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2024 | OriginalPaper | Buchkapitel

6. The Rise of Religious Economics Model: Critiques of the Islamic Economics Doctrine

verfasst von : Samir Alamad

Erschienen in: Beyond Profit

Verlag: Springer Nature Switzerland

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Abstract

In this Chapter, we embark on a fascinating exploration of faith-based economic thought, which challenges the universal economic identity promoted by globalisation. We delve into the rise of “Islamic economics,” deeply rooted in Islamic scripture and traditions, within the context of “political Islam” in the twentieth century. Despite being embraced by a minority of economists known as “Islamic economists,” this doctrine’s social impact cannot be underestimated. This chapter offers unique insights into this faith-based perspective, providing a richer understanding of its significance.

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Fußnoten
1
Recent expositions include Chapra (1992) and Naqvi (1994). For critiques of the literature, see Behdad (1989, 1994), Kuran (1986, 1989, 1993) and Haneef (1995).
For critical overviews of the practice of Islamic economics, see (Rahnema and Nomani, 1990; Kuran, 1993, 1995; Richards and Waterbury, 1996, Ch. 14; Malik, 1996, Chaps. 3–4).
The fears were not baseless. Some Hindu politicians envisioned a centralised Hindu raj, and they considered the terms “Hindu” and “Indian” as synonymous. Moreover, certain Hindu-dominated local governments had treated Muslims as undesirable aliens. (See Aziz, 1967, esp. Chaps. 2–3). As tensions between Muslims and Hindus mounted, certain leaders on both sides fanned hostilities by reviving memories of old grievances.
For examples of Mawdudi’s writings and addresses published in prepartition India, see Jihad in Islam ([1939], 1976), Let Us Be Muslims ([1940], 1990), Islam and Ignorance ([1941] 1976), and Islamic Way of Life ([1948], 1950). Scholarly analyses of Mawdudi’s thought include: (Nasr, 1996; Aziz, 1967; Lerman, 1981; Binder, 1961, pt. 1).
 
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Metadaten
Titel
The Rise of Religious Economics Model: Critiques of the Islamic Economics Doctrine
verfasst von
Samir Alamad
Copyright-Jahr
2024
DOI
https://doi.org/10.1007/978-3-031-49748-3_6

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