Labor Economics in an Islamic Framework

Labor Economics in an Islamic Framework PDF Author: Toseef Azid
Publisher: Routledge
ISBN: 1000530000
Category : Business & Economics
Languages : en
Pages : 239

Get Book

Book Description
The labor market in Islam is governed by the Islamic laws of fairness, justice, and reward that is equivalent to the job done. Most of the literature in the field discusses the normative aspect of the labor market, whereas few attempts can be seen to address more positive aspects. There is a need for new theoretical and empirical models for the Islamic labor market, which should differ from established approaches. This book provides a comprehensive overview of the nature, scope, and dimensions of the labor market in an Islamic context, from both theoretical and practical perspectives. It presents and discusses labor economics and then compares the similarities and differences between conventional and Islamic views of the labor market, explaining where they meet, and critically justifying why they differ, under the umbrella of Shari'ah. The book raises pertinent issues, which it analyzes from both standpoints and widens the discourse to include norms, morality, and related institutions such as social security and welfare. A unique feature of the book is that it examines labor economics practices among a specific group of countries, and studies the labor conditions within these countries, where the majority of the population follow the teachings of Islam in their daily lives. The book proposes practical strategies for the development of new models for the Islamic labor market which are compatible with the modern world. The book will enable academics and practitioners of Islamic economics to make economic sense of Shari'ah compliance and human resource development.

Labor in an Islamic Setting

Labor in an Islamic Setting PDF Author: Necmettin Kizilkaya
Publisher: Routledge
ISBN: 1317108515
Category : Business & Economics
Languages : en
Pages : 241

Get Book

Book Description
The Islamic labor market rests on the principles of the free market exchange of Islamic economics. Regrettably, the latter has failed to keep pace with the rapidly growing academic and professional developments of the former. Much of the published work within Islamic economics is idealistic if not radically ideological with little relevance to the Islamic labor market, leaving students of Islamic economics without a coherent body of economic theory to understand the practical objectives of Shariah that gives a sense of direction to the developments in this field. Drawing upon received sources of goals of Shariah, the authors present an independent academic work which: Emphasizes the common conceptual grounds of labor market behavior shared by the objectives of Shariah approach as well as the conventional approach to economics. Adopts standard tools of contemporary economics to explain the industrial relations. Extends the conventional scope of the labor market and forces of the labor market under the umbrella of Shariah. Enables readers and practitioners of Islamic economics to make economic sense of Shariah compliance and human resource development. Explains how the economics of Shariah is liable to offer moral guidance and a sense of direction to regulators and practitioners of the Islamic labor market. Labor in an Islamic Setting will be of interest to postgraduate students, academics, middle and senior management in both the western and the Islamic business communities, researchers and policy makers.

Social Justice and Islamic Economics

Social Justice and Islamic Economics PDF Author: Toseef Azid
Publisher: Routledge
ISBN: 1351364553
Category : Business & Economics
Languages : en
Pages : 210

Get Book

Book Description
Under the rule of the current economic order, social injustice is ever-increasing. Issues such as poverty, inhumane working conditions, inadequate wages, social insecurity and an unhealthy labor market continue to persist. Many states are also unable to produce policies capable of resolving these problems. The characteristics of the capitalist system currently render it unable to provide social justice. In fact, on the contrary, the system reinforces these injustices and prevents economic and social welfare from reaching the masses. Many Muslim scholars have analyzed and, indeed, criticized this system for years. This book argues that an alternative and more equitable theoretical and practical economical order can been developed within the framework of Islamic principles. On the other hand, the experiences of societies under the rule of Muslim governments do not always seem to hold great promise for an alternative understanding of social justice. In addition, the behaviors of Muslim individuals within their economic lives are mostly shaped by the necessities of daily economic conditions rather than by the tenets of Islam that stand with social justice. Until 1990s, studies of Islamic economics made connections between finance and the notion of social justice, but work conducted more recently has neglected this issue. It is therefore evident that the topic of social justice needs to be revisited in a more in-depth manner. Filling an important gap in existing literature, the book uniquely connects social justice and Islamic finance and economics on this topic. Theory, practice and key issues are presented simultaneously throughout this book, which is based on the writings of a number of eminent scholars.

Economic Development in an Islamic Framework

Economic Development in an Islamic Framework PDF Author: Muhammad Abdul Mannan
Publisher: International Institute of Islamic Economics
ISBN:
Category : Economic development
Languages : en
Pages : 398

Get Book

Book Description


Economics

Economics PDF Author: Muhammad Nejatullah Siddiqi
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 120

Get Book

Book Description


Contributions to Islamic Economic Theory

Contributions to Islamic Economic Theory PDF Author: Masudul Alam Choudhury
Publisher: Springer
ISBN: 1349077283
Category : Business & Economics
Languages : en
Pages : 252

Get Book

Book Description


Labour in the Medieval Islamic World

Labour in the Medieval Islamic World PDF Author: Shatzmiller
Publisher: BRILL
ISBN: 9004491414
Category : Religion
Languages : en
Pages : 459

Get Book

Book Description
This is an extensive study of labour in the social and economic life of Islamic communities around the Mediterranean in the medieval period, 9th-15th century. Based on a large number of primary and secondary sources, it contains a comprehensive dictionary of trades and occupations practised by both men and women, followed by a statistical and textual examination of the division of labour, the distribution of the labour force, occupational structures and the role of labour in the Islamic economy. It also describes ethnic divisions of labour, social status and image. A group of literary sources yields evidence that Muslim theologians, mystics and philosophers gradually formulated a doctrinal framework for labour. This book will prove a valuable resource for any student of medieval Islamic economic and labour history.

Resource Mobilization and Investment in an Islamic Economic Framework

Resource Mobilization and Investment in an Islamic Economic Framework PDF Author: Zaidi Sattar
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 1565640489
Category : Religion
Languages : en
Pages : 209

Get Book

Book Description
The contemporary understanding of economic resources has almost entirely to do with those elements that are capable of meeting, either directly or indirectly, the needs of mankind. These elements, or resources, both human and natural, are the things that every state attempts, as a fundamental principle of progress and prosperity, to preserve, mobilize, and invest. In the Islamic world, in particular, this is an issue that occupies a very basic position in all development strategy and planning; particularly as, in most cases, the Islamic world continues to suffer from backwardness, and from the adverse effects of the colonialization that was itself one of the major reasons for underdevelopment in the spheres of politics, economics, and culture.

Economic Development in an Islamic Framework

Economic Development in an Islamic Framework PDF Author: Khurshid Ahmad
Publisher:
ISBN: 9780860370413
Category : Economic development
Languages : en
Pages : 22

Get Book

Book Description


Economic Doctrines of Islam

Economic Doctrines of Islam PDF Author: Irfan Ul Haq
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 156564218X
Category : Religion
Languages : en
Pages : 36

Get Book

Book Description
In this book Dr. Irfan Ul Haq examines the primary sources of Islam to extract and formalize from them the Islamic economic doctrines as well as the sociopolitical framework which guides the development of society. In particular, emphasis is placed on the problems of poverty, unemployment and lack of human resource development. What the study suggests is that if Islam is properly studied through an idealistic-rational integrated methodology and understood in its spirit and purposes, it reveals a core set of permanent values and principles that form the fixed dimension of Islam which then are applicable to virtually all human situations of society, polity and economy in all space-and-time. It is this in-built dynamism of Islam, demonstrated here with historical examples, that is utilized in approaching and providing solutions to contemporary economic problems and issues. Written for students of social science and economics and students of Islam. Economic Doctrines of Islam nevertheless addresses itself to all such individuals who are interested in seeking divine guidance in the realm of ethical social and economic development of human societies at large.