<>
A01=Hasan Gurak
Author_Hasan Gurak
Category=GTM
Category=JB
Category=KCP
Category=KCS
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Product details
- ISBN 9783631654927
- Weight: 370g
- Dimensions: 148 x 210mm
- Publication Date: 30 Jul 2014
- Publisher: Peter Lang AG
- Publication City/Country: CH
- Product Form: Hardback
Secure
checkout
Fast Shipping
Easy returns
In an Islamic society, it is ethics that dominates and determines all behavior, including economic behavior. The Holy Koran emerges as the main source of all economic behavior and practices which are subject to the commands of Allah as stated in the Koran. Since Islam is a universal religion, the Islamic economic paradigm with its «scientific» Islamic economic theories has to be comprehensive as well as perfect in the sense of fairness, ethical values and fruitfulness. A universal Islamic economic system ought to have universally applicable economic laws acceptable by both, the Muslim and the non-Muslim world – meaning that when the word Islamic is taken out of the equation; it should appeal to all societies and countries equally, regardless of their religious persuasion. The question now is; do Islamic economics offer such «scientific» economic theories? Surprisingly, there were no such theories at all. In fact, there was not even a theory of interest, the most frequently referred to subject in Islamic economics. This appeared to be a serious omission. The Holy sources may be more than sufficient for Muslims, but what about non-Muslims? Isn’t it justified to expect Islamic «scientific» economic models and theories that are applicable to or able to guide non-Muslims?
Hasan Gürak studied in Germany, England and Sweden and obtained his doctoral degree at the University of Istanbul. Presently he is engaged in academic research in the field known as «Heterodox Economics», aiming to develop alternative theories and analyses in mainstream economics.
