Purpose This study argues that in order to address the problems associated with the modern
market economy at their core, such as persistent poverty, growing inequality and …

This book explores in detail the proposition that (private) morality, especially religious
morality, is vital for achieving economic well-being and human happiness; and that this …

Purpose–The paper aims to produce new key terminologies for the microfoundations of
Islamic economics. The paper attempts to investigate the microfoundations of Islamic …

This study sheds light on the philosophical underpinnings of Islamic economics, especially
its version of a social and moral economic system. The prospect of value-laden economics …

Purpose This study aims to theoretically explore and examine the possibility of developing
an Islamic social welfare function (ISWF) within the Islamic moral economy (IME) frame by …

The promise of the welfare of the capitalist economic system initiated three centuries ago is
only realized for the owners of capital. Even in 2017 in The Great Devide, Joseph E. Stigliz …

Purpose–The paper aims to revive the Islamic economic system discourse given the
increasing interest in the moral economy agenda. Design/methodology/approach …

Wellbeing is generally seen as an example of the condition of households, society, and
people. The issue of wellbeing in the modernized world has been reviewed and explained …

This book develops and applies the methodology of Tawhid (“monotheism”) as law and the
Sunnah (the teachings of Prophet Muhammad) in the Qur'an in establishing a …

This paper undertakes a comparative analysis of ethics and economics as enshrined in the
worldview of Islam and that which has become the foundational building block of western …