A Survey on the objective of the firm and models of producer behavior in the Islamic framework

This paper presents a review of related works that have been written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respecti...

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Main Authors:	Abdullah Yusof, Selamah, Mohd Amin, Ruzita
Format:	Article
Language:	English
Published:	King Abdul Aziz University 2007
Subjects:	BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship
Online Access:	http://irep.iium.edu.my/3360/ http://irep.iium.edu.my/3360/ http://irep.iium.edu.my/3360/1/jkaau_20-2_Salamah_06.pdf

id	iium-3360
recordtype	eprints
spelling	iium-33602011-10-10T07:56:14Z http://irep.iium.edu.my/3360/ A Survey on the objective of the firm and models of producer behavior in the Islamic framework Abdullah Yusof, Selamah Mohd Amin, Ruzita BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship This paper presents a review of related works that have been written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respectively is provided. Several studies that provide mathematical models to explain the producer behavior are further examined in a separate section. Our analysis finds that, in general, the arguments provided in justifying the objective of the firm as found in the various studies have the Islamic framework in mind. The theoretical models that have been developed can be used as a basis to formulate a more comprehensive model on Islamic producer behavior that provides more rigor and robustness to the analysis. King Abdul Aziz University 2007 Article PeerReviewed application/pdf en http://irep.iium.edu.my/3360/1/jkaau_20-2_Salamah_06.pdf Abdullah Yusof, Selamah and Mohd Amin, Ruzita (2007) A Survey on the objective of the firm and models of producer behavior in the Islamic framework. J.KAU: Islamic Econ, 20 (2). pp. 3-16. http://islamiccenter.kau.edu.sa/english/Journal/Issues/List.htm
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship
spellingShingle	BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship Abdullah Yusof, Selamah Mohd Amin, Ruzita A Survey on the objective of the firm and models of producer behavior in the Islamic framework
description	This paper presents a review of related works that have been written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respectively is provided. Several studies that provide mathematical models to explain the producer behavior are further examined in a separate section. Our analysis finds that, in general, the arguments provided in justifying the objective of the firm as found in the various studies have the Islamic framework in mind. The theoretical models that have been developed can be used as a basis to formulate a more comprehensive model on Islamic producer behavior that provides more rigor and robustness to the analysis.
format	Article
author	Abdullah Yusof, Selamah Mohd Amin, Ruzita
author_facet	Abdullah Yusof, Selamah Mohd Amin, Ruzita
author_sort	Abdullah Yusof, Selamah
title	A Survey on the objective of the firm and models of producer behavior in the Islamic framework
title_short	A Survey on the objective of the firm and models of producer behavior in the Islamic framework
title_full	A Survey on the objective of the firm and models of producer behavior in the Islamic framework
title_fullStr	A Survey on the objective of the firm and models of producer behavior in the Islamic framework
title_full_unstemmed	A Survey on the objective of the firm and models of producer behavior in the Islamic framework
title_sort	survey on the objective of the firm and models of producer behavior in the islamic framework
publisher	King Abdul Aziz University
publishDate	2007
url	http://irep.iium.edu.my/3360/ http://irep.iium.edu.my/3360/ http://irep.iium.edu.my/3360/1/jkaau_20-2_Salamah_06.pdf
first_indexed	2023-09-18T20:11:10Z
last_indexed	2023-09-18T20:11:10Z
_version_	1777407487247384576

A Survey on the objective of the firm and models of producer behavior in the Islamic framework

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