'True man': the true economic man for Islamic economics

As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This pa...

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Main Author: Mohd, Mahyudi
Format: Article
Language:English
Published: Kolej Islam Darul Ridzuan, Perak 2015
Subjects:
Online Access:http://irep.iium.edu.my/47396/
http://irep.iium.edu.my/47396/
http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf
id iium-47396
recordtype eprints
spelling iium-473962016-07-19T02:50:53Z http://irep.iium.edu.my/47396/ 'True man': the true economic man for Islamic economics Mohd, Mahyudi BP173.75 Islam and economics HB71 Economics as a science As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This paper first provides a reality-check exercise which reveals that Islamic economics institution’s weak social performance originates from the absence of homo Islamicus. Thence, this paper searches for a universal truth about Muslims as economic agents. Surprisingly, this paper has found that they are neither homo Islamicus nor homo economicus. Thus, the most important implication of this paper is the replacement of homo Islamicus as the basis of the micro-foundation for Islamic economics. Instead, the concept of ‘true man’ is proposed. Therefore, future research may develop the specific details of this ‘true man’ for Islamic economics to be a more reliable social science. Kolej Islam Darul Ridzuan, Perak 2015-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf Mohd, Mahyudi (2015) 'True man': the true economic man for Islamic economics. Global Journal Al-Thaqafah, 5 (2). pp. 63-72. ISSN 2232-0474 E-ISSN 2232-0482 http://www.gjat.com
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic BP173.75 Islam and economics
HB71 Economics as a science
spellingShingle BP173.75 Islam and economics
HB71 Economics as a science
Mohd, Mahyudi
'True man': the true economic man for Islamic economics
description As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This paper first provides a reality-check exercise which reveals that Islamic economics institution’s weak social performance originates from the absence of homo Islamicus. Thence, this paper searches for a universal truth about Muslims as economic agents. Surprisingly, this paper has found that they are neither homo Islamicus nor homo economicus. Thus, the most important implication of this paper is the replacement of homo Islamicus as the basis of the micro-foundation for Islamic economics. Instead, the concept of ‘true man’ is proposed. Therefore, future research may develop the specific details of this ‘true man’ for Islamic economics to be a more reliable social science.
format Article
author Mohd, Mahyudi
author_facet Mohd, Mahyudi
author_sort Mohd, Mahyudi
title 'True man': the true economic man for Islamic economics
title_short 'True man': the true economic man for Islamic economics
title_full 'True man': the true economic man for Islamic economics
title_fullStr 'True man': the true economic man for Islamic economics
title_full_unstemmed 'True man': the true economic man for Islamic economics
title_sort 'true man': the true economic man for islamic economics
publisher Kolej Islam Darul Ridzuan, Perak
publishDate 2015
url http://irep.iium.edu.my/47396/
http://irep.iium.edu.my/47396/
http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf
first_indexed 2023-09-18T21:07:27Z
last_indexed 2023-09-18T21:07:27Z
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