Rethinking the structure of Islamic economics science: The universal man imperative

The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims at highlighting the economic man imperative in projecting Islamic economics as a normal science. This p...

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Main Authors:	Mohd, Mahyudi, Abdul Aziz, Enizahura
Format:	Article
Language:	English
Published:	2017
Subjects:	HB Economic Theory HB71 Economics as a science
Online Access:	http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf

id	iium-58286
recordtype	eprints
spelling	iium-582862018-01-12T07:15:16Z http://irep.iium.edu.my/58286/ Rethinking the structure of Islamic economics science: The universal man imperative Mohd, Mahyudi Abdul Aziz, Enizahura HB Economic Theory HB71 Economics as a science The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims at highlighting the economic man imperative in projecting Islamic economics as a normal science. This paper first explores Islamic economics’ current state of readiness to fulfill its promising future. Unfortunately, the authoritative view is that Islamic economics is not in proper order. Consequently, Arif’s (1985a and 1985b) Islamic economics scientific structure is utilized to locate that stage which requires serious improvement. At the basis of micro-foundation stage, the economic man imperative emerges out of this identification exercise. Thus, the most important implication here is the replacement of homo Islamicus with the concept of ‘universal man’ which proffers several significant advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science. 2017 Article PeerReviewed application/pdf en http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf Mohd, Mahyudi and Abdul Aziz, Enizahura (2017) Rethinking the structure of Islamic economics science: The universal man imperative. International Journal of Economics, Management and Accounting, 25 (2 (Special Issue)). pp. 227-251. ISSN 2462-1420 http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/487
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB Economic Theory HB71 Economics as a science
spellingShingle	HB Economic Theory HB71 Economics as a science Mohd, Mahyudi Abdul Aziz, Enizahura Rethinking the structure of Islamic economics science: The universal man imperative
description	The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims at highlighting the economic man imperative in projecting Islamic economics as a normal science. This paper first explores Islamic economics’ current state of readiness to fulfill its promising future. Unfortunately, the authoritative view is that Islamic economics is not in proper order. Consequently, Arif’s (1985a and 1985b) Islamic economics scientific structure is utilized to locate that stage which requires serious improvement. At the basis of micro-foundation stage, the economic man imperative emerges out of this identification exercise. Thus, the most important implication here is the replacement of homo Islamicus with the concept of ‘universal man’ which proffers several significant advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science.
format	Article
author	Mohd, Mahyudi Abdul Aziz, Enizahura
author_facet	Mohd, Mahyudi Abdul Aziz, Enizahura
author_sort	Mohd, Mahyudi
title	Rethinking the structure of Islamic economics science: The universal man imperative
title_short	Rethinking the structure of Islamic economics science: The universal man imperative
title_full	Rethinking the structure of Islamic economics science: The universal man imperative
title_fullStr	Rethinking the structure of Islamic economics science: The universal man imperative
title_full_unstemmed	Rethinking the structure of Islamic economics science: The universal man imperative
title_sort	rethinking the structure of islamic economics science: the universal man imperative
publishDate	2017
url	http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf
first_indexed	2023-09-18T21:22:24Z
last_indexed	2023-09-18T21:22:24Z
_version_	1777411968635764736

Rethinking the structure of Islamic economics science: The universal man imperative

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