Theory appraisal in Islamic economic methodology: purposes and criteria

Humanomics ◽  
2013 ◽  
Vol 29 (3) ◽  
pp. 187-201
Author(s):  
Hafas Furqani ◽  
Mohamed Aslam Haneef
Humanomics ◽  
2012 ◽  
Vol 28 (4) ◽  
pp. 270-284 ◽  
Author(s):  
Hafas Furqani ◽  
Mohamed Aslam Haneef

2019 ◽  
pp. 25-53 ◽  
Author(s):  
Abul Hassan ◽  
M.A. Choudhury

2017 ◽  
Vol 2 (1) ◽  
pp. 1-22
Author(s):  
Ahmad Ubaidillah

In recent years, we have witnessed a high interest in the study of methodology in the field of Islamic economics. Works in the form of books, journals, or articles on methodologies have developed rapidly over the past two decades. People’s interest binding up in Islamic economics in the field of methodology is caused by several factors, among which there are those who think that the economy is not going well. Poverty still exists. Unemployment is growing along with high inflation and hardly any reliable solution to the depression of the local economy, even the regional financial crisis. Another reason for the revival of interest in the field of economic methodology is that economists, in their efforts to instill a positivistic paradigm of natural science into economics, tend to break the science of philosophy that raises ethical and moral issues relating to human goals and behavior. This paper will attempt to answer the question: what is the Islamic economic methodology offered by Abdel-Rahman Yousri Ahmed and what should the Islamic economic exponents do in the formulation of Islamic economics theory? This type of research is qualitative with the approach of figure thinking. The data collection technique is done by reading the works of Abdel-Rahman Yousri Ahmed and some supporting writings of the research. The result of study shows that the commitment to make the theory of Islamic economics must be realized into the form of blend between Sharia rules and Islamic values ​​into postulates or axioms. The resolving of various problems, the process of economic analysis, and the formulation of rules that explain Islamic economics, should be based on the postulates or the axioms. The empirical experience of Islamic economics is a mandatory requirement for formulating empirical theory. Islamic economics scientific theory consists of three main elements: definition or terminology, postulates (axioms or assumptions), and hypotheses. From an Islamic perspective, definitions and postulates which are composed and made in accordance with Islamic and Shari’a values, should be ensured to show the character of the Islamic hypothesis that culminates in the theoretical work. The historical experience of Islamic economics in the past will greatly help modern Islamic economics. The Islamic economics applicability depends heavily on using correct methodology in formulating theory.


2020 ◽  
Vol 31 (1) ◽  
pp. 1-16
Author(s):  
Arif Nur'aini ◽  
Muttaqin Muhammad Ngizzul

As a scientific of term that has an important role in the development of Islamic science. Islamic economics is considered important to get attention and development of study. Islamic economics is an entity of thought and practice that is currently stretching among of Moslem's. In every thought of entity, it has its own methodology and framework of thinking. Likewise with a theoretical framework regarding Islamic Economics. One of the Islamic Economic methodology frameworks that are different from conventional of methodologies economic, it is a framework of thinking that starts from ushul fiqh (istimbath legal of method). Ushul fiqh has a very strong role in contributing to the emergence of Islamic economics. Istihsan as one of the istimbath methods of Islamic law (ushul fiqh) initiated from by Imam Hanafi. certainly must be given more portions in order to further develop the Islamic economy. As a literature-based study, this study has significance to the development of Islamic economics through the istihsan method. The findings in this study are expected to add new treasures to the thought of Ushul Fiqh and the development of Islamic economic studies.


2017 ◽  
Vol 2 (2) ◽  
Author(s):  
Ahmad Ubaidillah

In recent years, we have witnessed a high interest in the study of methodology in the field of Islamic economics. Works in the form of books, journals, or articles on methodologies have developed rapidly over the past two decades. People’s interest binding up in Islamic economics in the field of methodology is caused by several factors, among which there are those who think that the economy is not going well. Poverty still exists. Unemployment is growing along with high inflation and hardly any reliable solution to the depression of the local economy, even the regional financial crisis. Another reason for the revival of interest in the field of economic methodology is that economists, in their efforts to instill a positivistic paradigm of natural science into economics, tend to break the science of philosophy that raises ethical and moral issues relating to human goals and behavior. This paper will attempt to answer the question: what is the Islamic economic methodology offered by Abdel-Rahman Yousri Ahmed and what should the Islamic economic exponents do in the formulation of Islamic economics theory? This type of research is qualitative with the approach of figure thinking. The data collection technique is done by reading the works of Abdel-Rahman Yousri Ahmed and some supporting writings of the research. The result of study shows that the commitment to make the theory of Islamic economics must be realized into the form of blend between Sharia rules and Islamic values into postulates or axioms. The resolving of various problems, the process of economic analysis, and the formulation of rules that explain Islamic economics, should be based on the postulates or the axioms. The empirical experience of Islamic economics is a mandatory requirement for formulating empirical theory. Islamic economics scientific theory consists of three main elements: definition or terminology, postulates (axioms or assumptions), and hypotheses. From an Islamic perspective, definitions and postulates which are composed and made in accordance with Islamic and Shari’a values, should be ensured to show the character of the Islamic hypothesis that culminates in the theoretical work. The historical experience of Islamic economics in the past will greatly help modern Islamic economics. The Islamic economics applicability depends heavily on using correct methodology in formulating theory. Keywords: Islamic Economics Methodology, Abdel-Rahman Yousri Ahmed


2017 ◽  
Vol 4 (1) ◽  
pp. 179
Author(s):  
Hafas Furqoni

<p><em>Methodology in science philosophy study is usually discussed in the epistemological discussions which discuss nature, source, concept and theory of knowledge. Methodological discourse, therefore, follows the development of science phylosophy and epistemology discourse. However, there are differences in discussion focus and scope between epistemology and methodology. In epistemology, we study theory of knowledge, its nature and scope, while in methodology we study how to appraise a theory and evaluate it by scientific justification. As a new discipline, methodological discussion in Islamic economics is very important to develop the foundations of the discipline. A solid methodology would help to develop Islamic economics from its own sources of knowledge and use its own philosophical foundations. This paper aims to observe the relationship of Islamic epistemology and methodology of Islamic economics, the nature of Islamic economic methodology and its significance in developing Islamic economics.</em></p>


2018 ◽  
Vol 6 (1) ◽  
pp. 49-64
Author(s):  
Muhammad Wildan ◽  
Muhammad Wildan

The term “economy” comes from Greek word “oikonomia” consisting of “oikos” which means household and “nomos” which means regulation. The word “oikonomia” can be defined as the applicable regulation to fulfill the needs in a household. Islamic economics aims to build the economic independence of society collectively, meanwhile conventional economics is still individualistic. In the amidst of globalization, the efforts of sharia economist in covering coventional economic flow are already good enough. System that is already ingrained in society cannot easily be changed. The good strategic plan is required in instilling Islamic economic system in the middle of society. Thomas Kuhn says: ”every system has paradigm and the core of Islamic economic paradigm is definitely from Qur’an and Sunnah”.


2016 ◽  
Vol 1 ◽  
pp. 287-297
Author(s):  
Nita Triana

This article examines the execution of a security interest in Islamic banking in the Islamic economic disputes in  the  Purbalingga  Religious  Court. The case of non-performing loans in the world of Islamic banking is often the case, this was due to the debtor defaults. Mortgages used as collateral can be executed based on the decision of the Religious Court. The method used in this research is a kind of field research with the approach of Socio Legal Research, including in the realm of non-doctrinal study. The results show the execution of a security interest in dispute sharia economy in Purbalingga Religious Court has been run in accordance with the mandate of the Act: On the substance of the Implementation of the decision of execution is the end of a case that is the result of what is required by the plaintiff are determined in a court of Religion with using the guidelines do not separate from the disciplinary proceedings contained in HIR or Rbg. On the  Structure  of  Purbalingga Religious Court  carry out executions by institutions that are available from the start to the filing of the petition to the Chairman of the Religious Courts, judges who will examine the final verdict, Executor who will call and will execute and when the auction Clerk role of the mentor  State Property Office and Auction (KPKNL). Culturally law. Purbalingga Religious Court  carry out the execution-based approaches to religion and culture. This approach proved to facilitate execution. Obstacles that faced in general, form, creditors often receive a guaranteed land and buildings where the land certificate is no longer appropriate to the actual situation, the Debtor is not willing to leave the place right dependents, barriers to the sale of objects auction execution which does not go unsold objects auction / auction. Constraints that normally occurs in the execution of this economic security rights dispute, can be resolved by various reinforcement structures / institutions and culture through the law chosen by the Purbalingga Religious Courts.


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