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1-11 of 11
Keywords: Islamic economics
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Journal Articles
Understanding the dynamics of criticism in Islamic economics and finance: trends and insights
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International Journal of Ethics and Systems 1–27.
Published: 09 December 2025
... to systematically examine these critiques, focusing on ethical, regulatory and operational issues within Islamic finance, using bibliometric methods to map trends in critical discourse. Design/methodology/approach This study uses a bibliometric approach to explore critical themes in Islamic economics...
Journal Articles
Bridging circular economy and Islamic economic principles: toward a sustainable economic model
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International Journal of Ethics and Systems 1–22.
Published: 21 October 2025
...Nadia Rahma; Catur Sugiyanto; Akhmad Akbar Susamto Purpose This study aims to explore the intersection between the concept of circular economy ( CE ) and Islamic economics, emphasizing that Islamic economic values recognize and support key aspects of CE and how this integration can create a more...
Journal Articles
Evolution of quantitative and mathematical economics researches in Islamic economics
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International Journal of Ethics and Systems (2025)
Published: 08 May 2025
...Shafiu Ibrahim Abdullahi Purpose The purpose of this work is to analyze the applications of mathematical and quantitative economics in Islamic economics. Islamic economics just like conventional economics is confronted with the challenge of how best to adopt mathematical and quantitative economics...
Journal Articles
An overview of waste in the context of Islamic economics and heterodox approaches: on common discourses
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International Journal of Ethics and Systems (2025) 41 (4): 826–839.
Published: 16 April 2024
...Ekrem Yilmaz Purpose This study aims to investigate the viewpoints of heterodox economic thoughts and Islamic economic thought concerning the concept of waste. Additionally, it explores the shared criticisms that both perspectives hold against mainstream economic thought in relation to waste...
Journal Articles
Mainstream economics’ war with the environment: counter-critiques from heterodox economics and Islamic economics
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International Journal of Ethics and Systems (2024) 40 (3): 526–538.
Published: 28 July 2023
...Ekrem Yilmaz; Güler Deymencioğlu; Mehmet Atas; Fatma Sensoy Purpose This study aims to present the perspectives of heterodox economics and Islamic economics on environmental economics, as an alternative to mainstream economics, which takes economic growth as its main objective and argues...
Journal Articles
Learning and teaching of Islamic economics: conventional approach or Tawhidi methodology
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International Journal of Ethics and Systems (2021) 37 (2): 281–300.
Published: 03 February 2021
...Toseef Azid; Zafar Kayani; Osamah Hussien Rawashdeh; Nasim Shah Shirazi Purpose This paper aims to discuss the methodology of mainstream Islamic economics and also gives an alternative approach which is yet not very much taught in the different academic institutions, i.e. Tawhidi methodology. From...
Journal Articles
Ethics in Islamic economics: microfoundations for an ethical endogeneity
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International Journal of Ethics and Systems (2020) 36 (3): 449–463.
Published: 04 August 2020
...Hafas Furqani; Gunawan Adnan; Ratna Mulyany Purpose This paper aims to explore ethics in Islamic economics by establishing the micro-foundations of Islamic economics. This is done by conceptualizing the behavioural assumptions of the individual in an Islamic framework. It also argues that ethical...
Journal Articles
An Islamic monetary theory of value and equation of exchange: evidence from Egypt (696-1517)
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Humanomics (2016) 32 (2): 121–150.
Published: 09 May 2016
... also showed decisively from 2001 to 2007, that savers in gold have a “complete hedge” against domestic inflation, as measured by CPI (Mansor, 2009 , p. 373-388). On the other hand, Zubair Hasan received the Islamic Development Bank’s Laureate Prize in Islamic Economics in 2009, for expressing...
Journal Articles
Examining the relationship between war and interest based transaction: The case of Ottoman Empire
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Humanomics (2015) 31 (4): 454–466.
Published: 09 November 2015
... punishment in this life is mentioned for this crime; rather extreme psychological pressure is imposed, so that the believers do not even consider getting close to dealing with interest. Originality/value – This paper addresses a missing component in the existing literature of Islamic economics where...
Journal Articles
The concept of scarcity and its influence on the definitions of Islamic economics: A critical perspective
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Humanomics (2015) 31 (2): 134–159.
Published: 11 May 2015
... perspective. Design/methodology/approach – Analyses of both interviews and texts were performed. The method in studying scarcity from Islamic perspective consisted of semi-structured interview with five experts in the field of Islamic economics and development. Findings – One major implication...
Journal Articles
Pareto efficiency in individualistic vs. altruistic society
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Humanomics (2014) 30 (4): 304–324.
Published: 10 November 2014
... – The paper follows conceptual, axiomatic and theoretical approaches to show Pareto efficiency in altruistic versus individualistic societies. The paper first outlines the welfare axioms of Islamic economics compared to those of capitalism. Second, it defines Pareto efficiency within capitalist and Islamic...
