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Keywords: Islamic economics
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Journal Articles
Journal Articles
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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
Journal Articles
Journal Articles
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
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
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
Journal Articles
Journal Articles
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...

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