Leading Issues in Islamic Economics and Finance: Critical Evaluations
Intro -- Preface -- Contents -- About the Author -- List of Figures -- List of Tables -- Chapter 1 The Nature and Significance of Islamic Economics: Integrative Approach -- 1.1 Introduction -- 1.2 Worldview Differences -- 1.3 Definition of Islamic Economics -- 1.4 Nature and Scope -- 1.5 The Methods' Controversy -- 1.6 Economic Systems -- 1.7 Problems -- 1.8 Challenges and the Future -- Test Questions -- What Next? -- References -- Chapter 2 Scarcity Self-interest and Maximization: Efficacy for Islamic Economics -- 2.1 Introduction -- 2.2 The Language of Economics -- 2.3 Pre-Islamic Context -- 2.3.1 The Greek Impact -- 2.4 Population vs. Output -- 2.4.1 Holistic Studies -- 2.5 Scarcity of Resources -- 2.5.1 Knowledge vs. Scarcity -- 2.5.2 Scarcity and the Environment -- 2.6 Pursuit of Self-interest -- 2.6.1 Containment, not Rejection -- 2.6.2 Self-interest Is Not Selfishness -- 2.6.3 The Harmony of Interests Fallacy -- 2.6.4 Rationality Exaggerated -- 2.7 Maximizing Behaviour -- 2.7.1 Profit Maximization -- 2.7.2 The Defence: Two Aspects -- 2.7.3 The Final Word -- 2.8 Concluding Remarks -- Test Questions -- What Next? -- References -- Chapter 3 Islam and Economic Development: Mundane Effort for Spiritual Solace -- 3.1 Introduction -- 3.1.1 Growth Versus Welfare -- 3.1.2 The Un View of Development -- 3.2 More on Islam and Development -- 3.2.1 Consumption and Development -- 3.2.2 Work Effort -- 3.2.3 Productivity and Distribution -- 3.3 Growth Versus Welfare -- 3.3.1 Employment Provision [B] -- 3.3.2 Systemic Stability -- 3.4 More Issues -- 3.4.1 The Question of Motivation -- 3.4.2 The Role of the State -- 3.4.3 Demographic Issues -- 3.4.4 Population Management -- 3.5 Concluding Remarks -- Test Questions -- What Next? -- References -- Chapter 4 Growth Versus Environment: Pollution and Its Mitigation.