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Year 2019, Volume: 6 Issue: 1, 1 - 34, 15.02.2019

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Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation

Year 2019, Volume: 6 Issue: 1, 1 - 34, 15.02.2019

Abstract

The primary sources of economics are human thinking and observation through sense-perception. Economics does not accept any super-sensory source as a valid field of enquiry. However, divine revelation granted to
Prophets by God, is a source of knowledge that deals with wide-ranging issues including the economic problem. The
main argument of the paper is that by integrating human understanding of the divine revelation with conventional
economics, existing frontiers of the subject can be expanded. Although the divine revelation is found in the basic
texts of all revealed religions, yet the present paper deals with the Islamic primary sources (the Qur’an2
and the
hadith3
) only. The paper enumerates, by way of example, six problem areas where the Qur’anic revelation can give
a lead. These areas are: inequality, human happiness and unhappiness, economic balance, philanthropy, financial
crises and stock exchange instability, and waste in human society. However, such a conclusion would firstly require
overcoming prejudice against religion and non-conventional fields of enquiry.

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  • Referans3
There are 3 citations in total.

Details

Primary Language English
Journal Section ARTICLES
Authors

Muhammad Akram Khan This is me

Publication Date February 15, 2019
Published in Issue Year 2019 Volume: 6 Issue: 1

Cite

APA Khan, M. A. (2019). Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation. Turkish Journal of Islamic Economics, 6(1), 1-34.
AMA Khan MA. Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation. TUJISE. February 2019;6(1):1-34.
Chicago Khan, Muhammad Akram. “Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation”. Turkish Journal of Islamic Economics 6, no. 1 (February 2019): 1-34.
EndNote Khan MA (February 1, 2019) Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation. Turkish Journal of Islamic Economics 6 1 1–34.
IEEE M. A. Khan, “Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation”, TUJISE, vol. 6, no. 1, pp. 1–34, 2019.
ISNAD Khan, Muhammad Akram. “Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation”. Turkish Journal of Islamic Economics 6/1 (February 2019), 1-34.
JAMA Khan MA. Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation. TUJISE. 2019;6:1–34.
MLA Khan, Muhammad Akram. “Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation”. Turkish Journal of Islamic Economics, vol. 6, no. 1, 2019, pp. 1-34.
Vancouver Khan MA. Expanding the Frontiers of Economics: Some Insights from the Qur’anic Revelation. TUJISE. 2019;6(1):1-34.