God-Conscious Organization and the Islamic Social Economy

God-Conscious Organization and the Islamic Social Economy
Author: Masudul Alam Choudhury
Publisher: Routledge
Total Pages: 311
Release: 2016-08-05
Genre: Business & Economics
ISBN: 1317126378

Can there be God-conscious organizational behaviour in the real world of today’s capitalist corporations and the alternatives? In this overview of God-consciousness as a moral-awareness model of preference formation, functions, structures, and programs of organization within the purview of institutions and society, the authors explain and compare the major ethical issues of organizational behaviour and structure in Islamic economic theory and application. By analysing the nature of inclusive organizations and institutions, and the ethical preferences in Islamic choice framework, the authors from Saudi Arabia, Australia, Malaysia, Bangladesh, Canada, Indonesia and the UK, can highlight individual aspects to show whether capitalist organizational behaviour is sustainable. They describe how The Tawhidi epistemological framework governing conscious moral decision-making by institutions and organization, are used to establish the meaning and potential application of the concept of sustainability, and whether organizational moral objectives achieve their goals of life-fulfilment development, Poverty alleviation and the equitable distribution of wealth and resources.

God-Conscious Organization and the Islamic Social Economy

God-Conscious Organization and the Islamic Social Economy
Author: Masudul Alam Choudhury
Publisher: Routledge
Total Pages: 377
Release: 2016-08-05
Genre: Business & Economics
ISBN: 131712636X

Can there be God-conscious organizational behaviour in the real world of today’s capitalist corporations and the alternatives? In this overview of God-consciousness as a moral-awareness model of preference formation, functions, structures, and programs of organization within the purview of institutions and society, the authors explain and compare the major ethical issues of organizational behaviour and structure in Islamic economic theory and application. By analysing the nature of inclusive organizations and institutions, and the ethical preferences in Islamic choice framework, the authors from Saudi Arabia, Australia, Malaysia, Bangladesh, Canada, Indonesia and the UK, can highlight individual aspects to show whether capitalist organizational behaviour is sustainable. They describe how The Tawhidi epistemological framework governing conscious moral decision-making by institutions and organization, are used to establish the meaning and potential application of the concept of sustainability, and whether organizational moral objectives achieve their goals of life-fulfilment development, Poverty alleviation and the equitable distribution of wealth and resources.

God-conscious Organization and the Islamic Social Economy

God-conscious Organization and the Islamic Social Economy
Author: Masudul Alam Choudhury
Publisher:
Total Pages: 0
Release: 2016
Genre: Business & Economics
ISBN: 9781315585321

Can there be God-conscious organizational behaviour in the real world of today's capitalist corporations and the alternatives? In this overview of God-consciousness as a moral-awareness model of preference formation, functions, structures, and programs of organization within the purview of institutions and society, the authors explain and compare the major ethical issues of organizational behaviour and structure in Islamic economic theory and application. By analysing the nature of inclusive organizations and institutions, and the ethical preferences in Islamic choice framework, the authors from Saudi Arabia, Australia, Malaysia, Bangladesh, Canada, Indonesia and the UK, can highlight individual aspects to show whether capitalist organizational behaviour is sustainable. They describe how The Tawhidi epistemological framework governing conscious moral decision-making by institutions and organization, are used to establish the meaning and potential application of the concept of sustainability, and whether organizational moral objectives achieve their goals of life-fulfilment development, Poverty alleviation and the equitable distribution of wealth and resources.

Islamic Economics

Islamic Economics
Author: Taha Eğri
Publisher: Cambridge Scholars Publishing
Total Pages: 255
Release: 2015-06-18
Genre: Business & Economics
ISBN: 1443879207

Studies conducted in the field of Islamic economics lose their relevance over time. Works examining Islamic economics since the 1970s have been co-opted by the existing economic system and have become limited to a large extent, as they are now only concerned with financial transactions. In fact, ""Islamic economics"" as a concept should actually be conceptualized as an alternative economic system. However, because of the financial and commercial transactions implemented in daily economic life ...

Islamic Economics and COVID-19

Islamic Economics and COVID-19
Author: Masudul Alam Choudhury
Publisher: Routledge
Total Pages: 157
Release: 2021-01-28
Genre: Business & Economics
ISBN: 1000372901

This book is a timely exploration of an unprecedented, cataclysmic pandemic episode. It examines certain critical aspects of socio-scientific theory across a variety of diverse themes, and through an epistemic lens. The book investigates the general theory of pandemic episodes and their adverse long-term effects on human and environmental wellbeing. It includes an in-depth study of COVID-19 but also looks to the future to contemplate potential pandemics to come. The existing approach to the study of pandemics is critically examined in terms of the prevalent isolated and thus mutated way of viewing human and mechanical relations in the name of specialization and modernity. The book presents a novel model of science-economy-society moral inclusiveness that forms a distinctive theoretical approach to the issue of normalizing all forms of pandemic challenges. It is methodologically different from existing economic theory, including the critical study of microeconomic foundations of macroeconomics. Human and environmental existence along with its multidisciplinary outlook of unity of knowledge between modernity, traditionalism, and socio-cultural values is emphasized in the treatment and cure of pandemic episodes. The book is a unique reference work, offering fresh wisdom within the moral methodological worldview.

Islamic Economics

Islamic Economics
Author: Abul Hassan
Publisher: Routledge
Total Pages: 356
Release: 2019-01-10
Genre: Business & Economics
ISBN: 0429777922

This book is a comprehensive study, which provides informed knowledge within the field of Islamic economics. The authors lay down the principal philosophical foundation of a unique and universal theory of Islamic economics by contrasting it with the perspectives of mainstream economics. The methodological part of the theory of Islamic economics arises from the ethical foundations of the Qur'an and the Sunnah (tradition of the Prophet) along with learned exegeses in an epistemological derivation of the postulates and formalism of Islamic economics. This foundational methodology will be contrasted with the contemporary approaches of the random use of mainstream economic theory in Islamic economics. The book establishes the methodological foundation as the primal and most fundamental premise of the study leading to scientific formalism and the prospect of its application. By way of its Islamic epistemological explanation (philosophical premise) in the form of logical formalism and the use of simple real-world examples, the authors show the reader that the scientific nature of economics in general and Islamic economics in particular rests on the conception of the scientific worldview. With its uniquely comparative approach to mainstream economics, this book facilitates a greater understanding of Islamic economic concepts. Senior undergraduate and graduate students will gain exposure to Islamic perspectives of micro- and macroeconomics, money, public finance, and development economics. Additionally, this book will be useful to practitioners seeking a greater comprehension of the nature of Islamic economics. It will also enable policymakers to better understand the mechanism of converting institutions, such as public and social policy perspectives.

Islamic Financial Economy and Islamic Banking

Islamic Financial Economy and Islamic Banking
Author: Masudul Alam Choudhury
Publisher: Routledge
Total Pages: 374
Release: 2016-06-10
Genre: Business & Economics
ISBN: 1317112296

Islamic Financial Economy and Islamic Banking, is a thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system. The book presents a new frontier of original contribution to the theme of generalized-system model of shari’ah. The model, derived from the Qur’an and Sunnah (Prophetic guidance) incorporates a wide analytical coverage of the purpose and objective of the Islamic worldview (maqasid as-shari’ah) in Islamic economics and finance in particular. The author covers issues that contrast with the existing understanding of Islamic economics and finance, including some specific goals defining the field and how they compare in today’s unstable world of financial volatility. A new heterodox thinking in economic theory is outlined. The potential as to how such issues can be addressed by the Tawhidi epistemology in formulating the generalized-system model of the purpose and objective of shari’ah lead the way in this book. Its presentation and analysis, methods and approach, overarch the fields of philosophy of science, rigorous analysis, mathematical and other presentations of the understanding given, and all taken up in the light of the exegesis of the Qur’an and coverage of the Sunnah. The result is a substantive one in the field of scholarship and application; and in analytically proving the universality and uniqueness of the epistemic worldview for the academic and practitioner world at large. The totality of the multiverse diversity of issues and problems reviewed comprise the study of the world-system by the Tawhidi methodological approach. Yet this methodology and its empirical configuration are universally applicable to all users without any need for unnecessary religious overtone.

Women, Entrepreneurship and Development in the Middle East

Women, Entrepreneurship and Development in the Middle East
Author: Beverly Dawn Metcalfe
Publisher: Routledge
Total Pages: 217
Release: 2021-12-20
Genre: Business & Economics
ISBN: 1000515575

The Middle East was the region least impacted in the 2008 crisis, has investment systems markedly different to the West, is largely governed by Islamic Shari’a, and has varying forms of governance and institutional organization, which are not understood by many, nor how these systems shape entrepreneurial and industrial development. While the Middle East as a region has seen a small growth in entrepreneurship for women, and business scholarship on the Middle East has grown, there is no text in English that has brought critical insights from the Middle East together in a single volume. In examining women’s entrepreneurship in the Middle East, this book aims to challenge Global North assumptions about the disempowering impacts of Islamic Shari’a and governance. Referring to the constraints of Islam on women’s subjectivity and agency greatly misunderstands religious identity, of both men and women, and the way in which public administration and private sector institutions are organized in very different ways to Western regions. This timely text expands and adds new insights to the theorizations of women’s entrepreneurship in the Middle East, through unravelling spatialized themes, and incorporates contemporary themes including: an Islamic science reading of women, work and venturing; changing families and entrepreneurship development; women managing social crises; Islamization, governance and women; Islamic feminist activisms and entrepreneurship; representations of women’s entrepreneurship on social media; and women’s collectives leading entrepreneurship via Facebook entrepreneurship. It will be of interest to researchers, academics, and students in the fields of entrepreneurship, gender, work and organizations.

Artificial Intelligence and Islamic Finance

Artificial Intelligence and Islamic Finance
Author: Adel M. Sarea
Publisher: Routledge
Total Pages: 180
Release: 2021-12-31
Genre: Business & Economics
ISBN: 100052812X

This book provides a systematic overview of the current trends in research relating to the use of artificial intelligence in Islamic financial institutions (IFIs), across all organization of Islamic cooperation (OIC) countries. Artificial Intelligence and Islamic Finance discusses current and potential applications of artificial intelligence (AI) for risk management in Islamic finance. It covers various techniques of risk management, encompassing asset and liability management risk, credit, market, operational, liquidity risk, as well as regulatory and Shariah risk compliance within the financial industry. The authors highlight AI’s ability to combat financial crime such as monitoring trader recklessness, anti-fraud and anti-money laundering, and assert that the capacity of machine learning (ML) to examine large amounts of data allows for greater granular and profound analyses across a variety of Islamic financial products and services. The book concludes with practical limitations around data management policies, transparency, and lack of necessary skill sets within financial institutions. By adopting new methodological approaches steeped in an Islamic economic framework (e.g., analysing FinTech in the context of Shariah principles and Islamic values), it devises practical solutions and generates insightful knowledge, helping readers to understand and explore the role of technological enablers in the Islamic finance industry, such as RegTech and artificial intelligence, in providing better and Shariah-compliant services to customers through digital platforms. The book will attract a wide readership spanning Shariah scholars, academicians, and researchers as well as Islamic financial practitioners and policy makers.

Islamic Monetary Economics

Islamic Monetary Economics
Author: Taha Eğri
Publisher: Routledge
Total Pages: 0
Release: 2022-08
Genre: Banks and banking
ISBN: 9780367654306

The editors argue that an Islamic monetary system, with its specific money concepts, interest free financial institutions and a monetary policy embedded in real growth, provides a solution to challenges currently facing contemporary economies.