Artikel

Methodology of integrated knowledge in Islamic economics and finance: collective ijtihād

Purpose: The purpose of this paper is to discuss the methodology of integrated knowledge in Islamic economics and finance and seek to offer collective ijtihād as one way to find solutions to the existing problems in the field. Design/methodology/approach The study is based on the idea of multidisciplinarity or interdisciplinarity, which uses not only traditional sources of Islam and economics, such as uṣūl al-fiqh, fiqh mu'amalat, econometrics, statistics, microeconomics and macroeconomics but also looks into behavioural and natural sciences for inspiration and solutions. This paper is constructed using the methodology of 'the two readings', as promoted by the International Institute of Islamic Thought, and which combines the revealed and the existential sciences. Findings This paper proposes the collaborative multidisciplinary methodology as the main approach to studying the modern problems and challenges, as well as for finding solutions in the fields of Islamic economics and finance. Practical implications Studying and researching issues, particularly in the field of Islamic economics and finance, from an interdisciplinary perspective, effectively broadens practical applications and possibilities in Islamic finance. Originality/value This paper contributes to social sciences, especially the field of Islamic finance, and calls upon researchers to engage in multidisciplinary studies.

Language
Englisch

Bibliographic citation
Journal: ISRA International Journal of Islamic Finance ; ISSN: 2289-4365 ; Volume: 12 ; Year: 2020 ; Issue: 1 ; Pages: 115-129 ; Bingley: Emerald

Classification
Wirtschaft
Subject
Islamicfinance
Methodology
Sharī’ah
Islamic economics
Multidisciplinarity
Integrated knowledge
Islam
Ijtihad
Interdisciplinary
Islamic economics and finance
Maqaid al-Sharīʿah

Event
Geistige Schöpfung
(who)
Rafikov, Ildus
Akhmetova, Elmira
Event
Veröffentlichung
(who)
Emerald
(where)
Bingley
(when)
2020

DOI
doi:10.1108/IJIF-02-2019-0034
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
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Object type

  • Artikel

Associated

  • Rafikov, Ildus
  • Akhmetova, Elmira
  • Emerald

Time of origin

  • 2020

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