The Tawhidi Methodological Worldview

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The Tawhidi Methodological Worldview

Author : Masudul Alam Choudhury
Publisher : Springer
ISBN 13 : 9811365857
Total Pages : 253 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis The Tawhidi Methodological Worldview by : Masudul Alam Choudhury

Download or read book The Tawhidi Methodological Worldview written by Masudul Alam Choudhury and published by Springer. This book was released on 2019-07-17 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops and applies the methodology of Tawhid (“monotheism”) as law and the Sunnah (the teachings of Prophet Muhammad) in the Qur’an in establishing a transdisciplinary foundation for the study of Islamic economics, finance, society, and science. It employs the Tawhidi String Relation (TSR), a new theoretical framework in contemporary Islamic sciences, in the methodological formalisation and application of the Tawhidi worldview - as the primal ontological law of monotheism. It employs a deeply Qur’anic exegesis, and a mathematical, philosophical, and socio-scientific mode of inquiry in deriving, developing, and empirically applying the Qur’anic methodology of “unity of knowledge”. It is the first book of its kind in rigorously studying the true foundation of the Qur’anic concept of ‘everything’ - as the world-system extending between the heavens and Earth. The qur’anic terminology of the precept of this “world-system” in its most comprehensive perspective is A’lameen, the terminology in the Qur’an that accounts for the generality and details of the world-systems that are governed by the method of evaluation of the objective criterion of wellbeing. Wellbeing objective criterion is evaluated subject to inter-causal relations between systemic entities, variables, and functions. The cardinal principle of Tawhid in its relationship with the world-system conveys the corporeal meaning of monotheism in its cognitive implication of abstraction and application. Such a study has not been undertaken in existing Islamic socio-scientific literature in analysing Islamic economics, finance, science, and society collectively, using Tawhidi law as a theoretical framework. This book will be relevant to all such scholars who are interested in studying the monotheistic law and the Islamic principles, particularly Tawhid, Shari’ah, and Islamic philosophical thought.

Tawhid and Shari'ah

Author : Masudul Alam Choudhury
Publisher : Springer Nature
ISBN 13 : 3030490874
Total Pages : 273 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Tawhid and Shari'ah by : Masudul Alam Choudhury

Download or read book Tawhid and Shari'ah written by Masudul Alam Choudhury and published by Springer Nature. This book was released on 2020-11-30 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book invokes the Tawhidi ontological foundation of the Qur’anic law and worldview, and is also a study of ta’wil, the esoteric meaning of Qur’anic verses. It presents a comparative analysis between the Tawhidi methodology and the contemporary subject of Shari’ah. Masudul Alam Choudhury brings about a serious criticism of the traditional understanding of Shari’ah as Islamic law contrary to the holistic socio-scientific worldview of the unity of knowledge arising from Tawhid as the law. A bold repudiation of the Islamic traditional understanding and the school of theocracy, Choudhury’s critique is in full consonance with the Qur’an and Sunnah. It is critical of the sectarian (madhab) conception of relational independence of facts. Thus the non-creative outlook of Shari’ah contrasts with universality and uniqueness of Tawhid as the analytically established law explaining the monotheistic organic unity of being and becoming in ‘everything’. This wide and strict methodological development of the Tawhidi worldview is articulated in this work. The only way that Tawhid and Shari'ah can converge as law is in terms of developing the Tawhidi methodology, purpose and objective of the universal and unique law in consonance with the ontology of Tawhid. Such a convergence in the primal ontological sense of Tawhid is termed as maqasid as-shari'ah al-Tawhid.

Meta-Science of Tawhid

Author : Masudul Alam Choudhury
Publisher : Springer
ISBN 13 : 303021558X
Total Pages : 438 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Meta-Science of Tawhid by : Masudul Alam Choudhury

Download or read book Meta-Science of Tawhid written by Masudul Alam Choudhury and published by Springer. This book was released on 2019-07-23 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the methodological foundation of Islamic thought premised on the cardinal principle of Tawhid, meaning the Oneness of God as the universal law. The consequential methodological worldview arising from the monotheistic unity of knowledge is explained as the theory of consilience, meaning unity of knowledge as the primal ontological reality leading to its epistemological and phenomenological essentials of reasoning and thereby configuring reality. Masudul Alam Choudhury presents a non-mathematical exposition of the theory and applications of Meta-Science of Tawhid, and brings out the essential monotheistic methodological worldview of science.

Tawhidi Epistemology and its Applications

Author : Masudu Alam Choudhury
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443858099
Total Pages : 470 pages
Book Rating : 4.4/5 (438 download)

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Book Synopsis Tawhidi Epistemology and its Applications by : Masudu Alam Choudhury

Download or read book Tawhidi Epistemology and its Applications written by Masudu Alam Choudhury and published by Cambridge Scholars Publishing. This book was released on 2014-03-17 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This journal has been discontinued. Any issues are available to purchase separately.

Methodological Dimension Of Islamic Economics

Author : Masudul Alam Choudhury
Publisher : World Scientific
ISBN 13 : 9813276037
Total Pages : 370 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis Methodological Dimension Of Islamic Economics by : Masudul Alam Choudhury

Download or read book Methodological Dimension Of Islamic Economics written by Masudul Alam Choudhury and published by World Scientific. This book was released on 2019-01-07 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theme of circular causation has nascent origin in the field of sociology of economics with vast development applications and with epistemological issues on modeling in the framework of the phenomenon of pervasive interconnectedness. Thus the sociological theme of epistemic unity of knowledge grounds the theory and application of the theory and models of circular causation to the vast realm of socioeconomic development issues.The theory and application of circular causation has methodological similarities with Gunnar Myrdal's theory of social causation and Joseph Schumpeter's and Hayek's learning models of evolutionary phenomena. One can re-engineer many important works by sociological economists in and by the methodology of circular causation. Among these other important works are capabilities and functioning by Amartya Sen; John Rawls' evolutionary good society aspiring for social justice; adaptation of Ilya Prigogine's theory of being and becoming to social, economic and development phenomenon; and George Soros' theory of reflexivity in history and financial markets. The proponent of this book has pioneered the area of theory and application of circular causation extensively.

Handbook of Islamic Philosophy of Science

Author : Masudul Alam Choudhury
Publisher : Springer Nature
ISBN 13 : 981995634X
Total Pages : 1149 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Handbook of Islamic Philosophy of Science by : Masudul Alam Choudhury

Download or read book Handbook of Islamic Philosophy of Science written by Masudul Alam Choudhury and published by Springer Nature. This book was released on with total page 1149 pages. Available in PDF, EPUB and Kindle. Book excerpt:

God-Conscious Organization and the Islamic Social Economy

Author : Masudul Alam Choudhury
Publisher : Routledge
ISBN 13 : 1317126378
Total Pages : 311 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis God-Conscious Organization and the Islamic Social Economy by : Masudul Alam Choudhury

Download or read book God-Conscious Organization and the Islamic Social Economy written by Masudul Alam Choudhury and published by Routledge. This book was released on 2016-08-05 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Handbook of Analytical Studies in Islamic Finance and Economics

Author : Zamir Iqbal
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110585170
Total Pages : 575 pages
Book Rating : 4.1/5 (15 download)

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Book Synopsis Handbook of Analytical Studies in Islamic Finance and Economics by : Zamir Iqbal

Download or read book Handbook of Analytical Studies in Islamic Finance and Economics written by Zamir Iqbal and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-10 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook offers a unique and original collection of analytical studies in Islamic economics and finance, and constitutes a humble addition to the literature on new economic thinking and global finance. The growing risks stemming from higher debt, slower growth, and limited room for policy maneuver raise concerns about the ability and propensity of modern economies to find effective solutions to chronic problems. It is important to understand the structural roots of inherent imbalance, persistence-in-error patterns, policy and governance failures, as well as moral and ethical failures. Admittedly, finance and economics have their own failures, with abstract theory bearing little relation with the real economy, uncertainties and vicissitudes of economic life. Economic research has certainly become more empirical despite, or perhaps because of, the lack of guidance from theory. The analytics of Islamic economics and finance may not differ from standard frameworks, methods, and techniques used in conventional economics, but may offer new perspectives on the making of financial crises, nature of credit cycles, roots of financial system instability, and determinants of income disparities. The focus is placed on the logical coherence of Islamic economics and finance, properties of Islamic capital markets, workings of Islamic banking, pricing of Islamic financial instruments, and limits of debt financing, fiscal stimulus and conventional monetary policies, inter alia. Readers with investment, regulatory, and academic interests will find the body of analytical evidence to span many areas of economic inquiry, refuting thereby the false argument that given its religious tenets, Islamic economics is intrinsically narrative, descriptive and not amenable to testable implications. Thus, the handbook may contribute toward a redefinition of a dismal science in search for an elusive balance between rationality, ethics and morality, and toward a remodeling of economies based on risk sharing and prosperity for all humanity

Islamic Financial Economy and Islamic Banking

Author : Masudul Alam Choudhury
Publisher : Routledge
ISBN 13 : 131711230X
Total Pages : 275 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Islamic Financial Economy and Islamic Banking by : Masudul Alam Choudhury

Download or read book Islamic Financial Economy and Islamic Banking written by Masudul Alam Choudhury and published by Routledge. This book was released on 2016-06-10 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Universal Paradigm and the Islamic World-System

Author : Masudul Alam Choudhury
Publisher : World Scientific
ISBN 13 : 9812790837
Total Pages : 184 pages
Book Rating : 4.8/5 (127 download)

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Book Synopsis The Universal Paradigm and the Islamic World-System by : Masudul Alam Choudhury

Download or read book The Universal Paradigm and the Islamic World-System written by Masudul Alam Choudhury and published by World Scientific. This book was released on 2007 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional calculus is too hard and too complex. Students are forced to learn too many theorems and proofs. In "Free Calculus", the author suggests a direct approach to the two fundamental concepts of calculus - differentiation and integration - using two inequalities. Regular calculus is condensed into a single concise chapter. This makes the teaching of physics in step with the calculus teaching.

Methodology of Islamic Economics

Author : Necmettin Kizilkaya
Publisher : Routledge
ISBN 13 : 1000732444
Total Pages : 310 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Methodology of Islamic Economics by : Necmettin Kizilkaya

Download or read book Methodology of Islamic Economics written by Necmettin Kizilkaya and published by Routledge. This book was released on 2019-11-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its pursuit to equip the reader with a basic knowledge of Islamic economics, this book divulges the micro-foundations of the discipline, and highlights the predominant schools of thought that exist in the field. It explains, in simple terms, what Islamic economics entails and how it can be studied as a science in relation to the Holy Quran, the Sunnah and the Islamic intellectual tradition based on these two sources. The book familiarizes the reader with knowledge of the basic maxims of the discipline. It then establishes the arguments that are presented by the proponents of religion-based economics, specifically Islam, and apprises readers about the aforementioned schools as they exist. A number of chapters consider the dimension of the dilemmas the discipline is facing, and the chronological progress of the field is reviewed, hence providing a comprehensive overview of the topic. The book deals with the issues about the origins of Islamic economics, the basic methodological questions, the use of the opportunities offered by fiqh in the methodological discussions and the main problems arising from the encounter with other cultures and civilizations. It offers practical solutions, despite the differing schools of thought, not unlike the development of conventional Economics where radical differences between Keynesian, Classical and Monetarist approaches existed. It concludes by incorporating some of the finest works that explain to the reader how Islamic economics may progress as a discipline. This guide will provide both students and researchers in Comparative Economic Studies, Islamic Economics and Islamic Finance with an essential overview of the field.

Social Justice and Islamic Economics

Author : Toseef Azid
Publisher : Routledge
ISBN 13 : 1351364553
Total Pages : 210 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Social Justice and Islamic Economics by : Toseef Azid

Download or read book Social Justice and Islamic Economics written by Toseef Azid and published by Routledge. This book was released on 2019-02-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under the rule of the current economic order, social injustice is ever-increasing. Issues such as poverty, inhumane working conditions, inadequate wages, social insecurity and an unhealthy labor market continue to persist. Many states are also unable to produce policies capable of resolving these problems. The characteristics of the capitalist system currently render it unable to provide social justice. In fact, on the contrary, the system reinforces these injustices and prevents economic and social welfare from reaching the masses. Many Muslim scholars have analyzed and, indeed, criticized this system for years. This book argues that an alternative and more equitable theoretical and practical economical order can been developed within the framework of Islamic principles. On the other hand, the experiences of societies under the rule of Muslim governments do not always seem to hold great promise for an alternative understanding of social justice. In addition, the behaviors of Muslim individuals within their economic lives are mostly shaped by the necessities of daily economic conditions rather than by the tenets of Islam that stand with social justice. Until 1990s, studies of Islamic economics made connections between finance and the notion of social justice, but work conducted more recently has neglected this issue. It is therefore evident that the topic of social justice needs to be revisited in a more in-depth manner. Filling an important gap in existing literature, the book uniquely connects social justice and Islamic finance and economics on this topic. Theory, practice and key issues are presented simultaneously throughout this book, which is based on the writings of a number of eminent scholars.

Heterodox Islamic Economics

Author : Masudul Alam Choudhury
Publisher : Routledge
ISBN 13 : 1317336259
Total Pages : 199 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Heterodox Islamic Economics by : Masudul Alam Choudhury

Download or read book Heterodox Islamic Economics written by Masudul Alam Choudhury and published by Routledge. This book was released on 2016-07-28 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fields of morality and ethics have been left out significantly from socio-scientific study in general and in economics and finance in particular. Yet this book argues that in this age of post-modernist analytical inquiry, the study of morality and ethics is an epistemological requirement. This book illustrates the delimiting nature of mainstream economic reasoning in treating morality and ethics and highlights the potential contribution of analytical monotheism, as typified by the Islamic concept of Tahwid. The principal purpose of this book is to undertake an introductory exploration of the critical area of comparative economic thought in order to place the nature and emergence of ethico-economic theory in its proper context. It is ultimately argued that such a post-orthodoxy revolutionary methodological worldview can be presented by Islamic political economy, Islamic economics and finance.

The Growth of Islamic Finance and Banking

Author : Hussain Mohi-ud-Din Qadri
Publisher : Routledge
ISBN 13 : 0429557507
Total Pages : 393 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis The Growth of Islamic Finance and Banking by : Hussain Mohi-ud-Din Qadri

Download or read book The Growth of Islamic Finance and Banking written by Hussain Mohi-ud-Din Qadri and published by Routledge. This book was released on 2019-08-23 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the recent literature concerning Islamic banking and finance (IBF), focuses on the history of IBF since its inception and introduces the latest innovative concepts and practices in the field. The authors cover important topics such as the role of ownership, Shari`ah compliance and governance structures in raising debt capital using IBF practices, including Fatwa issues and the use of benchmarking practices. The book also addresses topics like archival data, the influence of leverage on ownership structure, and sukuk structures, as well as misconceptions, threats, challenges and opportunities in IBF. Finally, the book deals with prominent issues such as business score-carding, Takāful (Islamic Insurance), IBF implications for block-chain-based fintech and finance hub concepts in Islamic microfinance models. This edited volume is an important contribution to the IBF literature as it provides a much-needed in-depth look into industry practices through the perspective of corporate finance and governance. With its interdisciplinary approach covering legal and financial issues along with a wide variety of notable contributors, this book will be a valuable reference guide to both teachers and students of Islamic banking and economics.

Islamic Social Finance

Author : Valentino Cattelan
Publisher : Routledge
ISBN 13 : 1351987437
Total Pages : 335 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Islamic Social Finance by : Valentino Cattelan

Download or read book Islamic Social Finance written by Valentino Cattelan and published by Routledge. This book was released on 2018-08-06 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current dynamics of world economy show remarkable changes in the socio-economics of credit provision and entrepreneurship. If the emergence of the sharing economy is fostering innovative models of collaborative agency, networking and venture business, economic actors are also looking for a more sustainable development, able to foster profitability as well as community welfare. This book investigates Islamic social finance as a paramount example of this economy under change, where the balance between economic efficiency and social impact is contributing to the transformation of the market from an exchange- to a community-oriented institution. The collected essays analyse the social dimension of entrepreneurship from an Islamic perspective, highlighting the extent to which the rationales of "sharing," distribution and cooperation, affect the conceptualization of the market in Islam as a place of "shared prosperity." Moving from the conceptual "roots" of this paradigm to its operative "branches," the contributing authors also connect the most recent trends in the financial market to Shari‘ah-based strategies for community welfare, hence exploring the applications of Islamic social finance from the sharing economy, FinTech and crowdfunding to microcredit, waqf, zakat, sukuk and green investments. An illuminating reference for researchers, practitioners and policy-makers dealing with the challenges of a global market where not only is diversity being perceived as a value to be fostered, but also as an important opportunity for a more inclusive economy for everybody.

Handbook of Research on Theory and Practice of Global Islamic Finance

Author : Rafay, Abdul
Publisher : IGI Global
ISBN 13 : 1799802205
Total Pages : 888 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Handbook of Research on Theory and Practice of Global Islamic Finance by : Rafay, Abdul

Download or read book Handbook of Research on Theory and Practice of Global Islamic Finance written by Rafay, Abdul and published by IGI Global. This book was released on 2019-12-27 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an emerging global phenomenon, Islamic economics and the financial system has expanded exponentially in recent decades. Many components of the industry are still unknown, but hopefully, the lack of awareness will soon be stilled. The Handbook of Research on Theory and Practice of Global Islamic Finance provides emerging research on the latest global Islamic economic practices. The content within this publication examines risk management, economic justice, and stock market analysis. It is designed for financiers, banking professionals, economists, policymakers, researchers, academicians, and students interested in ideas centered on the development and practice of Islamic finance.

Contemporary Issues in Islamic Social Finance

Author : Hussain Mohi-ud-Din Qadri
Publisher : Routledge
ISBN 13 : 100042622X
Total Pages : 389 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Contemporary Issues in Islamic Social Finance by : Hussain Mohi-ud-Din Qadri

Download or read book Contemporary Issues in Islamic Social Finance written by Hussain Mohi-ud-Din Qadri and published by Routledge. This book was released on 2021-08-11 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of Islamic banking and finance (IBF) previously centred around three regions of the world: the Middle East, Southeast Asia, and South Asia. However, in recent years, this has expanded, as interest in IBF has gained momentum in Australia, the USA, and Europe, especially in the UK. Several Western market players have established their own Islamic window or subsidiaries to cater to the need of growing Muslim populations in these regions. This book examines the recent developments in IBF, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, halal education, takaful, mutual funds, and waqf. It covers the religiosity, spirituality, and tawhid index, which promotes social well-being and empowerment. The book is interdisciplinary, and theories, practice, and key issues are presented simultaneously, introducing new ideas and techniques to the IBF community. Moreover, the book examines topics such as innovation in Islamic social finance instruments, advanced techniques of risk mitigation in Islamic capital markets, marketing and the halal industry, and shari’ah-compliant instruments, which are critical to Islamic finance. The book is an essential reference text for academics and research students at the master’s and doctorate levels in IBF.