Proceedings of 6th FIRST T3 2022 International Conference (FIRST-SS 2022)

Introduction to Islamic Economic Methodology

Authors
Ugi Suharto1, *
1University of Buraimi, Al-Buraimi, Oman
*Corresponding author. Email: usuharto@ahlia.edu.bh
Corresponding Author
Ugi Suharto
Available Online 31 July 2023.
DOI
10.2991/978-2-38476-026-8_21How to use a DOI?
Keywords
Islamic Economic; Conflict
Abstract

This paper suggests that in the process of Islamization of economics, three methods namely ‘negation’, ‘integration’, and ‘value addition’ can be applied simultaneously to the existing body of conventional economics. What is inherently in conflict with Islamic worldview must be rejected and negated. Likewise, what is in line with it must be accepted and integrated into Islamic economics. Moreover, Islamic economics must also give new contributions to this conventional science by adding more universal Islamic values acceptable to humanity. Then what to negate, integrate, and value add, is to be guided by the Islamic worldview, which is a prerequisite for Islamization of knowledge.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of 6th FIRST T3 2022 International Conference (FIRST-SS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 July 2023
ISBN
978-2-38476-026-8
ISSN
2352-5398
DOI
10.2991/978-2-38476-026-8_21How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Ugi Suharto
PY  - 2023
DA  - 2023/07/31
TI  - Introduction to Islamic Economic Methodology
BT  - Proceedings of 6th FIRST T3 2022 International Conference (FIRST-SS 2022)
PB  - Atlantis Press
SP  - 181
EP  - 195
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-026-8_21
DO  - 10.2991/978-2-38476-026-8_21
ID  - Suharto2023
ER  -