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2024 | OriginalPaper | Chapter

10. Economics and the Knowledge Crisis

Author : Samir Alamad

Published in: Beyond Profit

Publisher: Springer Nature Switzerland

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Abstract

This chapter offers a path forward for resolving the crisis in Islamic economics. It advocates for rejecting the uncritical acceptance of conventional economic ideas and, instead, developing a genuine Islamic economic theory firmly grounded in Islamic principles and values. By embracing this approach, Islamic economics can provide a distinct and valuable contribution to the field of economics, offering practical solutions that align with the aspirations of Muslim societies. This chapter serves as a beacon of hope for the future of Islamic economics.

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Footnotes
1
The concepts of Awqaf and historical Islamic practices are well documented in various Islamic literature, including religious texts and historical accounts. However, specific citations for this section are not provided in the original response.
 
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Metadata
Title
Economics and the Knowledge Crisis
Author
Samir Alamad
Copyright Year
2024
DOI
https://doi.org/10.1007/978-3-031-49748-3_10

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