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http://hdl.handle.net/10419/19253
  

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dc.contributor.authorShams, Rasulen_US
dc.date.accessioned2009-01-28T15:56:49Z-
dc.date.available2009-01-28T15:56:49Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/19253-
dc.description.abstractThis paper presents a critical assessment of the widely discussed concept of Islamic Economics. The two different interpretations of Islamic economics as the study of the functioning of an interest-free economy and the validity of moral values in the economy are discussed. It is shown that none of these interpretations can help to create an acceptable foundation for an Islamic economics. Far away from laying the foundation for such an economics the question is raised how an Islamic economy would function, based on the Islamic principle of controlling the Nafs. Microeconomics and macroeconomics of such an economy are analysed and its special features are compared to an economy functioning on the basis of laws devised by the conventional economic analysis.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesHWWA Discussion Paper 281en_US
dc.subject.jelP50en_US
dc.subject.jelE24en_US
dc.subject.jelD10en_US
dc.subject.ddc330en_US
dc.subject.keywordhousehold behaviouren_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordmoral valuesen_US
dc.subject.keywordIslamic economyen_US
dc.subject.stwIslamen_US
dc.subject.stwWirtschaftswissenschaften_US
dc.subject.stwKritiken_US
dc.subject.stwTheorieen_US
dc.subject.stwNafsen_US
dc.titleA Critical Assessment of Islamic Economicsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn391290630en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26295-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

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