Skip to main content
Book cover

Islamic Economics as Mesoscience

A New Paradigm of Knowledge

  • Book
  • © 2020

Overview

  • Authored by a pre-eminent author who challenges the assumption that Western economics is secure and that Islamic economics and finance are an integral part of Western economics
  • Presents an essentially new paradigm of thinking and understanding reality in Islamic philosophy
  • Critiques the failure of Shari’ah economics and of traditional Islamic economics and finance to develop a truly modern, efficacious economics capable of solving world problems

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (11 chapters)

Keywords

About this book

This book presents the building blocks of Islamic economics as meso-science, offering an in-depth study of the Qur’anic worldview of the monotheistic unity of knowledge, which is the universal and unique message of Tawhid in the Qur’an. This primal ontological premise is formalised in an analytical approach that introduces and unpacks the philosophical concepts of ontology, epistemology, and phenomenology in relation to the Tawhidi methodological worldview. The analysis of Qur’anic logical consistency is then cast in a phenomenological perspective by applying the complete model of the unity of knowledge of the Qur’an in a specific study of the Tawhidi methodological approach to Islamic financial-economic theory. In doing so, it tackles the problems of meso-economics given its socio-scientific holism in world affairs. It hones in on the results of the symbiotic modulation of evolutionary learning processes in the world system of the unity of knowledge and its material embedding across knowledge, and knowledge-induced space and time dimensions. The author poses that Shari’ah is only partial in its scope, and excludes an analytical methodological worldview. Shari’ah is thus cast in the midst of a meso-socio-scientific absence of any appertaining methodology. The book is a landmark work in the conceptual and applied understanding of Tawhid as the methodological worldview of the monotheistic unity of knowledge in the meso-socio-scientific realm of ‘everything’, particularised to Islamic economics. Adopting an inter-disciplinary view integrating various fields, it challenges pervasive Western academic and institutional thinking in terms of economics. It will be of interest to students and researchers in Islamic economics, religious theory, Islamic philosophy, development studies, and finance. 

Authors and Affiliations

  • Postgraduate Program in Islamic Economics & Finance, Trisakti University, Jakarta, Indonesia

    Masudul Alam Choudhury

About the author

Professor Masudul Alam Choudhury is one of a handful of academic scholars in the field of Islamic studies with a focus on Islamic economics and finance. His work has been highly recognised in both Western and Muslim academic circles. Professor Choudhury obtained his Ph.D. in the field of Human Capital Theory and Economic Growth from the University of Toronto. He is the first academic in his field to address the original methodology of Tawhid as ontological law in the development of a Theory of Meta-Science. Professor Choudhury is the International Chair in the Postgraduate Program in Islamic Economics and Finance at Trisakti University in Jakarta, Indonesia. He teaches and supervises doctoral students, and researches and publishes in the areas of Islamic socio-scientific methodology, shari’ah and economics, and policy-theoretic applications using these foundational areas of Islamic studies. He is a regular Summer Visiting Professor in the Social Economy Center of the Ontario Institutefor Studies in Education, University of Toronto.

Bibliographic Information

  • Book Title: Islamic Economics as Mesoscience

  • Book Subtitle: A New Paradigm of Knowledge

  • Authors: Masudul Alam Choudhury

  • DOI: https://doi.org/10.1007/978-981-15-6054-5

  • Publisher: Springer Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2020

  • Hardcover ISBN: 978-981-15-6053-8Published: 25 November 2020

  • Softcover ISBN: 978-981-15-6056-9Published: 25 November 2021

  • eBook ISBN: 978-981-15-6054-5Published: 24 November 2020

  • Edition Number: 1

  • Number of Pages: XXV, 230

  • Number of Illustrations: 9 b/w illustrations, 21 illustrations in colour

  • Topics: Cultural Economics, Islamic Finance, Philosophy of Religion, Ethics, Development Economics

Publish with us