The central role of spirituality and ethics in Islamic economics and finance

Faculty / School

School of Economics and Social Sciences (SESS)

Department

Department of Social Sciences & Liberal Arts

Was this content written or created while at IBA?

Yes

Document Type

Book Chapter

Publication Date

2-2020

Author Affiliation

  • Amana Rauib is Assistant Professor at Institute of Business Administration, (IBA), Karachi
  • Bilal S. Channa is Research Assistant at Institute of Business Administration (IBA), Karachi
  • Junaid Qadir is Professor at the Information Technology University (ITU) of Punjab in Lahore

Book or Conference Proceedings Title

Handbook of Ethics of Islamic Economics and Finance

Editor(s)

Abbas Mirakhor, Zamir Iqbal, Seyed Kazem Sadr

Series

De gruyter studies in islamic economics, finance and business

Volume

5

First Page

65

Last Page

90

Publisher

De Gruyter

Place of Publication

Boston

Abstract / Description

This chapter will provide the fundamentals of the Qur'anic cosmology and the insights it brings for individuals immersed in the contemporary consumer culture. Section 2 and 3 of this chapter deal with Islamic metaphysics and ethics. In short, this chapter would serve to unpack the metaphysical, epistemological, ethical, psycho-social foundations of modern economics which require radical transformation in the light of Islamic normative principles derived from the Islamic metaphysics.

Link to Full Text

Share

COinS