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Class notes ISB 551 Islamic Economics: Principles and Analysis (Topic 2)

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Good luck in Islamic Economic (ISB 551) Love from student ISBA new syllabus

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TOPIC 2
ISLAMIC WORLD
TOPIC 2 VIEW
AND ISLAMIC
INTRODUCTION TO ISLAMIC
ECONOMICS
WORLDVIEW
Textbook- 3

, LEARNING OUTCOMES

At the end of the lessons, students
should be able:
Compare
between
Understand
Understand basic
the
the economic
meaning Explain the
relationship thinking in
and Islamic
between Islamic
concept of worldview
religion and economics
the
economics and
worldview
convention
al

, RELIGION AND ECONOMICS
 Religionas an institution is inseparable from
economics as a science
 Religion – spiritual aspects of humankind
 Religion and economics share an interrelationship
that is facilitated by interconnectivity at various level
 Religiousand economic life should interact in a way
that shape our behavior and our everyday
interactions and activities
 Microlevel – degree of religiosity is one of the
determinants of demand and supply of a particular
market
 Macro level – religiosity will also guide public choice
and government policy in matters of material welfare
in society.

Connected book
 image
Moutaz Abojeib, Muhammad Anas Zarka, Muhammad Fahim Khan, Muhammad Irwan Ariffin, Muhammad Syukri Salleh, Rifki Ismal, Rokiah Alavi, Ruzita Mohd Amin, Saiful Azhar Rosly, Selamah Abdullah Yusof, Ugi Suharto, Zubair Hasan, Adam Abdullah, Adam Ng, Akhmad Af Islamic Economics: Principles and Analysis
Publisher: 2018 ISBN: 9789671656815 Edition: Unknown

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Uploaded on
August 31, 2024
Number of pages
24
Written in
2024/2025
Type
Class notes
Professor(s)
Rahim
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