ISB551
CHAPTER 4
THEORY BUILDING IN ISLAM
ECONOMICS
, LEARNING OURCOMES
Recognise multiple sources of knowledge
in Islamic epistemology which can be
relied upon in building the Islamic
economic theories
Understand the approaches and
processes for theory building in Islamic
economics
Explain the purpose of theory building in
Islamic economics and its differences
from the conventional economic
methodology
Know the criteria of acceptance or
rejection of a theory in Islamic economics
2
CHAPTER 4
THEORY BUILDING IN ISLAM
ECONOMICS
, LEARNING OURCOMES
Recognise multiple sources of knowledge
in Islamic epistemology which can be
relied upon in building the Islamic
economic theories
Understand the approaches and
processes for theory building in Islamic
economics
Explain the purpose of theory building in
Islamic economics and its differences
from the conventional economic
methodology
Know the criteria of acceptance or
rejection of a theory in Islamic economics
2
