The Islamic economic system: cultural context in a global economy

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dc.contributor.authorAwais, Muhammad
dc.contributor.authorÖztürk, Ali Osman
dc.contributor.authorBhatti, Omar Khalid
dc.contributor.authorEllahi, Nazima
dc.date.accessioned2025-07-04T13:39:53Z
dc.date.available2025-07-04T13:39:53Z
dc.date.issued2024
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, İşletme Bölümü
dc.description.abstractIslamic Economics refers to financial aspects or monetary activities and processes, which adhere to Islamic standards and teachings. The Islamic Economic System relates to the hypothetical development of an economy whose individuals follow the Islamic faith. This book presents an interesting and timely narrative of the concepts of Islamic economics in the context of Islamic culture. Its purpose is to guide individuals and organizations towards a Shariah-based Islamic Economic System. It begins by introducing the Islamic Economic System; its historical origins are explained in the framework of the verses of the Holy Quran, and in light of the Shariah scholars and the philosophical thinkers of the mid-20th century. It discusses concepts such as the evolution of Islamic Fintech and Artificial Intelligence (AI); the relationship between Islamic corporate governance and Islamic Economics; the distribution of wealth in Islam; Islamic Social Finance; Islamic Economic practices in the banking industry, behavioural norms and moral foundations; and Islamic Economics in Organisation of Islamic Cooperation (OIC) and non-OIC countries. The author emphasizes the principles that set Islamic economics apart from traditional systems, grounded in Shariah evidence and highlights the role of Islamic principles in promoting overall business success and ethical practices in the banking industry, offering comparative analysis between Islamic and conventional models, as well as economic systems. Drawing on a rich array of sources, including the Quran and interviews with renowned religious scholars, the book provides a well-rounded and thoroughly researched argument. This book will serve as a valuable resource for academics, scholars, researchers, and organizations seeking to navigate the complexities of an interest-free economic system guided by Islamic principles.
dc.identifier.citationAwais, M., Öztürk, A. O., Bhatti, O. K. ve Ellahi, N. (2024). The Islamic economic system: cultural context in a global economy. Taylor and Francis. http://dx.doi.org/10.4324/9781003484349
dc.identifier.doi10.4324/9781003484349
dc.identifier.endpage176
dc.identifier.isbn9781040111642
dc.identifier.isbn9781032776866
dc.identifier.scopus2-s2.0-85204637849
dc.identifier.startpage1
dc.identifier.urihttp://dx.doi.org/10.4324/9781003484349
dc.identifier.urihttps://hdl.handle.net/20.500.12511/13005
dc.indekslendigikaynakScopus
dc.institutionauthorBhatti, Omar Khalid
dc.institutionauthorid0000-0002-2409-6532
dc.language.isoen
dc.publisherTaylor and Francis
dc.relation.publicationcategoryKitap - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectIslamic Economics
dc.subjectIslamic Fintech and Artificial Intelligence
dc.subjectIslamic Cooperation
dc.titleThe Islamic economic system: cultural context in a global economy
dc.typeBook

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