The Making of Islamic Economic Thought

Islamization, Law, and Moral Discourses

Sami Al-Daghistani

• Publisher: Cambridge University Press
• Year: 2022
• Print ISBN: 9781108845755
• eBook ISBN: 9781108997744
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

Interrogating the development and conceptual framework of economic thought in the Islamic tradition pertaining to ethical, philosophical, and theological ideas, this book provides a critique of modern Islamic economics as a hybrid economic system. From the outset, Sami Al-Daghistani is concerned with the polyvalent methodology of studying the phenomenon of Islamic economic thought as a human science in that it nurtures a complex plentitude of meanings and interpretations associated with the moral self. By studying legal scholars, theologians, and Sufis in the classical period, Al-Daghistani looks at economic thought in the context of Shar?'a's moral law. Alongside critiquing modern developments of Islamic economics, he puts forward an idea for a plural epistemology of Islam's moral economy, which advocates for a multifaceted hermeneutical reading of the subject in light of a moral law, embedded in a particular cosmology of human relationality, metaphysical intelligibility, and economic subjectivity.

Table of contents

• Cover
• Half-title page
• Title page
• Copyright page
• Contents
• List of Figures
• Acknowledgments
• Introduction
• 1 The Force of Revivalism and Islamization: Their Impact on Knowledge, Politics, and Islamic Economics
• 2 The Present: Muslim Economists and the Constellation of Islamic Economics
• 3 The Past Perfect: Sharīʿa and the Intellectual History of Islamic Economic Teachings
• 4 The Appraisal: Contemporary Islamic Economics and the Entrenchment of Modernity
• 5 Pluralistic Epistemology of Islam’s Moral Economics
• Conclusion: Moral over Legal, Pluralistic over Monolithic
• Appendix
• Bibliography
• Index