Munich Personal RePEc Archive

Alarming rise in predatory publishing and its consequences for Islamic economics and finance education

Hasan, Zubair (2018): Alarming rise in predatory publishing and its consequences for Islamic economics and finance education. Forthcoming in: ISRA International Journal of Islamic Finance , Vol. 10, No. 1 (June 2018)

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Abstract

Purpose ― The aim of the study is to explore the causes and impact of predatory online publishing on Islamic economics and finance.

Design/methodology/approach ― The method adopted involves a library literature scan to identify the origin and expansion of predatory publishing, as references listed in the paper show. The personal experience and observation of the author over the decades of teaching at various universities endorses the evidence.

Findings ― The focus on “publish or perish” has led to a division of Islamic scholars into puritans and modern economists. It has also caused the overuse of mathematical and parametric modeling to the disadvantage of the discipline, which is essentially imbued with unquantifiable ethical norms and values.

Practical implications ― The study seeks to induce fruitful and purposive change in the research designs and direction of Islamic economics and finance.

Originality/value ― This research initiates discussion on predatory publishing, an issue so far untouched in the field of Islamic economics and finance. It explores the impact of the affliction on the discipline and suggests ways to curb the malady.

Paper type Research paper

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