Economic philosophy of al-Mawardi: Review of economic behaviour in Islamic economic

Jaelani, Aan (2017): Economic philosophy of al-Mawardi: Review of economic behaviour in Islamic economic. Published in: The Social Sciences , Vol. 13, No. 2 (19 January 2018): pp. 305-315.

Abstract

Economic behaviour in the study of Islamic economics is the basis for the government to portray political ethics and ethical economic functions of individuals in functioning as a member of society. Secular ethics and religious ethics, according to al-Mawardi, as the code of conduct in conducting economic practices by the government and every member of society to uphold the principle of goodness. In the context of economic behaviour, the world ethics (adab al-dunya) and the religious ethics (adab al-din) became guidelines for economic actors in conducting business activities including other forms of cooperation or other muamalah practice.

• Item Type: MPRA Paper
• Language: English
• Keywords: Philosophy of economics, behavioral economics, ethics, religion, Islamic Economic
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B3 - History of Economic Thought: Individuals > B31 - Individuals; B - History of Economic Thought, Methodology, and Heterodox Approaches > B4 - Economic Methodology > B41 - Economic Methodology; D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles; D - Microeconomics > D1 - Household Behavior and Family Economics; D - Microeconomics > D6 - Welfare Economics; H - Public Economics > H1 - Structure and Scope of Government; H - Public Economics > H5 - National Government Expenditures and Related Policies; N - Economic History > N0 - General > N01 - Development of the Discipline: Historiographical; Sources and Methods; N - Economic History > N2 - Financial Markets and Institutions > N25 - Asia including Middle East; N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy; N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy > N35 - Asia including Middle East

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