بسم الله الرحمن الرحيم
In the name of Allah, the Most Gracious, the Most Merciful

Global ethics in the light of Islamic Political
Economy<http://www.iefpedia.com/english/wp-content/uploads/2010/01/Global-ethics-in-the-light-of-Islamic-Political-Economy.pdf>
 Masudul Alam Choudhury
Department of Economics
College of Commerce and Economics
Sultan Qaboos University and Trisakti University
Jakarta, Indonesia
E-mail: [email protected]
Abstract:
A theory of Islamic Political Economy is deduced from the Qur’an. Islamic
Political Economy is shown to be an interactive, integrative
and evolutionary system that endogenously combines moral attributes
with knowledge formation. All of these are premised on the Episteme of
the Oneness of God, bringing out its epistemological role in the
construction of relations in world-systems. The attributes of knowledge
formation in Islamic Political Economy are particularised to Mercy and
Forgiveness combining together into Love, Justice, Fairness and Compassion.
These attributes are taken as the elements of global ethics in the light of
Islamic Political Economy.
The emphasis in this paper is on the broad conceptual picture while leaving
out the details of specific issues of Islamic Political Economy that
confront social issues. Only the participatory nature of the emergent
Political Economy is highlighted. A scientific conceptualisation of the role
of the given attributes underlying the episteme of the unity of divine
knowledge and how they can construct a knowledge-centred world-system out of
perpetual learning on the basis of the episteme is examined. The
‘universality’ proof of Islamic Political Economy is made to rely on its
consistency, completeness and analytical reasoning.
Keywords: Islam; political economy; epistemology; ethics; embedded
learning systems; global order.

from the iefpedia http://www.iefpedia.com/


والحمد لله الذي بنعمته تتم الصالحات
Wa Al’hamdulil’laahi Allathee bini'amatihi tatimmu As-salihaat
praise is to be to Allah Who by His blessings all good things are perfected


Thank You;

Iman Sameer Al-Bage, MA (Pending) in Islamic Economics
Da’awa University Institute for Islamic Studies
Website: http://kantakji.com/elearn_center/islamic.htm
Email: [email protected]

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