Transcript Slide 1 - Arsip UII

A Note on Islamic Economics
―... the choice of language has epistemological implications.‖ For this reason, a
plea is made for the development of a coherent, comprehensive, and systematic
economic hermeneutics as a foundational structure that would support research,
dialogue, and debate in Islamic economics, as well as in building the future edifice
of theoretical, empirical, and policy structure of this discipline. The present
generation of researchers is in a position to make an important contribution by
focusing on activities that can draw economic meanings and inferences from terms,
ideas, and concepts expounded in the sources of Islam. The hope would be that
at some point in time a collection similar to Palgrave‘s Dictionary of Economics
could be developed for Islamic economics. The momentum of these efforts
would be much accelerated if financial resources, similar to those provided to
investigations in traditional economics by major foundations, could be mobilized
in Muslim societies to support such activities.
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