The Making of Islamic Economic Thought

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.