A Survey on the objective of the firm and models of producer behavior in the Islamic framework
This paper presents a review of related works that have been written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respecti...
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King Abdul Aziz University
2007
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my.iium.irep.33602011-10-10T07:56:14Z http://irep.iium.edu.my/3360/ A Survey on the objective of the firm and models of producer behavior in the Islamic framework Abdullah Yusof, Selamah Mohd Amin, Ruzita BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship This paper presents a review of related works that have been written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respectively is provided. Several studies that provide mathematical models to explain the producer behavior are further examined in a separate section. Our analysis finds that, in general, the arguments provided in justifying the objective of the firm as found in the various studies have the Islamic framework in mind. The theoretical models that have been developed can be used as a basis to formulate a more comprehensive model on Islamic producer behavior that provides more rigor and robustness to the analysis. King Abdul Aziz University 2007 Article REM application/pdf en http://irep.iium.edu.my/3360/1/jkaau_20-2_Salamah_06.pdf Abdullah Yusof, Selamah and Mohd Amin, Ruzita (2007) A Survey on the objective of the firm and models of producer behavior in the Islamic framework. J.KAU: Islamic Econ, 20 (2). pp. 3-16. http://islamiccenter.kau.edu.sa/english/Journal/Issues/List.htm |
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BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship |
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BJ1188 Religious ethics BL Religion BP173.75 Islam and economics HB131 Methodology.Mathematical economics. Quantitative methods HB201 Value. Utility HB221 Price HB238 Competition. Production. Wealth HB522 Income. Factor shares.Interest.Profit.Entrepreneurship Abdullah Yusof, Selamah Mohd Amin, Ruzita A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
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This paper presents a review of related works that have been
written over the years on the objective of the firm from the Islamic perspective. For the purpose of analysis, a general framework on proper economic conduct and objective of economic order as discussed by al-Ghazali and Maududi, respectively is provided. Several studies that provide mathematical models to explain the producer behavior are
further examined in a separate section. Our analysis finds that, in general, the arguments provided in justifying the objective of the firm as found in the various studies have the Islamic framework in mind. The theoretical models that have been developed can be used as a basis to formulate a more comprehensive model on Islamic producer behavior that provides more rigor and robustness to the analysis. |
format |
Article |
author |
Abdullah Yusof, Selamah Mohd Amin, Ruzita |
author_facet |
Abdullah Yusof, Selamah Mohd Amin, Ruzita |
author_sort |
Abdullah Yusof, Selamah |
title |
A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
title_short |
A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
title_full |
A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
title_fullStr |
A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
title_full_unstemmed |
A Survey on the objective of the firm and models of producer behavior in the Islamic framework |
title_sort |
survey on the objective of the firm and models of producer behavior in the islamic framework |
publisher |
King Abdul Aziz University |
publishDate |
2007 |
url |
http://irep.iium.edu.my/3360/1/jkaau_20-2_Salamah_06.pdf http://irep.iium.edu.my/3360/ http://islamiccenter.kau.edu.sa/english/Journal/Issues/List.htm |
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1643605128204255232 |
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13.211869 |