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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Main Authors: Abdullah Yusof, Selamah, Mohd Amin, Ruzita
Format: Article
Language:English
Published: King Abdul Aziz University 2007
Subjects:
Online Access: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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spelling 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
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic 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
spellingShingle 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
description 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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score 13.211869