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Methods and methodologies in Fiqh and Islamic economics

This paper discusses the methodology and methods of reasoning in fiqh and critically examines their application to Islamic economics. It argues that fiqh methods are mainly designed to find out whether a certain act is permissible or prohibited for an individual. Islamic economics, on the other hand...

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Main Author: Saleem, Muhammad Yusuf
Format: Article
Language:English
Published: International Association for Islamic Economics 2010
Online Access:http://irep.iium.edu.my/450/1/RIE-2010-14-1-SALEEM-METHODS_AND_METHODOLOGIS_IN_FIQH_AND_ISLAMIC_ECONOMICS.pdf
http://irep.iium.edu.my/450/
http://islamiccenter.kau.edu.sa/7iecon/English/Englisg%20Papers/%5B21%5D%20M.Yusuf%20Saleem.pdf
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spelling my.iium.irep.4502011-06-17T07:45:44Z http://irep.iium.edu.my/450/ Methods and methodologies in Fiqh and Islamic economics Saleem, Muhammad Yusuf This paper discusses the methodology and methods of reasoning in fiqh and critically examines their application to Islamic economics. It argues that fiqh methods are mainly designed to find out whether a certain act is permissible or prohibited for an individual. Islamic economics, on the other hand, is a social science and, accordingly, its proper unit of analysis is society, not the individual. Methodologies of fiqh and Islamic economics also differ as the former focuses on prescriptions. It prescribes what an individual should do or avoid. In contrast, Islamic economics is more concerned with describing economic realities. While fiqh prescriptions are permanent in nature and for all individuals, economic descriptions may change from time to time and from society to society. This paper argues that the methods of reasoning in fiqh and Islamic economics are not necessarily the same. While fiqh is well served by its methodology and methods set out in usul al-fiqh, Islamic economics should rely on a methodology and methods that suit its social and descriptive nature. International Association for Islamic Economics 2010 Article REM application/pdf en http://irep.iium.edu.my/450/1/RIE-2010-14-1-SALEEM-METHODS_AND_METHODOLOGIS_IN_FIQH_AND_ISLAMIC_ECONOMICS.pdf Saleem, Muhammad Yusuf (2010) Methods and methodologies in Fiqh and Islamic economics. Review of Islamic Economics, 14 (1). pp. 103-123. ISSN 0962-2055 http://islamiccenter.kau.edu.sa/7iecon/English/Englisg%20Papers/%5B21%5D%20M.Yusuf%20Saleem.pdf
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
description This paper discusses the methodology and methods of reasoning in fiqh and critically examines their application to Islamic economics. It argues that fiqh methods are mainly designed to find out whether a certain act is permissible or prohibited for an individual. Islamic economics, on the other hand, is a social science and, accordingly, its proper unit of analysis is society, not the individual. Methodologies of fiqh and Islamic economics also differ as the former focuses on prescriptions. It prescribes what an individual should do or avoid. In contrast, Islamic economics is more concerned with describing economic realities. While fiqh prescriptions are permanent in nature and for all individuals, economic descriptions may change from time to time and from society to society. This paper argues that the methods of reasoning in fiqh and Islamic economics are not necessarily the same. While fiqh is well served by its methodology and methods set out in usul al-fiqh, Islamic economics should rely on a methodology and methods that suit its social and descriptive nature.
format Article
author Saleem, Muhammad Yusuf
spellingShingle Saleem, Muhammad Yusuf
Methods and methodologies in Fiqh and Islamic economics
author_facet Saleem, Muhammad Yusuf
author_sort Saleem, Muhammad Yusuf
title Methods and methodologies in Fiqh and Islamic economics
title_short Methods and methodologies in Fiqh and Islamic economics
title_full Methods and methodologies in Fiqh and Islamic economics
title_fullStr Methods and methodologies in Fiqh and Islamic economics
title_full_unstemmed Methods and methodologies in Fiqh and Islamic economics
title_sort methods and methodologies in fiqh and islamic economics
publisher International Association for Islamic Economics
publishDate 2010
url http://irep.iium.edu.my/450/1/RIE-2010-14-1-SALEEM-METHODS_AND_METHODOLOGIS_IN_FIQH_AND_ISLAMIC_ECONOMICS.pdf
http://irep.iium.edu.my/450/
http://islamiccenter.kau.edu.sa/7iecon/English/Englisg%20Papers/%5B21%5D%20M.Yusuf%20Saleem.pdf
_version_ 1643604614376849408
score 13.211869

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