Endogenous economic growth from the perspective of Islamic economic doctrine

Many thinkers of human sciences acknowledge that the teachings of Islam pay attention to all aspects of the individual and social life of man and are able to answer his material and spiritual needs. From the point of view of economics, the paradigm governing global economic growth policies is the th...

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Main Authors: Qasemi Abdulkhaliq, Tavakkoli Mohammad Javad
Format: Article
Language:English
Published: Center for Religious Sciences Kom, Belgrade 2023-01-01
Series:Kom: Časopis za Religijske Nauke
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Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-6396/2023/2334-63962303071Q.pdf
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author Qasemi Abdulkhaliq
Tavakkoli Mohammad Javad
author_facet Qasemi Abdulkhaliq
Tavakkoli Mohammad Javad
author_sort Qasemi Abdulkhaliq
collection DOAJ
description Many thinkers of human sciences acknowledge that the teachings of Islam pay attention to all aspects of the individual and social life of man and are able to answer his material and spiritual needs. From the point of view of economics, the paradigm governing global economic growth policies is the thought and doctrine of the capitalist system. This paradigm has imposed many crises and challenges, such as poverty, economic and social inequalities, political and social tensions, and environmental crises on the peripheral countries. With encounters with these problems, new theories of economic growth such as endogenous growth theory, economic sustainability literature, and Islamic economic doctrine have been proposed, which seek to reduce the effects and negative consequences of global economic growth policies. The findings of this research show that the economic doctrine of Islam and the economic and social policies based on moral principles and Islamic standards have wide and deep effects on human motivations and efforts and oblige people to behave decently towards each other and make optimal use of resources and facilities. From the perspective of Islamic ontology, human ownership of natural resources is beneficial. According to this attitude, waste of resources and extravagance are forbidden, resources and socially productive opportunities must be distributed fairly, and the right of all generations to resources must be reserved. Humans are responsible for solving each other's problems, and economic growth should be aimed at goals such as welfare, salvation, human excellence, and social progress. The research method related to this treatise is analytical and descriptive in terms of writing and addressing the research problem, but in terms of the purpose, it is applied and developmental with a qualitative approach. The methods of collecting information in the research of this treatise are library, field, and comparative.
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spelling doaj-art-becf0047a5e24d79aaf6e48c3c6087062025-02-05T13:13:40ZengCenter for Religious Sciences Kom, BelgradeKom: Časopis za Religijske Nauke2334-63962334-80462023-01-01123719410.5937/kom2303071Q2334-63962303071QEndogenous economic growth from the perspective of Islamic economic doctrineQasemi Abdulkhaliq0Tavakkoli Mohammad Javad1Al-Mustafa International University, Qom, I.R. IranAl-Mustafa International University, Qom, I.R. IranMany thinkers of human sciences acknowledge that the teachings of Islam pay attention to all aspects of the individual and social life of man and are able to answer his material and spiritual needs. From the point of view of economics, the paradigm governing global economic growth policies is the thought and doctrine of the capitalist system. This paradigm has imposed many crises and challenges, such as poverty, economic and social inequalities, political and social tensions, and environmental crises on the peripheral countries. With encounters with these problems, new theories of economic growth such as endogenous growth theory, economic sustainability literature, and Islamic economic doctrine have been proposed, which seek to reduce the effects and negative consequences of global economic growth policies. The findings of this research show that the economic doctrine of Islam and the economic and social policies based on moral principles and Islamic standards have wide and deep effects on human motivations and efforts and oblige people to behave decently towards each other and make optimal use of resources and facilities. From the perspective of Islamic ontology, human ownership of natural resources is beneficial. According to this attitude, waste of resources and extravagance are forbidden, resources and socially productive opportunities must be distributed fairly, and the right of all generations to resources must be reserved. Humans are responsible for solving each other's problems, and economic growth should be aimed at goals such as welfare, salvation, human excellence, and social progress. The research method related to this treatise is analytical and descriptive in terms of writing and addressing the research problem, but in terms of the purpose, it is applied and developmental with a qualitative approach. The methods of collecting information in the research of this treatise are library, field, and comparative.https://scindeks-clanci.ceon.rs/data/pdf/2334-6396/2023/2334-63962303071Q.pdfeconomic growthendogenous growtheconomic sustainabilityontologyeconomic doctrine of islam
spellingShingle Qasemi Abdulkhaliq
Tavakkoli Mohammad Javad
Endogenous economic growth from the perspective of Islamic economic doctrine
Kom: Časopis za Religijske Nauke
economic growth
endogenous growth
economic sustainability
ontology
economic doctrine of islam
title Endogenous economic growth from the perspective of Islamic economic doctrine
title_full Endogenous economic growth from the perspective of Islamic economic doctrine
title_fullStr Endogenous economic growth from the perspective of Islamic economic doctrine
title_full_unstemmed Endogenous economic growth from the perspective of Islamic economic doctrine
title_short Endogenous economic growth from the perspective of Islamic economic doctrine
title_sort endogenous economic growth from the perspective of islamic economic doctrine
topic economic growth
endogenous growth
economic sustainability
ontology
economic doctrine of islam
url https://scindeks-clanci.ceon.rs/data/pdf/2334-6396/2023/2334-63962303071Q.pdf
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AT tavakkolimohammadjavad endogenouseconomicgrowthfromtheperspectiveofislamiceconomicdoctrine