LABOR IN AN ISLAMIC SETTING: THEORY AND PRACTICE
The Islamic labor market rests on the principles of the free market exchange of Islamic economics. Regrettably, the latter has failed to keep pace with the rapidly growing academic and professional developments of the former. Much of the published work within Islamic economics is idealistic if not radically ideological with little relevance to the Islamic labor market, leaving students of Islamic economics without a coherent body of economic theory to understand the practical objectives of Shariah (i.e. the maqasid) that give a sense of direction to the developments in this field. Drawing upon received sources of maqasid of Shariah, the authors present an independent academic work which:
- Emphasizes the common conceptual grounds of labor market behavior shared by the maqasid of Shariah approach as well as the conventional approach to economics.
- Adopts standard textbook tools to explain industrial relations. Extends the conventional scope of the labor market and forces of the labor market under the umbrella of Shariah.
- Provides bullet-form learning outcomes for each chapter coupled with chapter-wise previews, bullet-form summaries and review questions.
- Enables readers and practitioners of Islamic economics to make economic sense of Shariah compliance and human resource development
- Explains how the economics of maqasid of shariah is liable to offer moral guidance and a sense of direction to regulators and practitioners of the Islamic Labor market.
Labor in an Islamic Setting will be of interest to postgraduate students, middle and senior management in both the western and the Islamic business communities, researchers and policy makers
Table of Contents
Toseef Azid and Necmettin Kizilkaya
2 The Labour Market in an Islamic Setting:Review and Prospects
3 Division of Labour and its Theoretical Foundations Comparing Ibn Khaldun and Adam Smith
4 A critical examination of the concept of ‘human capital’: Perspective of Islamic economic jurisprudence
Zeyneb Hafsa Orhan
5 The Conceptions of Labor, Workers’ Rights and Migration in Islam
6 The Test of Islamic Sensibility With Poverty: The State and Women Workers in The Last Period of Ottoman Empire
7 Islamic Ethics and Migrant Labor in Qatar
8 Inequality, Labor Market and Economic Growth in the MENA Region: Is Governance the Missing Ingredient to Alleviate the Situation?
Matallah Siham, Bounoua Chaiband Benbouziane Mohamed
9 A Progressive Universal Islamic Perspective on Free Mobility of Labor
Muhammad Iqbal Anjum
10 A Comparative Study of Views and Role of Labor in Marxian, Mainstream and Islamic Economics
Salman Ahmed Shaikh