Purpose The purpose of this paper is to lay down the methodological structure of the epistemology of tawhid (Oneness of Allah). In this paper, the meaning of tawhid also refers to the monotheistic unity of knowledge (consilience) in the cast of its organic pairing by circular causation relations...

The author reviews earlier attempts at formulating a humanistic political economy. Then a principle of Ethical Endogeneity is established which shows that society maximizes its social welfare through consensus among decision-makers with the choice of goals and policy variables. In the Islamic...

The arguments of this paper arise from the economic and methodological premises on behavior, markets and institutional structure that together influence asset-valuation. All these are bonded together to explain how methodology defines the domain of financial engineering in mainstream and Islamic...

Purpose: The purpose of this paper is to lay down the methodological structure of the epistemology of tawhid (Oneness of Allah). In this paper, the meaning of tawhid also refers to the monotheistic unity of knowledge (consilience) in the cast of its organic pairing by circular causation...

Written by a contemporary pioneer in the area of the universal paradigm and Islamic world-systems, this book offers a fresh post-modernist outlook on new epistemological investigations in the universal paradigm. It addresses the problems of the unity of knowledge in learning systems, thereby...

On reading through the paper by Asad Zaman one gets the impression of an irreconcilable gap between a misconceived Western intellection and an ideal Islamic reemergence. Yet it presents a Utopia world that did not exist even during the time of the Prophet, for the Prophet did not cast away what...

The importance of circular causation in explaining the dynamics of learning systems that cover the entirety of human experience is pointed out. Yet despite claims, Ibn Khaldun is seen to have failed in addressing the analytical nature of this central theme of historiography. Recent authors who...

This paper while being a study of its own subject matter is also a response to Professor Ali Khan's discussion paper entitled, “Globalization of Financial Markets and Islamic Financial Institutions” that appeared in Islamic Economic Studies, Vol.8, No.1 (2000:19-67). The topic of financial...

What can bring about and sustain the life of microenterprise and microcredit for poverty alleviation? The answer is given in this paper by way of the epistemology of organic unity of markets, finance and society premised on the essential outlook of how the Islamic worldview prevails in this...

In conclusion to this review of Biraima's paper, it is to be noted that Biraima has indeed taken a correct direction of invoking the Qur'an directly for proposing an MPC model, This is of course, how the quest for the future evolution of Islamic scientific worldview must be launched-and...