Comparative Study of Contemporary Islamic Economic Thoughts Muhammad Abdul Mannan and Monzer Kahf
Abstract
Islamic economics is a distinctive discipline rooted in Islamic principles from the Qur'an and Hadith, offering diverse perspectives on economic phenomena. Islamic economists emphasize the application of Sharia principles and integrate ethical values and social justice into economic activities. This research focuses on the contributions of prominent scholars, Muhammad Abdul Mannan and Monzer Kahf, to contemporary Islamic economic thought. Employing a literature review approach, we analyze their works to explore similarities and differences in their interpretations of Islamic economic principles. The study aims to identify key areas of agreement and divergence in their perspectives, including profit-and-loss sharing, Islamic banking, poverty alleviation, and Islamic business ethics. Ultimately, the research seeks to shed light on the profound influence of Mannan and Kahf, fostering a deeper understanding of Islamic economics in today's global context.
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