e-journal

Theory appraisal in Islamic economic methodology: purposes and criteria

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Purpose – This paper attempts to investigate the conceptual foundations of methodological inquiry
in Islamic economics. The paper aims to develop criteria of acceptance and rejection of a theory and
providing rationalizations and guidelines in the process of theory appraisal and evaluation.
Design/methodology/approach – The literature on Islamic economics especially in the area of
methodology of Islamic economics, both in English and Arabic, is reviewed critically and used in the
attempt of constructing the criteria of theory appraisal in Islamic economics.
Findings – The paper explicates two criteria of theory appraisal in Islamic economics, namely the
internal-integrity (doctrinal integrity, logical integrity and factual integrity) and relational-unity
(of doctrine and practical realities, ideals/goals and factual experiences, values and facts, normative
and positive dimensions, a priori and a posteriori).
Research limitations/implications – The paper is based on conceptual explorations of literature
in the area of methodology of Islamic economics. This is a conceptual paper, so it did not employ any
empirical analysis.
Practical implications – The findings of this paper will give insights of the criteria to distinguish
truth over false notions in theories, between valid theories and invalid ones as well as the acceptance or
rejection of theory in Islamic economics theory appraisal. With those criteria of theory, a unified
discipline of Islamic economics, which is based on doctrinal, logical on testable foundations in a real
typical Muslim society can be produced.
Originality/value – The paper proposes criteria and purpose of theory appraisal in Islamic
economics which is lacking in the discussion of methodology of Islamic economics literature. Those
criteria and purpose in theory appraisal and evaluation in a methodological unity of Islamic economics
suggest a new approach in dealing with revelation, intellectual reasoning and facts observation in
order to produce a coherent Islamic economic theory.

Keywords Methodology of Islamic economics, Tawhidic methodology, Theory appraisal,Theory evaluation, Criteria, Framework

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Informasi Detail

Judul Seri

Humanomics

No. Panggil

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Penerbit

: Emerald Group., 2013

Deskripsi Fisik

Humanomics Vol. 29 No. 3, 2013 pp. 187-201

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

EKONOMI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

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