Universal Paradigm and the Islamic World-System: Economy, Society, Ethics and Science »

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 invoking the foundations of Islamic epistemology. The author presents a phenomenological model of unity of knowledge in economics, ethics, science and society. Some critical areas where this model can be applied are also explored.

As a foundational study on Islamic theory of knowledge covering the fields of Islamic economics, finance, science and society, the book will be valuable to researchers, practitioners and global academic institutions.

List of Figures     ix
Acknowledgments     xi
Foreword   Burhanuddin Abdullah     xiii
Introduction     1
Concept of Worldview versus Paradigm     11
Unity of Knowledge as the Worldview     23
Human Consciousness     43
Islamic Economics and Finance: The Moral Basis     53
Tawhidi Questions of Technology and Technological Change     71
Human Well-Being Adversely Affected by Interest-Based Financing     85
Problems of Economic Reasoning and the Islamic Panacea     99
Problems of Financial Reasoning and the Islamic Alternative     117
The Illogical Basis of Interest Rates     131
Questioning Modernity by the Tawhidi Worldview     143
Conclusion     151
Glossary of Arabic Terms     155
References     159
Index     167