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Full Description
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 that gives a sense of direction to the developments in this field. Drawing upon received sources of goals of Shariah, the authors present an independent academic work which:
Emphasizes the common conceptual grounds of labor market behavior shared by the objectives of Shariah approach as well as the conventional approach to economics.
Adopts standard tools of contemporary economics to explain the industrial relations.
Extends the conventional scope of the labor market and forces of the labor market under the umbrella of Shariah.
Enables readers and practitioners of Islamic economics to make economic sense of Shariah compliance and human resource development.
Explains how the economics 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, academics, middle and senior management in both the western and the Islamic business communities, researchers and policy makers.
Contents
1 Introduction
Toseef Azid and Necmettin Kizilkaya
2 The Labour Market in an Islamic Setting:Review and Prospects
Toseef Azid
3 Division of Labour and its Theoretical FoundationsComparing Ibn Khaldun and Adam Smith
Yasien Mohamed
4 A critical examination of the concept of 'human capital': Perspective of Islamic economic jurisprudence
Zeyneb Hafsa Orhan Aström
5 The Conceptions of Labor, Workers' Rights and Migration in Islam
Latife Reda
6 The Test of Islamic Sensibility With Poverty: The State And Women Workers in The Last Period of Ottoman Empire
Kadir Yildrim
7 Islamic Ethics and Migrant Labor in Qatar
Ray Jureidini
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
