Linking Islamic Moral Economics and Circular Economy: A Pathway to Sustainability

This study delves into the simultaneous exploration of the circular economy and Islamic moral economics to uncover how the circular economy can be integrated with Islamic moral economics. It examines the methodology and sources of Islamic moral economy, highlights the distinctions between Islamic economics and capitalist economy, and presents empirical evidence. The research reveals that Islamic moral economy and the circular economy are mutually supportive concepts that can collaborate towards establishing a more sustainable and equitable world. Specifically, Islamic moral economy and the circular economy can be linked through sustainable agriculture, efficient water usage, and fair trade. Hence, policymakers must prioritize the circular economy to positively influence environmental sustain ability within Islamic nations and globally. A socio-cultural setting grounded in shared beliefs and perspectives, where individuals can discover spiritual validation for practices like reducing, reusing, recovering, recycling, and refusing, as well as other principles of circularization, will offer them more profound motivation compared to the role of producers and consumers in a contemporary market-driven society.

Authors

Institutions

Publication Details

Published
2024-11-27
DOI
https://doi.org/10.1109/sibf63788.2024.10883876
Citations
2
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
1.89
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Linking Islamic Moral Economics and Circular Economy: A Pathway to Sustainability

Sara Alfaihani
2 citations
Islamic Finance and Banking Studies
1.89
article

Linking Islamic Moral Economics and Circular Economy: A Pathway to Sustainability

Sara Alfaihani
article en
2 citations

Abstract

This study delves into the simultaneous exploration of the circular economy and Islamic moral economics to uncover how the circular economy can be integrated with Islamic moral economics. It examines the methodology and sources of Islamic moral economy, highlights the distinctions between Islamic economics and capitalist economy, and presents empirical evidence. The research reveals that Islamic moral economy and the circular economy are mutually supportive concepts that can collaborate towards establishing a more sustainable and equitable world. Specifically, Islamic moral economy and the circular economy can be linked through sustainable agriculture, efficient water usage, and fair trade. Hence, policymakers must prioritize the circular economy to positively influence environmental sustain ability within Islamic nations and globally. A socio-cultural setting grounded in shared beliefs and perspectives, where individuals can discover spiritual validation for practices like reducing, reusing, recovering, recycling, and refusing, as well as other principles of circularization, will offer them more profound motivation compared to the role of producers and consumers in a contemporary market-driven society.

University of Bahrain (BH)
Responsible consumption and production
Openalex Percentile: Top 10%
Islamic Finance and Banking Studies
1.89
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Linking Islamic Moral Economics and Circular Economy: A Pathway to Sustainability — Sara Alfaihani · (2024) | TGRS Research Map | TGRS