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dc.contributor.authorRizkiah, Siti Kholifatul
dc.contributor.authorChachi, Abdelkader
dc.date.accessioned2022-03-04T19:12:02Z
dc.date.available2022-03-04T19:12:02Z
dc.date.issued2020
dc.identifier.issn2147-9054
dc.identifier.issn2148-3809
dc.identifier.urihttps://doi.org/10.26414/A074
dc.identifier.urihttps://hdl.handle.net/20.500.12436/3046
dc.description.abstractIbn Khaldun's economic thought, in his phenomenal book Al-Muqaddimah (The Prolegomenon), has been the subject of interest for many social scientists, including some economists of our era. He is considered to be among the early Muslim scholars, who wrote about the fundamental theories of economic science, three centuries before Adam Smith, who is widely regarded as the 'father of economics'. However, six hundred years after Ibn Khaldun's death, a question arises as to whether his economic thoughts are still relevant in the contemporary world. This paper attempts to analyse some of the main economic theories of Ibn Khaldun and reviews whether they are still relevant or being discussed in the modern economic theory or applied in the economic practice. The study found that from amongst the six main economic thoughts, he wrote about in his book, Al-Muqaddimah, almost all are still widely used and practiced. However, his theory on money needs more deliberate research and further investigation, as the world has long replaced gold and silver money with fiat money and other kinds of currencies such as cryptocurrencies, which were not known at his time.en_US
dc.language.isoengen_US
dc.publisherResearch Center Islamic Economics-Ikamen_US
dc.relation.ispartofTurkish Journal of Islamic Economics-Tujiseen_US
dc.identifier.doi10.26414/A074
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectAl-Muqaddimahen_US
dc.subjectIbn Khaldunen_US
dc.subjectEconomic theoryen_US
dc.subjectEconomic thoughten_US
dc.subjectIslamic economicsen_US
dc.subjectCOMPETITIVE ADVANTAGEen_US
dc.titleThe Relevance of Ibn Khaldun's Economic Thought in the Contemporary Worlden_US
dc.typearticleen_US
dc.departmentİZÜen_US
dc.identifier.volume7en_US
dc.identifier.issue2en_US
dc.identifier.startpage70en_US
dc.identifier.endpage90en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.department-temp[Rizkiah, Siti Kholifatul] Int Ctr Educ Islamic Finance INCEIF, Kuala Lumpur, Malaysia; [Chachi, Abdelkader] Istanbul Sabahattin Zaim Univ, Istanbul, Turkeyen_US
dc.identifier.wosWOS:000607267400005en_US


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