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
Foreword Burhanuddin Abdullah xiii
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
Glossary of Arabic Terms 155