A Survey on Possibility of Distinction between Normative and Positive Islamic Economics

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TAVAKOLI MOHAMMAD JAVAD

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Journal: EGHTESAD-E ISLAMI Year:2019 | Volume:18 | Issue:72 Page(s): 5-33

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Title

A Survey on Possibility of Distinction between Normative and Positive Islamic Economics

Author(s)

TAVAKOLI MOHAMMAD JAVAD | Issue Writer Certificate

Keywords

Islamic EconomicsQ2

Nature of Islamic EconomicsQ1

Positive Islamic EconomicsQ1

Normative Islamic EconomicsQ1

Prescriptive Islamic EconomicsQ1

Abstract

In the conventional economy there is a conflict about the separation of normative and positive economies. In this paper, we examine the question of whether in Islamic Economics, a similar distinction can be drawn and, if possible, what is the relationship between them? According to the hypothesis of the article, Islamic Economics can be considered as a combination of two continuum theoretical and normative economics. The findings of this analytic-based research show that Islamic Economics analyzes the organization of economic activities in order to achieve the goals of the Islamic economic system and solving the progressive economic problems (normative Islamic Economics) on the basis of economic realities (positive Islamic Economics). According to this, the normative Islamic economy is responsible for assessing the situation and advising economic structures and policies; the Islamic Economics also provides evidence for economic forecasting. In practice, there is a kind of reciprocating between normative and providential Islamic Economics. The normative Islamic Economics provides the basis for scientific analysis by identifying the institutional structures. Analytical evidence of Islamic Economics can improve the normative economics in the al-Faraq area.

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APA: Copy

TAVAKOLI, MOHAMMAD JAVAD. (2019). A Survey on Possibility of Distinction between Normative and Positive Islamic Economics. EGHTESAD-E ISLAMI, 18(72 ), 5-33. SID. https://sid.ir/paper/384276/en

Vancouver: Copy

TAVAKOLI MOHAMMAD JAVAD. A Survey on Possibility of Distinction between Normative and Positive Islamic Economics. EGHTESAD-E ISLAMI[Internet]. 2019;18(72 ):5-33. Available from: https://sid.ir/paper/384276/en

IEEE: Copy

MOHAMMAD JAVAD TAVAKOLI, “A Survey on Possibility of Distinction between Normative and Positive Islamic Economics,” EGHTESAD-E ISLAMI, vol. 18, no. 72 , pp. 5–33, 2019, [Online]. Available: https://sid.ir/paper/384276/en

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