This paper argues that the current Circular Economy and Social Finance (CESF) discourse allows discerning Islamic economists to re-iterate the view that Islamic Finance (IF) must be re-aligned to its roots, i.e. Islamic economics. Notwithstanding the impressive growth figures of Islamic Banking/Finance over the last three decades, serious reservations are voiced especially on the role and impact of IF in
The sustainable development of Islamic economics as a discipline depends also on methodological development that provides a clear direction on how to appraise economic theories and provide evidence of its reliability. This paper attempts to study the methodology of Islamic economics in two ways: (1) by examining the works by scholars in their specific writings on this subject, and (2) by observing the writings on Islamic economics, banking and finance to see how Islamic economists develop their discipline.
This paper aims to explore the opinions and recommendations of various experts on the integrated cash