Labor in an Islamic Setting

Labor in an Islamic Setting

Islamic Economics, Banking and Finance

Labor in an Islamic Setting
Theory and Practice

Author(s): Necmettin Kizilkaya & Toseef Azid

Reviewed by: Hylmun Izhar, Islamic Development Bank Group, Saudi Arabia, Jeddah, KSA

 

Review

The dearth of works on labour theory from an Islamic economics perspective is surely filled by the publication of this book. The book is indeed an excellent initial step in the field of Islamic economics. It consists of 10 chapters containing a balanced spectrum of topics on labour economics from an Islamic perspective, ranging from a comparative analysis of the socialist and capitalist systems, to more practical issues involving female labour and a critical outlook on labour regulations from an Islamic perspective. The book starts with an introduction followed by (2) The labor market in an Islamic setting: review and process; (3) The division of labor and its theoretical foundations: comparing Ibn Khaldun and Adam Smith; (4) A critical examination of the concept of human capital: the perspective of Islamic economic jurisprudence; (5) The concept of labor, workers’ rights, and migration in Islam; (6) The test of Islamic sensibility with poverty: the state and women workers in the last period of the Ottoman Empire; (7) Islamic ethics and migrant labor in Qatar; (8) Inequality, the labor market, and economic growth in the MENA region: is governance the missing ingredient to alleviate the situation?; (9) A progressive universal Islamic perspective on the free mobility of labor; and (10) A comparative study of views and the role of labor in Marxian, mainstream, and Islamic economics.


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