سرمایہ داری کے بارے میں میکس ویبر کے نظریات اور سرمایہ دارانہ معیشت و تجارت پر اسلامی نقطہ نظر سے ایک تحقیقی و تقابلی تجزیہ

An exploratory and comparative analysis of Max Weber's ideas about capitalism and Islamic perspective on capitalist economy and trade

Authors

  • Mian Faizan Ahmed Ph.D. Scholar, Department of Comparative Religion and Islamic Culture, University of Sindh Jamshoro.
  • Dr. Jabeen Bhutto Assistant professor, Department of Comparative Religion and Islamic Culture, University of Sindh Jamshoro.

Keywords:

Max Weber, capitalism, Islamic trade, capitalist Economy comparison.

Abstract

 This research paper presents a comparative analysis of Max Weber's ideas on capitalism and Islamic perspectives on economy and commerce. The study explores the ethical foundations, financial systems, and implications of these contrasting viewpoints, with the aim of understanding their significance and identifying potential recommendations for a just and inclusive economic system. The topic of examining the relationship between Weber's ideas on capitalism and Islamic perspectives on economy and commerce is of utmost importance in the context of contemporary economic challenges. By juxtaposing these two perspectives, we gain insights into the role of ethics, justice, and social welfare in economic systems. The methodology employed in this research paper involves an in-depth analysis of Max Weber's seminal work on capitalism and the Protestant Ethic, alongside a comprehensive examination of Islamic principles and values related to economy and commerce. The comparative approach allows for a nuanced understanding of the similarities and differences between these perspectives. The papers concludes that while Weber's ideas emphasize rational pursuit of profit and efficiency, Islamic perspectives prioritize ethical conduct, justice, and responsible wealth management. Islamic finance, as an alternative financial system, offers principles such as prohibition of interest and risk-sharing partnerships that promote fairness and equitable distribution of wealth.

Author Biography

Dr. Jabeen Bhutto, Assistant professor, Department of Comparative Religion and Islamic Culture, University of Sindh Jamshoro.

 

 

 

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Published

30-06-2023

How to Cite

Mian Faizan Ahmed, & Dr. Jabeen Bhutto. (2023). سرمایہ داری کے بارے میں میکس ویبر کے نظریات اور سرمایہ دارانہ معیشت و تجارت پر اسلامی نقطہ نظر سے ایک تحقیقی و تقابلی تجزیہ: An exploratory and comparative analysis of Max Weber’s ideas about capitalism and Islamic perspective on capitalist economy and trade. INKISHAF, 3(8), 361–371. Retrieved from http://inkishaf.org/index.php/home/article/view/188

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