ABSTRACT

Juristic interpretations of sources too cannot remain static or sticky. Indeed, Islamic jurisprudence has never been entirely devoid of temporal changes. The superiority for Islamic economics over the conventional, in finance especially, is claimed because of its linkage with ground realities. Discussions on methodology in Islamic economics usually derive their inspiration and content from what is termed as the worldview of a society, a popular subject in Islamic studies in the Muslim social sciences. The ascendancy of Islamic finance left vast areas like public economics, distributive justice, economic development monetary issues and social welfare problems almost unexplored. Predatory publishing in Islamic economics owes its emergence and proliferation to the increasing entrance in the Islamic higher education institutions of teachers who had studied and worked in foreign universities. The Western educated elite in developing countries imposed the perish or publish culture in higher education for academic appointment and promotion.