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Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited
Article Type: Editorial From: Humanomics, Volume 24, Issue 3.
In this issue of HIJSE a pot-pourri of articles have been presented to address some systemic issues of Islamic economic and finance. There is also an excellent paper on fairness as constraint. Except for this particular paper no other paper addresses the real issue of ethics as endogenously embedded systemic force. This means the endogenous treatment of ethics in all problems examined within interacting and coevolving systemic entities. That is also to examine every problem from a learning methodological viewpoint examining interrelating variables and systems in which interacting entities remain embedded.
By a remiss of this principle of ethical endogeneity, the papers on Islamic economics and finance remain ambivalent to the principal episteme underlying all the dynamics of the truly Islamic approach to economic, financial, social and other problems. This is the principle of unity of knowledge as derived by methodological ways from the fundamental episteme of Tawhid in the Qur'an (divine oneness, unity).
In the absence of this critical reference no so-called Islamic study can truly become distinctly revolutionizing in the realm of a new paradigm shift. Consequently, it becomes meaningless to call anything as “Islamic” when all the methodological underpinnings of the analysis remain hinged either on mainstream orientation or are simply practice-oriented without theory and fundamentals. The present-days scholarship in Islamic so-and-so subjects seriously lacks epistemological orientation. Such scholarship without its essential methodology and worldview is not deep and revolutionizing in the realm of new thought. It is therefore simply sailing in avoid.
The papers presented in this issue of HIJSE have been included because they simply give some issues of Islamic economics and finance, though not the epistemological substance. It is hoped that other scholarly pursuits will take up these and more issues and re-address them from the systemic ethical point of view. This is what Humanomics refers to as the endogenous treatment of ethics in learning systems by the episteme and methodology of unity of knowledge.