Essay on Islamic Political Economy (original) (raw)

This essay advocates for the consideration of Islamic economics as a political economy rather than merely a subfield of traditional economic studies. It emphasizes the need for an Islamic economic framework that moves away from neo-classical economic models and integrates Islamic principles to better reflect the socio-economic realities faced by Muslim societies. The discussion underscores the importance of developing an inclusive approach that addresses the unique challenges of resource allocation while remaining true to Islamic values.