Economics and the Knowledge Crisis

This chapter offers a path forward for resolving the crisis in Islamic economics. It advocates for rejecting the uncritical acceptance of conventional economic ideas and, instead, developing a genuine Islamic economic theory firmly grounded in Islamic principles and values. By embracing this approach, Islamic economics can provide a distinct and valuable contribution to the field of economics, offering practical solutions that align with the aspirations of Muslim societies. This chapter serves as a beacon of hope for the future of Islamic economics.