Fairness and Ethics in Spending
DOI:
https://doi.org/10.6000/1929-7092.2016.05.24Keywords:
Consumer behavior, Spending, Ethical utility, Earning layer, Belief holding, Threshold spending, Islamic economicsAbstract
Islamic faith and the ethical dimensions of the individual and the community have a significant role in guiding economic behavior by connecting the worldly life to the hereafter. In the Islamic economics paradigm, by relating ethics to the economic behavior of spending, we exhibit the good (bad) attributes of ethical (unethical) behavior. In this paper, we contribute to developing a measure of the overspending and underspending that allows testing the presence of wastefulness and niggardliness.References
AlAdoui, Mustafa. 1999. Jurisprudence of Ethics and Transactions, Publisher Dar Al Majed Asiri, Jeddah, First edition.
AlEzz, bin Abd Salam. 1181-1262. The Benefits in Shortening Purposes. Publisher Dar contemporary thought, Damascus (1995). Reviewed by Iyad Tabaa. http://ahlalhdeeth.com/vb/ attachment...3&d=1202825338
AlMaydani, Abdul Rahman. 1999. Islamic Ethics and their Bases. Fourth edition, Publisher Dar Alqalam, Damascus. http://waqfeya.com/book.php?bid=884
Amin, Ahmed. 1931. A Book of Ethics. Third Edition, Egyptian National Library Press.
Attabari, Muhammad Jareer. 838-923. Collector of Statements on the Quran Interpretation. Volume 24, Publisher Dar Books world, Riyadh (2013). Reviewed by Abdullah Turki.
Ben Jilali, B. and Azzamil, Y. 1992. “Measuring the Consumption Function in an Islamic Framework.” Journal of Islamic Economics Research 2(2):37-66.
Bnu Katyr Imad Eddine, Ismail 1301-1373. Interpretation of the Great Quran, 8 volumes. Publisher Dar Tieba (1999). Reviewed by Sami Salama. http://rowea.blogspot.com/2010/02/pdf-8.html
Ghazali, Abu Hamed. 1058-1111 AD. The Revival of the Religion Science. By I. Rifai and reviewed by AS. Shahin (1988), 1st Ed.: Book of the Earnings and Livelihood, and Book Standards Behaviors of Living and Ethics of Prophethood. Publisher of Alahram Center for Translation and Publishing, Cairo. https://docs.google.com/file/d/0B8E9Z57shYOkYnlTdV85eU53TzQ/edit?pli=1
Shaibani, Muhammad ibn al-Hassan. 750-805 AD. Book of the Earning. Explained by Mohammed Sarkhasi. Verified by Abdul Fattah Abu Ghuda, first edition (1997), publisher Dar Albachaer Alislamia, Beirut and the Office of the Islamic publications, Aleppo. https://ia802604.us.archive.org/33/ items/al-Kasb-shebani/kasb.pdf
www.islamicbook.ws/asol%5Chanafi/alksb.pdf
REFERENCES/ENGLISH
Dal Bó, E. and Dal Bó, P. 2014. “Do the right thing: The effects of moral suasion on cooperation.” Journal of Public Economics 117:28-38.
http://dx.doi.org/10.1016/j.jpubeco.2014.05.002
Elgin, C., Goksel, T., Gurdal, MY. and Orman C. 2013 “Religion, income inequality, and the size of the government.” Economic Modelling 30:225–234.
http://dx.doi.org/10.1016/j.econmod.2012.08.017
Fukukawa, K. and Ennew, Ch. 2010. “What We Believe Is Not Always What We Do: An Empirical Investigation into Ethically Questionable Behavior in Consumption.” Journal of Business Ethics 91:49-60.
http://dx.doi.org/10.1007/s10551-010-0567-1
Gigerenzer, G. 2010. “Moral satisficing: Rethinking moral behaviour as bounded rationality.” Topics in cognitive science 2(3):528–554.
http://dx.doi.org/10.1111/j.1756-8765.2010.01094.x
Hasan, Z. 2005. “Treatment of Consumption in Islamic Economics: An Appraisal.” JKAU: Islamic Economics 18(2):29-46.
http://dx.doi.org/10.4197/islec.18-2.2
Itani, Talal 2012. This Quran could not have been produced by anyone other than God: The Quran. Published by ClearQuran, Dallas and Beirut. www.ClearQuran.com
Popoveniuc, B. 2014. “The Economy of Economics. For an Axiological Reflexive Reform.” Procedia - Social and Behavioral Sciences 149:746 – 752.
http://dx.doi.org/10.1016/j.sbspro.2014.08.303
AlEzz, bin Abd Salam. 1181-1262. The Benefits in Shortening Purposes. Publisher Dar contemporary thought, Damascus (1995). Reviewed by Iyad Tabaa. http://ahlalhdeeth.com/vb/ attachment...3&d=1202825338
AlMaydani, Abdul Rahman. 1999. Islamic Ethics and their Bases. Fourth edition, Publisher Dar Alqalam, Damascus. http://waqfeya.com/book.php?bid=884
Amin, Ahmed. 1931. A Book of Ethics. Third Edition, Egyptian National Library Press.
Attabari, Muhammad Jareer. 838-923. Collector of Statements on the Quran Interpretation. Volume 24, Publisher Dar Books world, Riyadh (2013). Reviewed by Abdullah Turki.
Ben Jilali, B. and Azzamil, Y. 1992. “Measuring the Consumption Function in an Islamic Framework.” Journal of Islamic Economics Research 2(2):37-66.
Bnu Katyr Imad Eddine, Ismail 1301-1373. Interpretation of the Great Quran, 8 volumes. Publisher Dar Tieba (1999). Reviewed by Sami Salama. http://rowea.blogspot.com/2010/02/pdf-8.html
Ghazali, Abu Hamed. 1058-1111 AD. The Revival of the Religion Science. By I. Rifai and reviewed by AS. Shahin (1988), 1st Ed.: Book of the Earnings and Livelihood, and Book Standards Behaviors of Living and Ethics of Prophethood. Publisher of Alahram Center for Translation and Publishing, Cairo. https://docs.google.com/file/d/0B8E9Z57shYOkYnlTdV85eU53TzQ/edit?pli=1
Shaibani, Muhammad ibn al-Hassan. 750-805 AD. Book of the Earning. Explained by Mohammed Sarkhasi. Verified by Abdul Fattah Abu Ghuda, first edition (1997), publisher Dar Albachaer Alislamia, Beirut and the Office of the Islamic publications, Aleppo. https://ia802604.us.archive.org/33/ items/al-Kasb-shebani/kasb.pdf
www.islamicbook.ws/asol%5Chanafi/alksb.pdf
REFERENCES/ENGLISH
Dal Bó, E. and Dal Bó, P. 2014. “Do the right thing: The effects of moral suasion on cooperation.” Journal of Public Economics 117:28-38.
http://dx.doi.org/10.1016/j.jpubeco.2014.05.002
Elgin, C., Goksel, T., Gurdal, MY. and Orman C. 2013 “Religion, income inequality, and the size of the government.” Economic Modelling 30:225–234.
http://dx.doi.org/10.1016/j.econmod.2012.08.017
Fukukawa, K. and Ennew, Ch. 2010. “What We Believe Is Not Always What We Do: An Empirical Investigation into Ethically Questionable Behavior in Consumption.” Journal of Business Ethics 91:49-60.
http://dx.doi.org/10.1007/s10551-010-0567-1
Gigerenzer, G. 2010. “Moral satisficing: Rethinking moral behaviour as bounded rationality.” Topics in cognitive science 2(3):528–554.
http://dx.doi.org/10.1111/j.1756-8765.2010.01094.x
Hasan, Z. 2005. “Treatment of Consumption in Islamic Economics: An Appraisal.” JKAU: Islamic Economics 18(2):29-46.
http://dx.doi.org/10.4197/islec.18-2.2
Itani, Talal 2012. This Quran could not have been produced by anyone other than God: The Quran. Published by ClearQuran, Dallas and Beirut. www.ClearQuran.com
Popoveniuc, B. 2014. “The Economy of Economics. For an Axiological Reflexive Reform.” Procedia - Social and Behavioral Sciences 149:746 – 752.
http://dx.doi.org/10.1016/j.sbspro.2014.08.303
Downloads
Published
2016-08-22
How to Cite
B. Ghassan, H. (2016). Fairness and Ethics in Spending. Journal of Reviews on Global Economics, 5, 281–287. https://doi.org/10.6000/1929-7092.2016.05.24
Issue
Section
Special Issue - Theoretical and Empirical Islamic Economics
License
Policy for Journals/Articles with Open Access
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are permitted and encouraged to post links to their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work
Policy for Journals / Manuscript with Paid Access
Authors who publish with this journal agree to the following terms:
- Publisher retain copyright .
- Authors are permitted and encouraged to post links to their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work .
