Economic agency of women in Islamic economic philosophy: going beyond Economic Man and Islamic Man

Author:

Khawar MariamORCID

Abstract

PurposeThe purpose of this paper is to provide a gender-sensitive analysis of economic agency in Islamic economic philosophy.Design/methodology/approachA critical review of classical ethics literature and the concept of khilafah is undertaken and discussed in conjunction with the current understanding of homo Islamicus.FindingsBuilding on the principles of khilafah, the concept of homo Islamicus is a pious stand-in for the flawed homo economicus. Among its flaws is the complete absence of a discussion of women as economic agents. To remedy this the discipline must acknowledge explicitly the denial of women and gender from the discussion of moral agency and include gender as a category of analysis for economic agency. This is only possible by: (1) introducing a non-patriarchal reading of khilafah as the model of agency and (2) by operationalising taqwa as the cardinal virtue of the economic agent instead of neoliberal rationality.Research limitations/implicationsIf Islamic economic philosophy is to contend as an alternative mode of economics, it must consider gender and class dimensions in its micro-foundation discussion, economic agency is one of them.Originality/valueThis study reveals the patriarchal readings that are part of the foundation of the concept of the economic agent in Islamic economics, problematising it and providing a gender-sensitive concept of economic agency.

Publisher

Emerald

Subject

General Social Sciences,Economics and Econometrics

Reference44 articles.

1. Conceptualisation of the second-best solution in overcoming the social failure of Islamic banking and finance: examining the overpowering of homo Islamicus by homo economicus;IIUM Journal of Economics and Management,2007

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