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The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework

Author

Listed:
  • Zein Muttaqin

    (Department of Economics, Kulliyah of Economic and Management Sciences, International Islamic University Malaysia, Malaysia. Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

Objective � The objective of this paper is to unfold the nature of excessive behavior in the Islamic economics framework. Methodology/Technique � This is a library research based on the various studies that specifically discuss excessive behavior and Islamic consumer behavior. The study uses a rating system to identify the relevance of content to the study and analyze content analysis. Findings � The nature of excessive behavior is condemned by Islam and is fully agreed upon by Muslim scholars. The extent of excessive behavior is not limited to certain levels of consumption. The Muslim consumer may unaware of doing the practice under the influence of a particular setting, where the pleasure of the practice is felt temporarily. Novelty � This study clarifies the terminology and nature of excessive behavior, which is unclear in previous studies conducted by Muslim scholars. Type of Paper: Review

Suggested Citation

  • Zein Muttaqin, 2019. "The Nature of Excessive Behavior (ISRAF) in the Islamic Economic Framework," GATR Journals jber169, Global Academy of Training and Research (GATR) Enterprise.
  • Handle: RePEc:gtr:gatrjs:jber169
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    References listed on IDEAS

    as
    1. Stillman, Tyler F. & Fincham, Frank D. & Vohs, Kathleen D. & Lambert, Nathaniel M. & Phillips, Christa A., 2012. "The material and immaterial in conflict: Spirituality reduces conspicuous consumption," Journal of Economic Psychology, Elsevier, vol. 33(1), pages 1-7.
    2. Mehmet Asutay, 2007. "Conceptualisation Of The Second Best Solution In Overcoming The Social Failure Of Islamic Banking And Finance: Examining The Overpowering Of Homoislamicus By Homoeconomicus," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 15(2), pages 167-176, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Khan, Muhammad Akram, 2020. "Theory of Consumer Behavior: An Islamic Perspective," MPRA Paper 104208, University Library of Munich, Germany.

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    More about this item

    Keywords

    Excessive Behavior; Islamic Economics; Consumer Behavior; Miscellaneous.;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • P40 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - General
    • Y80 - Miscellaneous Categories - - Related Disciplines - - - Related Disciplines

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