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Alarming rise in predatory publishing and its consequences for Islamic economics and finance education

Author

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  • Hasan, Zubair

Abstract

Purpose ― The aim of the study is to explore the causes and impact of predatory online publishing on Islamic economics and finance. Design/methodology/approach ― The method adopted involves a library literature scan to identify the origin and expansion of predatory publishing, as references listed in the paper show. The personal experience and observation of the author over the decades of teaching at various universities endorses the evidence. Findings ― The focus on “publish or perish” has led to a division of Islamic scholars into puritans and modern economists. It has also caused the overuse of mathematical and parametric modeling to the disadvantage of the discipline, which is essentially imbued with unquantifiable ethical norms and values. Practical implications ― The study seeks to induce fruitful and purposive change in the research designs and direction of Islamic economics and finance. Originality/value ― This research initiates discussion on predatory publishing, an issue so far untouched in the field of Islamic economics and finance. It explores the impact of the affliction on the discipline and suggests ways to curb the malady. Paper type Research paper

Suggested Citation

  • Hasan, Zubair, 2018. "Alarming rise in predatory publishing and its consequences for Islamic economics and finance education," MPRA Paper 86146, University Library of Munich, Germany, revised 16 Oct 2018.
    • Handle: RePEc:pra:mprapa:86146
    as

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    File URL: https://mpra.ub.uni-muenchen.de/86146/1/MPRA_paper_86146.pdf
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    References listed on IDEAS

    as
    1. Muhammad Akram Khan, 2013. "What is Wrong with Islamic Economics?," Books, Edward Elgar Publishing, number 15292, March.
    2. Zubair HASAN, 2017. "Tarika Akin & Abbas Mirakhor, Efficiency with Rule-Compliance: A Contribution to the Theory of the Firm in Islamic Economics," Journal of Economic and Social Thought, KSP Journals, vol. 4(1), pages 119-120, March.
    3. Rosenberg, Alexander, 1992. "Economics--Mathematical Politics or Science of Diminishing Returns?," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226727233, October.
    4. Masudul Alam Choudhury, 2009. "Islamic Critique and Alternative to Financial Engineering Issues النقد والبديل الإسلامي لقضايا الهندسة المالية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 22(2), pages 205-244, July.
    5. Zubair Hasan, 1998. "Islamization Of Knowledge In Economics: Issues And Agenda," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 6(2), pages 1-40.
    6. Asad Zaman, 2012. "Methodological Mistakes and Econometric Consequences," International Econometric Review (IER), Econometric Research Association, vol. 4(2), pages 99-122, September.
    7. Zubair Hasan, 2009. "Masudul Alam Choudhury: Islamic Critique and Alternative to Financial Engineering Issues, Comment by مسعود العالم شودري: النقد الإسلامي والبديل لقضايا الهندسة المالية ، تعليق: زبير حسن," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 22(2), pages 253-258, July.
    8. Tarik AKIN & Abbas MIRAKHOR, 2016. "Efficiency with Rule-Compliance: A Contribution to the Theory of the Firm in Islamic Economics," Journal of Economics and Political Economy, KSP Journals, vol. 3(3), pages 560-574, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Hasan, Zubair, 2018. "Methodology of Islamic economics: Is the subject worth discussing?," MPRA Paper 85824, University Library of Munich, Germany.
    2. Jaime A. Teixeira da Silva & Daniel J. Dunleavy & Mina Moradzadeh & Joshua Eykens, 2021. "A credit-like rating system to determine the legitimacy of scientific journals and publishers," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(10), pages 8589-8616, October.

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    More about this item

    Keywords

    Predatory publishing; Econometric modeling; Islamic finance; Sociology of economics;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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