C2 - Phases of Economic Thought Development in Islam

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91 Terms

1

Revealed Knowledge

Foundation of Islamic economics from Qur'an and Sunnah.

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2

Qur'an

Word of God revealed to Prophet Muhammad.

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3

Sunnah

Prophet Muhammad's practices and explanations.

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4

Thought

Human interpretations of divine teachings.

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5

Qiyas

Analogical reasoning used in Islamic jurisprudence.

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6

Ijtihad

Original reasoning to address new issues.

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7

Usul al-fiqh

Juristic logic based on Islamic sources.

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8

First Phase

Formation period of Islamic economic thought.

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9

Juristic Logic

Rules derived from Qur'an and Sunnah.

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10

Zayd bin Ali

Leading scholar in Islamic jurisprudence.

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11

Abu Hanifah

Founder of the Hanafi school of thought.

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12

Malik

Founder of the Maliki school of thought.

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13

Shafi'i

Founder of the Shafi'i school of thought.

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14

Ahmad bin Hanbal

Founder of the Hanbali school of thought.

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15

Kitab al-Kharaj

Work by Abu Yusuf on taxation.

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16

Kitab al-Kasb

Work by Muhammad al-Shayban on economic activities.

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17

Zakah

Obligatory almsgiving in Islamic finance.

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18

Inheritance

Distribution of property after death in Islam.

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19

Taxation

Government revenue collection methods in Islam.

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20

Second Phase

Translation period of foreign economic works.

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21

Khalid al-Walid

Advised the establishment of diwan for administration.

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22

Diwan

Office or register for administrative purposes.

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23

Khalid b. Yazid

Initiated systematic translation of classical works.

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24

Bayt al-Hikmah

House of Wisdom established by al-Ma'mun.

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25

Translation Period

Era of translating ancient sciences into Arabic.

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26

Arab-Indian Numerals

Numerical system showcasing East-West intellectual exchange.

<p>Numerical system showcasing East-West intellectual exchange.</p>
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27

Impact of Translations

Revived ancient works, preventing their oblivion.

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28

Traditionalists

Scholars rejecting Greek ideas, valuing Islamic knowledge.

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29

Mutakallimūn

Scholastics distinguishing beneficial ideas from harmful ones.

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30

Muslim Philosophers

Scholars integrating Greek philosophy with Islamic thought.

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31

Al-Kinani

Representative of traditionalist scholars rejecting Greek influences.

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32

Al-Ghazali

Prominent mutakallimūn synthesizing Islamic and Greek ideas.

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33

Al-Kindi

Muslim philosopher supporting Greek philosophical ideas.

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34

Oikonomia

Translated as 'ilm tadbīr al-manzil', household management science.

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35

Ethics

Known as 'ilm al-akhlāq', branch of Greek philosophy.

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36

Politics

Referred to as 'ilm al-siyāsah', another Greek philosophy branch.

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37

Fifth/Eleventh Century

End of significant translation movement in Islamic scholarship.

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38

Al-Farra

Traditionalist scholar opposing Greek philosophical ideas.

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39

Al-Sarakhsi

Another representative of the traditionalist group.

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40

Al-Mawardi

Mutakallimūn scholar assessing Islamic versus Greek thought.

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41

Fakhr al-Din al-Razi

Influential mutakallimūn synthesizing diverse philosophical ideas.

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42

Ibn Sina

Muslim philosopher deeply influenced by Greek philosophy.

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43

Al-Suhrawardi al-Maqtul

Philosopher associated with later Islamic philosophical thought.

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44

Nasir al-Din al-Tusi

Later philosopher contributing to Islamic philosophical discourse.

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45

Sufis

Followers of Sufism emphasizing divine worship and devotion.

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46

Asceticism

Lifestyle rejecting worldly pleasures for spiritual growth.

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47

Zuhd

Ascetic behavior not rejecting worldly affluence.

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48

Translation Period

Era of translating and disseminating economic ideas.

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49

Helmut Ritter

German scholar tracing Islamic economics to Bryson.

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50

Neo-Pythagorean Bryson

Early economic ideas influencing Islamic thought.

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51

Sufism

Mystical Islamic movement focusing on spiritual experience.

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52

Altruism

Selfless concern for the well-being of others.

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53

Hellenistic Influence

Cultural blend affecting early Islamic spiritual movements.

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54

Economic Literature of Islam

Body of work analyzing Islamic economic principles.

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55

Macro-Economic Relations

Large-scale economic interactions emphasized by Keynes.

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56

Prophet's Example

Balanced life approach demonstrated by Prophet Muhammad.

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57

Imbalanced Asceticism

Extreme rejection of worldly life contrary to Islam.

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58

Tasawwuf

Islamic term for Sufism and its practices.

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59

Divine Worship

Religious devotion directed towards Allah.

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60

Material Wealth

Physical possessions often viewed with caution in Islam.

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61

Economic Thought

Intellectual exploration of economic principles and practices.

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62

Sufi Movement

Cult-like development of Sufism in later centuries.

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63

Syrian Monasticism

Early Christian practice influencing Islamic asceticism.

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64

Spiritual Progress

Advancement towards divine connection and understanding.

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65

Sufi Representatives

Notable figures in Sufism's development and teachings.

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66

Sufism's Origins

Theories linking Sufism to various cultural influences.

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67

Economic Altruism

Focus on serving others over accumulating wealth.

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68

Material Values

Focus on non-material virtues for happiness.

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69

Al-Dimashqi

Author of 'The Guide to the Virtues of Trade'.

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70

Translation Period

First phase of Islamic economic thought development.

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71

Retranslation Period

Third phase involving translation to European languages.

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72

Greco-Arab Sciences

Muslim scholars' contributions to Greek philosophy.

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73

Translation Age

Period before the Western Renaissance marked by translations.

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74

Muhaddithūn

Traditionalists whose works were less translated.

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75

Al-Ghazali

Author of 'Ihyā' Ulūm al-Dīn', influential in philosophy.

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76

Hukamā'

Muslim philosophers whose works were widely translated.

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77

Ibn Sina

Prominent Muslim philosopher and physician.

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78

Al-Farabi

Notable Muslim philosopher known for political theory.

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79

Ibn Bajjah

Muslim thinker contributing to philosophy and science.

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80

Ibn Rushd

Commentator on Aristotle, influential in the West.

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81

Christian West

Region that adopted and translated Islamic knowledge.

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82

Vernacular Language

Informal spoken language, often of lower status.

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83

Translation from Arabic

Process of translating Islamic works to Latin.

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84

Transmission of Knowledge

Sharing of ideas through translation and teaching.

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85

European Capitals

Cities where translation of Muslim works occurred.

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86

Sicily and Spain

Regions where Muslim knowledge was appropriated post-conquest.

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87

Aristotle's Economic Views

Found in 'Politics' and 'Nicomachean Ethics'.

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88

Catalan Language

Similar to Spanish but related to French.

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89

Ethical Discourses

Economic ideas intertwined with philosophical discussions.

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90

European Students

Traveled to Muslim lands for advanced learning.

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91

Philosophical Works

Economic ideas translated alongside philosophical texts.

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