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Behavioral assumptions of islamic economics revisited is the giving behavior of muslims different from others
- Publication Year :
- 2022
-
Abstract
- Islamic economics (IE) assumes an altruistic economic agent who spends his income not only on himself but also on others through charity. Since this behavioral norm is attributed only to Muslims, this implies that the giving behavior of Muslims is different from others. This study aims to test the validity of this assumption by analyzing a cross-national survey measuring the attitudes, beliefs and behavior patterns of diverse populations in 19 European countries. The empirical results based on a logistic regression and Propensity Score Matching approach indicate no difference between Muslims and members of other religions in terms of the likelihood of involvement in giving activities. The impact of other explanatory variables on both donations and volunteer efforts were generally the same, with the exception of age and marital status. The increasing number of studies supporting the findings of this study or raising questions about the validity of Islamic economic assumptions may cause IE to reformulate its theory.
- Subjects :
- Economics and Econometrics
Social Sciences and Humanities
ECONOMICS
Social Sciences (SOC)
Muslims
Economics, Econometrics and Finance (miscellaneous)
ASSOCIATION
İktisat
Islamic economics
RELIGION
charity
Ekonomi ve İş
ECONOMICS & BUSINESS
Sosyal Bilimler (SOC)
Sosyal ve Beşeri Bilimler
Social Sciences & Humanities
PREDICTORS
EKONOMİ
General Economics, Econometrics and Finance
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.od......3098..84d0ada3f1dbf17e52eab3d9b71fbfac