“Ethical” and “Functional” Dimensions of Conventional Economics; Windows for the Idea of “Islamic Economics”

Two important presuppositions that deny the existence of “Islamic economics” are discussed in this article and its positive (affirmative) implications are specified; presuppositions about the “ethical” and “functional” dimensions of economics; The first presupposition is that economic research and analysis merely expresses the relationships between economic variables and phenomena and are essentially in the realm of beings (existential affairs). The function of “economics” in society is different from the function of “religion” according to the second presupposition. In this article, an attempt has been made to examine these presuppositions with careful analytical-philosophical theories about the nature of “economics”, but, based on the opinions of some economists and in accordance with the subject documented by teachings and perceptions based on Islamic sources. Finally, in line with the critical issues presented in this paper, the opinion expressed on the nature of “Islamic economics” is presented.