The Nudge Theory in Islamic Economics: Studying Prophetic Traditions Related to Spending on Wife


April 4, 2021
The Nudge Theory in Islamic Economics: Studying Prophetic Traditions Related to Spending on Wife
Abdulghani Ali Abdullah Saeed and Ebrahim Hasan Mohammed Gamal

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Issue

The research aims to demonstrate the behavioral characteristics of Islamic economics and to explore the catalysts inherent in its texts impacting with guiding economic behavior, and how this approach can be used by scholars and institutions in directing and rationalizing economic behavior through Shari’ah texts and their objectives. To ascertain this, the research reviews one of the Islamic financial topics, “spending on wife” as came across the hadiths of the Prophet (peace be upon him) that contain in its texts some of the terms and underlying purposes, and how can individuals be motivated using the theory of nudge to direct and rationalize their economic behavior. The research used the descriptive approach to describe the phenomenon under study, then the analytical method for the data that will be collected to prove the validity of the study hypotheses. The study concluded that the Shari’ah texts include, in their commands and prohibitions, semantics that can act as catalysts for the direction of human behavior. Keywords: Islamic Economics, Behavioral Economics, Nudge Theory, Spending on Wife

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