IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

PasarMalam and PasarPaghi: Grassroots Application of Islamic Ontological Methodology

PasarMalam and PasarPaghi: Grassroots Application of Islamic Ontological Methodology
View Sample PDF
Author(s): Masudul Alam Choudhury (University of Science and Technology, Bangladesh)
Copyright: 2020
Pages: 11
Source title: Handbook of Research on Theory and Practice of Global Islamic Finance
Source Author(s)/Editor(s): Abdul Rafay (University of Management and Technology, Pakistan)
DOI: 10.4018/978-1-7998-0218-1.ch008

Purchase

View PasarMalam and PasarPaghi: Grassroots Application of Islamic Ontological Methodology on the publisher's website for pricing and purchasing information.

Abstract

Pasar Malam (Night bazar) and Pasar Paghi (Morning bazar) are grassroots microenterprises in Malaysia and Indonesia. They combine traditional approach with the scope of modernizing to develop beyond restrained bounds. This chapter recognizes the potential for further organized ways of developing the grassroots enterprises through participatory development of enabling social choices. These opportunities are explained to expand from grassroots to institutional levels, technological appropriateness, and cooperative financing. All are taken up within the sustainability of life-fulfillment regimes of wellbeing and dynamic basic-needs regime of development. In Islamic nomenclature the wellbeing criterion is referred to as maslaha. It denotes the conceptual and quantitative measure of degrees of complementarities between the variables representing choices in the formal evaluative function. This study generalizes the resulting empirical model of wellbeing to strategy and policy implications of a generalized example of the grassroots.

Related Content

V. V. Devi Prasad Kotni, Sujit Kumar Patra, Sunil Kumar. © 2024. 21 pages.
Adekunle Alexander Balogun, Gbenga Olorunmade. © 2024. 15 pages.
Ashwani Sharma, Nitpal Singh Rathod. © 2024. 15 pages.
Peterson K. Ozili. © 2024. 11 pages.
Yusuf Olatunji Oyedeko, Adesola Trust Gbadebo. © 2024. 15 pages.
Oladapo Fepetu, Pelumi Abdulmalik Adewumi. © 2024. 21 pages.
Rifkatu Nghargbu. © 2024. 16 pages.
Body Bottom