Tawhidic paradigm and economic policies on halal tourism for sustainable wealth creation in Malaysia

Mhd. Sarif, Suhaimi and Ismail, Yusof (2015) Tawhidic paradigm and economic policies on halal tourism for sustainable wealth creation in Malaysia. In: International Conference on Natural Resources, Tourism And Services Management 2015, 14-16 April 2015, Promenade Hotel, Kota Kinabalu, Sabah.

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Abstract

This study examines the perceived effects of Tawhidic paradigm on economic policies in relation to the promotion of the growth of halal tourism industry for sustainable wealth creation in Malaysia. Tawhidic paradigm offers economic policy thinking that is guided by the principles of Qur’an and Sunnah in formulating and implementing policy blueprints and instruments. In contrast, the current policy thoughts are guided by market forces and sentiments which contribute to speculative uncertainties. A proposed index of Tawhidic paradigm policy thinking and process is developed to ascertain the level of intensity of Tawhidic based policy thinking and practices at three levels - policy making, implementation and evaluation. This study uses personal interviews with economic policy makers, key representatives from halal industry trade associations, and selected halal tourism operators. Preliminary findings disclose that the economic policies on halal tourism reflect some levels of Tawhidic paradigm but nevertheless inadequate to sustain wealth creation.

Item Type:	Conference or Workshop Item (Full Paper)
Additional Information:	3328/42710
Uncontrolled Keywords:	Tawhidic paradigm, Halal tourism, Wealth, Malaysia
Subjects:	H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5387 Business ethics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User:	Dr Suhaimi Mhd Sarif
Date Deposited:	12 May 2015 10:51
Last Modified:	12 May 2015 10:51
URI:	http://irep.iium.edu.my/id/eprint/42710

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