Islamic rationality of Muslim consumers: new insight from text analytics and Al-Ghazali’s thought
Journal of Islamic Accounting and Business Research
ISSN: 1759-0817
Article publication date: 13 June 2023
Abstract
Purpose
This paper aims to review 69 studies related to Muslim consumer behavior and determine the relationship between these topics and Islamic rationality. In addition, this paper elaborates on Al-Ghazali’s Islamic rationality model.
Design/methodology/approach
A text analytics approach is used to map 69 studies on Muslim consumer behavior. In addition, the historical-critical and inductive approach is used to identify Muslim scholars’ concepts and opinions regarding Islamic rationality, especially Al-Ghazali.
Findings
This study confirms that Muslim consumer behavior is in line with the concept of Islamic rationality proposed by Al-Ghazali. This is evidenced by a strong awareness of Islamic morals and values, which fosters a high commitment to halal products.
Practical implications
The findings of this study will provide essential benefits in the development of Islamic rationality theory, which can then be used as an alternative in explaining Muslim consumer behavior and also can be used as a reference for stakeholders in the industry to mainstream halalfication on products offered in the Muslim market.
Originality/value
The value of originality in this study lies in identifying the relation between Islamic rationality and Muslim consumer behavior, and this effort was confirmed through 69 selected studies related to Muslim consumer behavior.
Keywords
Acknowledgements
This study was carried out with the help of various parties and cannot be parsed one by one. It should be noted that this study was conducted under the direction and guidance of Prof. Dr Basu Swastha Dharmmesta, MBA, and the advice was provided throughout the Islamic Marketing Management lecture in the Doctoral Program of Islamic Economics and Halal Industry at the Graduate School of Universitas Gadjah Mada, Yogyakarta, Indonesia.
Funding: However, the research conducted by the authors is entirely self-funded and has received no financial support from any organisation.
Citation
Sholihin, M. (2023), "Islamic rationality of Muslim consumers: new insight from text analytics and Al-Ghazali’s thought", Journal of Islamic Accounting and Business Research, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JIABR-10-2022-0291
Publisher
:Emerald Publishing Limited
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