Abstract

The model of wellbeing ( maslaha ) comprising the wider field of valuation using inter-variable interaction, their integration and evolutionary learning (IIE-learning processes) is extended from single stage to multiple stages of evolutionary learning processes. This involves a formal understanding via relevant analytics concerning intra-system and inter-system sustainability across intertemporal IIE-learning processes. Throughout such formal modeling of compounded wellbeing functions the episteme of unity of knowledge abides. Important economic and financial implications are derived as in the case of intra-system and inter-system meanings of interest rates and rates of return in reference to the Qur’anic meaning of avoidance of interest rates and the pursuit of morally acceptable and productive possibilities concerning trade. Similar applications can be made using the inter-system formalism of the wellbeing function (maslaha) in Tawhidi knowledge-induced space and time dimensions. Examples given in this case are of the socioeconomic development indexes found in the UNDP literature.

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