Interest In Islamic Economics
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Interest In Islamic Economics
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Author : Abdulkader S. Thomas
language : en
Publisher: Psychology Press
Release Date : 2006
Interest In Islamic Economics written by Abdulkader S. Thomas and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Banking law (Islamic law). categories.
With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba– a definition of which is not given in the Qur’an – is long overdue. This text presents readers with various interpretations of this Islamic economic concept – generally perceived as ‘interest’. Thomas provides a framework for understanding ribaby examining: linguistics classical judicial analysis the historical context modern economics. Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.
Towards An Interest Free Islamic Economic System
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Author : Waqar Masood Khan
language : en
Publisher:
Release Date : 1985
Towards An Interest Free Islamic Economic System written by Waqar Masood Khan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Business & Economics categories.
This text investigates the implications of eliminating "riba" from the financial system and brings the problem into the domain of mainstream economics.
The Causes And Consequences Of Interest Theory
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Author : Cem Eyerci
language : en
Publisher: Springer Nature
Release Date : 2021-07-07
The Causes And Consequences Of Interest Theory written by Cem Eyerci and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-07 with Business & Economics categories.
Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.
The Foundations Of Islamic Economics And Banking
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Author : Abdulrahman Haitham Shoukat Kabbara
language : en
Publisher: Partridge Singapore
Release Date : 2014-05
The Foundations Of Islamic Economics And Banking written by Abdulrahman Haitham Shoukat Kabbara and has been published by Partridge Singapore this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05 with Business & Economics categories.
The first part of this book is designed to display the sources and principles of economics and trade transactions in the Islamic community. It analyzes the judicial injunctions against riba and proves that riba including interest is prohibited. Basing the argument on theoretical (Quran and Sunna) as well as the customary practice during the life of the messenger of God in Mekka and Al-Madina. Notably, the Islamic teachings covers both the worldly and religious affairs. This is a very revealing indication that "Islam" does not only regulate the relations of the human beings with God, but also extends to regulating (i) the relationship of the ruler with the ruled through "al-shura", and (ii) economic and financial transactions in the market. Notable among these transactions: a) the abolition of riba and instigating interest-free economy, (b) providing the basic needs of society, (c) achieving social justice by applying zakat levy and other ordinances, and last but not least inheritance law and redistribution of State land for public benefits. The second and third part of the book explains and proves that prohibition of riba does not circumvent trade or paralyze the economy. On the contrary by eliminating injustice inherent in riba, the banking system will be liberated from discrepancies and the economy will perform more efficiently by mitigating the evils of riba.
Essays In Islamic Economics
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Author : M. Fahim Khan
language : en
Publisher: Islamic Economics S
Release Date : 1995
Essays In Islamic Economics written by M. Fahim Khan and has been published by Islamic Economics S this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Understand the basic concepts of Islamic economics--what it's all about and what it can offer.
Revisiting Islamic Economics
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Author : Nabil El Maghrebi
language : en
Publisher: Springer Nature
Release Date : 2024-01-21
Revisiting Islamic Economics written by Nabil El Maghrebi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-21 with Business & Economics categories.
This book discusses the need for a paradigm shift from Islamic economics universe of discourse to Iqtisād, a socio-economic system that is entirely independent from other economic doctrines and systems of thought. It provides an overview of critiques of the science and dogma of mainstream, orthodox, neoclassical, or simply Economics, with its axioms of rationality, scarcity, and unlimited wants. There is also a critical analysis of Islamic economics, and its failures to set its own policy agenda and development objectives. Our contention in this book is that Iqtisād--the Qur’an’s vision of how the economy is to be arranged—provides such a paradigm with a radically different philosophical foundation from that of Economics to the point that makes grafting one onto the other Impossible. Iqtisād offers a genuine and authentic Islamic paradigm with unique etymological and philosophical foundations. It is a unique system that derives its organizing principles from the principal source of the Quran, rather than Economics. The logical coherence of its immutable system of rules compliance, institutional structures, and risk-sharing relations provides the foundations for economic dynamism, financial stability, and shared prosperity. It ensures that resources are efficiently managed, poverty is eradicated, income and wealth mal-distributions are corrected, and the internal sources of economic injustices gripping human societies are eliminated. The Impossibility Theorem proposed in this book implies that, metaphysically, ontologically, epistemologically, axiologically, and teleologically, the two polar cases of Iqtisād and Economics are so radically different to rule out any grafting of one onto the other in order to present an intermediate paradigm with a synthetic discipline called Islamic economics. Given its multidisciplinary contents, this book will be of interest to a wide audience, including economists, policymakers, philosophers, theologians, and jurists, and can guide also free-thinking readers to a clarity of understanding about the conditions of humanity and the imperative of change with a sincerity of purpose and coherence in knowledge.
Economics Of An Islamic Economy
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Author : Rauf A. Azhar
language : en
Publisher: BRILL
Release Date : 2010
Economics Of An Islamic Economy written by Rauf A. Azhar and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
This book challenges the interventionist stance of Islamic economics as well as its presumption that "riba" equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, property rights are specifically Islamic, deriving from Qur n and other sources of Islamic law. The book also focuses on the similarities and differences between "riba" and interest, establishes the often neglected connection between the two, and explores the ramifications of this connection for Islamic financial systems.
Introduction To Islamic Banking And Finance An Economic Analysis
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Author : M Kabir Hassan
language : en
Publisher: World Scientific
Release Date : 2020-08-12
Introduction To Islamic Banking And Finance An Economic Analysis written by M Kabir Hassan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-12 with Business & Economics categories.
This book, Introduction to Islamic Banking and Finance: An Economic Analysis, covers the basic principles of Islamic economics and finance. It discusses both the theory of Islamic economics and finance as well as the applications in the design of instruments of finance as well as Islamic financial institutions. The book enables its readers to gain an understanding of the structures and operations of Islamic banking, Islamic capital market investments, risk management, and taxation for Islamic banking contracts.The book sets forth the following objectives:
Islamic Economics
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Author : Ahmed El-Ashker
language : en
Publisher: BRILL
Release Date : 2006-10-01
Islamic Economics written by Ahmed El-Ashker and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-01 with Social Science categories.
This comprehensive survey of Islamic economic thought covers the development of ideas from the early Muslim jurists to the period of the Umayyads and Abbasids. The economic concerns of the Ottomans, Safawids and Moghuls are examined, as is the profusion of more recent writing.
Islamic Finance
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Author : P. Mills
language : en
Publisher: Springer
Release Date : 1999-08-04
Islamic Finance written by P. Mills and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08-04 with Business & Economics categories.
Given the propensity of the world financial system to crisis, this book explores the radical alternative put forward by Islamic (and Western) theories of non-interest banking. The Islamic critique of interest and early experiments with non-interest banking are assessed against the conventional theories regarding banking, company finance and macroeconomic stability. Whilst the experience of Islamic banking has proved inconclusive thus far, the theoretical model provides a cogent alternative to a financial system made fragile by debt contracts.