Islamic Commmercial Law and Economic Development

Islamic Commmercial Law and Economic Development PDF Author:
Publisher: Islamic Commercial Law...
ISBN: 1933037091
Category :
Languages : en
Pages : 68

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Book Description

Islamic Commmercial Law and Economic Development

Islamic Commmercial Law and Economic Development PDF Author:
Publisher: Islamic Commercial Law...
ISBN: 1933037091
Category :
Languages : en
Pages : 68

Get Book Here

Book Description


Islamic Commercial Law

Islamic Commercial Law PDF Author: Muhammad Yusuf Saleem
Publisher: John Wiley & Sons
ISBN: 1118504062
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
A concise study of the practices in Islamic commercial law Filling a gap in the current literature, Islamic Commercial Law is the only book available that combines the theory and practice of Islamic commercial law in an English-language text. From the experts at the International Islamic University Malaysia, the book examines the source materials in the Qur'an and Hadith, and highlights the views and positions of leading schools of Islamic law, without burying the reader in juristic minutia. It combines theory with practice to address the needs of students while providing a pragmatic treatment of Islamic contracts. It provides diagrams for individual contracts to reveal the type and nature of the contractual relationships between parties and discusses all types of fundamental transactions, including sales, loans, debt transfers, partnerships, and more. Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic finance Closes a vital gap in the English-language literature on Islamic commercial law Features end-of-chapter questions to enable self-testing and provoke critical thinking An ideal guide for current students, researchers, and practitioners, Islamic Commercial Law offers a concise yet comprehensive coverage of the subject.

Economic Development and Islamic Finance

Economic Development and Islamic Finance PDF Author: Zamir Iqbal
Publisher: World Bank Publications
ISBN: 0821399535
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

Islamic Commercial Law

Islamic Commercial Law PDF Author: Mohamed H. Reda
Publisher: BRILL
ISBN: 9004344462
Category : Law
Languages : en
Pages : 218

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Book Description
Islamic Commercial Law: Contemporariness, Normativeness and Competence offers new perspectives on why for centuries Islamic commercial law has been perceived as arbitrary and unpredictable, and on its evolution to a contemporary, consistent, reliable and credible body of law. The book also examines why Western positivists have viewed Islamic commercial law in a simplistic or archaic religious framework and counters those arguments with an examination of its normative legal qualities. The work analyses the competencies of Fiqh (jurisprudence) for structuring new financial instruments, and restructuring conventional financial products more equitability.

Islamic Finance and Law

Islamic Finance and Law PDF Author: Maha-Hanaan Balala
Publisher: Bloomsbury Publishing
ISBN: 085771905X
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Islamic commercial and financial practice has not experienced the trial-and-error style of development that has characterised the development of the common law in the English-speaking world. Many of the principles, rules and practices prevalent in the Islamic law of contract, commerce, finance and property remain the same as those outlined by the Quran and the Prophet Muhammad, and expounded by scholars of jurisprudence as far back as the 13th century, despite the advancement in time and sophistication of commercial interaction. Hanaan Balala here demonstrates how, in order to bridge the gap between the principles outlined by the Quran and the Prophet in the 7th century and commercial practice in the 21st century, Islamic finance jurisdictions need to open themselves to learning from the experience (including the mistakes) of the English common law. 'Islamic Finance and Law: Theory and Practice in a Globalized World' provides an analysis of the fundamental principles underlying the Islamic law of contract and commercial practice in comparison with their equivalents in common law in the English-speaking world. It seeks to draw parallels (and differences where appropriate) to facilitate the growth and development of Islamic commercial and financial law globally.

Islamic Commercial Law in Contemporary Economics

Islamic Commercial Law in Contemporary Economics PDF Author: Robert Dickson Crane
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 137

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Book Description
Partial Contents: Policy Context; Islamic Economics; Socio-Political Context; Commercial Law for Americans in the Middle East; Islamic Banking; Strategy and Tactics of Implementation; Problems and Prospects for Solution; Fraud and Ignorance; Black Market Interest; Compatibility of Related Laws; Non-Investment Transactions; Competitiveness; Security; Liquidity and Credit Management; Public Sector Banking; Foreign Transactions and International Cooperation; ZAKAT; Beneficiaries; Collection; Submission to God; Distributive Justice; Economic Growth; and Education.

The Long Divergence

The Long Divergence PDF Author: Timur Kuran
Publisher: Princeton University Press
ISBN: 1400836018
Category : Business & Economics
Languages : en
Pages : 422

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Book Description
How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind—in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions. Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life—including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies—all characteristic of the region's economies today and all legacies of its economic history—will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

Studies in Islamic Commercial Law & Ottoman Land Law

Studies in Islamic Commercial Law & Ottoman Land Law PDF Author: Servet Armagan
Publisher: IUR Press
ISBN: 9081726420
Category : Law
Languages : en
Pages : 144

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Book Description
This book is a humble essay on some topics in Islamic law. It is divided into two main parts. The first part presents some legal studies carried out by a jurist in Islamic commercial law. The second part takes up land law in the Ottoman Empire. Nonetheless, we should admit that one of the most obvious features of the Ottoman Empire was its wide territory and characteristics of its administration. The Ottoman Empire lasted for more than 600 years and extended across three continents: Asia, Africa, and Europe. Economically, this worlwide empire, known as the “Pact Ottomana” is important for the Ottoman treasury. The land law of the Ottoman Empire can be a model for Islamic countries today, both with respect to administration and economics (the latter is very important). These countries should adopt the land system of the Ottoman Empire, and this book will elucidate the main justifications and reasons for this claim.

Contemporary Issues in Islamic Law, Economics and Finance

Contemporary Issues in Islamic Law, Economics and Finance PDF Author: Flavia Cortelezzi
Publisher: Taylor & Francis
ISBN: 1000689131
Category : Business & Economics
Languages : en
Pages : 197

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Book Description
This book explores how Islam can impact the structures and performance of firms, financial institutions and capital markets across a range of countries and industries. The Islamic finance industry represents an important reality not only because of the oil wealth of the Gulf states, which have fueled demand for such financial services, but also for an increased demand from a growing Muslim population in the West that aspires to express a full and all-inclusive religious identity. The increased demand for Muslim financial institutions has prompted Western non-Islamic firms to begin providing these services in an interesting effort of acculturation to the new plural scenario. By adopting a multidisciplinary approach, which also takes into account the theological, legal and geopolitical framework, the book offers a comprehensive picture of Islamic financial tools, contracts and business opportunities. Drawing on different fields of expertise, it deals with various themes, such as the theological roots of Islamic economics and finance and its geopolitical impact; the EU policy of cooperation with MENA and GCC countries; the instruments of Islamic finance, its legal principle and ability to become an instrument for enhancing business opportunities; the functioning of Islamic banks; the development of capital markets within a financial model influenced by religious constraints and, finally, the new relationships of this religious financial system with Western legal systems. The book thus provides a complete and extensive overview of the practice of Islamic finance through the lenses offered by studies of economics and management. Providing a careful analysis and an integrated framework of geo-economic and political issues, the book will be a valuable resource for academics, researchers and professionals in International Business, Entrepreneurship and Small Business Management, Law and Religion and Intercultural Studies.

Islamic Sustainable Finance, Law and Innovation

Islamic Sustainable Finance, Law and Innovation PDF Author: Nadia Mansour
Publisher: Springer Nature
ISBN: 3031278607
Category : Business & Economics
Languages : en
Pages : 549

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Book Description
This volume discusses the role and characteristics of Islamic finance and how it can contribute to a sustainable financial system. Islamic finance is not only for the 1.5 billion Muslims. Several countries are interested in it because it has interesting characteristics in terms of transparency and banking regulation. Although the origins of Islamic finance date back several centuries, its resurgence is relatively recent. From its modern beginnings in Egypt and Malaysia, Islamic finance is now a growing sector and its recent performance contrasts with that of conventional banks. Rapid growth and innovation are transforming the sector, driving economic development in an increasing number of jurisdictions, while also increasing the number of new opportunities and challenges. Today, with the problem of climate change and its adverse effects on the whole world, the flexibility of Islamic finance concerning the operations available to those who wish to finance the development of infrastructure, makes this area crucial for sustainable finance.