Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking

Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking PDF Author: Ahmad Ajaj
Publisher: Springer
ISBN: 9781853337215
Category : Law
Languages : en
Pages : 176

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Book Description

Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking

Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking PDF Author: Ahmad Ajaj
Publisher: Springer
ISBN: 9781853337215
Category : Law
Languages : en
Pages : 176

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Book Description


Unlawful Gain and Legitimate Profit in Islamic Law

Unlawful Gain and Legitimate Profit in Islamic Law PDF Author: Nabil A. Saleh
Publisher:
ISBN: 9781853334146
Category :
Languages : en
Pages : 160

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Nabil A. Saleh, Unlawful Gain and Legitimate Profit in Islamic Law

Nabil A. Saleh, Unlawful Gain and Legitimate Profit in Islamic Law PDF Author: S. M. Hasanuzzaman
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

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Book Description
We begin by giving a summary of the main points. The book is chiefly concerned with prohibitory rules unanimously acknowledged in principle by all Muslims i.e. riba (unlawful advantage by way of excess or deferment) and gharar (uncertainty, risk and speculation). It is also concerned with interest-free banking and mudarabah (commenda partnership). The subject of the book is law not economics.

The Concept of Unlawful Gain and Legitimate Profit in Islamic Law

The Concept of Unlawful Gain and Legitimate Profit in Islamic Law PDF Author: Sherif Madi Muhammad Madi
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Islamic Banking

Islamic Banking PDF Author: Mr.Kangni Kpodar
Publisher: International Monetary Fund
ISBN: 1455205257
Category : Business & Economics
Languages : en
Pages : 30

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Book Description
This paper investigates the determinants of the pattern of Islamic bank diffusion around the world using country-level data for 1992 - 2006. The analysis illustrates that income per capita, share of Muslims in the population and status as an oil producer are linked to the development of Islamic banking, as are economic integration with Middle Eastern countries and proximity to Islamic financial centers. Interest rates have a negative impact on Islamic banking, reflecting the implicit benchmark for Islamic banks. The quality of institutions does not matter, probably because the often higher hurdle set by Shariah law trumps the quality of local institutions in most countries. The 9/11 attacks were not important to the diffusion of Islamic banking; but they coincided with rising oil prices, which are a significant factor in the diffusion of Islamic banking. Islamic banks also appear to be complements to, rather than substitutes for, conventional banks.

Islamic Finance in the Global Economy

Islamic Finance in the Global Economy PDF Author: Ibrahim Warde
Publisher: Edinburgh University Press
ISBN: 0748696474
Category : Religion
Languages : en
Pages : 289

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Book Description
A second edition of Islamic Finance in the Global Economy, substantially revised and updated to take into account the recent developments in the field.

The Lawful and the Prohibited in Islam

The Lawful and the Prohibited in Islam PDF Author: Yusuf al-Qaradawi
Publisher: The Other Press
ISBN: 9670526000
Category : Islam
Languages : en
Pages : 429

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Book Description
Since its first publication in 1960, this famous work by Yusuf al-Qaradawi has enjoyed a huge readership in the Muslim world, and has been translated into many languages. It dispels the ambiguities surrounding the Sharī‘ah to fulfil the essential needs of the Muslims in this age. It clarifies the ḥalāl (lawful) and why it is ḥalāl, and the ḥarām (prohibited) and why it is ḥarām, referring to the Qur’an and the Sunnah of the Prophet. It answers questions which may face the Muslims today, and refutes the ambiguities and lies about Islam. Dr al-Qaradawi delves into the authentic references in Islamic jurisprudence, extracting judgements of interest to contemporary Muslims in the areas of worship, business dealings, family life, food and drink, dress and ornaments, patterns of behaviour, individual and group relations, family and social ethics, habits and social customs.

Contemporary Interpretation of Islamic Law

Contemporary Interpretation of Islamic Law PDF Author: Ahmed Affi
Publisher: Troubador Publishing Ltd
ISBN: 1783062134
Category : Law
Languages : en
Pages : 304

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Book Description
This book does not champion some of the popular misconceptions surrounding Islamic law. It does not advocate stoning to death; amputating the hands of thieves; call for the death penalty for those who leave the fold of Islam; or urge Muslims to save their souls from Hellfire by shunning bank loans for fear of incurring interest. What it does advocate is less sensationalistic, but it is in line with the real interpretation of Islamic law.Contemporary Interpretation of Islamic Law is divided into thirteen chapters. The majority of the chapters concentrate on criminal aspects of Islamic law, while the remainder concern themselves with social issues. Each chapter – where possible – provides background information of the topic under discussion and then proceeds to analyse, examine and critique the contentious parts of the topic, looking at the arguments from all sides and the evidence put forward by each side before arriving at a conclusion. The book is accompanied by a glossary. “Our work differs from other published titles on Islamic law as it takes into account the different aspects of the Qur’an. The Qur’an employs many parables, allegories and metaphors to highlight important messages for Mankind, yet jurists often make the common mistake of either omitting or misinterpreting these devices, resulting in inaccurate and often unlawful rulings which have direct and indirect effects on both Muslims and non-Muslims alike. It is hoped that our work will create a better understanding of the correct interpretation of the Qur’an and Islamic law,” says authors Ahmed Affi and Hassan Affi. Contemporary Interpretation of Islamic Law will appeal to those with an interest is Islam and Islamic law, though no specialist knowledge of Arabic or Islamic law is required.

Islamic Finance

Islamic Finance PDF Author: Usman Hayat
Publisher:
ISBN: 9781934667798
Category :
Languages : en
Pages :

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Islamic Finance in Europe

Islamic Finance in Europe PDF Author: Valentino Cattelan
Publisher: Edward Elgar Publishing
ISBN: 1781002517
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Highlighting the impact of current globalization on financial markets, this topical book challenges the universality of Western property rights and interprets Islamic finance in Europe as part of a plural financial system, where different conceptions of economic justice(s) co-exist and influence each other. The contributing authors analyse key economic development and social integration issues from an Islamic perspective and outline the European approach to accommodating Islamic finance, with particular regard to the peculiarities of individual nation-states. Set in this context, the book presents financial pluralism as a device to enhance a level playing field in the global marketplace, as well as to foster a plural open society. Providing a comprehensive and methodological guide to Islamic finance in Europe, this book will prove an illuminating and informative read for academics, students and policymakers with an interest in the impact on financial regulation of an increasingly globalized world.