Islam and the Economic Challenge

Islam and the Economic Challenge PDF Author: M. Umer Chapra
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 0860372170
Category : Business & Economics
Languages : en
Pages : 91

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Book Description
What kind of economic policy package do Islamic teachings imply? This book seeks to answer this and other related questions.

Islam and the Economic Challenge

Islam and the Economic Challenge PDF Author: M. Umer Chapra
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 0860372170
Category : Business & Economics
Languages : en
Pages : 91

Get Book Here

Book Description
What kind of economic policy package do Islamic teachings imply? This book seeks to answer this and other related questions.

Islam and the Moral Economy

Islam and the Moral Economy PDF Author: Charles Tripp
Publisher: Cambridge University Press
ISBN: 1139457152
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
How do modern Muslims adapt their traditions to engage with today's world? Charles Tripp's erudite and incisive book considers one of the most significant challenges faced by Muslims over the last sixty years: the challenge of capitalism. By reference to the works of noted Muslim scholars, the author shows how, faced by this challenge, these intellectuals devised a range of strategies which have enabled Muslims to remain true to their faith, whilst engaging effectively with a world not of their own making. The work is framed around the development of their ideas on Islamic socialism, economics and the rationale for Islamic banking. While some Muslims have resorted to confrontation or insularity to cope with the challenges of modernity, most have aspired to innovation and ingenuity in the search for compromise and interaction with global capitalism in the twenty-first century.

Beyond Debt

Beyond Debt PDF Author: Daromir Rudnyckyj
Publisher: University of Chicago Press
ISBN: 022655208X
Category : Social Science
Languages : en
Pages : 272

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Book Description
Recent economic crises have made the centrality of debt, and the instability it creates, increasingly apparent. This realization has led to cries for change—yet there is little popular awareness of possible alternatives. Beyond Debt describes efforts to create a transnational economy free of debt. Based on ethnographic fieldwork in Malaysia, Daromir Rudnyckyj illustrates how the state, led by the central bank, seeks to make the country’s capital Kuala Lumpur “the New York of the Muslim world”—the central node of global financial activity conducted in accordance with Islam. Rudnyckyj shows how Islamic financial experts have undertaken ambitious experiments to create more stable economies and stronger social solidarities by facilitating risk- and profit-sharing, enhanced entrepreneurial skills, and more collaborative economic action. Building on scholarship that reveals the impact of financial devices on human activity, he illustrates how Islamic finance is deployed to fashion subjects who are at once more pious Muslims and more ambitious entrepreneurs. In so doing, Rudnyckyj shows how experts seek to create a new “geoeconomics”—a global Islamic alternative to the conventional financial network centered on New York, London, and Tokyo. A groundbreaking analysis of a timely subject, Beyond Debt tells the captivating story of efforts to re-center international finance in an emergent Islamic global city and, ultimately, to challenge the very foundations of conventional finance.

Journey into America

Journey into America PDF Author: Akbar Ahmed
Publisher: Rowman & Littlefield
ISBN: 0815704402
Category : Religion
Languages : en
Pages : 546

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Book Description
Nearly seven million Muslims live in the United States today, and their relations with non-Muslims are strained. Many Americans associate Islam with figures such as Osama bin Laden, and they worry about “homegrown terrorists.” To shed light on this increasingly important religious group and counter mutual distrust, renowned scholar Akbar Ahmed conducted the most comprehensive study to date of the American Muslim community. Journey into America explores and documents how Muslims are fitting into U.S. society, placing their experience within the larger context of American identity. This eye-opening book also offers a fresh and insightful perspective on American history and society. Following up on his critically acclaimed Journey into Islam: The Crisis of Globalization (Brookings, 2007), Ahmed and his team of young researchers traveled for a year through more than seventyfive cities across the United States—from New York City to Salt Lake City; from Las Vegas to Miami; from the large Muslim enclave in Dearborn, Michigan, to small, predominantly white towns like Arab, Alabama. They visited homes, schools, and over one hundred mosques to discover what Muslims are thinking and how they are living every day in America. In this unprecedented exploration of American Muslim communities, Ahmed asked challenging questions: Can we expect an increase in homegrown terrorism? How do American Muslims ofArab descent differ from those of other origins (for example, Somalia or South Asia)? Why are so many white women converting to Islam? How can a Muslim become accepted fully as an “American,” and what does that mean? He also delves into the potentially sticky area of relations with other religions. For example, is there truly a deep divide between Muslims and Jews in America? And how well do Muslims get along with other religious groups, such as Mormons in Utah? Journey into America is equal parts anthropological research, listening tour, and travelogue. Whereas Ahmed’s previous book took the reader into homes, schools, and mosques in the Muslim world, his new quest takes us into the heart of America and its Muslim communities. It is absolutely essential reading for anyone trying to make sense of America today.

Public Finance in Islam

Public Finance in Islam PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451960980
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all citizens. The paper deals with issues related to evolution of fiscal policies best suited to achieve this and other Islamic socio-economic objectives in the specific framework of Islamic teachings. The implications of such a system for growth, monetary stability, resource allocation, and pattern of income distribution are also examined.

Western Dominance and Political Islam

Western Dominance and Political Islam PDF Author: Khalid B. Sayeed
Publisher: SUNY Press
ISBN: 9780791422663
Category : Social Science
Languages : en
Pages : 210

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Book Description
This book challenges prevalent Western media and popular interpretations of Islam. Through a political and historical analysis of Saudi Arabia, Iran, and Pakistan—countries that represent the religious, ethnic, and ideological spectrum of the Muslim world—it explores whether or not Islam as a political religion and civilization can provide a preferable alternative to Western capitalist democracy. Sayeed argues that although Islamic fundamentalism, particularly in its militant and violent form, lacks the potential to become such a system, some of the major Islamic ideas, if reinterpreted and reformulated, can provide a viable alternative to Western political and economic dominance, especially in the Middle and Near East.

Muslim Civilization

Muslim Civilization PDF Author: M. Umer Chapra
Publisher: Kube Publishing Ltd
ISBN: 0860376060
Category : Religion
Languages : en
Pages : 249

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Book Description
"[This is] a subject of such relevance and importance that one wonders why nobody else dealt with it in book form before."—Dr. Wilfried Hofmann Muslim civilization has experienced a decline during the last five centuries after previously having undergone a long period of prosperity and comprehensive development. This raises a number of questions such as what factors enable Muslims to become successful during the earlier centuries of Islam and what led them to their present weak position. Is Islam responsible for this decline or are there some other factors which come into play? M. Umer Chapra provides an authoritative diagnosis and prescription to reverse this decline. M. Umer Chapra is a research advisor at the Islamic Research and Training Institute of the Islamic Development Bank, Jeddah, and author of The Future of Economics and Islam and the Economic Challenge.

Islamic Economics

Islamic Economics PDF Author: Ahmed El-Ashker
Publisher: BRILL
ISBN: 9047409620
Category : Social Science
Languages : en
Pages : 467

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Book Description
The study covers Muslim economic thought from the emergence of Islam, long before economics became a separate discipline with distinctive analytical tools. The economic environment in ancient Arabia from which Islam emerged is examined, and the economic concepts in the Qur'ān and Sunnah are discussed, as well as the thinking of early Muslim jurists. Detailed consideration is given to Islamic economic thought during the dynasties of the Umayyads and the Abbasids, periods of administrative and economic reform, as well as of much latter developments under the Ottomans, Safawids and Moghuls. Islamic revivalist reform movements are appraised, as these predated the reawakening of interest in Islamic economics in the last century, and subsequent profusion of writing, with the works of the leading contributors reviewed in this volume.

Pancasila and the Challenge of Political Islam

Pancasila and the Challenge of Political Islam PDF Author: Leo Suryadinata
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814818674
Category : Religion
Languages : en
Pages : 28

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Book Description
Islam has become an important symbol in post-Suharto Indonesia, and political figures or parties feel they cannot afford to be seen to be against the religion or be considered unfriendly to it. Islamism emerges to challenge Pancasila (or cultural pluralism) again. Islamists already challenged Pancasila soon after Indonesian independence. But during that initial era under Sukarno, this challenge was already under control. Under Suharto, Pancasila as an ideology was effectively used to govern Indonesia, and political Islam was suppressed. However, Suharto began to co-opt Islamic political leaders during the last decade of his rule. Religious Islam grew significantly during the Suharto era and would gradually transform itself into political Islam after Suharto’s fall. Nevertheless, the electoral strength of “Islamic political parties” remained relatively low. But since then, Islam has been used as an effective tool to undermine political rivals. The pluralists who are now in power continue to promote Pancasila, and combining with moderate Islamic organizations and through laws and regulations, have tried to hinder the further development of Islamist organizations. The future of Pancasila depends on whether the Indonesian government and other pluralist forces are able to control the Islamists and provide political stability and economic development in the country.

Integrating Islam

Integrating Islam PDF Author: Jonathan Laurence
Publisher: Rowman & Littlefield
ISBN: 0815751524
Category : Religion
Languages : en
Pages : 365

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Book Description
Nearly five million Muslims call France home, the vast majority from former French colonies in North Africa. While France has successfully integrated waves of immigrants in the past, this new influx poses a new variety of challenges—much as it does in neighboring European countries. Alarmists view the growing role of Muslims in French society as a form of "reverse colonization"; they believe Muslim political and religious networks seek to undermine European rule of law or that fundamentalists are creating a society entirely separate from the mainstream. Integrating Islam portrays the more complex reality of integration's successes and failures in French politics and society. From intermarriage rates to economic indicators, the authors paint a comprehensive portrait of Muslims in France. Using original research, they devote special attention to the policies developed by successive French governments to encourage integration and discourage extremism. Because of the size of its Muslim population and its universalistic definition of citizenship, France is an especially good test case for the encounter of Islam and the West. Despite serious and sometimes spectacular problems, the authors see a "French Islam" slowly replacing "Islam in France"–in other words, the emergence of a religion and a culture that feels at home in, and is largely at peace with, its host society. Integrating Islam provides readers with a comprehensive view of the state of Muslim integration into French society that cannot be found anywhere else. It is essential reading for students of French politics and those studying the interaction of Islam and the West, as well as the general public.