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Author: Zaidi Sattar
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 1565640489
Category : Religion
Languages : en
Pages : 209
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Book Description
The contemporary understanding of economic resources has almost entirely to do with those elements that are capable of meeting, either directly or indirectly, the needs of mankind. These elements, or resources, both human and natural, are the things that every state attempts, as a fundamental principle of progress and prosperity, to preserve, mobilize, and invest. In the Islamic world, in particular, this is an issue that occupies a very basic position in all development strategy and planning; particularly as, in most cases, the Islamic world continues to suffer from backwardness, and from the adverse effects of the colonialization that was itself one of the major reasons for underdevelopment in the spheres of politics, economics, and culture.
Author: Zaidi Sattar
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 1565640489
Category : Religion
Languages : en
Pages : 209
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Book Description
The contemporary understanding of economic resources has almost entirely to do with those elements that are capable of meeting, either directly or indirectly, the needs of mankind. These elements, or resources, both human and natural, are the things that every state attempts, as a fundamental principle of progress and prosperity, to preserve, mobilize, and invest. In the Islamic world, in particular, this is an issue that occupies a very basic position in all development strategy and planning; particularly as, in most cases, the Islamic world continues to suffer from backwardness, and from the adverse effects of the colonialization that was itself one of the major reasons for underdevelopment in the spheres of politics, economics, and culture.
Author: Mr.Mumtaz Hussain
Publisher: International Monetary Fund
ISBN: 1513565621
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.
Author: Imad ad-Dean Ahmad
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 0912463228
Category : Calendar
Languages : en
Pages : 147
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Book Description
Author: Masudul A. Choudhury
Publisher: Routledge
ISBN: 1134714459
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.
Author: Kabir Hassan
Publisher: Edward Elgar Publishing
ISBN: 9781847205414
Category : Business & Economics
Languages : en
Pages : 472
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Book Description
The Handbook of Islamic Banking comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization. M. Kabir Hassan, Mervyn Lewis and the other contributors have created an authoritative and original reference work, which will contribute to a wider understanding of Islamic banking as well as provoking further discussion and research. It will be invaluable to all scholars, researchers and policymakers with an interest in this subject.
Author: Muhammad Akram Khan
Publisher: International Institute of Islamic Thought (IIIT)
ISBN:
Category : Economics
Languages : en
Pages : 178
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Book Description
The contemporary economic systems have failed to solve the economic problems of mankind. The failure. of socialism is too o.bvious to need any documentation. The track record of capitalism is far from being promising. Although a small minority has achieved unprecedentlY high material standards of living, a vast majority lives under conditions of abject PovertY. The problems of unemployment, inflation, poverty amidst affluence, unequal distribution of wealth, frequent bouts of business recession, environmental pollution and ecological imbalance still bedevil man's present life and threaten his future. The present book contends that the Islamic economic order has the potential of ushering in an age of human bliss; and the resources to build a free, just and responsible world for everyone on the earth.
Author: Shafiullah Jan
Publisher: Edward Elgar Publishing
ISBN: 1788116739
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
This book aims to explore and analyse Islamic Moral Economy (IME) as an alternative economic and social system to capitalism and socialism. It proposes a new model of Islamic development, integrating global development within an Islamic framework of spiritual development. It is argued that the failure of Muslim countries to provide basic necessities and an environment free of oppression and injustice can be overcome with this authentic Islamic development framework. In addition, this book can be an important study to identify the theological, political, social and economic boundaries for changing the society to produce IME oriented developmentalism.
Author: Masudul Alam Choudhury
Publisher: Routledge
ISBN: 1317847768
Category : Social Science
Languages : en
Pages : 374
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Book Description
The quest for a systematic unity of the universe in all of its manifestations is a common topic in Western thought. In this book the author shows what Islam can bring to this field of human enquiry. Defining a paradigm of Islamic political economy and world systems, he presents a study of epistemology in the light of general systems derived from the Qur'anic premise. The result is an intellectual endeavour without any dogmatic or reglious and philosophoical enquiry. First published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.
Author: Masudul Alam Choudhury
Publisher: Springer
ISBN: 1349261793
Category : Social Science
Languages : en
Pages : 272
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Book Description
This book is a project toward the continuing theme of the Islamic worldview of economy-society-institution interactions in national and international forums, wherein individual and group preferences are created and sustained by the regeneration of knowledge into higher levels of realising truth. Truth and the medium of knowledge for realising higher levels of truth, are argued to be the only most immutable character of all systems.
Author: Ehsan Ahmed
Publisher: International Institute of Islamic Thought (IIIT)
ISBN: 1565642155
Category : Religion
Languages : en
Pages : 47
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Book Description
This book is a compilation of selected papers presented at the Fifth International Islamic Economics Seminar (1414/1993) jointly sponsored by the International Institute of Islamic Thought and the World Bank. This seminar adopted the theme of "The Role of Private and Public Sectors in Economic Development in an Islamic perspective." This work, which is edited by E. Ahmed, includes M. A. Choudhury's "Why Cannot Neoclassicism Explain Resource Allocation and Development in the Islamic Political Economy", J. Abu-Rashed's "Altruism in the Conduct of the Private and Public Sectors", I. Ahmad's "The Role of Public and Private Sectors in Economic Development in an Islamic Perspective", S.M. Ali Akkas's "Operation of an Islamic Bank Under Conventional Banking Framework: A Comparative Efficiency Analysis", A. Aziz's "Islamic Corporate Finance: A Tool for the Development of Muslim Countries" M. Sh. Ebrahin1's "Theory of Participating Term Certificates: A General Equilibrium Perspective", J. W. Wright's "Muslim Attitudes Towards Islamic Finance: A Review Lecture and an American Survey", S. I. Mahdi's "The Role of Public and Private Sectors in Islamization of the Economy of Iran", A. H. Bashir's "Money and Growth in Islamic Economics: Theory and Evidence" and Sh. M. Safiullah's "New Managers in the Egyptian Public Sectors During the Nasser Era." In all, ten prominent scholars share their valuable in ights on their respective fields in this book.
