Author: Ahmad Ajaj
Publisher: Springer
ISBN: 9781853337215
Category : Law
Languages : en
Pages : 176

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Book Description

Author: Nabil A. Saleh
Publisher:
ISBN: 9781853334146
Category :
Languages : en
Pages : 160

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Book Description

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.

Author: Sherif Madi Muhammad Madi
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: A. Saeed
Publisher: BRILL
ISBN: 9004661174
Category : Law
Languages : en
Pages : 178

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Book Description
This important book critically examines the traditional interpretation of riba (translated as usury of interest) and the attempts of modern Islamic banks to put that interpretation into practice. The first part of the book examines the prohibition and interpretation of riba in Islam, as well as the controversies surrounding it. The second part examines the alternatives to interest-based financing utilised in Islamic banking and the problems associated with such alternatives with particular focus on mudaraba, musharaka and marabaha. The book questions the legalistic approach to the interpretation of riba and argues for a moral understanding of the issue in the light of the authoritative texts of Islam and the lessons learnt from the Islamic banking experiment.

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.

Author: Abdullah Saeed
Publisher:
ISBN:
Category : Banking law (Islamic law)
Languages : en
Pages : 169

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Book Description

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.

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.

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.