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Author: Farhad Nomani Publisher: Zed Books ISBN: Category : Business & Economics Languages : en Pages : 248
Book Description
This major new study examines the central tenets of Islamic economics, both in theory and in practice. The authors pinpoint the uniqueness of the Islamic approach, both in its conception of the world's resources and in its attitude to human endeavour. Their book illuminates the distinctive nature of an economics which is based neither on meeting the demands of the individual consumer, nor on increasing the level of general welfare, but on maximising the pleasure of God. The different schools of Islamic thought are then compared and their interpretations analysed in terms of their approaches to plan and market, centralisation and decentralisation, property rights, profit and social obligation. A detailed historical survey follows of the experience of four very different Muslim countries: Libya, Saudi Arabia, Pakistan and Iran. The authors examine how the implementation of Islamic economic solutions has worked out in reality, often in the context of a tense political situation. They look at the practicality of such solutions in the present day, assessing both their economic performance and their success in guiding society towards the Islamic ideal. The book as a whole allows the reader to grasp the multifarious nature of Islamic thought in economic matters, its contradictory and often contentious character, and the uses to which Islam has been put by governments with clearly diverse aims. Students of economics and of the Middle East will find it a useful guide to the new terms in which an old and fierce debate is being conducted.
Author: Farhad Nomani Publisher: Zed Books ISBN: Category : Business & Economics Languages : en Pages : 248
Book Description
This major new study examines the central tenets of Islamic economics, both in theory and in practice. The authors pinpoint the uniqueness of the Islamic approach, both in its conception of the world's resources and in its attitude to human endeavour. Their book illuminates the distinctive nature of an economics which is based neither on meeting the demands of the individual consumer, nor on increasing the level of general welfare, but on maximising the pleasure of God. The different schools of Islamic thought are then compared and their interpretations analysed in terms of their approaches to plan and market, centralisation and decentralisation, property rights, profit and social obligation. A detailed historical survey follows of the experience of four very different Muslim countries: Libya, Saudi Arabia, Pakistan and Iran. The authors examine how the implementation of Islamic economic solutions has worked out in reality, often in the context of a tense political situation. They look at the practicality of such solutions in the present day, assessing both their economic performance and their success in guiding society towards the Islamic ideal. The book as a whole allows the reader to grasp the multifarious nature of Islamic thought in economic matters, its contradictory and often contentious character, and the uses to which Islam has been put by governments with clearly diverse aims. Students of economics and of the Middle East will find it a useful guide to the new terms in which an old and fierce debate is being conducted.
Author: Hossein Askari Publisher: John Wiley & Sons ISBN: 1118732960 Category : Business & Economics Languages : en Pages : 416
Book Description
Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications. Universities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, Introduction to Islamic Economics brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. Introduction to Islamic Economics provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to Introduction to Islamic Finance, 2E by Iqbal and Mirakhor.
Author: Rauf A. Azhar Publisher: BRILL ISBN: 9004179372 Category : Business & Economics Languages : en Pages : 486
Book Description
This book challenges the interventionist stance of Islamic economics as well as its presumption that "riba" equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, property rights are specifically Islamic, deriving from Qur n and other sources of Islamic law. The book also focuses on the similarities and differences between "riba" and interest, establishes the often neglected connection between the two, and explores the ramifications of this connection for Islamic financial systems.
Author: Mirza Bashir-ud-Din Mahmud Ahmad Publisher: Islam International Publications Ltd ISBN: 1848800894 Category : Business & Economics Languages : en Pages : 162
Book Description
The Economic System of Islam, is an English version of a lecture delivered in Urdu by Hazrat Mirza Bashir-ud-Din Mahmud Ahmad, the Second Khalifah Head of the Ahmadiyya Muslim Community to a gathering of academia in Lahore, Pakistan, in 1945. The book presents a detailed account of the teachings of Islam regarding the system of economics. It demonstrates that economic system of Islam is placed within the broader teachings of Islam, with the objective of attaining the pleasure of Allah and everlasting bliss in the Hereafter. It provides for a healthy and progressive society in which the basic needs of all are met, and incentives for achieving excellence are provided, with due regard to justice and fair play. The lecture then makes a critical evaluation of the economic aspects of Communism. It provides ample evidence that Communism has failed in its pretensions of promoting justice and equality both within its own borders and in international affairs. It brings out serious objections against Communism from a religious point of view, and cites three prophecies about the decline of Communism.
Author: Abbas Mirakhor Publisher: Springer ISBN: 1137537272 Category : Political Science Languages : en Pages : 255
Book Description
This book provides an introduction to the vision of an economic system based completely on the Holy Qur’an—a system defined as a collection of institutions, representing rules of behavior, prescribed by Allah for humans, and the traditions of the Messenger. The authors argue that the main reason for the economic underperformance of Muslim countries and their economies has been non-compliance with the prescribed rules of behavior. Rule non-compliance has been chiefly due to the failure of Muslims to comprehend the Metaframework of the Qur’an and the Archetype Model of the Prophet Mohammad and interpret them in ways compatible with their own generation and time. Askari and Mirakhor believe these rules (institutions), properly adapted to prevailing conditions present what they consider as an ideal economic system.
Author: Sami Al-Daghistani Publisher: Cambridge University Press ISBN: 1108997546 Category : Business & Economics Languages : en Pages : 337
Book Description
Interrogating the development and conceptual framework of economic thought in the Islamic tradition pertaining to ethical, philosophical, and theological ideas, this book provides a critique of modern Islamic economics as a hybrid economic system. From the outset, Sami Al-Daghistani is concerned with the polyvalent methodology of studying the phenomenon of Islamic economic thought as a human science in that it nurtures a complex plentitude of meanings and interpretations associated with the moral self. By studying legal scholars, theologians, and Sufis in the classical period, Al-Daghistani looks at economic thought in the context of Sharī'a's moral law. Alongside critiquing modern developments of Islamic economics, he puts forward an idea for a plural epistemology of Islam's moral economy, which advocates for a multifaceted hermeneutical reading of the subject in light of a moral law, embedded in a particular cosmology of human relationality, metaphysical intelligibility, and economic subjectivity.
Author: Taqī al-Dīn Nabhānī Publisher: ISBN: Category : Economics Languages : ar Pages : 312
Book Description
This Book Explains The Islamic View Of The Economy And Its Objective, How To Own Property And Increase It, Hoe To Spend And Dispose Of It, How To Distribute The Wealth Amongst The Citizens In Society And How To Establish A Balance Within It. It Its Credit, Has Created Amongst Muslims A Great Awareness Of The Economic System In Islam. Contents Covers- 1. Introduction To Economic System, 2. Economy, 3. Types Of Ownership- Private Ownership, 4. The First Means Of Ownership: Work (`Amal), 5. The Work Of The Employee, 6. The Second Means Of Ownership, 7. The Third Means Of Ownership, 8. The Fourth Means Of Ownership, 9. The Fifth Means Of Ownership, 10. The Way To Dispose Of Property, 11. Trading And Manufacturing, 12. The Laws Of Partnership (Companies), 13. Capitalist Companies, 14. The Prohibited Methods Of Increasing Ownership, 15. Right Of Disposal To Spend In Gifts And Maintenance, 16. Public Property (Al-Milkiyyah Al-Ammah), 17. State Property, 18. Nationalised Property Is Neither Public Nor State Property, 19. Secluding (Hima) The Public Benefits/Utilities, 20.Bfactories, 21. Bait Ul Mal (The State Treasury), 22. Distributing Wealth Among The Peoplpe, 23. Riba And Currency Exchange, 24. Money/Currencies (An-Nuqood), 25. Foreign Trade
Author: Sh Taqiuddin An Nabhani Publisher: Createspace Independent Publishing Platform ISBN: 9781539994848 Category : Languages : en Pages : 416
Book Description
This translation of the Arabic work, Nizam al Iqtisad fil Islam by Sheikh Taqiuddin an-Nabahani is one of the only books available in English that addresses the comprehensive economic system of Islam going beyond the subjects of Islamic finance and addresses how Islam tackles the economic problem from its root.At this critical period when capitalist economic system and rules are being fostered over the Muslims globally and Muslim intellectuals are looking for salvation from the western free market model, there is a pressing need for a clear elucidation of the economic system of Islam. This unique book is an intellectual treasure in this respect being the first book this century to produce a crystal clear picture of the Islamic systemIt explain in fine detail topics such as the Islamic view of economy and its objective, the rule of lands, the need for the gold standard and how foreign trade is to be conducted. The sole sources in adopting the rules mentioned in this book are the book of Allah and the Sunnah of his Messenger (Saw) , Ijma'a As-sahabah and Qiyas.The 298 page book also produces an eloquent rebuttal of both the capitalist and socialist system, exposing their defects and contradiction with Islam.The topics covered in the book include:- Types of Ownership - The Means of Owning Property- The First Means of Ownership: Work ('Amal) - Brokerage and Commission Agency - The work of the employee - Inheritance - The Way to Dispose of Property - Increasing Wealth - The Rule of Lands - Reviving Uncultivated Land- Trading and Manufacturing - The Rules of Partnerships (Companies) - Capitalist Companies - Commercial Companies of Joint Liability (Unlimited Liability Companies) - Joint Stock Companies (Share Companies) - Co-operative Societies - Insurance - Prohibited Methods of Increasing Wealth - Public Property - State Property - The State Treasury (Bait al-Mal) - Zakat - Taxes - Distributing Wealth among the People - Riba - Currency Exchange (Sarf) - The Gold Standard - Foreign Trade
Author: Taha Eğri Publisher: Cambridge Scholars Publishing ISBN: 1443879207 Category : Business & Economics Languages : en Pages : 255
Book Description
Studies conducted in the field of Islamic economics lose their relevance over time. Works examining Islamic economics since the 1970s have been co-opted by the existing economic system and have become limited to a large extent, as they are now only concerned with financial transactions. In fact, ""Islamic economics"" as a concept should actually be conceptualized as an alternative economic system. However, because of the financial and commercial transactions implemented in daily economic life ...
Author: Abdul Azim Islahi Publisher: Edward Elgar Publishing ISBN: 1784711381 Category : Religion Languages : en Pages : 134
Book Description
This unique book highlights the contributions made by Muslim scholars to economic thought throughout history, a topic that has received relatively little attention in mainstream economics. Abdul Azim Islahi discusses various ways in which Muslim ideas
Author: Farhad Nomani
Author: Farhad Nomani
Author: Hossein Askari
Author: Rauf A. Azhar
Author: Mirza Bashir-ud-Din Mahmud Ahmad
Author: Abbas Mirakhor
Author: Sami Al-Daghistani
Author: Taqī al-Dīn Nabhānī
Author: Sh Taqiuddin An Nabhani
Author: Taha Eğri
Author: Abdul Azim Islahi