ISLAMICITY OF BANKING AND MODES OF ISLAMIC BANKING
ISLAMICITY OF BANKING AND MODES OF ISLAMIC BANKING By: DR. MUHAMMAD ANWAR
Read MoreISLAMIC FINANCE:AN EFFICIENT & EQUITABLE OPTION
ISLAMIC FINANCE AN EFFICIENT & EQUITABLE OPTION By: Dr. Mabid Ali Al-Jarhi Source: http://www.developmentandfaith.org/uploaded-files/research-archives-pdf/1214327934.mabid.pdf
Read MoreISLAMIC BANKING AND FINANCE: ASSESSING THE NEED OF THE PRESENT AND THE FUTURE
ISLAMIC BANKING AND FINANCE ASSESSING THE NEED OF THE PRESENT AND THE FUTURE By: Zaman, M. Raquibuz Source: http://www.globalwebpost.com/farooqm/study_res/i_econ_fin/zaman_oxford.doc
Read MoreDEPOSITORS’ BEHAVIOR AND ECONOMIC CONDITION LEADING TO LIQUIDITY RISK PROBLEM IN ISLAMIC BANKING INDUSTRY
DEPOSITORS' BEHAVIOR AND ECONOMIC CONDITION LEADING TO LIQUIDITY RISK PROBLEM IN ISLAMIC BANKING INDUSTRY By: Rifki Ismal SOURCE: http://www.crrconference.org/downloads/ismal.pdf
Read MoreISLAMIC FINANCE: A WESTERN PERSPECTIVE – REVISITED
ISLAMIC FINANCE A WESTERN PERSPECTIVE – REVISITED By: Mohammad Ziaul Hoque and Masudul Alam Choudhury Source: http://www.nzibo.com/IB2/WesternPersp.pdf
Read MoreEconomic System of Islam and Its Effect on Growth and Development of Entrepreneurship
Economic System of Islam and Its Effect on Growth and Development of Entrepreneurship By: Alina Zapalska, Dallas Brozik, Steve Shuklian
Read MoreOptimal Islamic Monetary Policy Rule for Malaysia: The Svensson’s Approach
Optimal Islamic Monetary Policy Rule for Malaysia The Svensson’s Approach By: Pei-Tha Gan & Han Yu Source: http://www.eurojournals.com/irjfe_30_12.pdf
Read More“Creditors have better memories than Debtors”
“Creditors have better memories than Debtors” The proverb in the title has an unfortunate reality. Many Muslims are finding themselves increasingly in debt. Creditors have to persistently remind the debtor of the loan they have ‘forgotten’ to pay. It is extremely rare, that you find the debtor reminding the creditor of
Read MoreThe prohibition of Insurance in Islam
The prohibition of Insurance in Islam The following is a translation of a section from the excellent book 'The Economic System of Islam' by Sheikh Taqi ud-deen an-Nabhani. Insurance (Ta’meen) Insurance whether on life, goods, property or any of its numerous types is a contract. It is a contract between the insurance company
Read MoreAll Bribery is Haram (Forbidden)
All Bribery is Haram (Forbidden) The following is an extract from the draft translation of the book 'Shaksiyyah Islamiyyah' (The Islamic Personality) Volume 2 by Sheikh Taqiuddin an-Nabhani: Whoever possesses an authority/competence (salahiyya) which obliges upon him to fulfil a benefit among the people’s benefits, then the money which he takes in
Read MoreRethinking Intellectual Property
Rethinking Intellectual Property By Dr Abdullah Robin New Civilisation Magazine Dr Abdullah Robin looks at innovation and economic growth in a knowledge based economy and traces the development of the concept of intellectual property from its capitalist origins as a monopoly right through its transformation into an allegedly universal concept of property in
Read MoreThe Significance of Zakah
The Significance of Zakah The word zakah is derived from its Arabic verbal root, meaning to increase, to purify, and to bless. The origin of the Islamic rule is in the Qur'an where Allah (Subhanahu wa ta’aala) commands: خُذْ مِنْ أَمْوَالِهِمْ صَدَقَةً تُطَهِّرُهُمْ وَتُزَكِّيهِم بِهَا "Take sadaqah (sadaqah) from their property in order
Read MoreThe Laws of Partnerships (Companies) in Islam
The Laws of Partnerships (Companies) in Islam Company (ash-sharika) linguistically means mixing two or more shares together such that neither can be distinguished from the other. Company in Shar'a is a contract between two or more persons, in which they agree to perform financial work with the intention of making profit.
Read MoreThe Role of Contracts in Islam
The Role of Contracts in Islam Throughout history Muslims have been renowned traders. Many of the Sahabah (ra) were shrewd businessmen. Indeed, trading is an issue that has been implicitly and explicitly encouraged in the Qur'an and Sunnah. ''O you who believe! Eat not up your property among yourselves in vanities: But
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