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This book is written to demonstrate the Islamic rulings on business and trade. Trade and Islam have a close relation. Islamic rules and regulations regarding trade and commerce are based on equity, justice and rationality. Thirty percent of the Quranic texts deal with Muamilaat [Business Dealings]. Trade was one of the sources of spreading Islam in Central Asia, Africa and China. This book is written the considering the needs of common readers who do not possess any prior knowledge of economics, business, and Islam. They want to understand the fundamental of Islamic trade and commerce. The book will help readers to understand the fundamental teachings of Islam on trade and business. It discusses the various aspects of halal (legitimate) and haram (illegitimate) in business. The book also explains the Islamic rulings on Financial Market, Insurance, Mutual Funds and Real Estate.
Islamic Entrepreneurship by Rasem N. Kayed,M. Kabir Hassan Pdf
This book discusses the idea that there is a specific Islamic form of entrepreneurship. Based on extensive original research amongst small and medium sized enterprises in Saudi Arabia, it shows how businesses are started and how they grow in the context of an Islamic economy and society. It argues that as specific Islamic approaches to a wide range of economic activities are being formulated and implemented, there is indeed a particular Islamic approach to entrepreneurship. Examining the relationship between Islamic values and entrepreneurial activity, the book considers whether such values can be more effectively used in order to raise the profile of Islamic entrepreneurship, and also to promote alternatives to development in the contemporary business environment. The book analyses the nature of entrepreneurship, and the special qualities of Islamic entrepreneurship, and discusses how the Islamic approach to entrepreneurship can be encouraged and developed further still
Islamic Law of Business Organization Partnerships by Imran Ahsan Khan Nyazee Pdf
The author attempts to spell out the Islamic principles on which business enterprise should be based specially in the area of partnership. He displays a strikingly acute awareness of Islamic laws on the subject, matched by an equally striking awareness of the forms of business organization in vogue in the contemporary world. The work represents a serious scholarly effort to sort out complicated questions such as those mentioned above, to enunciate Islamic principles relative to business enterprise, and to apply them in the changed context of present-day business.
Contemporary Discourse of Halal and Islamic Entrepreneurship by Lukman Raimi,Salisu Monsuru Adekunle,Muhammad Salman Shabbir Pdf
This book serves as a valuable resource for Islamic entrepreneurship researchers, Halal scholars, Islamic finance professionals, Halal advocates, and Halal business model consultants in the fast-changing global economy. The thematic focus is not only on Islamic and halal entrepreneurship but also on halal production and consumption, ethics and impact investing in Islamic entrepreneurship, Shariah principles guiding business model innovation and utilisation of disruptive technologies (such as crowdfunding for startups, bitcoin, digital ventures, cryptocurrency, blockchain, among others), Islamic entrepreneurship and SDGs, halalisation and sustainability issues, and emergence of Islamic-Fintech in Muslim majority nations and nations with plural economic systems, including the interface of Islamic and halal entrepreneurship with science, technology, engineering, and mathematics (STEM). At the moment, the working knowledge about Islamic and halal entrepreneurship is at its infancy among Islamic finance professionals, halal consultants, academic researchers, and students nursing the ambition of going into these two fields. Universities, Islamic training academies, and centres are also ill equipped to enrich Islamic and halal curricula with principles and conventional models. One of the proactive ways of breaking financial exclusion, social inequality, and social exclusion caused by apathy and avoidance of Riba, Maysir, and Gharar is by recognising, embracing, and promoting Islamic and halal entrepreneurship among the excluded Muslims and lovers of ethical business models. Overall, this book aims to promote better understanding of Islamic and Halal entrepreneurship in order to assist academics, researchers, practitioners, consultants, and policymakers to improve the growth of Islamic startups and small and medium enterprises (SMEs) by improving social inclusion and financial inclusion and accelerating the attainment of SDG 8 and SDG12.
Major Players in the Muslim Business World by Elnur Salihovic Pdf
Major Players in the Muslim Business World is a comprehensive guide for businessmen, researchers, and students who aim to learn more about the contemporary Muslim business world. Included are facts about the leading countries, companies and business persons in this world, as well as a brief introduction of Islamic principles related to business. Current information about opportunities and leaders in relatively new industries, such as Islamic Finance, Halal and Takaful sectors is also presented. Instead of the partial overview usually provided in competing guides, Major Players in the Muslim Business World offers a complete analysis of the most important topics, including the largest Muslim economies today, Muslim countries with the higest GDP per capita, Muslim companies on the Forbes Global 2000 list and Fortune's Global 500 Companies list, and the Muslim world in contemporary geopolitics.
Author : Rafik Issa Beekun Publisher : International Institute of Islamic Thought (IIIT) Page : 97 pages File Size : 52,5 Mb Release : 1997 Category : Business ethics ISBN : 9781565642423
This book addresses Muslim business community members who have to deal with ethical situations on a day-to-day basis. It gives key principles of management from an Islamic point of view. Its goal is to help Muslims engaged in business to act in accordance with the Islamic system of ethics. The writer’s experience with different Islamic activities give him a practical background that supports and enlightens his academic knowledge in the vital fields of business management and administration.
We are pleased to offer this fifth title in our APTS Press Monograph Series. This is the publication of the author’s doctoral dissertation done through the Concordia Theological Seminary in Fort Wayne, Indiana, USA. The purpose of this series is to give our readers broader access to good scholarship that would otherwise be unavailable outside of the academic community. This is part of our ongoing commitment to discipleship through publishing. Christian mission organizations have enthusiastically embraced “business” as a means of entry for Christian workers who might not otherwise be able to get into these nations, especially MMNs. However, the embracing of business raises some immediate concerns. In light of existing tensions between business and Islam, won’t missions-connected businesses be under the same cloud of conflict? More importantly, isn’t the Gospel put under this cloud, thereby negatively impacting the spread of the kingdom of God? Also, if the business-and-mission companies’ expatriate owners and employees are western (especially American) won’t the conflicts inevitably intensify? And if so, are there ways such entities can be operated in order to minimize the conflict with Islamic sensitivities? This book will address these and other related questions.
Author : Abbas J. Ali Publisher : Edward Elgar Publishing Page : 256 pages File Size : 47,8 Mb Release : 2014-09-26 Category : Business & Economics ISBN : 9781781006733
The book is the most original and comprehensive treatment of business ethics in Islam. It explores the thinking of early Islamic scholars on ethics, whilst encompassing the modern developments in the field. It is aimed at fostering discourse on busines
Islamic Finance: Why It Makes Sense (For You) — Understanding its Principles and Practices, 2nd Edition by Abdullah, Daud Vicary,Chee, Keon Pdf
Islamic finance has been growing faster than conventional finance for most of the past decade. It has done this on a model of finance that rejects interest and promotes profit sharing. How is this possible? Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law. This SECOND EDITION explains and updates how conventional financial products work — from mortgages and leases to trade finance and insurance — before delving into their Islamic versions and contains three new topics on microfinance, the ethical company and wealth successionAbout the Authors Daud Vicary Abdullah has been in the finance and consulting industry for more than 40 years, and has focused solely on Islamic finance since 2002. At Hong Leong Islamic Bank, he was instrumental in transforming an Islamic banking window into a full-fledged Islamic banking subsidiary. Today, he helms INCEIF (International Centre for Education in Islamic Finance), the global university for Islamic finance set up by Bank Negara (Central Bank of Malaysia) in December 2005. He is also a frequent speaker and commentator on matters relating to Islamic finance. Keon Chee is a senior executive in Singapore where he oversees the wills, trusts and corporate services businesses in his firm. He has many years' experience in investment research, derivatives, financial training and insurance. He obtained an MBA from Columbia University and an LL.B (Hons) from the University of London, and enjoys using his broad background in helping clients with their estate planning needs. He is also co-author of the best-selling Make Your Money Work For You.
Entrepreneurship and Management in an Islamic Context by Veland Ramadani,Léo-Paul Dana,Shqipe Gërguri-Rashiti,Vanessa Ratten Pdf
The aim of this volume is to explore entrepreneurship and business from the perspective of Islamic principles, which are usually based on collaboration, teamwork, generosity and altruism. The contributions deal with the confluence of Islamic Principles with entrepreneurial and business ownership characteristics; resource use by entrepreneurs; means of entrepreneurial success, and ethics and social responsibility.
Islam & Business by Mohamed Affandi bin Nik Yusoff (Nik.) Pdf
Islam offers alternative business practices and perspectives, many of which are universal in nature and quite similiar to conventional ones. However, there are some which are different and unique: for example, the principle of partnership and sharing of both profit and loss in Islamic lending. Islam requires a proper balance between commercialism and humanitarianism, and between profit and social responsibility. This balanced approach offers a ready solution to serious current problems of profiteering, consumer exploitation, irresponsible corporate governance, and environmental degradation, Islamic business practices maximize all the positive aspects of business: examples include honest business conduct, reasonable profit, fair competition, and high standard of service culture. Islamic business practices ensure a proper balance between monetary and spirtual profit. It also strengthens economic justice and enhances business harmony.
A study of the application of Islamic law principles to the creation and distribution of wealth. The author discusses the conduct of business in accordance with Islamic principles and examines business practices that offend these principles.
