Islamic Economic Studies

Author : Ahsan Shafiq
Publisher : Routledge
Page : 196 pages
File Size : 46,8 Mb
Release : 2022-03-31
Category : Business & Economics
ISBN : 9781000567397

Get Book

Institutional Islamic Economics and Finance by Ahsan Shafiq Pdf

Institutional economics claims that institutions and policies rather than the size of labour force, technology or capital investment are pivotal for growth or under-development. In this regard there are two kinds of institutions: external institutions expressed in the form of laws, organisations, regulations, companies, banks and the like and internal institutions, which are found in the hearts and consciences of individuals. Against this backdrop, this book acquaints readers with the basic concepts related to institutional economics. It then brings to light the theoretical concepts related to the institutional perspectives on Islamic economics, particularly highlighting areas where Islamic economic institutions lay at the crossroads with conventional ones. The book also ref lects upon the organisational arrangements that comply with the basic tenets of Islamic institutional economics. Further, it brings a collection of real-world case studies into discussion to show the models of Islamic institutions that are pragmatic in today’s business environment. The book contains novel dimensions on the subject, includes conceptual debates as well as practical examples and explores hot topics such as waqf and fintech from an Islamic perspective. This is the first book to exclusively cover this topic and is written by well-known and respected international economists from the field. Since the book is written in an accessible style and the concepts are expressed in plain language, it will find an audience among academics, researchers and students in economics and Islamic economic studies, as well as policymakers and professionals engaged in the Islamic finance industry, seeking to make their services and products conform to an Islamic institutional perspective.

Author : Khurshid Ahmad
Publisher : Islamic Foundation
Page : 390 pages
File Size : 40,8 Mb
Release : 1980
Category : Economics
ISBN : 0860370674

Get Book

Studies in Islamic Economics by Khurshid Ahmad Pdf

These papers present a picture of the growth of Islamic economics, money, interest and quirad, interest-free banking, fiscal policy and zakat.

Author : Mohd Ma'Sum Billah
Publisher : Routledge
Page : 414 pages
File Size : 52,8 Mb
Release : 2022-03-10
Category : Business & Economics
ISBN : 9781000540185

Get Book

Teaching and Research Methods for Islamic Economics and Finance by Mohd Ma'Sum Billah Pdf

Methods and techniques adopted in teaching, training, learning, research, professional development, or capacity building are generally standardized across most traditional disciplines, particularly within developing countries. This is not the case, however, when it comes to the Islamic disciplines, and, in particular, in relation to the study of Islamic economics and finance, which is influenced by conventional standards and techniques. This is primarily due to the lack of availability of the requisite standards and mechanisms designed within the spirit of Maqsid al-Shari’ah. This book offers a unique resource and a comprehensive overview of the contemporary methods and smart techniques available for teaching, learning, and researching Islamic eco-finance, and it presents solutions to the challenges in implementing them. Further, the book gives deep insight into the most appropriate methodologies that could be employed empirically to explore, model, analyze, and evaluate Islamic finance theories and models, respectively. It also gives recommendations for improving learning, teaching, and research outcomes in Islamic eco-finance. The book also addresses how, in this advanced technological era, smart tools like artificial intelligence, machine learning, big data, Zoom, and the internet of things can be adapted to help equip students, researchers, and scholars with smart skills. The book will enable those studying Islamic economics and finance to grasp the appropriate tools for research and learning. Additionally, the Islamic economics and finance sector is growing at a significant rate and therefore requires the upskilling and capacity building of its human resources; thus, the book will also be highly beneficial for practitioners involved in the industry.

Author : Anonim
Publisher : Unknown
Page : 140 pages
File Size : 49,9 Mb
Release : 2001
Category : Banks and banking
ISBN : STANFORD:36105131531217

Get Book

Islamic Economic Studies by Anonim Pdf

Author : Rauf A. Azhar
Publisher : BRILL
Page : 486 pages
File Size : 48,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 9789004179370

Get Book

Economics of an Islamic Economy by Rauf A. Azhar Pdf

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 : Ahmed El-Ashker,Rodney Wilson
Publisher : BRILL
Page : 467 pages
File Size : 52,9 Mb
Release : 2006-10-01
Category : Social Science
ISBN : 9789047409625

Get Book

Islamic Economics by Ahmed El-Ashker,Rodney Wilson Pdf

This comprehensive survey of Islamic economic thought covers the development of ideas from the early Muslim jurists to the period of the Umayyads and Abbasids. The economic concerns of the Ottomans, Safawids and Moghuls are examined, as is the profusion of more recent writing.

Author : Zamir Iqbal,Tarik Akin,Nabil El Maghrebi,Abbas Mirakhor
Publisher : Walter de Gruyter GmbH & Co KG
Page : 723 pages
File Size : 46,8 Mb
Release : 2020-08-10
Category : Business & Economics
ISBN : 9783110587920

Get Book

Handbook of Analytical Studies in Islamic Finance and Economics by Zamir Iqbal,Tarik Akin,Nabil El Maghrebi,Abbas Mirakhor Pdf

This handbook offers a unique and original collection of analytical studies in Islamic economics and finance, and constitutes a humble addition to the literature on new economic thinking and global finance. The growing risks stemming from higher debt, slower growth, and limited room for policy maneuver raise concerns about the ability and propensity of modern economies to find effective solutions to chronic problems. It is important to understand the structural roots of inherent imbalance, persistence-in-error patterns, policy and governance failures, as well as moral and ethical failures. Admittedly, finance and economics have their own failures, with abstract theory bearing little relation with the real economy, uncertainties and vicissitudes of economic life. Economic research has certainly become more empirical despite, or perhaps because of, the lack of guidance from theory. The analytics of Islamic economics and finance may not differ from standard frameworks, methods, and techniques used in conventional economics, but may offer new perspectives on the making of financial crises, nature of credit cycles, roots of financial system instability, and determinants of income disparities. The focus is placed on the logical coherence of Islamic economics and finance, properties of Islamic capital markets, workings of Islamic banking, pricing of Islamic financial instruments, and limits of debt financing, fiscal stimulus and conventional monetary policies, inter alia. Readers with investment, regulatory, and academic interests will find the body of analytical evidence to span many areas of economic inquiry, refuting thereby the false argument that given its religious tenets, Islamic economics is intrinsically narrative, descriptive and not amenable to testable implications. Thus, the handbook may contribute toward a redefinition of a dismal science in search for an elusive balance between rationality, ethics and morality, and toward a remodeling of economies based on risk sharing and prosperity for all humanity

Author : Necmettin Kizilkaya
Publisher : Routledge
Page : 295 pages
File Size : 44,6 Mb
Release : 2019-11-05
Category : Business & Economics
ISBN : 9781000732443

Get Book

Methodology of Islamic Economics by Necmettin Kizilkaya Pdf

In its pursuit to equip the reader with a basic knowledge of Islamic economics, this book divulges the micro-foundations of the discipline, and highlights the predominant schools of thought that exist in the field. It explains, in simple terms, what Islamic economics entails and how it can be studied as a science in relation to the Holy Quran, the Sunnah and the Islamic intellectual tradition based on these two sources. The book familiarizes the reader with knowledge of the basic maxims of the discipline. It then establishes the arguments that are presented by the proponents of religion-based economics, specifically Islam, and apprises readers about the aforementioned schools as they exist. A number of chapters consider the dimension of the dilemmas the discipline is facing, and the chronological progress of the field is reviewed, hence providing a comprehensive overview of the topic. The book deals with the issues about the origins of Islamic economics, the basic methodological questions, the use of the opportunities offered by fiqh in the methodological discussions and the main problems arising from the encounter with other cultures and civilizations. It offers practical solutions, despite the differing schools of thought, not unlike the development of conventional Economics where radical differences between Keynesian, Classical and Monetarist approaches existed. It concludes by incorporating some of the finest works that explain to the reader how Islamic economics may progress as a discipline. This guide will provide both students and researchers in Comparative Economic Studies, Islamic Economics and Islamic Finance with an essential overview of the field.

Author : Ahmed Akgunduz
Publisher : IUR Press
Page : 148 pages
File Size : 41,5 Mb
Release : 2009
Category : Business & Economics
ISBN : 9789080719255

Get Book

Studies in Islamic Economics by Ahmed Akgunduz Pdf

“This book contains two major subjects: Firstly; some academic papers about Islamic Banking. The main characteristic of Islamic banking in com­parison to traditional banking is that it is more concerned with the profitability and length of the proposed investment rather than collateral. Projects with high profitability and low collateral that might otherwise be rejected can be funded through Islamic banking. This leads to a banking behavior that is similar to development banks and microfinance institutions that have been very successful in many Third World countries. Academic research shows that Islamic banking is not a negligible or merely temporary phenomenon. (Contributors: Dr. M. Umer Chapra, Dr. Ahmet Akgündüz, Arjen van Klink, Drs. Bastiaan A. Verhoef and Ismail Özsoy). Secondly; some research articles about religion and development. Islam summarizes the root cause of the great social upheavals that have been suffered, particularly in this century, in two phrases. One is: “So long as I’m full, what is it to me if others die of hunger?” And the other is: “You struggle and labor so that I can live in ease and comfort.” Islam demonstrates that if hunger and poverty are to be eradicated, it will be through applying the Qur’anic injunction of almsgiving, social assistance and mutual help (vujub-u zakat): Being steadfast in performing prayers, giving zakat and the prohibition against earning without working, e.g., usury and interest (hurmet-i Ribâ: God has permitted trade and forbidden usury).” (Contributors: Dr. Ahmet Akgündüz, Dr. Arif Ersoy, Dr. Haşmet Başar and Dr. Bunyamin Duran).

Author : Muhamed Zulkhibri,Turkhan Ali Abdul Manap,Aishath Muneeza
Publisher : Springer Nature
Page : 201 pages
File Size : 53,9 Mb
Release : 2019-10-01
Category : Business & Economics
ISBN : 9783030240059

Get Book

Islamic Monetary Economics and Institutions by Muhamed Zulkhibri,Turkhan Ali Abdul Manap,Aishath Muneeza Pdf

This edited volume explores theoretical and empirical issues related to monetary economics and policy in the Islamic financial system. Derived from the Conference on Islamic Monetary Economics and Institutions: Theory and Practice 2017 held in Malé, Maldives, the enclosed papers highlights several option for authorities and regulatory bodies regarding monetary policy and regulation, as well as discussing how Islamic monetary policy effects growth, financial stability and resilience to shocks in practice. The inter-linkage between Islamic monetary policy and other markets are also explored. The subject of Islamic economics has gained considerable attention in the last four decades with the emergence of Islamic financial institutions around the world. This phenomenon has motivated economists to develop a comprehensive theoretical framework of modern monetary economics for Islamic economic system. An important characteristic of the Islamic economic system is the abolition of interest from the financial system. Islamic monetary economics is distinguished from conventional monetary economics due to the absence of interest. Therefore, under the Islamic economic system, monetary policy has to depend on other tools. In the early theoretical literature on Islamic monetary economics, many have discussed the role of money in Islamic economics system, while the number of empirical studies on Islamic monetary economics is a relatively new phenomenon. According to Islamic scholars, there are three main goals of Islamic monetary policy: a) economic well-being with full employment and optimum rate of economic growth; b) socioeconomic justice and equitable distribution of income and wealth and c) stability in the value of money. Hence, the Islamic monetary policy has several socioeconomic and ethical implications. Featuring regional case studies, this book serves as a valuable resource for academics, scholars, practitioners and policy makers in the areas of Islamic economics and finance.

Author : Umer Chapra
Publisher : ISLAMIC RESEARCH AND TRAINING INSTITUTE
Page : 71 pages
File Size : 45,5 Mb
Release : 1996-12-01
Category : Business & Economics
ISBN : 9789960627922

Get Book

What is Islamic Economics? by Umer Chapra Pdf

In this lecture, Dr. Umer Chapra has explained both the subject matter of Islamic economics as well as its methodology in his usual masterly fashion. He has also presented a comparative perspective for solving the eternal economic problem: He has explained how the Islamic economics paradigm deals with this problem and allocates the scarce resources among their alternative uses in such a way that human well-being is maximized without sacrificing social objectives.

Author : Taha Eğri,Necmettin Kizilkaya
Publisher : Cambridge Scholars Publishing
Page : 255 pages
File Size : 47,9 Mb
Release : 2015-06-18
Category : Business & Economics
ISBN : 9781443879200

Get Book

Islamic Economics by Taha Eğri,Necmettin Kizilkaya Pdf

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 : Mohd Ma'Sum Billah
Publisher : Taylor & Francis
Page : 411 pages
File Size : 47,5 Mb
Release : 2022-03-10
Category : Business & Economics
ISBN : 9781000540154

Get Book

Teaching and Research Methods for Islamic Economics and Finance by Mohd Ma'Sum Billah Pdf

Methods and techniques adopted in teaching, training, learning, research, professional development, or capacity building are generally standardized across most traditional disciplines, particularly within developing countries. This is not the case, however, when it comes to the Islamic disciplines, and, in particular, in relation to the study of Islamic economics and finance, which is influenced by conventional standards and techniques. This is primarily due to the lack of availability of the requisite standards and mechanisms designed within the spirit of Maqsid al-Shari’ah. This book offers a unique resource and a comprehensive overview of the contemporary methods and smart techniques available for teaching, learning, and researching Islamic eco-finance, and it presents solutions to the challenges in implementing them. Further, the book gives deep insight into the most appropriate methodologies that could be employed empirically to explore, model, analyze, and evaluate Islamic finance theories and models, respectively. It also gives recommendations for improving learning, teaching, and research outcomes in Islamic eco-finance. The book also addresses how, in this advanced technological era, smart tools like artificial intelligence, machine learning, big data, Zoom, and the internet of things can be adapted to help equip students, researchers, and scholars with smart skills. The book will enable those studying Islamic economics and finance to grasp the appropriate tools for research and learning. Additionally, the Islamic economics and finance sector is growing at a significant rate and therefore requires the upskilling and capacity building of its human resources; thus, the book will also be highly beneficial for practitioners involved in the industry.

Author : M. Kabir Hassan
Publisher : Edward Elgar Publishing
Page : 736 pages
File Size : 51,5 Mb
Release : 2016-12-30
Category : Business & Economics
ISBN : 9781784710736

Get Book

Handbook of Empirical Research on Islam and Economic Life by M. Kabir Hassan Pdf

In Islamic jurisprudence, a comprehensive ethic has been formulated governing how business and commerce should be run, how accountability to God and the community is to be achieved, and how banking and finance is to be arranged. This Handbook examines how well these values are translated into actual performance. It explores whether those holding true to the system are hindered and put at a disadvantage or whether the Islamic institutions have been able to demonstrate that faith-based activities can be rewarding, both economically and spiritually.

Author : Velid Efendić,Fikret Hadžić,Hylmun Izhar
Publisher : Springer
Page : 236 pages
File Size : 47,6 Mb
Release : 2017-05-04
Category : Business & Economics
ISBN : 9783319450292

Get Book

Critical Issues and Challenges in Islamic Economics and Finance Development by Velid Efendić,Fikret Hadžić,Hylmun Izhar Pdf

This book explores contemporary issues and trends facing Islamic banks, businesses and economies as presented at the International Conference of Islamic Economics, Banking and Finance. The authors leverage current empirical research and statistics to provide unique and fresh perspectives on the changing world of Islamic finance. They focus specifically on to the implementation of Islamic financial instruments and services in global capital markets and how their success can be evaluated. Chapters feature case studies from all over the world including examples from Afghanistan, Bosnia and Herzegovina and the United Kingdom, to name a few. The breadth and immediacy of the research presented by the authors will appeal to practitioners and scholars alike. The global outlook and rich data-based approach adopted in this book guarantee that it is a timely and valuable addition to the field of Islamic finance.