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Author : Masudul Alam Choudhury,Uzir Abdul Malik
Publisher : Palgrave Macmillan
Page : 336 pages
File Size : 40,5 Mb
Release : 1992
Category : Business & Economics
ISBN : 0312068549
Author : Masudul Alam Choudhury
Publisher : Springer
Page : 306 pages
File Size : 53,7 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349224395
This book examines the methodological development of the principles of Islamic political economy in its theoretical and applied aspects. This is carried out in a general equilibrium framework using the theory of social choice. Thus a comparative study is also undertaken here in these areas while developing the theory of Islamic political economy. In these respects this book appears to be the first one of its kind.
Author : M. Choudhury
Publisher : Springer
Page : 210 pages
File Size : 52,9 Mb
Release : 1998-05-27
Category : Business & Economics
ISBN : 9780230378032
There has been a great revival of interest in recent years in the concerns of Islamic political economy after several hundred years of hiatus in its long history. The independence of Muslim countries and the revival of Islamic movements around the world have been among the factors encouraging new interest among the Muslims and others in how economies and economic theory can be brought into line with the Islamic vision of a just society. Masudul Alam Choudhury shows that the contribution which Islamic political economy can make requires a study first of epistemological principles, about the purpose and sources of knowledge, the role of reason and the relationship between self-and social-interest in human affairs. The conclusions which arise from this analysis - about the role and limits of markets, the goal of combining efficiency and equity and the means of doing so with state provision of welfare everywhere in crisis - will prove illuminating to all of those interested in Islamic studies and political economy as well as to other observers and analysts of contemporary society.
Author : Abdulrahman Haitham Shoukat Kabbara
Publisher : Partridge Publishing Singapore
Page : 218 pages
File Size : 41,6 Mb
Release : 2014-05-23
Category : Business & Economics
ISBN : 9781482899245
The first part of this book is designed to display the sources and principles of economics and trade transactions in the Islamic community. It analyzes the judicial injunctions against riba and proves that riba including interest is prohibited. Basing the argument on theoretical (Quran and Sunna) as well as the customary practice during the life of the messenger of God in Mekka and Al-Madina. Notably, the Islamic teachings covers both the worldly and religious affairs. This is a very revealing indication that “Islam” does not only regulate the relations of the human beings with God, but also extends to regulating (i) the relationship of the ruler with the ruled through “al-shura”, and (ii) economic and financial transactions in the market. Notable among these transactions: a) the abolition of riba and instigating interest-free economy, (b) providing the basic needs of society, (c) achieving social justice by applying zakat levy and other ordinances, and last but not least inheritance law and redistribution of State land for public benefits. The second and third part of the book explains and proves that prohibition of riba does not circumvent trade or paralyze the economy. On the contrary by eliminating injustice inherent in riba, the banking system will be liberated from discrepancies and the economy will perform more efficiently by mitigating the evils of riba.
Author : Masudul A. Choudhury
Publisher : Routledge
Page : 344 pages
File Size : 53,9 Mb
Release : 2005-10-09
Category : Business & Economics
ISBN : 9781134714452
This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.
Author : Masudul Alam Choudhury,Uzir Abdul Malik
Publisher : Springer
Page : 356 pages
File Size : 52,8 Mb
Release : 2016-07-27
Category : Business & Economics
ISBN : 9781349219735
This rigorously written book on the areas of Islamic principle theory and application is expected to break new ground in modern economic analysis, both for the Islamically inclined and others. The main features of the book include analytical treatments of the essential axioms and instruments of Islamic Political Economy, their expected application, and a comparative perspective both in respect to contemporary Islamic literature as well as comparative economic theory.
Author : Nabil El Maghrebi,Abbas Mirakhor,Tarık Akın,Zamir Iqbal
Publisher : Springer Nature
Page : 392 pages
File Size : 50,9 Mb
Release : 2024-01-21
Category : Business & Economics
ISBN : 9783031411342
This book discusses the need for a paradigm shift from Islamic economics universe of discourse to Iqtisād, a socio-economic system that is entirely independent from other economic doctrines and systems of thought. It provides an overview of critiques of the science and dogma of mainstream, orthodox, neoclassical, or simply Economics, with its axioms of rationality, scarcity, and unlimited wants. There is also a critical analysis of Islamic economics, and its failures to set its own policy agenda and development objectives. Our contention in this book is that Iqtisād--the Qur’an’s vision of how the economy is to be arranged—provides such a paradigm with a radically different philosophical foundation from that of Economics to the point that makes grafting one onto the other Impossible. Iqtisād offers a genuine and authentic Islamic paradigm with unique etymological and philosophical foundations. It is a unique system that derives its organizing principles from the principal source of the Quran, rather than Economics. The logical coherence of its immutable system of rules compliance, institutional structures, and risk-sharing relations provides the foundations for economic dynamism, financial stability, and shared prosperity. It ensures that resources are efficiently managed, poverty is eradicated, income and wealth mal-distributions are corrected, and the internal sources of economic injustices gripping human societies are eliminated. The Impossibility Theorem proposed in this book implies that, metaphysically, ontologically, epistemologically, axiologically, and teleologically, the two polar cases of Iqtisād and Economics are so radically different to rule out any grafting of one onto the other in order to present an intermediate paradigm with a synthetic discipline called Islamic economics. Given its multidisciplinary contents, this book will be of interest to a wide audience, including economists, policymakers, philosophers, theologians, and jurists, and can guide also free-thinking readers to a clarity of understanding about the conditions of humanity and the imperative of change with a sincerity of purpose and coherence in knowledge.
Author : Tim Niblock,Rodney Wilson
Publisher : Edward Elgar Publishing
Page : 536 pages
File Size : 50,8 Mb
Release : 1999
Category : Arab cooperation
ISBN : STANFORD:36105025135984
The third in a series on the middle East, this volume deals with the way in which Islamic economists believe that an economic system should reflect religious values, rather than a society's values being determined by the economic system.
Author : Mustafa Acar,Souad Adnane,Azhar Aslam,Hasan Yücel Başdemir,Kathya Berrada,Maszlee Malik,Youcef Maouchi,Hicham El Moussaoui,M. A. Muqtedar Khan,Bican Şahin,Atilla Yayla
Publisher : London Publishing Partnership
Page : 212 pages
File Size : 51,8 Mb
Release : 2016-09-12
Category : Religion
ISBN : 9780255367295
Islam is growing rapidly both in its traditional homelands and in the West. Some in the West view Islam with a mixture of fear and suspicion. However, it is also fair to say that there is widespread ignorance about Islam, and especially about its relationship to political systems and the economy. Is Islam compatible with a free society and a free economy? Is the fact that many Muslim-majority states do not have free economies or polities a result of an incompatibility between Islam and political and economic freedom, or does it result from an unfortunate series of historical events? What role has past colonialism played in encouraging Muslim extremism? Exactly what does Islam have to say about freedom in economic, political and religious life? This book, written by a range of Islamic scholars, sheds a great deal of light on these crucial questions. It is an important book for those in the West who need to understand Islam better. It is also important for those in Muslim countries who can influence the development of political systems and economic policy. The publication of this book could not be more timely.
Author : Abdulrahman Haitham Kabbara
Publisher : LAP Lambert Academic Publishing
Page : 232 pages
File Size : 53,9 Mb
Release : 2015-01-12
Category : Electronic
ISBN : 3659551864
The book outlines origins of Islamic economics Principles in Shari'a, covering its characteristics, economic problem, and government intervention, public versus private property, work ethics, Al-Hisba and social justice. Theories of the demand for money in western economies are presented followed by an analysis of the meaning, nature, characteristics, and role of money in Islam. Factors affecting the demand for money in an Islamic economy are emphasized. The meaning and features of Riba, its types and economic consequences are discussed. Thorough analyses of the objectives of Islamic banking in theory and practice, types and sources of deposits, and various forms of Riba-free financing operations are in order. Monetary and prudential control in both systems is considered emphasizing religious supervisory responsibility and the Central Bank of Kuwait instructions. Islamic money and capital market is acknowledged by dwelling on sukuk instruments. Transition in practice is analyzed shedding light on Kuwait experience and the macro and microeconomic efficiencies of Islamic model compared with conventional one.
Author : William R. Roff
Publisher : Routledge
Page : 296 pages
File Size : 40,7 Mb
Release : 2015-05-08
Category : Social Science
ISBN : 9781317593690
To be a Muslim is to be a part of a culture with distinct beliefs, ideas, institutional forms and prescriptive roles. Yet there is a complex inter-relationship between a system of knowledge and belief, such as Islam, and the immediate political, economic and social context of its adherents. This book aims to improve understanding of Muslim social and political action by examining a broad spectrum of Muslim discourse, both written and spoken, to see how meaning is formed by context. It is a broad comparative study and examines discourses produced in opposition to government as well as those produced, in Iran or Pakistan for example, under an authoritarian Islamic state. Through cogent analyses of socio-historical contexts and textual materials from East Java, Nigeria, Iran, Pakistan, Indonesia, Malaysia, the Maghreb and Egypt, this book shows how to ‘read’ a familiar Islamic movement, period of change or textual source in a newer and better light. First published in 1987.
Author : Seif Ibrahim Tag el-Din
Publisher : Edinburgh University Press
Page : 249 pages
File Size : 55,7 Mb
Release : 2013-04-23
Category : Social Science
ISBN : 9780748670048
Explains the exchange economics behind the Shari'ah compliance conditions of Islamic financeDrawing on received sources of 'maqasid' (Shari'ah's practical objectives), this book demonstrates how the principles of market economics affect how markets and financial instititions actually operate under Shari'ah law. It shows where Islamic economics converges with and differs from conventional economics through the banning of usury and other Shari'ah-prohibited trade practices.Islamic finance rests on the principles of free market exchange of Islamic economics. But the latter has failed to keep pace with the rapid developments of the former. Much work published about Islamic economics is at least idealistic if not radically ideological, with little relevance to the Islamic financial industry. This book provides the coherent body of economic theory that students and practitioners of Islamic finance need in order to understand how the maqasid gives a sense of direction to developments in the industry.
Author : Özgür Ünal Eriş,Ahmet Salih İkiz
Publisher : Cambridge Scholars Publishing
Page : 208 pages
File Size : 52,7 Mb
Release : 2018-07-27
Category : Political Science
ISBN : 9781527515437
The book looks in detail at the economic conditions of Muslim countries specifically, offering a thorough political analysis at the same time. It focuses on a broad range of economic factors and takes into consideration reports such as the World Development Index. It explores striking differences and similarities among carefully chosen Muslim countries. Mainly because of its broad use of different disciplines, it will be of interest to students of political science, economics and history.
Author : Sohrab Behdad,Farhad Nomani
Publisher : Routledge
Page : 288 pages
File Size : 54,8 Mb
Release : 2006-11-22
Category : Political Science
ISBN : 9781134206759
This is a new examination of how Shari’a law affects public policy both theoretically and in practice, across a wide range of public policy areas, including for example human rights and family law. The process by which public policy is decided - through elections, debates, political processes, and political discourse - has an additional dimension in the Islamic world. This is because Shari'a (divine law) has a great deal to say on many mundane matters of everyday life and must be taken into account in matters of public policy. In addition, matters are complicated further by the fact that there are differing interpretations of the Shari'a and how it should be applied to contemporary social issues. Written by leading experts in their field, this is the first comprehensive single volume analysis of Islam and public policy in the English language and offers further understanding of Islam and its wider social and political implications.
Author : Masudul Alam Choudhury
Publisher : Emerald Group Publishing
Page : 396 pages
File Size : 51,5 Mb
Release : 2011-01-27
Category : Business & Economics
ISBN : 9780857247216
This volume is a scholarly work on the foundations of the role that the moral and ethical law plays on human enterprise comprising economics, finance, society and science. Divided into three parts, theoretical, empirical and application, the study covers a vast area of socio-scientific investigation and is extensively comparative in perspective.