This study focuses the teachings the Prophet pertaining to economic policy, particularly regarding the alleviation of poverty. The thesis begins by analyzing terms found in the Qur'an, including
The government of Saudi Arabia has been providing several incentives to the private sector of the country, like interest-free loans and subsidies, to diversify the economy. By doing so, the government is trying to decrease the heavy national dependence on a single product, oil. By reviewing secondary data, conducting field research, and using time-series regression approaches, this study analyzes the incentives provided by the government and attempts to recognize limiting deficiencies.
This thesis examines the validity of banking in an Islamic economy. Despite the existence of Islamic banking theory for fifty years and impressive growth in the number of banking institutions, many
In most Third World cities poverty is most evident in the prevalence of slums and beggars. A sociological study of 401 beggars in Nairobi, Kenya, aged ten years and above, revealed that landlessness, lack of education, unemployment, disease, and inadequate assistance contributed significantly to the presence of beggars. Programs initiated by the Government, NGOs and individuals/groups were found to be insufficient. While the Old Testament demands that justice be the foundation for alleviating poverty, the New Testament states that love and compassion be extended to the poor.
This thesis investigates the behavior of Pakistani and Iranian banks following the introduction of Islamic Banking. This thesis contains static and dynamic models that have been developed to evaluate the semi-annually (1974-1994) and quarterly (1984-1994) changes in the behavior of both the Pakistani and Iranian banks.
This thesis evaluates the doctrine of partnership (mudaraba and
This work in compound interest takes a close look at scenarios that involve an agreement which includes compound interest and those that claim such interest as reimbursement for a broken contract. The topic is first discussed as viewed by the Western and Islamic legal practices. The study argues that there are certain fundamental difficulties regarding interest that make compound interest such a complex issue.
This examination financially compares Islamic banks to modern, commercial banks in the hopes of shedding light on the efficiency, advantages, and disadvantages of the Islamic banking system. The Kuwait Finance House, an Islamic institution, is compared to its conventional counterpart, the National Bank of Kuwait. A focus of the evaluation is to assess the effects of the conditions that each bank operates under. In addition, the research attempts to comprehend the two systems' differing frameworks and management, and how they are affected by different types of revenue.
This thesis investigates whether Islamic laws can be expanded and adapted to meet the changing needs of modern
The study evaluates the performance of electric power and telecommunications sectors in Pakistan at the firm and sector levels, and attempts to quantify the inefficiencies. Since physical, financial, or productivity indicators alone are not able to explain the purposes and goals of public infrastructure systems, a set of relevant indicators have been used in evaluating these sectors. A Cobb-Douglas production function is used to calculate the trend in the growth of total factor productivity (TFP).