Islamic Finance

This thesis evaluates zaka and how it has affected both tax and fiscal policies and systems in Sudan. The work begins with the objectives and methodology utilized, and provides a foundation of the structure of the economy of Sudan. The thesis also illustrates tax and fiscal policies relevant to this case, particularly with regards to zaka and its use as a tax reform policy. Major developments in zaka are also highlighted. Zaka has great potential in Sudan as a method of tax reform and source of social justice.

The objective of the Islamic Banks and Investment Companies is to develop Islamic forms of transaction that do not involve interest which is prohibited in

Turkey has been considered highly favorable country in which to promote Islamic banking. This is partly due to its nature as a secular state with a large

This thesis reviews the underlying religious principles of Islamic finance, how Islamists have used Islamic banking to Islamize societies, and the way the use of Islamic banking fits into the international economic system. From this analysis, Islamic finance's susceptibility to being misused by terrorists is examined, and although there are areas in the industry that need monitoring, Islamic banking's ties to terrorism are anecdotal, and the system can be marketed as a means of enfranchisement free of an Islamist agenda.

This empirical study explores the extent to which marketing concepts have been incorporated by Islamic banks in Jordan. Managers and customers of Islamic banks were surveyed concerning their opinions about the understanding, acceptance and implementation of the marketing concept. Islamic banks in Jordan have a narrow understanding of the marketing concept and were found to be value-oriented more so than profit-oriented.

This thesis provides an in-depth description of the regulatory system governing commercial banks, finance companies, merchant banks, and Islamic financial institutions in Malaysia. The thesis will examine the important regulations separately with respect to each category for these institutions, their development over the years, the reasons underlying their introduction, implementation and change, their relevance, and their effectiveness. The capability of the regulatory system with respect to prior financial scandals and collapses is also considered.

This thesis deals with the theory on which the concept of unlawful gain and legitimate profit in Islamic law was based, citing the views of (primarily traditional) jurists and