Books

Justice Usmani discusses the reasoning behind the Supreme Court of Pakistan's decision to make riba, or usury, illegal.

The opening part of the book is concerned with

In introducing the work, the author presents some basic ideas central to the Islamic faith. First,

A collection of selected essays and the keynote address edited by Imtiazuddin Ahmad from the International Conference on Islamic Banking and Finance, held July 17-18, 1998 in Houston, Texas.

The Rural Microfinance Support Project aims to expand microfinance services to poor areas of Iran, especially targeting rural women and young adults. The current policy environment in Iran has not been able to support the Rural Microfinance Support Project and has been hampered a lack of experience in sustainable microfinance in both the governmental and nongovernmental sectors.

The article posits Islamic finance as the solution to the fiscal situation in South East Asia, which is becoming more akin to the current situation of Western societies. In the case of America, 50% of stocks are owned by 1% of families. Certain actions of multinational corporations place the assumption of “free trade” in question.

The paper is a short summary of the recent developments in Amanah Ikhtiar Malaysia, the major microfinance institution in Malaysia. Citing the organization’s handling of Islamic Law, the paper lays out certain contemporary problems AIM faces. The paper posits that these problems may shed a cynical light on the Grameen model as a whole, and how it could be adapted in the future in an Islamic context.