Contains selected papers on Islamic perspectives on banking, monetary policy, and money are complied for this book. Profit-sharing and issues with the Islamisation of banking are also covered along with the framework and rationale of Islamic banking.
This paper examines the meaning of Riba (interest), the different types of Riba, and the social, moral, and economic reasoning behind its forbiddance.
This book is a compilation of the winning essays on
In a time when state management seems to have failed us and the market is looked upon as an alternative to rely on, another choice, the 'middle road', is offered by
The author attempts to look at Ibn Taimiyah's economic thought with an eye on showing how his ideas are pertinent to the contemporary world. The thinker being studied was, according to the author, one whose work had a deep effect on the times that came after him. It is believed that an insufficient amount of focus has been placed on the role of Muslims in developing economic thought. The works written on Ibn Taimiyah have not paid enough attention to his economic work.
The pamphlet presents information on the goals of the economic order established in
This book studies the Bait al-Maal institution in early
This essays contained in this book outline the different aspects of Islamic economics and address the possibility of applying them to the present-day situation. This book contains an introductory chapter, which outlines an Islamic economy and has five parts. Part one is on consumption and contains two chapters on the theory of consumer behavior in the Islamic perspective and on the macro consumption function in an Islamic framework. The second part is on banking and finance and contains three chapters discussing an overview of the financial system of
The volume, as explained in its foreword, is a compilation of select papers presented at the 1976 First International Conference on Islamic Economics held at Makka. Dr. Abdullah Nasif pens the foreword. The preface, by Muhammad Omar Zubair, relays enthusiasm for the budding field of Islamic economics. The editor's introduction discusses the general Islamic resurgence as well as the problems within the classical economic outlook. Some of the ideology of
Insurance is an institution grounded in the comprehension of a principle that groups of individuals each contributing small amounts can as a unit be a means of protecting each individual from damaging losses. The author holds that this principle must be used in order to benefit humanity. It is stated that insurance and gambling are completely different matters. The author believes that insurance can be designed in an interest-free and Islamically acceptable manner. Such an insurance system is seen as a component of a just economic order. The author divides his work into four chapters.