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The Making of Islamic Economic Thought
Interrogating the development and conceptual framework of economic thought in the Islamic tradition pertaining to ethical, philosophical, and theological ideas, this book provides a critique of modern Islamic economics as a hybrid economic system. From the outset, Sami Al-Daghistani is concerned with the polyvalent methodology of studying the phenomenon of Islamic economic thought as a human science in that it nurtures a complex plentitude of meanings and interpretations associated with the moral self. By studying legal scholars, theologians, and Sufis in the classical period, Al-Daghistani looks at economic thought in the context of Sharī'a's moral law. Alongside critiquing modern developments of Islamic economics, he puts forward an idea for a plural epistemology of Islam's moral economy, which advocates for a multifaceted hermeneutical reading of the subject in light of a moral law, embedded in a particular cosmology of human relationality, metaphysical intelligibility, and economic subjectivity.
Readings in Islamic Economics and Finance (UUM Press)
Part 1; Islamic concept and regulations -- Part 2; Islamic banking -- Part 3; Islamic capital market -- Part 4; Other issues.
Islamic Economics: Principles and Analysis
With the impressive emergence of Islamic finance as a branch of Islamic economics, the need for a solid knowledge base that encompasses theories, thoughts and applications related to the subject increased in importance. However, writing about Islamic economics is a great challenge due to the differences in opinion on many of its issues. This includes methodologies for determining the Islamic perspective on economic concepts and issues as well as applicable solutions for today’s economic and social problems. It is further argued that Islamic economics topics are not as clear as those in conventional economics as they have their own religious, spiritual and social dimensions. The points of c...
Development and Its Diverse Aspects
Development is the agenda and the priority of almost all nations. They try to provide their people with a better way of living and better life-chances. In this attempt, they concentrate on the economic and political systems of their societies and try to improve them to achieve the target. The general feeling is that if one increases national wealth, raises physical quality of life and gives freedom to the populace to govern themselves, one achieves prosperity. The past three centuries have shown that nations have made tremendous efforts to boost their economic productions and refine the governing systems. They initiated industrialization, increased capital formation and developed sophisticat...
Handbook on Islam and Economic Life
øHandbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspect
Teaching and Research Methods for Islamic Economics and Finance
Methods and techniques adopted in teaching, training, learning, research, professional development, or capacity building are generally standardized across most traditional disciplines, particularly within developing countries. This is not the case, however, when it comes to the Islamic disciplines, and, in particular, in relation to the study of Islamic economics and finance, which is influenced by conventional standards and techniques. This is primarily due to the lack of availability of the requisite standards and mechanisms designed within the spirit of Maqsid al-Shari’ah. This book offers a unique resource and a comprehensive overview of the contemporary methods and smart techniques av...
A Critique of Creative Shari'ah Compliance in the Islamic Finance Industry
Ahmad Alkhamees defines Creative Shari‘ah compliance as compliance with the letter but not the objectives of Shari‘ah. In recent years, Islamic finance industry practises have come under scrutiny, with strong critiques levelled against many institutions that claim to provide Shari‘ah-compliant products and services, which in fact undermine the spirit and the objectives of Shari‘ah. This book significantly contributes to the sphere of Islamic finance in three main ways. First, it critically appraises justifications of creative Shari‘ah compliance practises. Second, it examines how Shari‘ah supervisory board (SSB) governance practises, and the inconsistent fatwas issued by SSBs, contribute to the issue of creative Shari‘ah compliance. Most importantly, it suggests regulatory mechanisms which regulators can employ in Islamic countries such as Saudi Arabia and in secular countries such as the United Kingdom to deal with the issue of creative Shari‘ah compliance.
The Ultimate Tragedy
None
Justice in Islam
From its roots in the Qur’an and the life of the Prophet Muhammad (pbuh) to its branches in contemporary political and social movements, Islam has always been concerned with the question of social justice. The promise of a just order on earth has motivated both the reflections of the community of scholars and the actions of Muslims who have striven to realize it within their societies. Despite the disappointments that history has often delivered, the hope for justice remains undimmed as does the struggle to achieve it today. This concise volume focuses on some of the ways that the theme of justice is explored in emerging currents of Islamic thought. Chapters discuss new theological and ethical proposals in the light of contemporary philosophical developments; ideas of gender justice that provoke a reformist challenge to the received tradition; and regional contexts, such as Turkey, Iran and Japan, in which the question of Islam’s relationship to justice is sharpened by the particularities of history and locale. The contributions to this collection raise the prospect that if justice can be imagined more perfectly as an Islamic ideal, perhaps it can be brought into reality.
