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The issue of riba, that is, interest/the "excess" or "surplus" on loans is crucial for both Islamic and non-Islamic countries. Western economic systems use interest to distribute financial resources efficiently for investment and/or consumption, while Islamic economies pursue a completely different strategy for financing loans, which adheres to Islamic laws and prohibits the activities of conventional banking systems with regard to interest. This book argues that there is scope for new definitions and analysis based on alternative concepts which respect Islamic values and principles, yet pave the way for modification and debate. The book comprises of two parts. Theoretical issues are dealt w...
Anthology of Noonomy: Fourth Technological Revolution and Its Economic, Social and Humanitarian Consequences’ suggests original research approaches based on discussion on the theory of noonomy.
The interest in improving Environmental, Social and Governance (ESG) outcomes among stakeholders of Islamic banking and finance has become front and centre in the discussions relating to Islamic sustainable finance. This book offers an expansive overview of the relevant issues, global initiatives and trends in the management, governance, and operation of Islamic sustainable impact finance. It identifies the models and mechanisms required to achieve sustainable impact finance in the context of Islamic investment and project development and collects and observes the latest approaches in maintaining and fulfilling the principles of Shariah-compliance in Sustainable Development Goals and Environ...
The central idea of sustainability in the modern world is intricate and ever-changing. Closely related to the realm of finance and socioeconomic discussion, the phrase “sustainable impact finance” has become increasingly popular among bankers, practitioners, financial analysts, investors and the relevant experts seeking an impactful connection between the best financing mechanisms or tools and sustainable development related investments or projects. This book opens up the discussion by offering a Shari’ah-compliance perspective. It is a primer on how Islam addresses and offers solutions to the challenges facing us within the spirit of maqasid al-Shari’ah, among others, in tackling po...
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The word ‘Halal’ translates to ‘permissible’ in English, though it encapsulates a broader meaning that goes beyond permissibility and impermissibility. Halal incorporates hygiene, cleanliness, legality, compliance, ethics as well as cultural aspects. This book provides a holistic overview of the relevant concepts but also covers Shariah, commercial, regulatory and technological aspects of the global Halal industry. It is not confined to a specific region, country or sector, rather it gives a comprehensive summary of the developments and growth across all sectors of the Halal industry, at the regional but also the global level. It is a well-researched and accessible volume which sets ...
This volume studies the intersection of capital and ecology primarily in one of the most sensitive geographies of the world, the Eastern Himalayan region. It looks at how the region has become a melting ground of neoliberal developmentalism and ecological subjectivities with the penetrating forces of global and state capitalism, economic projects, and complex power relations. The essays in the volume argue that specific focus on energy infrastructure and energy production has pushed technology and capital towards asset building which has had an adverse effect on the environment, labour relations, indigenous knowledge systems, and traditional livelihood practices in the area. They look at ass...
International Conference of Political Economy (ICOPEC), takes as a goal to identify and analyze the status of its age, held its first conference with the theme "International Political Economy: Adam Smith Today " in 2009. Following the ICOPEC conference, JOPEC Publication started to be published in 2010. JOPEC Publication aims at searching required alternatives, in addition to existing alternatives, with a critical approach, has been the main supporter of ICOPEC conference by including the studies in this context. In 2016, the main theme of the 7th conference was determined as “State, Economic Policy, Taxation and Development". IJOPEC Publication has undertaken to publish the papers, prese...
Transformation of creativity into economic value is considered creativity economics. Innovation generates additional value via creativity. Unusual skill of perception, with intuitive touches and a tool that is able to diversify and transform reasons of exintence which contrust a bigger picture, integrates imagination with interdisciplinary functions and ignites creativity. Being open to new ideas is important for important for improving a culture of innovation that promotes creativity and for laying the ground for a strategy that combines flow of information into one single pool. There is no need for extraordinary talents to create infrastructure of creativity with a culture of innovation. W...