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The contemporary economic systems have failed to solve the economic problems of mankind. The failure. of socialism is too o.bvious to need any documentation. The track record of capitalism is far from being promising. Although a small minority has achieved unprecedentlY high material standards of living, a vast majority lives under conditions of abject PovertY. The problems of unemployment, inflation, poverty amidst affluence, unequal distribution of wealth, frequent bouts of business recession, environmental pollution and ecological imbalance still bedevil man's present life and threaten his future. The present book contends that the Islamic economic order has the potential of ushering in an age of human bliss; and the resources to build a free, just and responsible world for everyone on the earth.
ÔI read with great interest the current state of Islamic economics and finance as examined by Muhammad Akram Khan, who has given a fresh outlook for the readers to find out its limitations and to search for its solutions. Khan has read widely in the subject matter, and presented his views with reference to literature and thoughtful and logical arguments. While many may not agree with his arguments or will have a better explanation, I find his arguments at least worthy of examination to strengthen the arguments of those who might oppose him. Although Khan is critical of the subject matter, he is very sympathetic to the greater objectives of Islamic economics and provides his own prescription...
This fully updated and revised glossary introduces terms used by Muslim scholars, historians and legal experts, from Arabic, Urdu, Turkish, Malaysian and English sources and Islamic banking, taxation, insurance, accounting, and auditing.
The study of Islamic economics provides an interesting complement to conventional economics as they both study economic behaviour to enhance human well-being. Muhammad Akram Khan articulates an expert view on how to use distinct approaches to achieve this in the context of Islamic economics. In this comprehensive book, Akram Khan not only illustrates the empirical evidence found in traditional economics but also explores the divine revelation found in the Qur'an and the traditions of the Prophet Muhammad. Highlighting the five dimensions of Islamic justice, namely equality, accountability, reciprocity, fairness and empowering the weak, the book emphasises moderation in the creation and consu...
An annotated bibliography of selected sources in English and Urdu relating to Islamic economics. Topics covered include public finance in Islamic states, the principles and administration of zakat (alms tax), Islamic finance and forms of business organization.
A major intellectual current in the Muslim world during the 19th and 20th centuries, proponents of modernist Islam typically believed that it was imperative to show how "modern" values and institutions could be reconciled with authentically Islamic ideals. This text collects their writings.
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Arabic-English dictionary, definitions in English, Islamic economics.
As its title clearly implies, "Madinan Society at the Time of the Prophet" (SAAS) is a work that brings out the most important aspects of life in the early Muslim community. Its author, the renowned scholar of sirah and Sunnah studies Professor Akram Diya' al'Umari, has expended a great deal of effort in order to make this book more than just a recitation of the historical record. The result is a breakthrough in historiographical methodology, as Dr. al'Umari has effectively succeeded in combining the strict methodological guidelines used by traditional Muslim scholars of the Sunnah and usul al hadith with modern methods of historical criticism. Volume One of this important new work, subtitle...