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Islamic Entrepreneurship
This book discusses the idea that there is a specific Islamic form of entrepreneurship. Based on extensive original research amongst small and medium sized enterprises in Saudi Arabia, it shows how businesses are started and how they grow in the context of an Islamic economy and society. It argues that as specific Islamic approaches to a wide range of economic activities are being formulated and implemented, there is indeed a particular Islamic approach to entrepreneurship. Examining the relationship between Islamic values and entrepreneurial activity, the book considers whether such values can be more effectively used in order to raise the profile of Islamic entrepreneurship, and also to promote alternatives to development in the contemporary business environment. The book analyses the nature of entrepreneurship, and the special qualities of Islamic entrepreneurship, and discusses how the Islamic approach to entrepreneurship can be encouraged and developed further still
Risk Management for Islamic Banks
Gain insight into the unique risk management challenges within the Islamic banking system Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. Using comprehensive global case studies, the book details the risks involving various banking institutions in Indonesia, Malaysia, UAE, Bahrain, Pakistan, and Saudi Arabia, pointing out the different management strategies that arise as a result of Islamic banking practices. Readers gain insight into risk management as a comprehensive system, and a process of interlinked continuous cycles that integr...
Introduction to Islamic Banking & Finance
Covering essential elements of Islamic Banking and Finance, as well as the latest views on topical debates surrounding the discipline, this text is essential reading for anyone seeking to understand this increasingly important sector of the finance industry. Written by Islamic scholars in the Arab world, this text gives new and pertinent insights into Islamic Banking and Finance, and its global impact.
Islamic Capital Markets
Islamic Finance has experienced rapid growth in recent years, showing significant innovation and sophistication, and producing a broad range of investment products which are not limited to the complete replication of conventional fixed-income instruments, derivatives and fund structures. Islamic Finance represents an elemental departure from traditional interest-based and speculative practices, relying instead on real economic transactions, such as trade, investment based on profit sharing, and other solidary ways of doing business, and aims to incorporate Islamic principles, such as social justice, ecology and kindness, to create investment products and financial markets which are both ethi...
Shari’ah and Common Law
Harmonisation of law, a term that refers to the bringing together of two different legal traditions, has developed a negative connotation when considered in the context of Shari’ah and common law. Harmonisation began to be looked at as an attempt by one legal system to impose its values on the other. A major reason for that is the lack of understanding of the scope to which these two legal traditions converge. One of the principal findings of this book is that Shari’ah and common law have many more commonalities than differences. As a result, the need for harmonisation between the two might have been exaggerated. The similarities do not need to be harmonised. Rather, they need to be acknowledged and appreciated. If the differences between Shari’ah and common law, which undoubtedly exist as evidenced in this book, are viewed with an appreciation of the commonalities, the ambiance to reconcile the differences would be more conducive to the harmonisation process. This book is intended to help readers better understand Shari’ah and common law and aid harmonisation efforts when the need arises.
The Sudanese Communist Party
This book serves as a case study of the Sudanese Communist Party and its impact as a grassroots movement that championed the Sudanese people. It accomplishes this by providing a rich narrative that details the SCP's inception, main players, important milestones and values of the Party. In this narrative, the author not only delivers a comprehensive examination of the party components, he guides readers through their connections to one another, but also associates them, and the party, to Sudanese society at large. Using original party documents and interviews with leading figures, this book is the first time this subject has been detailed so extensively in one publication. It is also the only up-to-date work available on the subject and includes analysis of the most recent party congress and the division of the Sudan and creation of the newly independent Republic of South Sudan.
The Muslim Brotherhood in Contemporary Egypt
The Muslim Brotherhood is one of the oldest and most influential Islamist movements. As the party ascends to power in Egypt, it is poised to adopt a new system of governance and state-society relations, the effects of which are likely to extend well beyond Egypt's national borders. This book examines the Brotherhood's visions and practices, from its inception in 1928, up to its response to the 2011 uprising, as it moves to redefine democracy along Islamic lines. The book analyses the Muslim Brotherhood's position on key issues such as gender, religious minorities, and political plurality, and critically analyses whether claims that the Brotherhood has abandoned extremism and should be engaged with as a moderate political force can be substantiated. It also considers the wider political context of the region, and assesses the extent to which the Brotherhood has the potential to transform politics in the Middle East.
The Military in Post-Revolutionary Iran
Iran's Revolutionary Guard Corps, also known as the 'Sepah', has wielded considerable and increasing power in Iran in recent decades. Established in 1979 by Ayatollah Khomeini as a paramilitary organisation charged with protecting the nascent Islamic regime and countering the untrustworthy Imperial army (or 'Artesh'), the Sepah has evolved into one of the most powerful political, ideological, military and economic players in Iran over recent years. The Sepah is entrusted with a diverse set of indoctrination apparatus, training programmes and system welfare provisions intended to broaden support for the regime. Although established as a paramilitary organisation, the Sepah developed to have i...
Social and Gender Inequality in Oman
Looking at the social, political and legal changes in Oman since 1970, this book challenges the Islamic and tribal traditional cultural norms relating to marriage, divorce and women’s rights which guide social and legal practice in the modern Omani state. The book argues that despite the establishment of legal instruments guaranteeing equality for all citizens, the fact that the state depends upon Islamic and tribal elites for its legitimacy invalidates these guarantees in practice. Two particular features of the legal and cultural regulation of marriage and marital rights are focused on - the perceived requirement for kafa’aor equality in marriage between so called high and low socio-ec...
