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Foundations Of Islamic Governance
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Book Synopsis Foundations of Islamic Governance by : Maszlee Malik
Download or read book Foundations of Islamic Governance written by Maszlee Malik and published by Routledge. This book was released on 2016-12-19 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to explore and analyze the Islamic axioms, foundation principles and values underpinning the field of governance in an attempt to construct the architectonics of a new systemic and dynamic theory and formulate the articulation of ‘Islamic governance’. This discursive and abstract, rather than being an empirical exercise, assumes to produce a ‘good governance’ framework within its own formulation through a value-shaped dynamic model according to maqasid al-Shari’ah (higher objective of Shari’ah) by going beyond the narrow remit of classical and contemporary discussions produced on the topic, which propose a certain institutional model of governance based on the classical juristic (fiqh) method. Through an exclusive analytical discursive approach in this book, readers will find that Islam as one of the major religions in the contemporary world with the claim of promising the underpinning principles and philosophical foundations of worldly affairs and institutions through a micro method of producing homoIslamicus could contribute towards development of societies by establishing a unique model of governance from its explicit ontological worldview through a directed descriptive epistemology.
Book Synopsis Foundations of Shari'ah Governance of Islamic Banks by : Karim Ginena
Download or read book Foundations of Shari'ah Governance of Islamic Banks written by Karim Ginena and published by John Wiley & Sons. This book was released on 2015-04-06 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust sharī'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical sharī'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share.
Book Synopsis Islam and the Foundations of Political Power by : Ali Abdel Razek
Download or read book Islam and the Foundations of Political Power written by Ali Abdel Razek and published by Edinburgh University Press. This book was released on 2013-09-24 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The translation of an essay first published in Egypt in 1925, which took the contemporaries of its author by storm. At a time when the Muslim world was in great turmoil over the question of the abolition of the caliphate by Mustapha Kamal Ataturk in Turke
Book Synopsis Foundations of Shari'ah Governance of Islamic Banks by : Karim Ginena
Download or read book Foundations of Shari'ah Governance of Islamic Banks written by Karim Ginena and published by John Wiley & Sons. This book was released on 2015-03-09 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide for robust sharī'ah governance ofthe Islamic banking industry Debate in the market on the extent of sharī'ahcompliance of Islamic banks, their products, and activities haspiqued stakeholders' interest. In Foundations of Sharī'ahGovernance of Islamic Banks, Karim Ginena and Azhar Hamidexplore the depths of sharī'ah governance to unravelits mysterious dimensions, and equip academics and practitionerswith a solid understanding of the subject, which has become aserious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain thesharī'ah risk that Islamic banks experience, andpresent a compelling argument for how this should be done. Ginenaand Hamid propose a robust sharī'ah governance modelthat comprehensively tackles thisrisk, and helps improve the extentof sharī'ah compliance of market players. The authorsdetail the internal, external, and institutional arrangementsneeded to promote responsible sharī'ah governance, andcritically analyze current laws, regulations, and industrypractices on the topic. The chapters of the book do thefollowing: Examine the roots, characteristics and objectives ofsharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ahgovernance, explore the different approaches adopted by bankingsupervisors, and provide examples of relevant legal and regulatorymeasures; Explain to bank directors and management the fiduciary dutythey assume with respect to sharī'ah compliance, anddetail how they could discharge this responsibility in line withbest practices; Elaborate on the purpose of the Sharī'ahSupervisory Board (SSB), its responsibilities, competence criteria,internal regulations, and key governance guidelines; additionally,they explore different SSB models; Describe the internal sharī'ah control systemincluding its six components, and examine the internalsharī'ah audit function as well as different stages ofconducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, withguidance on reporting lines, scope of duties, authority, andpractical ways on fulfilling tasks, such as a samplesharī'ah risk assessment grid and auditchecklists; Discuss the newly emerging external sharī'ahadvisory firms that are expected to play a key role in the comingyears and the services they provide. Through an effective treatment of each of these elements, andthe way that they interact with one another, the book offers afresh take on how robust sharī'ah governance of Islamicbanks can be successfully accomplished. It is a comprehensiveresource for academics, regulators, directors, lawyers, auditors,consultants, employees, and customers of Islamic banks interestedin learning more about these challenges. This essential readingpersuasively extends the discourse on the subject and addressescritical sharī'ah issues that have policy implicationsfor decision makers in jurisdictions aiming to attract thefast-growing Islamic finance industry or increase their marketshare.
Book Synopsis Islam and Good Governance by : M. A. Muqtedar Khan
Download or read book Islam and Good Governance written by M. A. Muqtedar Khan and published by Springer. This book was released on 2019-04-08 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book advances an Islamic political philosophy based on the concept of Ihsan, which means to do beautiful things. The author moves beyond the dominant model of Islamic governance advanced by modern day Islamists. The political philosophy of Ihsan privileges process over structure, deeds over identity, love over law and mercy and forgiveness over retribution. The work invites Muslims to move away from thinking about the form of Islamic government and to strive to create a self-critical society that defends national virtue and generates institutions and practices that provide good governance.
Book Synopsis The Foundations of Islamic Banking by : Mohamed Ariff
Download or read book The Foundations of Islamic Banking written by Mohamed Ariff and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: After barely half a century of experience, Islamic banking has become established as a new niche industry across the world offering new and sophisticated financial products designed to be compliant with the principles of Islamic legal principles and common law. This comprehensive book explores the theory, principles and practices underpinning this rapidly expanding sector of banking. Expert contributors ¿ including eminent scholars and senior practitioners in the field ¿ examine the roots of the principles of ethical Islamic financial transactions, which have evolved over several millennia, on issuesincluding usury, interest rates, financial contracting for funding enterprises, for mortgages, for leasing and other financial transactions. Regulatory and governance issues are discussed, and the practice and operation of Islamicfinancial institutions are explained via three distinct case studies. Importantly, the final chapter looks at what steps are being taken to provide professional accreditation to Islamic banking professional personnel, and prescribes requirements for training in this growing industry.
Book Synopsis Research in Corporate and Shari'ah Governance in the Muslim World by : Toseef Azid
Download or read book Research in Corporate and Shari'ah Governance in the Muslim World written by Toseef Azid and published by Emerald Group Publishing. This book was released on 2019-05-20 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in Corporate and Shari'ah Governance in the Muslim World: Theory and Practice aims to address a critical disciplinary gap between Islamic theory and the practice of the corporate sector in the Muslim World. Adopting a critical approach, the book sheds light on the impact of corporate governance on the economies of the Muslim world.
Book Synopsis Islamic Political Thought and Governance by : Abdullah Saeed
Download or read book Islamic Political Thought and Governance written by Abdullah Saeed and published by . This book was released on 2011 with total page 1593 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islam has had a significant impact on world history, not only as a major religion that has directed the personal beliefs and actions of individuals, but also as the basis of a distinct system of government that has developed its own institutions, practices and philosophies. This new Routledge Major Work collection is concerned with the development of political thought in Islam. By political thought is meant, broadly, the study and interpretation of Islamic political culture, ideas, beliefs, and institutions; the contribution of key political theorists and authorities to the understanding or practice of governance; what people and groups believed about political authority and institutions and their political convictions; and how politics in the Islamic world has related to and interacted with other disciplines, such as religion, law, ethics, and philosophy. Although contemporary issues in Islamic political thought are very much in the public focus at the moment, this set also focuses on the history and development of Islamic political theories and thought, from their inception until the twentieth century. Political thought in the Muslim world is connected to its history and by understanding the past, those who study contemporary political thought will have a better grounding to understand current and future developments. Moreover, understanding how Islamic political thought developed also helps shed light on the political thought of other civilizations, such as Western political thought. Political thought in Islam did not develop in isolation it responded to and interacted with the political institutions and theories of other civilizations throughout history.
Book Synopsis An Islamic Perspective on Governance by : Zafar Iqbal
Download or read book An Islamic Perspective on Governance written by Zafar Iqbal and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an analysis of key areas in governance from an Islamic standpoint. This book draws on classical Islam and contemporary sources to provide a comprehensive Islamic governance framework to contrast with the Western position.
Book Synopsis Foundations of Islamic Governance by : Maszlee Malik
Download or read book Foundations of Islamic Governance written by Maszlee Malik and published by Taylor & Francis. This book was released on 2016-12-19 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to explore and analyze the Islamic axioms, foundation principles and values underpinning the field of governance in an attempt to construct the architectonics of a new systemic and dynamic theory and formulate the articulation of ‘Islamic governance’. This discursive and abstract, rather than being an empirical exercise, assumes to produce a ‘good governance’ framework within its own formulation through a value-shaped dynamic model according to maqasid al-Shari’ah (higher objective of Shari’ah) by going beyond the narrow remit of classical and contemporary discussions produced on the topic, which propose a certain institutional model of governance based on the classical juristic (fiqh) method. Through an exclusive analytical discursive approach in this book, readers will find that Islam as one of the major religions in the contemporary world with the claim of promising the underpinning principles and philosophical foundations of worldly affairs and institutions through a micro method of producing homoIslamicus could contribute towards development of societies by establishing a unique model of governance from its explicit ontological worldview through a directed descriptive epistemology.
Book Synopsis The Principles of State and Government in Islam by : Muhammad Asad
Download or read book The Principles of State and Government in Islam written by Muhammad Asad and published by . This book was released on 2016-03-13 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2016 Reprint of 1961 Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Although the Muslims are for the most part imbued with enthusiasm for the idea of a truly Islamic state - that is, a state based not on the concepts of nationality and race but solely on the ideology of the Qur'an and Sunnah, they have as yet not realized a concrete vision of this form of government embodying a distinctly Islamic character. The very fact that none of the existing Muslim countries has so far achieved a form of government that could be termed genuinely Islamic, makes a discussion of the principle which ought to underlie the constitution of Islamic state imperative. By surveying nearly fourteen hundred years-beginning with the "Hijra," the formal origin of the Islamic calendar-this book demonstrates how manifold forms of the Islamic state may emerge from Islamic foundations, and how, essentially, any state that emerges, to be truly Islamic, must incorporate the doctrine of government by consent and counsel.
Book Synopsis The Impossible State by : Wael B. Hallaq
Download or read book The Impossible State written by Wael B. Hallaq and published by Columbia University Press. This book was released on 2012-11-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wael B. Hallaq boldly argues that the "Islamic state," judged by any standard definition of what the modern state represents, is both impossible and inherently self-contradictory. Comparing the legal, political, moral, and constitutional histories of premodern Islam and Euro-America, he finds the adoption and practice of the modern state to be highly problematic for modern Muslims. He also critiques more expansively modernity's moral predicament, which renders impossible any project resting solely on ethical foundations. The modern state not only suffers from serious legal, political, and constitutional issues, Hallaq argues, but also, by its very nature, fashions a subject inconsistent with what it means to be, or to live as, a Muslim. By Islamic standards, the state's technologies of the self are severely lacking in moral substance, and today's Islamic state, as Hallaq shows, has done little to advance an acceptable form of genuine Shari'a governance. The Islamists' constitutional battles in Egypt and Pakistan, the Islamic legal and political failures of the Iranian Revolution, and similar disappointments underscore this fact. Nevertheless, the state remains the favored template of the Islamists and the ulama (Muslim clergymen). Providing Muslims with a path toward realizing the good life, Hallaq turns to the rich moral resources of Islamic history. Along the way, he proves political and other "crises of Islam" are not unique to the Islamic world nor to the Muslim religion. These crises are integral to the modern condition of both East and West, and by acknowledging these parallels, Muslims can engage more productively with their Western counterparts.
Book Synopsis Edinburgh Companion to Shari'ah Governance in Islamic Finance by : Syed Nazim Ali
Download or read book Edinburgh Companion to Shari'ah Governance in Islamic Finance written by Syed Nazim Ali and published by Edinburgh University Press. This book was released on 2020-03-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.
Book Synopsis Islamic Government by : Ayatullah Ruhullah Khomeini
Download or read book Islamic Government written by Ayatullah Ruhullah Khomeini and published by . This book was released on 2014-01-02 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is one of the many Islamic publications distributed by Ahlulbayt Organization throughout the world in different languages with the aim of conveying the message of Islam to the people of the world.You may read this book carefully and should you be interested to have further study on such publications you can contact us through www.shia.es Naturally, if we find you to be a keen and energetic reader we shall give you a deserving response in sending you some other publications of this Organization.
Book Synopsis Foundations of Shari'ah Governance of Islamic Banks by : Karim Ginena
Download or read book Foundations of Shari'ah Governance of Islamic Banks written by Karim Ginena and published by . This book was released on 2015 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks , Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book ...
Book Synopsis The Contemporary Islamic Governed State by : Joseph J. Kaminski
Download or read book The Contemporary Islamic Governed State written by Joseph J. Kaminski and published by Springer. This book was released on 2017-08-21 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a normative reconceptualization of a modern Islamic governed state. First, Joseph Kaminski surveys the historical context of the trajectory of Islamic thought, and offers a unique discursive framework for reconceptualizing an Islamic governed state that rejects secular Enlightenment liberalism and instead is heavily grounded in Ancient Greek ideals of politics and political leadership. Despite heavily borrowing from Greek thought, the model offered remains firmly rooted in a Shari’ah-based, discursive ontological framework. The volume explores topics of bureaucracy, law, democracy, women in politics, and economic justice. Further, this volume presents case studies from Turkey, Egypt, Tunisia, and Malaysia, and utilizes the presented theoretical framework as a lens for analysis.
Book Synopsis Governance from the Perspective of Islam by : Muhammad Hussein Na'ini
Download or read book Governance from the Perspective of Islam written by Muhammad Hussein Na'ini and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This early twentieth-century treatise by the esteemed Ayatullah Aqa Sheikh Muhammad Hussein Na'ini is translated along with the 1955 Persian commentary on the treatise by the Iranian Ayatullah Sayyid Mahmud Taleqani. It takes into account two types of governance: the first a legitimate guardianship and the second a necessarily corrupted monopoly. Ayatullah Na'ini addresses the foundations of 'truth', the limitation of power during the occultation of the Imam, the function of constitutional governance, the nature of parliament and parliamentary representation, and the forces of despotism and how to overcome them. The treatise is a discussion of Islamic governance and its relationship to the Shia Ithna 'Ashari doctrine of Imammat, based on two basic principles: preservation of the domestic order and infrastructure, and safeguarding from foreign intervention or, in the lexicon of Islamic scholars, 'preserving the essence of Islam'. In addition to clarifying the often complex and at times obscure passages in Na'ini's treatise, Taleqani's commentary offers the view of a key leader of the 'Islamic' revolution of 1978-79 on Islam and governance.
