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Partnership And Profit In Medieval Islam
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Book Synopsis Partnership and Profit in Medieval Islam by : Abraham L. Udovitch
Download or read book Partnership and Profit in Medieval Islam written by Abraham L. Udovitch and published by Princeton University Press. This book was released on 2011-05-29 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the point of view of economic history, the ideal way to study any institution of commercial law would be to compare the information contained in legal codes and treatises with the material relating to its application in economic life as manifested by actual contracts, letters, and business records found in archives and other repositories. In the case of the early centuries of the Islamic period, available sources unfortunately preclude such a procedure. Theoretical legal texts exist in abundance, but any corresponding documentary material is for all practical purposes non-extant. In order to determine if the framework in which the trade and commerce of the early Islamic period was carried on--a trade known to have been active and important--we must of necessity rely on legal treatises for most of our information, which trying wherever possible to call upon whatever meager help other literary sources may provide. In the absence of documentary and similar sources, the possibility of investigating the quantitative aspects of trade is all but eliminated. However, in those areas of trade which have been described as qualitative, such as the variety of goods exchanged, the specialization of the merchant class, and the complexity of business methods, legal and other literary sources provide a great deal of valuable information. It is with the institutions of partnership and commenda in the early Islamic period, two of the qualitative components of trade, that Abraham L. Udovitch makes his primary focus in Partnership and Profit in Medieval Islam.
Book Synopsis Islamic Law and Finance by : Frank E. Vogel
Download or read book Islamic Law and Finance written by Frank E. Vogel and published by BRILL. This book was released on 1998-01-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mirroring the expansion of wealth in the Middle East and Asia and a surge in Islamic self-identity, Islamic banking practices have either become the law of the land or coexist and compete with Western practices in at least six countries. A growing number of institutions and mutual funds (akin to Western ''socially responsible'' funds) have established Islamic investment and other practices to cater to this burgeoning market. Because of its prevalence, practitioners in every banking-related area must familiarize themselves with current Islamic finance practices in order to do business with Muslim clients and to engage in cross-border financing. Injunctions from the "Qur'an and the sayings of Prophet Muhammed have generated a web of interrelated norms which prohibit Islamic financiers from engaging in transactions that involve interest "(riba) and speculation "(gharar). "Islamic Law and Finance describes the dynamic set of Islamically-sanctioned ways financiers can transacat business.
Book Synopsis The Blackwell Companion to Contemporary Islamic Thought by : Ibrahim Abu-Rabi'
Download or read book The Blackwell Companion to Contemporary Islamic Thought written by Ibrahim Abu-Rabi' and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Blackwell Companion to Contemporary Islamic Thoughtreflects the variety of trends, voices, and opinions in thecontemporary Muslim intellectual scene. Challenges Western misconceptions about the modern Muslim worldin general and the Arab world in particular. Consists of 36 important essays written by contemporary Muslimthinkers and scholars. Covers issues such as Islamic tradition, modernity,globalization, feminism, the West, the USA, reform, andsecularism. Helps readers to situate Islamic intellectual history in thecontext of Western intellectual trends.
Book Synopsis Conquest and Fusion by : S.J. Staffa
Download or read book Conquest and Fusion written by S.J. Staffa and published by BRILL. This book was released on 2021-10-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Histories of the Middle East by : Roxani Eleni Margariti
Download or read book Histories of the Middle East written by Roxani Eleni Margariti and published by BRILL. This book was released on 2010-12-20 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dedicated to their teacher, Abraham L. Udovitch, his students offer in this volume a chronologically, geographically and thematically wide range of papers united by an emphasis on a close reading of primary sources and the juxtaposition of different genres of narratives.
Download or read book Going the Distance written by Ron Harris and published by Princeton University Press. This book was released on 2020-02-11 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Long-distance oceanic and overland trade along the Eurasian landmass in the 1400s was largely dominated by Chinese, Indian, and Arabic traders and predominantly conducted over short trajectories by sole traders or organized around small-scale enterprises. Yet, within two centuries of Europeans' arrival in the Indian Ocean in 1498, long-distance trade throughout Eurasia was mainly taken over by them. By 1700, they had formed new, large-scale, and impersonal organizations, primarily a joint-stock business corporation between English East India Company (EIC) and Dutch East India Company (VOC). This allowed them to transform trade from an enterprise dominated by many small traders moving goods over short segments to a vertically integrated firm that was able to control goods from their origin to the end consumers. This rise of the business corporation proved essential for the economic rise of Europe. Why did the corporation arise indigenously only in Europe, and given its effective organization of long-distance trade, why wasn't it mimicked by other Eurasian civilizations for 300 years? Harris closely examines the role played by forms of organization in the transformation of Eurasian trade between 1400 and 1700, comparing the organizational forms that were used in four major civilizations: Chinese, Indian, Middle Eastern, and Western European. Through this comparative perspective, he argues that the organizational design of the EIC and VOC, the first long-lasting joint-stock corporations, enabled large-scale multilateral impersonal cooperation for the first time in human history. He also argues that this new organizational form enabled the English and Dutch to deploy more capital, more ships, more voyages, and more agents than other organizational forms"--
Book Synopsis Hidden Interests in Credit and Finance by : James B. Greenberg
Download or read book Hidden Interests in Credit and Finance written by James B. Greenberg and published by Rowman & Littlefield. This book was released on 2017-09-20 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, James B. Greenberg and Thomas K. Park take an anthropological approach to the economic history of the past one thousand years and define credit as a potentially transformative force involving inequalities. Traveling through the Mediterranean and Europe, from the medieval period to the modern day, Greenberg and Park reorient financial history and position social capital and ethical thought at its center. They examine the multicultural origins of credit and finance, from banking to credit cards and predatory lending to the collapse of global credit markets in 2007–2008. This book is recommended for scholars of anthropology, history, economics, religion, and sociology.
Book Synopsis A Comparative Study of Banking in the West and in Islam by : Cheikh Soumare
Download or read book A Comparative Study of Banking in the West and in Islam written by Cheikh Soumare and published by Xlibris Corporation. This book was released on 2015-07-08 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Comparative Study of Banking in the West and in Islam, by Cheikh Abdou Khadr Soumare, traces the history of European banking from the Middle Ages until today. Beginning with the ancient origins of the institution of banking itself, Soumare describes how two schools of banking emerged: Islamic and Western. The study demonstrates how the trade practices of the Islamic world influenced European banking at its inception, and how Islam and Christendom dealt differently with their mutual prohibition of usury, with the West gradually loosening the ban while Islam maintained it into the nineteenth century. Despite this apparent handicap, commerce flourished in the Islamic world, thanks to the invention of alternative commercial techniques such as the form of investment partnership known as mudaraba, characterized by small size and decentralized decision-makingits strengthbut also a weakness in competition with the massive volume of private investment Western deposit banks could generate. The author poses the idea that perhaps a transformed version of this ancient model could resolve the paradox and open contemporary Islamic commerce to almost unlimited growth.
Book Synopsis New Issues in Islamic Finance and Economics by : Hossein Askari
Download or read book New Issues in Islamic Finance and Economics written by Hossein Askari and published by John Wiley & Sons. This book was released on 2011-12-19 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Issues in Islamic Finance & Economics: Progress and Challenges provides a review of the main issues and challenges facing Islamic finance. The application of Islamic finance is currently limited to banking. This book starts with an overview of the factors and motives behind the development of Islamic finance. A critical review of issues facing the industry is provided followed by a detailed analysis of areas where further attention is required. The book offers some original thinking on issues pertaining to governance, institutions, public finance and economic development within an Islamic financial system.
Book Synopsis The Business of Identity by : Phillip I. Ackerman-Lieberman
Download or read book The Business of Identity written by Phillip I. Ackerman-Lieberman and published by Stanford University Press. This book was released on 2014-01-15 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cairo Geniza is the largest and richest store of documentary evidence for the medieval Islamic world. This book seeks to revolutionize the way scholars use that treasure trove. Phillip I. Ackerman-Lieberman draws on legal documents from the Geniza to reconceive of life in the medieval Islamic marketplace. In place of the shared practices broadly understood by scholars to have transcended confessional boundaries, he reveals how Jewish merchants in Egypt employed distinctive trading practices. Highly influenced by Jewish law, these commercial practices served to manifest their Jewish identity in the medieval Islamic context. In light of this distinctiveness, Ackerman-Lieberman proposes an alternative model for using the Geniza documents as a tool for understanding daily life in the medieval Islamic world as a whole.
Book Synopsis The Jews of the Ottoman Empire in the Late Fifteenth and the Sixteenth Centuries by : Aryeh Shmuelevitz
Download or read book The Jews of the Ottoman Empire in the Late Fifteenth and the Sixteenth Centuries written by Aryeh Shmuelevitz and published by Brill Archive. This book was released on 1984 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monsoon Islam by : Sebastian R. Prange
Download or read book Monsoon Islam written by Sebastian R. Prange and published by . This book was released on 2018-05-03 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reveals a distinct trajectory of Islamic history that developed among Muslim merchant communities across the medieval Indian Ocean.
Book Synopsis The Foundations of Islamic Economics and Banking by : Abdulrahman Haitham Shoukat Kabbara
Download or read book The Foundations of Islamic Economics and Banking written by Abdulrahman Haitham Shoukat Kabbara and published by Partridge Publishing Singapore. This book was released on 2014-05-23 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first part of this book is designed to display the sources and principles of economics and trade transactions in the Islamic community. It analyzes the judicial injunctions against riba and proves that riba including interest is prohibited. Basing the argument on theoretical (Quran and Sunna) as well as the customary practice during the life of the messenger of God in Mekka and Al-Madina. Notably, the Islamic teachings covers both the worldly and religious affairs. This is a very revealing indication that Islam does not only regulate the relations of the human beings with God, but also extends to regulating (i) the relationship of the ruler with the ruled through al-shura, and (ii) economic and financial transactions in the market. Notable among these transactions: a) the abolition of riba and instigating interest-free economy, (b) providing the basic needs of society, (c) achieving social justice by applying zakat levy and other ordinances, and last but not least inheritance law and redistribution of State land for public benefits. The second and third part of the book explains and proves that prohibition of riba does not circumvent trade or paralyze the economy. On the contrary by eliminating injustice inherent in riba, the banking system will be liberated from discrepancies and the economy will perform more efficiently by mitigating the evils of riba.
Book Synopsis The New Cambridge History of Islam: Volume 4, Islamic Cultures and Societies to the End of the Eighteenth Century by : Robert Irwin
Download or read book The New Cambridge History of Islam: Volume 4, Islamic Cultures and Societies to the End of the Eighteenth Century written by Robert Irwin and published by Cambridge University Press. This book was released on 2010-11-04 with total page 1104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Irwin's authoritative introduction to the fourth volume of The New Cambridge History of Islam offers a panoramic vision of Islamic culture from its origins to around 1800. The introductory chapter, which highlights key developments and introduces some of Islam's most famous protagonists, paves the way for an extraordinarily varied collection of essays. The themes treated include religion and law, conversion, Islam's relationship with the natural world, governance and politics, caliphs and kings, philosophy, science, medicine, language, art, architecture, literature, music and even cookery. What emerges from this rich collection, written by an international team of experts, is the diversity and dynamism of the societies which created this flourishing civilization. Volume four of The New Cambridge History of Islam serves as a thematic companion to the three preceding, politically oriented volumes, and in coverage extends across the pre-modern Islamic world.
Book Synopsis Yearbook of Islamic and Middle Eastern Law by : Eugene Cotran
Download or read book Yearbook of Islamic and Middle Eastern Law written by Eugene Cotran and published by BRILL. This book was released on 2002-01-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Yearbook of Islamic and Middle Eastern Law is the flagship publication of the Centre of Islamic and Middle Eastern Law (CIMEL) of the school of Oriental and African Studies (SOAS) in London. It is increasingly regarded as the leading international forum for commentary on, and analysis of, emerging issues in a field of study of everincreasing global significance. There is no more useful and thorough pricis of what has happened in Islamic and Middle Eastern law over the last year. With Volume 8 -and the advent of Martin Lau as co-editor with Eugene Cotran- the Yearbook begins an expansion of its purview into non-Arab Islamic countries, beginning in this volume with essays covering issues in Afghanistan and Kenya. The Yearbook will continue to be an authorative source of insightful commentary and scholarship on relevant developments wherever the influence of Islamic law is felt.
Book Synopsis Theory and Practice of Modern Islamic Finance by : Abu Umar Faruq Ahmad
Download or read book Theory and Practice of Modern Islamic Finance written by Abu Umar Faruq Ahmad and published by Universal-Publishers. This book was released on 2009-12 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: " ... Seeks to contribute to the existing body of work in the area of Islamic finance through examining the extent of divergence in practice of Islamic financing from the traditional Shari'ah in the Australian context. The author makes a discursive analysis of the regulation of Islamic finance in Australia in terms of (a) the financing instruments used, (b) certainty of transactions between participants in the system, and (c) institutional risk management of Islamc financial institutions."--Back cover.
Book Synopsis Under Crescent and Cross by : Mark R. Cohen
Download or read book Under Crescent and Cross written by Mark R. Cohen and published by Princeton University Press. This book was released on 1994 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the Jews in the Middle ages
