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Author : Muhammad Nejatullah Siddiqi
Publisher :
ISBN 13 :
Total Pages : 162 pages
Book Rating : 4.:/5 (912 download)
Download or read book Riba, Bank Interest and the Rationale of Its Prohibition written by Muhammad Nejatullah Siddiqi and published by . This book was released on 2004 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Muhammad Nejatullah Siddiqi
Publisher :
ISBN 13 : 9789960321455
Total Pages : 162 pages
Book Rating : 4.3/5 (214 download)
Download or read book Riba, Bank Interest and the Rationale of Its Prohibition written by Muhammad Nejatullah Siddiqi and published by . This book was released on 2004 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : A. Saeed
Publisher : BRILL
ISBN 13 : 9004661174
Total Pages : 178 pages
Book Rating : 4.0/5 (46 download)
Download or read book Islamic Banking and Interest written by A. Saeed and published by BRILL. This book was released on 1999-08-15 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book critically examines the traditional interpretation of riba (translated as usury of interest) and the attempts of modern Islamic banks to put that interpretation into practice. The first part of the book examines the prohibition and interpretation of riba in Islam, as well as the controversies surrounding it. The second part examines the alternatives to interest-based financing utilised in Islamic banking and the problems associated with such alternatives with particular focus on mudaraba, musharaka and marabaha. The book questions the legalistic approach to the interpretation of riba and argues for a moral understanding of the issue in the light of the authoritative texts of Islam and the lessons learnt from the Islamic banking experiment.
Download or read book Riba, Bank Interest and the Rationale of Its Prohibitation written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Imran Ahsan Khan Nyazee
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781541245617
Total Pages : 228 pages
Book Rating : 4.2/5 (456 download)
Download or read book The Concept of Riba and Islamic Banking written by Imran Ahsan Khan Nyazee and published by Createspace Independent Publishing Platform. This book was released on 2016-12-22 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Riba (Usury), call it bank-interest if you like, is prohibited by the texts of the Qur'an and the Sunnah. This was the conclusion drawn unanimously by the Muslim jurists (fuqaha'); and it is also the decisive view of the vast majority of modern Muslim scholars. Despite this general agreement, a confusion persists in the minds of many, jurists and laymen alike, that even though some forms of interest are prohibited, the simple interest charged by banks may not be prohibited by Islamic law. What is the reason for such a doubt? Why do some uphold prohibition with conviction, while others do not? This book attempts to elaborate the foundations on this prohibition is based, and in doing so removes some of the persistent disagreements.The explanations provided are based upon the works of the earlierjurists so that the discussion is undertaken in a detached manner.
Author : Abdullah Saeed
Publisher :
ISBN 13 :
Total Pages : 169 pages
Book Rating : 4.:/5 (124 download)
Download or read book Islamic Banking and Interest written by Abdullah Saeed and published by . This book was released on 1999 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Imran N. Hosein
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (85 download)
Download or read book The Importance of the Prohibition of Riba in Islam written by Imran N. Hosein and published by . This book was released on 1996 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hasan Gürak
Publisher : Taylor & Francis
ISBN 13 : 1003860990
Total Pages : 237 pages
Book Rating : 4.0/5 (38 download)
Download or read book The Law of Riba in Islamic Banking written by Hasan Gürak and published by Taylor & Francis. This book was released on 2024-03-12 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 with in the first section. The first two chapters examine conventional Islamic views on the prohibition of riba, while Chapters 3 and 4 contain unprecedented and alternative theoretical analysis based on concepts such as "earned" (halal-permitted-legal) vs. "unearned" (haram-impermissible-illegal) income and SUKUK, that is, Islamic interest-free bonds. The second part of the book tackles another unconventional aspect of Islamic finance, that is, the concept of NAS. The book considers whether the NAS-influenced anti-inflationary interest policy was a success or failure. Empirical data is evaluated in terms of bank incomes, inflation rate, interest rate, and the distribution of income. This book will be a useful guide for students, scholars, and researchers of Islamic banking and finance.
Author : Imran Nazar Hosein
Publisher :
ISBN 13 : 9789839541182
Total Pages : 60 pages
Book Rating : 4.5/5 (411 download)
Download or read book The Importance of the Prohibition of Riba in Islam written by Imran Nazar Hosein and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Imran HOSEIN
Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.5/5 (134 download)
Download or read book The Prohibition of Riba in Quran and Sunnah written by Imran HOSEIN and published by . This book was released on 2021-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Being an explanation of the Islamic prohibition of riba (i.e borrowing and lending on interest, among other things), and an effort: To remind Muslims of the teachings of the Quran and Sunnah as they pertain to the prohibition of riba and, in particular, that a violation of this prohibition constitutes a great sin. To expose the grand design of hostile forces who have already made considerable progress, through riba, in gaining control over mankind. Their aim is to gain total control and to use that power to destroy faith in Allah. To assist Muslims to get out of direct involvement in riba, and thus to preserve their faith (iman), while recognising that is is today impossible to live a life which is completely free from riba. To explain the economic sunnah, (i.e the Sunnah as it pertains to economic affairs) and in particular, the nature of the free and fair market and the different ways through which that market has today been totally corrupted. To warn Muslims of the inevitable collapse of the present fraudulent system of non redeemable artificial money, i.e paper, plastic and electronic money; and to encourage them to return to the use of the real money created by Allah, i.e gold and silver coins and any other real money. To contribute towards the restoration of the free and fair market (with a different business ethic to that of the riba-based capitalism) by encouraging ba'i (business) in the place of riba, and the raising of capital by way of mudarabah and musharaqa investments rather than bank loans on interest. That time has now arrived!
Download or read book The Prohibition of Usury in Islam written by and published by . This book was released on 2006 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Abdullah Saeed
Publisher :
ISBN 13 :
Total Pages : 860 pages
Book Rating : 4.:/5 (221 download)
Download or read book Riba, Interest and Islamic Banking written by Abdullah Saeed and published by . This book was released on 1992 with total page 860 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ahmad Ajaj
Publisher : Springer
ISBN 13 : 9781853337215
Total Pages : 176 pages
Book Rating : 4.3/5 (372 download)
Download or read book Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking written by Ahmad Ajaj and published by Springer. This book was released on 1992-09-21 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gilles Kepel
Publisher : Harvard University Press
ISBN 13 : 9780674010901
Total Pages : 468 pages
Book Rating : 4.0/5 (19 download)
Download or read book Jihad written by Gilles Kepel and published by Harvard University Press. This book was released on 2002 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kepel has traveled throughout the Muslim world gathering documents, interviews, and archival materials, in order to give readers a comprehensive understanding of the scope of Islamist movements, their past, and their present. 7 maps.
Author : Imran Ahsan Khan Nyazee
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781541245914
Total Pages : 114 pages
Book Rating : 4.2/5 (459 download)
Download or read book The Prohibition of Riba Elaborated written by Imran Ahsan Khan Nyazee and published by Createspace Independent Publishing Platform. This book was released on 2016-12-22 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The texts of the Qur'an and the Sunnah that prohibit riba are not easy to understand. An earlier book written by this author, called The Concept of Riba and Islamic Banking, appeared to be difficult for some readers. In fact, a few eager students stated that they were able to understand the text only after they had read it two or three times. This book tries to simplify some of the difficult areas of juristic interpretation. Some additional explanations have been added as compared to our last attempt in 1995, in the book mentioned. A major problem has been the recognition, by modern ulama and scholars, of some basic truths about the prohibition of riba. This non-recognition sometimes appears to be a reluctance to face a few harsh realities and a tendency to evade thorny issues. One such issue is the prohibition of all loans, other than what we have come to call a charitable loan or qard hasan. The issue lies at the heart of all Islamic banking. Instead of giving arguments on this issue and responding to the arguments made in favour of such prohibition, our modern scholars and leading muftis maintain total silence. The present book includes at least one instance of such evasion. It is only when a response on this issue is available from modern scholars that knowledge in this area will advance further. Without such a discussion, Islamic banking has very little chance of success.
Author : Nico P. Swartz
Publisher :
ISBN 13 : 9789991291444
Total Pages : 187 pages
Book Rating : 4.2/5 (914 download)
Download or read book The Application of the Prohibitation of Usury (Riba) in the Islamic Finance and Banking Law written by Nico P. Swartz and published by . This book was released on 2013 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mahmoud A. El-Gamal
Publisher : Cambridge University Press
ISBN 13 : 1139457160
Total Pages : 239 pages
Book Rating : 4.1/5 (394 download)
Download or read book Islamic Finance written by Mahmoud A. El-Gamal and published by Cambridge University Press. This book was released on 2006-07-03 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the practice of Islamic finance and the historical roots that define its modes of operation. The focus of the book is analytical and forward-looking. It shows that Islamic finance exists mainly as a form of rent-seeking legal-arbitrage. In every aspect of finance - from personal loans to investment banking, and from market structure to corporate governance - Islamic finance aims to replicate in Islamic forms the substantive functions of contemporary financial instruments, markets, and institutions. By attempting to replicate the substance of contemporary financial practice using pre-modern contract forms, Islamic finance has arguably failed to serve the objectives of Islamic law. This book proposes refocusing Islamic finance on substance rather than form. This approach would entail abandoning the paradigm of 'Islamization' of every financial practice. It would also entail reorienting the brand-name of Islamic finance to emphasize issues of community banking, micro-finance, and socially responsible investment.
