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The Prohibition Of Riba In Quran And Sunnah
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Book Synopsis The Causes and Consequences of Interest Theory by : Cem Eyerci
Download or read book The Causes and Consequences of Interest Theory written by Cem Eyerci and published by Springer Nature. This book was released on 2021-07-07 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.
Book Synopsis Islamic Commercial Law by : Muhammad Yusuf Saleem
Download or read book Islamic Commercial Law written by Muhammad Yusuf Saleem and published by John Wiley & Sons. This book was released on 2013-01-15 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise study of the practices in Islamic commercial law Filling a gap in the current literature, Islamic Commercial Law is the only book available that combines the theory and practice of Islamic commercial law in an English-language text. From the experts at the International Islamic University Malaysia, the book examines the source materials in the Qur'an and Hadith, and highlights the views and positions of leading schools of Islamic law, without burying the reader in juristic minutia. It combines theory with practice to address the needs of students while providing a pragmatic treatment of Islamic contracts. It provides diagrams for individual contracts to reveal the type and nature of the contractual relationships between parties and discusses all types of fundamental transactions, including sales, loans, debt transfers, partnerships, and more. Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic finance Closes a vital gap in the English-language literature on Islamic commercial law Features end-of-chapter questions to enable self-testing and provoke critical thinking An ideal guide for current students, researchers, and practitioners, Islamic Commercial Law offers a concise yet comprehensive coverage of the subject.
Book Synopsis The Lawful and the Prohibited in Islam (Al-Halal Wal Haram Fil Islam) by : Yusuf Al-Qaradawi
Download or read book The Lawful and the Prohibited in Islam (Al-Halal Wal Haram Fil Islam) written by Yusuf Al-Qaradawi and published by American Trust Publications. This book was released on 1999-01-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lawful and the Prohibited in Islam is a long-awaited translation of Dr. Yusuf Al-Qaradawi's well-known Arabic work, Al-Halal Al-Haram Fil-Islam. Over the years since ite first publication in 1960, this volume has enjoyed a huge readership in the Arabic speaking world and is now in its 20th edition. It came to dispel the ambiguities surrounding the honorable Shari'ah, and to fulfill the essential needs of the Muslims in this age. It clarifies the Halal (Lawful) and why it is Halal, and the Haram (Prohibited) and why it is Haram, referring to the Book of Allah and the Sunnah of His Messenger (peace be on him). It answers all the questions which may face the Muslims today, and refutes the ambiguities and lies about Islam. In a very simple way, Al-Halal Al-Haram Fil-Islam delves into the authentic references in Islamic jurisprudence and fiqh. It therefrom extracts judgments of interest to contemporary Muslims in the areas of worship, business dealings, marriage and divorce, food and drink, dress and ornaments, patterns of behavior, individual and group relations, family and social ethics, habits and social customs. Referring to authentic texts, it clarifies that "Permission is the rule in everything, unless it is otherwise specified in matters that adversely affect individuals or groups." It also clarifies that "Allah is the only authority who has the right to legislate for the lawful and the prohibited."
Book Synopsis The Concept of Riba and Islamic Banking by : Imran Ahsan Khan Nyazee
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.
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.
Book Synopsis Unlawful Gain and Legitimate Profit in Islamic Law:Riba, Gharar, and Islamic Banking by : Ahmad Ajaj
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 :M. Umer Chapra Publisher :International Institute of Islamic Thought (IIIT) ISBN 13 :0860371476 Total Pages :19 pages Book Rating :4.8/5 (63 download)
Book Synopsis Towards a Just Monetary System by : M. Umer Chapra
Download or read book Towards a Just Monetary System written by M. Umer Chapra and published by International Institute of Islamic Thought (IIIT). This book was released on 1985 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards a Just Monetary System is the first comprehensive study of the goals, nature and operations of the monetary system of Islam, which has justice as one of its most indispensable objectives.For most people, including some Muslims, an interest-free economy is a mystery. Hence a number of questions are asked. Has Islam really prohibited interest and, if so, what is the purpose behind this? Can an economy run without interest? What will be the impact on resource allocation, savings and capital formation, economic stability and growth? Dr. Chapra takes the mystery out of the subject by answering these and a number of other questions by means of a thorough economic analysis. While he shows the rationale behind the prohibition of interest and the strengths of a purely equity-based Islamic economy, he also indicated the problems and gives a realistic proposal for solving them. Dr. Chapra also elaborates the changes that must be introduced in the nature and operations of commercial and central banks: the auxiliary institutions which must be established, and the new tools of monetary policy that must be developed to enable the Islamic money and banking system to function effectively. He however warns that the abolition of interest is not the only value of Islam and unless it is political institutions of Muslim countries, their economies cannot be transformed and socio-economic justice as well as a whole range of other important goals of Islam cannot be realized. This calls for a gradual transformation, but with a total commitment.The Islamic Foundation is an educational and research organization developed to make Islam a living reality in our age. For this purpose, it aims at improving human communication and developing a better understanding of Islam among all people of the world, Muslim and non-Muslim, so as to galvanize man to the message and ideal of One God and the unity of mankind. As brought by all Prophets of God throughout the ages, last of whom was the Prophet Muhammad (blessings of Allah and peace be upon him). An important aspect of the foundation’s multifarious activities is the publication of literature of Islam.
Book Synopsis Concepts of Islamic Banking & Finance in the Light of Quran & Sunnah by : Mufti Fahad Ahmed Qureshi
Download or read book Concepts of Islamic Banking & Finance in the Light of Quran & Sunnah written by Mufti Fahad Ahmed Qureshi and published by Lulu.com. This book was released on 2018-02-12 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic banking system is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. Two basic principles of Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest. Collecting interest is not permitted under Islamic law.
Book Synopsis Riba, Bank Interest and the Rationale of Its Prohibition by : Muhammad Nejatullah Siddiqi
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:
Book Synopsis The Importance of the Prohibition of Riba in Islam by : Imran N. Hosein
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:
Book Synopsis The Lawful and the Prohibited in Islam by : Yusuf al-Qaradawi
Download or read book The Lawful and the Prohibited in Islam written by Yusuf al-Qaradawi and published by The Other Press. This book was released on 2013-10-11 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its first publication in 1960, this famous work by Yusuf al-Qaradawi has enjoyed a huge readership in the Muslim world, and has been translated into many languages. It dispels the ambiguities surrounding the Sharī‘ah to fulfil the essential needs of the Muslims in this age. It clarifies the ḥalāl (lawful) and why it is ḥalāl, and the ḥarām (prohibited) and why it is ḥarām, referring to the Qur’an and the Sunnah of the Prophet. It answers questions which may face the Muslims today, and refutes the ambiguities and lies about Islam. Dr al-Qaradawi delves into the authentic references in Islamic jurisprudence, extracting judgements of interest to contemporary Muslims in the areas of worship, business dealings, family life, food and drink, dress and ornaments, patterns of behaviour, individual and group relations, family and social ethics, habits and social customs.
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 Muslim Economic Thinking by : Muhammad Nejatullah Siddiqi
Download or read book Muslim Economic Thinking written by Muhammad Nejatullah Siddiqi and published by . This book was released on 1981 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a survey of Muslim economic thinking in the last two decades of the 20th century in Arabic, Urdu and English.
Book Synopsis Some Distinctive Features of Islam by : Hazrat Mirza Tahir Ahmad
Download or read book Some Distinctive Features of Islam written by Hazrat Mirza Tahir Ahmad and published by Islam International. This book was released on 2008 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some distinctive features of islam was a lecture delivered by Hazrat Mirza Tahir Ahmad (rh) at the University of Canberra, Australia. The speaker builds up his lecture on the thesis that the most distinctive feature of Islam is twofold. First, it is the only religion which claims to be, and is, the final, the universal and eternal religion for all times and for all peoples. Second, it is the only religion which acknowledges, and bears witness to, the veracity of every other religions and claims that the truth is not the monopoly of Islam aloneówhereas every other religion claims that it alone contains the Divine truth. Then Hazrat Mirza Tahir Ahmad (rh) answers at some length the question that if all religions are from God then why is there any difference in religions. Moreover he argues three main points: that Islamic teachings are not only universal and eternal but are also complete, comprehensive and perfect; that the Holy Quran is the final and immutable word of God free from all human interpolation; and that the Prophet of Islam, the Holy Prophet Muhammad (sa) is the Seal of the Prophetsóthe best of themóand the perfect model of excellence for mankind. In the middle part of lecture he discuses seventeen features of Islam which distinguish it from other religion and ideologies including the Islamic concept of justice and Islamic teachings regarding the form and function of government. At the end the speaker introduces the Founder of Ahmadiyya Muslim Community and the Community itself to his audience concluding his lecture with an excerpt from the writings of the Promised Messiah (as).
Book Synopsis An Introduction to Islamic Finance by : Muḥammad Taqī ʻUs̲mānī
Download or read book An Introduction to Islamic Finance written by Muḥammad Taqī ʻUs̲mānī and published by Arham Shamsi. This book was released on 1998 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The System of Islam (Nidham Al Islam) by : Taqiuddin an Nabahani
Download or read book The System of Islam (Nidham Al Islam) written by Taqiuddin an Nabahani and published by Createspace Independent Publishing Platform. This book was released on 2016-06 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This excellent book is translated from the original Arabic book 'Nidham ul Islam' by Sheikh Taqiuddin An Nabahani, an Islamic jurist, 'alim, writer and the founder of Hizb ut-Tahrir - the largest Islamic global political party under a single leadership. It lays out the fundamentals to develop a strong Islamic personality and da'wah carrier. It begins with laying the foundation by explaining the correct way to belief. It proves the existence of a creator intellectually and the Quran as the final revelation sent to humanity by Allah (swt). It then goes on to clarify the important creedal concept of Al-Qada wal Qadar (fate and destiny), which is often held in a vague or confused manner. The third chapter, its largest concentrates on explaining the different ideologies that exists namely Capitalism, Communism and Islam highlighting the differences between them giving the reader a clear framework to understand the world that we live in. After having laid the basis for the correct belief, intellectual and political thinking, it then moves onto address the key Islamic legal principles. The short chapters are intended to focus on the most important aspects such as Usuli subjects like the meaning of Hukm Shar'i, the types of ahkam shariah, Sunnah and emulating (ta'assi) the actions of the Messenger (saw). The last section of the book also clarifies misconceptions regarding spirituality and morals according to Islam as well as articulating the need for a constitution for the future Islamic state.
Book Synopsis Public Finance in Islam by : International Monetary Fund
Download or read book Public Finance in Islam written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-09-06 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all citizens. The paper deals with issues related to evolution of fiscal policies best suited to achieve this and other Islamic socio-economic objectives in the specific framework of Islamic teachings. The implications of such a system for growth, monetary stability, resource allocation, and pattern of income distribution are also examined.
