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Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications. Universities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, Introduction to Islamic Economics brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. Introduction to Islamic Economics provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to Introduction to Islamic Finance, 2E by Iqbal and Mirakhor.
The alternative to debt-based contracts—namely mutual exchange, where one
bundle of property rights is exchanged for another—allows both parties to share
production, transportation, and marketing risks. In order to fit into this framework,
...
"Scholars and practitioners who specialize in business, economics, international relations, religion, and sociology will find this book a necessary resource for broadening their understanding of the religious and cultural aspects of conducting business across cultures. The comprehensive and original coverage of the book will prove useful in understanding business, cultural, and philosophical issues related to the Islamic World."--BOOK JACKET.
... quality work in management science, human resource management,
organisational behaviour, marketing, management information systems,
operations management, business ethics, strategic management and
international management.
As an institution of Higher Education, the Islamic College is keenly aware of the needs for academic literature aimed at students of Islamic studies. Naturally the Qur’an, the central core of Islamic thought, is at the heart of this academic interest. This book is meant as reading material for students of Qur’anic studies and as an introduction to some of the basic concepts and works in Shi‘a exegesis. It is a collection of articles written by experts in the field, summarizing the main issues and discussions, and translated into English for the benefit of a Western audience.
As an institution of Higher Education, the Islamic College is keenly aware of the needs for academic literature aimed at students of Islamic studies. Naturally the Qur’an, the central core of Islamic thought, is at the heart of this academic interest. This book is meant as reading material for students of Qur’anic studies and as an introduction to some of the basic concepts and works in Shi‘a exegesis. It is a collection of articles written by experts in the field, summarizing the main issues and discussions, and translated into English for the benefit of a Western audience.
This book is meant as reading material for students of Qur’anic studies and as an introduction to some of the basic concepts and works in Shi‘a exegesis.
It was as late as 1876 that to promote ethical culture movement poor Alder Felix (
1851-1933) founded the Society of Ethical Culture Movement in New York while
such a society was founded in England not earlier than 18878, Out of hundreds ...
