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In: Islamic business and finance series
In: A Gower book
Acknowledgment -- Prologue -- Introduction: the nature of Islamic financial economics in Tawhidi methodological framework -- The Tawhidi methodology with implication in Islamic economics as an embedded socio-scientific system contra-Islamic mainstream reasoning -- The philosophy of knowledge in Islam and its implications on the generality and specifics of the world-system -- Religion and social economics -- Appendix to chapter 3: non-parametric representation of what integration between economics and religions means in the evolutionary learning methodological worldview -- Generalized system view of Maqasid as-shariah -- The performance measures of Islamic banking based on the maqasid framework -- Shari'ah market in global implications -- A generalized islamic development-financing instrument -- The role of zakah in mainstream economic model -- Human potential, wellbeing and philanthropy: a philosophico-financial economic inquiry -- The Islamic panacea to global financial predicament : a new financial architecture -- Statistical appendix to chapter 10: data on critical financial crisis indicators -- Is there possibility for Islamic financial economics and islamic banking? (a post-orthodoxy criticism) -- Conclusion: islamisation of knowledge and education and its implication in Islamic financial economics
World Affairs Online
In: Islamic business and finance series
A thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system.
In: Critical concepts in economics
In: Islamic banking and finance Vol. 1
ISSN: 1301-3289
ISSN: 1301-3289
In: The Islamic world
What are the percepts of Shari'ah law? What role did Genghis Khan play in Islamic history? How do the teachings of the Qur'an mesh with those of other religious texts? Islamic History is part of a 3 book series. In this powerful, probing, and thought-provoking series, the world of Islam is explored and explained. With coverage from around the world and across the centuries, each book provides a thorough look into the religion with nearly two billion adherents worldwide. Readers will develop a comprehensive understanding of this incredibly rich faith and its contributions to world culture and h
In: IDSA journal, Band 11, Heft 4, S. 346-367
World Affairs Online
In: Politics and religion: official journal of the APSA Organized Section on Religion and Politics, Band 13, Heft 4, S. 768-795
ISSN: 1755-0491
AbstractThere is a paradox: why are there so many political and economic Islamic actors in the Middle East but not a large willingness on their part to adopt and promote Islamic banking and finance methodologies? This paper argues that the more vague and ambivalent these actors are on economic policy, the wider their appeal; and, by extension, the more compatible Islamic ideas and ideologies are with neoliberalism. The case of the Islamic Action Front (IAF) in Jordan is given as it has adopted an emphasis on Islamic middle-class values and ethical concerns of neoliberalism in order to gain political support. The case of the IAF demonstrates that there are points of compatibility between the neoliberal economy and Islamist politics. In the calibrations of the relationship between the state and Islamist party politics in line with Islamic neoliberal tenets, this approach ensures enhanced appeal for neoliberal Islamism into the future.
In: Islamic economics series 19
The notion of "Islamic finance" was born during the tumultuous identity-politics years of the mid-twentieth century. Indian, Pakistani, and Arab thinkers contemplated independence from Britain, and independence of Pakistan from India, within a context of "Islamic society." Islam was assumed to inspire political, economic, and financial systems that are distinctive and independent of the Western (Capitalist) and Eastern (Socialist) models of the epoch. The term "Islamic economics" was coined by Abu al-A`la AlMawdudi, whose students and followers worked to develop an ostensible Islamic social science (Kuran, 2004). Mawdudi's influence on Arab Islamists began with the writings of Sayid Qutb, the father of modern Arab political Islam, whose quasi-exegesis Under the Qur'anic Shade referred exclusively to Mawdudi's writings on economic matters. Mawdudi's migration from majority-Hindu Indian society to maority-Muslim Pakistan thus became a prototype for Islamist migration away from secular political and economic systems.
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In: Durham Modern Middle East and Islamic World Series
This book discusses the idea that there is a specific Islamic form of entrepreneurship. Based on extensive original research amongst small and medium sized enterprises in Saudi Arabia, it shows how businesses are started and how they grow in the context of an Islamic economy and society. It argues that as specific Islamic approaches to a wide range of economic activities are being formulated and implemented, there is indeed a particular Islamic approach to entrepreneurship. Examining the relationship between Islamic values and entrepreneurial activity, the book considers whether such values ca
Islamic crowdfunding is a crowdfunding platform designed to comply with Islamic principles, a collective effort to collect/raise funds to fund projects (including startups), provide financing for personal or business, and other needs through an internet platform following Islamic principles. As a country with the largest Muslim population globally, Indonesia sees this as an excellent opportunity to support its economic development. In this regard, the purpose of this article is to find out how the Islamic Crowdfunding opportunity is an alternative solution to Islamic funding in support of the Indonesian Islamic Economic Masterplan (MEKSI). Based on data from the Ministry of Finance (Kemenkeu) through the 5th Annual Islamic Finance Conference (AIFC), Islamic Fintech assets in Indonesia grew to reach 134 billion rupiahs in June 2021, representing 3 percent of total fintech assets in Indonesia. From this data, it can be interpreted that the opportunity for Islamic Crowdfunding, which is one of the products of Islamic Fintech as alternative funding, is still very wide open. Using SWOT analysis, we find in this paper that Islamic Crowdfunding could be an alternative to Islamic funding in Indonesia. Therefore, it is expected that the government and related agencies, especially the Financial Services Authority (OJK), can take the right steps in managing Islamic crowdfunding. It is also expected that Muslims can participate in campaigning or supporting the Indonesian Islamic Economic Masterplan (MEKSI) through Islamic Crowdfunding.
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