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In: Islamic business and finance series
A thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system.
ISSN: 1301-3289
ISSN: 1301-3289
In: Critical concepts in economics
In: Islamic banking and finance Vol. 1
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: Studies in Islamic finance, accounting and governance
In: [Elgaronline]
In: [Edward Elgar books]
In: Edward Elgar E-Book Archive
In: Studies in Islamic finance, accounting and governance series
Contents: Introduction -- 2. Critical reflections on the development in the muslim world -- 3. Islamic moral economy and development -- 4. Justice and development within Islamic paradigm -- 5. A critical evaluation of the social and economic development performance of Islamic banks -- 6. Conceptualising the Islamic development process -- 7. Conclusion -- Index.
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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Islamic philosophy is the result of Islamic thought. This Islamic thought is the fruit of the encouragement of the teachings of the Qur'an and Hadith. Islamic thinking is a unique thought, different from the others. Because Islamic thought originates from revelation or relies on the explanation of revelation, while other thoughts that develop among humans, both in the form of non-celestial religions, political and economic ideologies, and social theories simply emerge from the genius of thinking human who gave birth to it. This article tries to discuss it.
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