Islamic Economics: A Short History

islamic economic renaissance 403 the general concepts, in line with the generally acceptable account- ing principles (GAAP). One ...

404 chapter nine of return on investment is higher than the rate of interest. This may very well be the case as, given the highe ...

islamic economic renaissance 405 help promote the sense of Islamisation in the mind of the users of the banks’ services either a ...

406 chapter nine the wider and deeper the spread of Islamic economic practice, the higher the chance of growth and survival of I ...

islamic economic renaissance 407 intensified with no indication of changing direction or slowing down. Muslims will find it inev ...

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Glossary Adl: justice, adàlah ijtima"iyyah: social justice. The principle of social justice is central to Islam. Aœàdìth (singul ...

410 glossary lower than the deferred price. There may be a doubt surrounding the Islamic legitimacy of this transaction as it mi ...

glossary 411 Fiqh: jurisprudence, the study and application of the body of Muslim sacred law. Islamic jurisprudence is based on ...

412 glossary Œawalah: money transfer. A contract that allows a debtor to transfer his debt obligation to a third party. Al-œawal ...

glossary 413 Istisna": an order to manufacture. A purchase order contract of assets whereby a buyer places an order to purchase ...

414 glossary Ma"in(biblical Ma"on, Me"un and Me"in): spring-water. The second kingdom after Saba"in the Pre-Islamic South Arabia ...

glossary 415 Mushàrakah: equity participation. A partnership arrangement between two par- ties or more to finance a business ven ...

416 glossary Rashìdùn:the four Rightly Guided Caliphs, who were the companions and the immediate successors of the Prophet: Abù- ...

glossary 417 Sabre:physical and mental endurance. In addition, in Islam sabre is widened to include endurance on continuously an ...

418 glossary Tabûìr:wasteful use of resources, which is forbidden. The Qur"àn states, “Verily resource wasters (Muabûûirìn) are ...

Bibliography Publications The Holy Qur"àn The Holy Qur"àn, (in Arabic) Interpretation of the Meaning of the Noble Qur"àn in the ...

420 bibliography Others Abdou, Isaa, Economics in the Qur"àn and Sunnah, Dar al-Ma"arif, 1982. Abdullah, Ahmad Ali, “Zakatable F ...

bibliography 421 Ahmed Donia, Series on Prominent Scholars in Islamic Economics, al-Khirrijìn Bookshop, al-Riyadh, Saudi Arabia, ...

422 bibliography Al-Qattan, Manna’, Researches in the Sciences of Qùr"àn, mabahithfiulum al-Qùr"àn, Dar al-Ma"arif for Publicati ...