What is lacking in both behavioral economics and personal finance is the role of the soul or spirituality which is a central theme in a monotheistic worldview.....
Read More »Islamic Banks Witness Rapid Growth
The Shariah-compliant banks in Pakistan are growing at a rapid pace compared to conventional counterparts as a strong preference for “markup-free banking” has emerged among the people and...
Read More »Is It Permissible to Invest in Non-Muslim Countries?
It is said that engaging in interest transactions in a non-Muslim country is allowed. Is investing in banks, such as buying stocks of a bank also...
Read More »Is It Permissible to Give Khums to Poor Sayyids without the Permission of the Mujtahid?
Can I give Sahm-e Sadaat of Khums dues to poor and needy Sayyids as interest-free loan so that the problems of more and more people are solved...
Read More »Islamic Economy: Its Ideological and Legal Foundations
When we study the Islamic economy as a way which Islam prescribes for individual and social behavior in the economic field and examine Islam's rules in this area, we can conclude that its most...
Read More »Call for Application: IKAM Research Fellowship Program
Under its aim of developing a qualified human resource for Islamic economics and finance, IKAM is pleased to announce its Islamic Economics Research Fellowship Program for...
Read More »Towards an Islamic Economy by Ayatollah Muhammad Baqir al-Sadr
In this booklet, I have debated the question as to whether or no Islam offers a suitable basis for formulating a distinct (social-) economic system that overcomes the inadequacies of both capitalism and...
Read More »An Islamic Perspective of Political Economy: The Views of Muhammad Baqir al-Sadr
This article is part of the T.M. Aziz's dissertation on “The Islamic Political Theory of Muhammad Baqir al-Sadr of Iraq.” He is a Visiting Scholar at the Center of Near Eastern...
Read More »Job Position: Postdoc Research “Christian-Muslim Communication” (Univ. Konstanz)
The Research position on Christian-Muslim communication between the medieval Latin-Christian and Arabic-Islamic sphere is to be filled by April 2022 and available for a...
Read More »Structure of Islamic Banking System: Islamic Economic System
Throughout history, there have always been those who engaged in usury-based quasi-banking activities with their capital, but Islam forbade it and encouraged them to engage in productive and...
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