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 important attribute is...
Read More »Book: The Economic System of Islam
We could analyses the Islamic economic system in both theoretical and practical levels. A theoretical concern is to illustrate the particular plan of Islam for solving economic problems and building a prosperous economy. The practical aspect of the economic system of Islam is related to the performance of this system and its ability in...
Read More »Global Islamic Finance to Grow to $5.9 Trillion by 2026
The global Islamic finance industry is poised to grow to $5.9 trillion in three years, an official with the Organization of Islamic Cooperation said....
Read More »The Gold Standard Anchored in Islamic Finance
The Authors provide a comprehensive background for recent international financial crises rapid expansion of interest-bearing debt and monetary expansion though the fractional reserve banking system. In this context, the authors provide an analysis of the experience and issues associated with...
Read More »Economic System in Islam Compared with Capitalism and Socialism
The urgent need of Islamic literature is felt throughout the world. Many young Muslims by birth, when asked which religion they adhere to their answer comes hesitatingly Muslims. Many others deny or hide their identity and claim to be progressive `atheists,' since it is the....
Read More »Religion and Contract Law in Islam, From Medieval Trade to Global Finance
Undertaking a search that spans revelation, legal tradition, and the reality of the Muslim world, this book explores the Islamic contract (‘aqd in Arabic) as a ‘city’ at the crossroads of convergent paths of....
Read More »Islamic Banking, a New Opportunity for Russia
There are about 16 branches of financial institutions of Islamic banking in Russia at the moment. In the current geopolitical situation, these institutions may open additional opportunities for the Russian...
Read More »1st Islamic Shari’a Compliant Account Launched by the Ugandan Bank
Uganda's Finance Trust Bank on Thursday launched the country's first Islamic Sharia compliant account called Halal...
Read More »Dissertation: Economic Thought of Muhammad Baqir al-Sadr: A Study of Iqtisaduna (Our Economics)
In the field of economics, Iqtisaduna provides necessary guidelines, values and rules that aim at achieving the twin objectives of social justice and sustained increase in...
Read More »What Is Islamic Economics? The View of Muhammad Baqir al-Sadr
This paper attempts to investigate some aspects of al-Sadr’s economic thought by focusing on his view on the nature, subject matter and methodology of Islamic economics, areas that have not received sufficient attention by...
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