ECONOMICS, FINANCE & POLITICS

This book is an attempt to to explain the basic methods of a non-interest based aconomy; an economy based solely on the fundamentals of Islam.

It shortly introduces the conditions and functioning of Islamic contracts like musharakah, mudarabah, Ijarah etc.

Also included is a transcript of an enlightening talk delivered by Mufti Muhammad Taqi Usmani on the Islamic concept of economy, as well as a detailed fatwa regarding various transactions at the stock exchange.

Insurance And Islamic Law

• Cover: Paperback
• Author: Dr. M. Muslehuddin
• Publisher: Adam Publishers & Distributors
• Pages: 152

A valuable treatise on a mode of Islamic Financing known as Murabaha. The author has compiled the book in a lucid and easy to understand language and has explained all technical and practical aspects relating to Murabaha.

A valuable treasure for all those interested in the subject.

The author, Mawlana Ejaz Ahmad Samadani has written a number of works on Islamic Banking. His dissertation on the topic of Islamic Banking and Gharar (uncertainty) earned him a Ph.D from the University of Karachi.

# Cover: Hardback
# Author: Dr. Maulana ejaz Ahmad Samadani
# Publisher: Darul Isha'at
# Pages: 101

Islamic Banking And Finance - What It Is and What It Could Be

This text has been designed for use by professionals new to the field of Islamic banking and finance, and by students at undergraduate level or above. It covers the historical, theological, commercial, legal, institutional and macro-economic factors affecting the modern world of Islamic banking and finance and is organised into four main sections: Islam and the Shari'ah, Traditional Contract Forms, Contemporary Practices, and A Response to Capitalism. Views both for and against the current direction of the Islamic banking and finance industry are presented and a number of reforms are suggested at the institutional and contractual levels. Traditional and contemporary interpretations of Islam are contrasted, along with differences of opinion among the various schools of thought, so that the reader can better understand current discourse among scholars of Shari`ah. In a section devoted entirely to the modern application of Islamic contract law, fourteen case studies provide a detailed analysis of the extent to which modern Islamic financial products adhere to the legal principles outlined elsewhere in the book. Particular attention has been paid to clarity of expression in order that complex concepts can be absorbed quickly. To aid the learning process, an extensive index and table of contents allows ease of reference, and suggestions for further advanced reading are provided at the end of each section. Self tests allow students to keep pace with their progress, and these also act as a guide on content for more experienced readers. An extensive Arabic glossary is provided, and key terms are transliterated in the main body of the text.