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Author: Mahmud BIN Ahmad Publisher: ISBN: 9781423513278 Category : Languages : en Pages : 127
Book Description
Muslim countries are often thought of as culturally backward, authoritarian, misogynistic, and poor in economic performance. The teachings of Islam, however, prescribe democratic governance and free-market economics. While Muslims, as a whole, have tremendous economics potential, many Muslims are among the world's poorest and least educated. Corrupt autocratic leaders have attempted to capitalize on the Muslim dream of building a grand society but owing to these manipulations and leaders' insincerity, their efforts have yielded little fruitful results. This thesis discusses nation building by fusing Islam, pluralism, democracy, and modernity. It argues that Malaysia's religious tolerance and adherence to western development models fostered economic growth since its independence. Clearly, practicing Islam, while pursuing social, economic, and political development, is a suitable model especially for heterogeneous societies. The thesis offers a model, Malaysia, as a unique example of the influence of Islamic universalism, multiculturalism, and Islamic modernism to improve economic growth. The thesis depicts the evolutionary transformation of Malay-Islam from its settlement to its status as a model for Muslims and the third World countries. This thesis illustrates the compatibility of Islam and modernity in economic development.
Author: Mahmud BIN Ahmad Publisher: ISBN: 9781423513278 Category : Languages : en Pages : 127
Book Description
Muslim countries are often thought of as culturally backward, authoritarian, misogynistic, and poor in economic performance. The teachings of Islam, however, prescribe democratic governance and free-market economics. While Muslims, as a whole, have tremendous economics potential, many Muslims are among the world's poorest and least educated. Corrupt autocratic leaders have attempted to capitalize on the Muslim dream of building a grand society but owing to these manipulations and leaders' insincerity, their efforts have yielded little fruitful results. This thesis discusses nation building by fusing Islam, pluralism, democracy, and modernity. It argues that Malaysia's religious tolerance and adherence to western development models fostered economic growth since its independence. Clearly, practicing Islam, while pursuing social, economic, and political development, is a suitable model especially for heterogeneous societies. The thesis offers a model, Malaysia, as a unique example of the influence of Islamic universalism, multiculturalism, and Islamic modernism to improve economic growth. The thesis depicts the evolutionary transformation of Malay-Islam from its settlement to its status as a model for Muslims and the third World countries. This thesis illustrates the compatibility of Islam and modernity in economic development.
Author: Publisher: ISBN: Category : Languages : en Pages : 127
Book Description
Muslim countries are often thought of as culturally backward, authoritarian, misogynistic, and poor in economic performance. The teachings of Islam, however, prescribe democratic governance and free-market economics. While Muslims, as a whole, have tremendous economics potential, many Muslims are among the world's poorest and least educated. Corrupt autocratic leaders have attempted to capitalize on the Muslim dream of building a grand society but owing to these manipulations and leaders' insincerity, their efforts have yielded little fruitful results. This thesis discusses nation building by fusing Islam, pluralism, democracy, and modernity. It argues that Malaysia's religious tolerance and adherence to western development models fostered economic growth since its independence. Clearly, practicing Islam, while pursuing social, economic, and political development, is a suitable model especially for heterogeneous societies. The thesis offers a model, Malaysia, as a unique example of the influence of Islamic universalism, multiculturalism, and Islamic modernism to improve economic growth. The thesis depicts the evolutionary transformation of Malay-Islam from its settlement to its status as a model for Muslims and the third World countries. This thesis illustrates the compatibility of Islam and modernity in economic development.
Author: Azura Othman Publisher: Springer ISBN: 1137531592 Category : Business & Economics Languages : en Pages : 304
Book Description
This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency and justice in wealth distribution. This book explores these criticisms and discusses the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion. The book will be of interest to students, policymakers, financial institutions, researchers, ministries of finance, central banks, securities commissions, and anyone interested in alternative economic paradigms.
Author: Nafis Alam Publisher: Springer ISBN: 3319479377 Category : Business & Economics Languages : en Pages : 137
Book Description
This book explores contemporary empirical issues in Islamic economics. It begins by outlining current trends in Islamic economics and before identifying gaps in the empirical research. It then goes on to discuss the role of institutions in economic growth for Islamic countries, and the fiscal aspects of Islamic economics. It explores issues in debt and growth, as well as the instruments of monetary management in Islamic economics. It analyses the trade-off between growth and stability and concludes with discussion of Zakat and Waqf in driving growth.
Author: Shanti Nair Publisher: Psychology Press ISBN: Category : Islam Languages : en Pages : 328
Book Description
Islam in Malaysian Foreign Policyis concerned with Malaysian foreign policy and how the policy is shaped by an domestic Islamic agenda. The author draws specific connections between the direction and intent of the country's foreign policy towards other Muslim Countries and the politics of Islam within the domestic scene. She examines the relationship between Islam, development and economic growth, the `problem' of extremism and relations with other countries such as Libya and Iran, the significance of the modern-day pilgrimage to Mecca, the issue of Muslim minorities, and the Malaysian attitude towards such global problems as the issues of Palestine, Afghanistan, the Gulf War and Bosnia. The book also addresses the real and imagined significance of Islam as a force in contemporary global politics.
Author: Irwan Shah Zainal Abidin Publisher: UUM Press ISBN: 9672486332 Category : Business & Economics Languages : en Pages : 204
Book Description
As the collective voice of the Muslim world and as the second largest inter-governmental organisation after the United Nations, the Organisation of Islamic Cooperation (OIC) is, without doubt, the best platform for the Muslim community, or the Ummah to address issues which have afflicted them in so many ways, be it politically, economically, or socially. Since September 11, 2001, Islam and the Islamic community worldwide has been attacked into so many unjust accusations, which is now known as Islamophobia. The basic premise of this book is that one of the main factors which caused this unnecessary prejudice, hate, and fear against Islam and the Muslim world is the fact that the Muslim community has failed to optimally harness its economic potentials to build a greater and stable political and social community which they have all the capacities to become. This book argues that one of the solutions to overcome this state of affair is for a few like-minded countries in the OIC, like Malaysia, to initiate policies and programmes of economic empowerment for the Muslim world. This can be done by enhancing Malaysia-OIC trade and investment linkages and promoting crucial sectors, such as Islamic finance and Islamic social finance. This book is not merely to provide detailed discussions on these issues based on the empirical results, but also highlighted some policy implications and provides future directions for Malaysia to play a crucial role in unlocking the economic potentials of the Ummah so that it can be strengthened further for the betterment of the Muslim world at large.
Author: Masudul Alam Choudhury Publisher: Springer ISBN: 1349099023 Category : Business & Economics Languages : en Pages : 482
Book Description
Annotation This study aims to make a comprehensive and rigorous policy-theoretic study of Islamic economic co-operation in contemporary perspectives. The principles of Islamic economic theory are rigorously applied to the models, quantitative aspects and analysis of issues relating to Islamic development co-operation. Comparative perspectives of the theory of international economics and development economics are integrated. Critical issues on development financing facing the developing economies in general and the significant proportionate representation of the Islamic economic region in this, are also examined. Finally, the potential of Islamic economic co-operation in the South-South context and the North-South context are studied.
Author: Masudul Alam Choudhury Publisher: Psychology Press ISBN: 9780415163026 Category : Business & Economics Languages : en Pages : 344
Book Description
This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.
Author: Mahmud BIN Ahmad
Author: Mahmud BIN Ahmad
Author: 
Author: Azura Othman
Author: Nafis Alam
Author: Shanti Nair
Author: 
Author: Irwan Shah Zainal Abidin
Author: Masudul Alam Choudhury
Author: Muhamed Zulkhibri
Author: Masudul Alam Choudhury