The Concept of Riba and Islamic Banking PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Concept of Riba and Islamic Banking PDF full book. Access full book title The Concept of Riba and Islamic Banking by Imran Ahsan Khan Nyazee. Download full books in PDF and EPUB format.
Author: Imran Ahsan Khan Nyazee Publisher: Createspace Independent Publishing Platform ISBN: 9781541245617 Category : Languages : en Pages : 228
Book Description
Riba (Usury), call it bank-interest if you like, is prohibited by the texts of the Qur'an and the Sunnah. This was the conclusion drawn unanimously by the Muslim jurists (fuqaha'); and it is also the decisive view of the vast majority of modern Muslim scholars. Despite this general agreement, a confusion persists in the minds of many, jurists and laymen alike, that even though some forms of interest are prohibited, the simple interest charged by banks may not be prohibited by Islamic law. What is the reason for such a doubt? Why do some uphold prohibition with conviction, while others do not? This book attempts to elaborate the foundations on this prohibition is based, and in doing so removes some of the persistent disagreements.The explanations provided are based upon the works of the earlierjurists so that the discussion is undertaken in a detached manner.
Author: Imran Ahsan Khan Nyazee Publisher: Createspace Independent Publishing Platform ISBN: 9781541245617 Category : Languages : en Pages : 228
Book Description
Riba (Usury), call it bank-interest if you like, is prohibited by the texts of the Qur'an and the Sunnah. This was the conclusion drawn unanimously by the Muslim jurists (fuqaha'); and it is also the decisive view of the vast majority of modern Muslim scholars. Despite this general agreement, a confusion persists in the minds of many, jurists and laymen alike, that even though some forms of interest are prohibited, the simple interest charged by banks may not be prohibited by Islamic law. What is the reason for such a doubt? Why do some uphold prohibition with conviction, while others do not? This book attempts to elaborate the foundations on this prohibition is based, and in doing so removes some of the persistent disagreements.The explanations provided are based upon the works of the earlierjurists so that the discussion is undertaken in a detached manner.
Author: Yahia Abdul-Rahman Publisher: John Wiley & Sons ISBN: 0470572612 Category : Business & Economics Languages : en Pages : 435
Book Description
A detailed look at the fast-growing field of Islamic banking and finance The Art of Islamic Banking and Finance is a modern American take on what it means to incorporate Islamic finance principles into everyday banking and investment techniques by introducing a new brand of banking for all people of all faiths: The Riba-Free (RF) banking. The author is considered the father of RF (Islamic) banking in America. He has been a banker and an Imam/scholar for over 40 years in America since 1968. He started the tedious process with a finance company, LARIBA, in Pasadena, California in 1987. This is the first book ever in the field to trace the origins of prohibiting the renting of money at a price called interest rate and over-indulging in debt. The book reviews in great details the theological foundations of prohibiting interest in the Jewish Bible, the Christian Bible, and the Qur'aan. The author then discusses money and how fiat money is created, the role of the Federal Reserve, and the banking system in America. The book also discusses for the first time ever how to include an important aspect of RF (Islamic) finance using commodity indexation and marking the items to be financed to market in order to avoid participating in economic "bubbles." The author discusses how these rules work, how they affect consumer behavior, and how they change the role of the banker/financier. Covers a new pioneering model that is based on the Law (Shari'aa) and how it is applied in every transaction from joint ventures and portfolio management to home mortgages and personal financing Shows how to incorporate the Law (Shari'aa) into American financing and banking systems Points to RF (Islamic) finance and banking as a way to emphasize socially responsible investing The Art of Islamic Banking and Finance also includes a discussion on the emergence of a culture of RF (Islamic) banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and very effective when compared to twentieth-century models that use financial engineering and structuring techniques to circumvent the Law (Shari'aa). The book also includes case studies based on the actual experience of the author and detailed analysis of the superior results realized by applying this new brand of banking to financing.
Author: Abdulkader S. Thomas Publisher: Psychology Press ISBN: 9780415342421 Category : Banking law (Islamic law). Languages : en Pages : 168
Book Description
With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba– a definition of which is not given in the Qur’an – is long overdue. This text presents readers with various interpretations of this Islamic economic concept – generally perceived as ‘interest’. Thomas provides a framework for understanding ribaby examining: linguistics classical judicial analysis the historical context modern economics. Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.
Author: Patrick Collins Publisher: Business Science Reference ISBN: 9781799883029 Category : Currency question Languages : en Pages : 268
Book Description
"This book describes how implementing Grondona's system could help individual countries to independently improve their economic stability, while creating a growing network of currencies between which the exchange-rates will become increasingly stable"--
Author: Gilles Kepel Publisher: Harvard University Press ISBN: 9780674010901 Category : History Languages : en Pages : 468
Book Description
Kepel has traveled throughout the Muslim world gathering documents, interviews, and archival materials, in order to give readers a comprehensive understanding of the scope of Islamist movements, their past, and their present. 7 maps.
Author: Nigel Ostime Publisher: Routledge ISBN: 1000703622 Category : Architecture Languages : en Pages : 368
Book Description
The RIBA Job Book is the Royal Institute of British Architects’ long-established and recognised standard reference for running construction projects. This major new update fully reflects the new RIBA Plan of Work 2013 and contemporary working practice. It embraces themes of collaboration within the project team, better briefing, advances in information technology and BIM, and the continued importance of sustainability including valuable detail on a range of ‘cradle to grave’ processes in a building project. Applicable to all forms of procurement and to all sizes and types of project, the RIBA Job Book provides a systematic operational framework that is comprehensive in scope and easy-to-follow, and which examines step-by-step the key obligations of the architect or lead consultant. Setting out all the actions to be undertaken throughout a project, it includes invaluable checklists, notes and practical guidance.
Author: Imran Ahsan Khan Nyazee Publisher: Createspace Independent Publishing Platform ISBN: 9781541245914 Category : Languages : en Pages : 114
Book Description
The texts of the Qur'an and the Sunnah that prohibit riba are not easy to understand. An earlier book written by this author, called The Concept of Riba and Islamic Banking, appeared to be difficult for some readers. In fact, a few eager students stated that they were able to understand the text only after they had read it two or three times. This book tries to simplify some of the difficult areas of juristic interpretation. Some additional explanations have been added as compared to our last attempt in 1995, in the book mentioned. A major problem has been the recognition, by modern ulama and scholars, of some basic truths about the prohibition of riba. This non-recognition sometimes appears to be a reluctance to face a few harsh realities and a tendency to evade thorny issues. One such issue is the prohibition of all loans, other than what we have come to call a charitable loan or qard hasan. The issue lies at the heart of all Islamic banking. Instead of giving arguments on this issue and responding to the arguments made in favour of such prohibition, our modern scholars and leading muftis maintain total silence. The present book includes at least one instance of such evasion. It is only when a response on this issue is available from modern scholars that knowledge in this area will advance further. Without such a discussion, Islamic banking has very little chance of success.
Author: Cem Eyerci Publisher: Springer Nature ISBN: 3030787028 Category : Business & Economics Languages : en Pages : 177
Book Description
Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.
Author: Imran Ahsan Khan Nyazee
Author: Imran Ahsan Khan Nyazee
Author: Yahia Abdul-Rahman
Author: Abdulkader S. Thomas
Author: Patrick Collins
Author: Gilles Kepel
Author: Nigel Ostime
Author: Ahmad Ajaj
Author: Imran Ahsan Khan Nyazee
Author: Iqbāl Suhail
Author: Cem Eyerci