Islamic Capitalism is a new alternative comprehensive economic system. Based on new ideas and views, Islamic Capitalism introduces modern applicable solutions to present financial hardships, problems, and crisis. Islamic Capitalism presents new Financing and Banking systems, Welfare and Taxing systems, Public Finance system, Domestic Monetary system, and International Monetary system. Taking into consideration the recent economic environment that is characterized by speculative mania and rapid increase in quantity of credit and money, new approach has been taken to identify economic problems and to understand the Qur'anic verses. Islamic Capitalism translates continuous efforts of several years of researches and studies in addition to long practical experience in banking and finance. Islamic Capitalism converts theoretical dreams into modern applicable systems introduced in a small book written in as simple as possible language.
Islamic Capitalism is a new alternative comprehensive economic system. Based on new ideas and views, Islamic Capitalism introduces modern applicable solutions to present financial hardships, problems, and crisis.
Featuring Immanuel Wallerstein, Joseph Massad, Marnia Lazreg, and other well-known and emerging new authors, this book seeks a more accurate understanding of Islam and Islamic societies' role and relations to global cultural and economic realities. The book confronts a trend today of analyzing Islam as a "cultural system" that stands outside of, and even predates, modernity. The authors see this trend as part of a racist discourse unaware of the realities of contemporary Islam. Islamic societies today are products of the world capitalist system and cannot be understood as being separate from its forces. The authors offer a more carefully constructed and richer portrait of Islamic societies today and forcefully challenge the belief that Islam is not part of, nor much affected by, the modern world-system.
Featuring Immanuel Wallerstein, Joseph Massad, Marnia Lazreg, and other well-known and emerging new authors, this book seeks a more accurate understanding of Islam and Islamic societies' role and relations to global cultural and economic ...
The development of Islamic economics has been profound over the last twenty years. The excellent survey of Muslim Economic Thinking by Mohammad Nejatullah Siddiqi (Ahmad 1980) demonstrates the progress that has been made in every avenue of economic thought; the recent work by M. Khan and A. Mirakhor on Islamic Banking in Pakistan and Iran represents the first major study to quantify the effectiveness of an Islamic monetary system. The book by Dr. Umer Chapra, Towards a Just Monetary System, which is the subject matter of this review article, is an attempt, or so we are told by Khurshid Ahmad in the preface, to provide a "comprehensive and interpretative study of the Islamic monetary system" (P. 12), to "integrate theory and practice" and to "give a vigorous analysis of some key concepts" (P.13) in Islamic monetary economics. The reader is therefore given very high expectations of the book as the beginning of the fourth phase of Islamic economies - "a more integrative as well as more critical approach to the entire theory and practice of money and banking in Islam" (P.11). If these expectations are fulfilled Chapra has claim to pioneering work in Islamic macroeconomics but is this the case?
The book by Dr. Umer Chapra, Towards a Just Monetary System, which is the subject matter of this review article, is an attempt, or so we are told by Khurshid Ahmad in the preface, to provide a "comprehensive and interpretative study of the ...
This book is one of the many Islamic publications distributed by Ahlulbayt Organization throughout the world in different languages with the aim of conveying the message of Islam to the people of the world. Ahlulbayt Organization (www.shia.es) is a registered Organization that operates and is sustained through collaborative efforts of volunteers in many countries around the world, and it welcomes your involvement and support. Its objectives are numerous, yet its main goal is to spread the truth about the Islamic faith in general and the Shi`a School of Thought in particular due to the latter being misrepresented, misunderstood and its tenets often assaulted by many ignorant folks, Muslims and non-Muslims. Organization's purpose is to facilitate the dissemination of knowledge through a global medium, the Internet, to locations where such resources are not commonly or easily accessible or are resented, resisted and fought! In addition, For a complete list of our published books please refer to our website (www.shia.es) or send us an email to [email protected]
This book is one of the many Islamic publications distributed by Ahlulbayt Organization throughout the world in different languages with the aim of conveying the message of Islam to the people of the world.
