This book examines whether Islamic finance and Islamic economics is challenging the orthodoxy of the money markets. Can ethical finance combined with the prohibition on interest and speculation really work in the global economy? With a political economy approach, the book explores how the industry has grown in modern times - from a short-lived bank in an Egyptian city in the 1960s through to a global industry that is today valued at US$2.05 trillion. From the revelation as articulated by the Prophet Muhammed in the seventh century through to the gleaming 21st century skyscrapers of Dubai and Kuala Lumpur, the book covers the end of European colonialism, the controversial utterances of self-styled religious leaders, the impact of Islamophobia, and the efforts to end poverty through Islamic microfinance. The book uncovers an industry that is both profitable and changing the face of contemporary capitalism. James Simon Watkins is a Lecturer at Regent's University London, UK. He was the Political Adviser at the Embassy of Japan in London and he has worked in the UK Houses of Parliament. He was the Chief Executive of a business group and was a UK Labour Party candidate for the 2014 European Parliament election.
The book uncovers an industry that is both profitable and changing the face of contemporary capitalism. This book examines whether Islamic finance and Islamic economics is challenging the orthodoxy of the money markets.
A study which challenges the dominant understanding of Singapore as a case where "correct" policies have made rapid industrialization possible and which raises questions about the possibility and appropriateness of its emulation.
A study which challenges the dominant understanding of Singapore as a case where "correct" policies have made rapid industrialization possible and which raises questions about the possibility and appropriateness of its emulation.
This book explores the changing role of Muslim women in the economy in the twenty-first century. Sociological developments such as secular education, female-focused policies, national and global commitments to gender equality as well as contemporary technological advances have all served to shift and redefine the domestic and public roles of Muslim women, leading in many places to increases in workplace participation and entrepreneurship. The volume investigates the contexts of these shifts and the experiences of women balancing faith and other commitments to actively engage in the economy in vastly different countries. The book looks at how family codes and the understandings of Muslim male and female roles sit alongside social and economic advances and the increases in women partaking in the economy. Within a globalised world, it also highlights the importance of the implementation of the current sustainable development priorities in the context of Muslim societies, including Sustainable Development Goal 5 that focuses on the vital role of women and their full participation in all areas of sustainable development. With cases ranging from Saudi Arabia, Iran, Bangladesh, Pakistan, Indonesia, Nigeria, Kenya through to Spain, Bulgaria and Australia, Muslim Women in the Economy will be of considerable interest to those studying, researching and interested in gender, development and religious studies.
A novel theme of Harmony of society and its economy on spiritual basis is highlighted for the first time in scientific literarute in this book. Thanks God, based on a synthesis of scientific knowledge and spiritual essence, the features and the global paradigm and the laws of Harmony «D + 3D», wrote the entire book. Special attention is paid to the study of huge role of spiritual and moral and intellectual development of individuals, social groups in building of harmonious social economy in countries with four «D». The monograph shows the ways of disharmonies elimination in the modern world, beginning of new epoch and civilizational changes and the need for broad partnership of East and West, all continents in the face of global challenges to the Nations is based here. The book is intended for workers of science and education, PhD candidates, graduate students, students engaged in scientific research in the fields of economics, finance, sociology, political science, demography and other branches of social Sciences and Humanities. It is of great interest to practitioners and to all the readers who are conscious about the choice of vector of harmonious development of the countries.
Central Asia's new states have been buffeted by financial ill winds from East Asia and Russia and by Islamic revolutionary movements from the south. In the context of widespread and deepening impoverishment, endemic corruption, gaping inequalities, and external pressures to undertake difficult reforms, economic crisis threatens to expand into profoundly destabilizing social and political crises as well.This volume analyzes the geopolitical and macroeconomic situation of Central Asia, local policy responses to the current crisis, and alternative scenarios for the foreseeable future. It devotes particular attention to Kazakhstan, Turkmenistan, and Uzbekistan. Beyond the immediate case, the book focuses on policy measures and institutional improvements that could most directly impact the capacity of economies in the region to adapt to the globalization process.
In the context of widespread and deepening impoverishment, endemic corruption, gaping inequalities, and external pressures to undertake difficult reforms, economic crisis threatens to expand into profoundly destabilizing social and ...
This book is the first of its kind to provide a critical overview and theoretical analysis of the Circular Economy from Shariah and Islamic Finance perspectives. The book is divided into three parts. The contributing authors pay close attention to Islamic Finance in light of sustainability and value creation. It also includes case studies on the Circular Economy application in Islamic Finance industry. The book is of interest to academics, students, and practitioners on Islamic Economics and Finance who have an interest in understanding the Circular Economy under the lens of Islamic Finance principles and applications.
This book is the first of its kind to provide a critical overview and theoretical analysis of the Circular Economy from Shariah and Islamic Finance perspectives. The book is divided into three parts.
General equilibrium macroeconomic models are considered essential for evaluating the impact of monetary and fiscal policies in an economy. This aspect has not received, until now, significant attention. This present work, by Dr. Muhammad Anwar, develops general equilibrium models of income determination suitable for interest-free economies. It can be used to understand several implications of making a transition from the conventional financial system to an interest-free financial system. There are numerous Muslim countries seeking to adopt the new interest-free system. These countries may find it usefrrl to utilize the insights gained from such study to facilitate the establishment of an Islamic interest-free financial system. The economic model offered in this book also shows clearly and scientifically that ifthe interest-based financial system is replaced by the interestfree financial system, then the real rates of return for savers and investors in the economy will be preserved during inflationary and deflationary periods. On the other hand, financial repression results when savers are badly hurt during inflationary periods in an interest-bearing economy. This study demonstrates that the inflation-ridden developing countries would be definiæly better offif they adopt the inærest-free financial system in place of the prevalent interest-bearing sysæm. This pioneering work is a new addition to the library of Islamic Economics and an important aid to economic planners and students of Islamic Economics.
This aspect has not received, until now, significant attention. This present work, by Dr. Muhammad Anwar, develops general equilibrium models of income determination suitable for interest-free economies.
A Blend of Traditional Islamic Laws and Modern Political Economy
Political economy of Islam is the study of an Islamic government's internal and external political functions to establish an economic order in conformity with Islamic tenets aimed at improving the economic welfare of an Islamic country. This goal has been in conflict with the U.S. economic interests in the oil producing Islamic countries. Within the context of his academic analysis of this subject, the author makes an assessment of critical political games played by the U.S. and Islamists. With clarity, Seid Zekavat delineates the U.S. predicament and cautions both sides that militant terrorism severely damages Islam and the U.S. practice of military invasions and change of governments are bound to fail in bringing long-term solutions to Islamic resurgent issues.
Political economy of Islam is the study of an Islamic government's internal and external political functions to establish an economic order in conformity with Islamic tenets aimed at improving the economic welfare of an Islamic country.
The third in a series on the middle East, this volume deals with the way in which Islamic economists believe that an economic system should reflect religious values, rather than a society's values being determined by the economic system.
The third in a series on the middle East, this volume deals with the way in which Islamic economists believe that an economic system should reflect religious values, rather than a society's values being determined by the economic system.
Dalam dunia pemasaran terdapat teori mengenai perilaku konsumen dalam memilih dan mengkonsumsi suatu produk, yakni Theory of Planned Behaviour (TPB). TPB mengidentifikasi pengaruh yang memprediksi dan mengubah perilaku. di mana niat perilaku dipengaruhi oleh: sikap seseorang, keyakinan tentang apakah individu yang penting bagi orang tersebut menyetujui atau tidak menyetujui perilaku tersebut, dan kontrol yang dirasakan atas melakukan perilaku. Berdasarkan hasil analisis dalam penelitian ini, diperoleh hasil bahwa (1) sikap konsumen berpengaruh positif dan signifikan terhadap kontrol perilaku,(2) norma subektif berpengaruh positif dan signifikan terhadap kontrol perilaku, (3) sikap konsumen berpengaruh positif dan signifikan terhadap minat beli ulang, (4) norma subyektif berpengaruh positif signifikan terhadap minat beli ulang produk kosmetik berlabel halal,(5) kontrol perilaku berpengaruh positif dan signifikan terhadap minat beli ulang,(6) kontrol Perilaku dapat memediasi pengaruh sikap konsumen terhadap minat beli ulang konsumen pada produk kosmetik halal, (7) kontrol Perilaku dapat memediasi pengaruh norma subyektif terhadap minat beli ulang konsumen pada produk kosmetik halal.
