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Macroprudential Regulation and Policy for the Islamic Financial Industry

Theory and Applications

This volume aims to discuss the current research, theory, methodology and applications of macropreudential regulation and policy for the Islamic financial industry. Published in cooperation with the Islamic Research and Training Institute (IRTI), this book features contributions from a workshop presented in collaboration with the University College of Bahrain (UCB) in Manama, Bahrain, aimed to bring together experts in Islamic banking and regulation and financial economics. This resulting book sheds light on how macroprudential policy may be implemented in the Islamic financial system, and indicates current challenges and their effects on economic growth, financial stability and monetary regulation. Macroprudential policy is increasingly seen as a way of dealing with the different dimensions of systemic risk. But many central banks, bank supervisors and regulators have limited experience with macroprudential tools, particularly in the Islamic financial industry. Given the complementarities between monetary policy and financial stability, it appears that central banks would always play an important role in macroprudential policy. But how should macroprudential policy best interact with monetary policy? It is becoming more pressing for the central banks to conduct monetary policy in which its conventional banking system operates side by side with Islamic banking system. This question has received increasing attention in the research literature but there is much we still need to learn. This is why new insights from research on macroprudential policy – which has gained important impetus in recent years – are so valuable. Featuring contributions on topics such as macroprudential regulation, policy, tools and instruments; governance, systematic risk, monetary policy, and bank leverage, the editors provide a collection of comprehensive research covering the most important issues on macroprudential policy and regulation for the Islamic financial industry. This volume is expected to be a significant contribution to the literature in the field of Islamic finance and evaluation of public policies to promote the development for Islamic financial industry. It is also served as a key text for students, academics, researchers, policy-makers in the field of Islamic finance.

This volume aims to discuss the current research, theory, methodology and applications of macropreudential regulation and policy for the Islamic financial industry.

Legal Ethics, Professional Responsibility, and the Legal Profession

"As the legal profession undergoes structural changes, longstanding principles of ethics still govern the day-to-day lives of practicing lawyers. This new Hornbook on professional responsibility provides both a snapshot of ongoing systemic changes and a thorough examination of the fundamentals of lawyer and judicial ethics. As a multi-dimensional work by scholarly experts in several fields, the Hornbook (1) begins with the changing environment in which legal services are provided in the modern economy; (2) continues with a theoretical grounding of legal ethics in moral philosophy; (3) offers empirical evidence and discussion about professional formation and moral development; (4) provides a comprehensive analysis of the law of lawyer ethics; (5) includes a rich discussion of the modern law of legal malpractice, and (6) concludes with exploration of the rules of judicial ethics."--Publisher website.

As the legal profession undergoes structural changes, longstanding principles of ethics still govern the day-to-day lives of practicing lawyers.

The Political Economy of Muslim Countries

The book looks in detail at the economic conditions of Muslim countries specifically, offering a thorough political analysis at the same time. It focuses on a broad range of economic factors and takes into consideration reports such as the World Development Index. It explores striking differences and similarities among carefully chosen Muslim countries. Mainly because of its broad use of different disciplines, it will be of interest to students of political science, economics and history.

The book looks in detail at the economic conditions of Muslim countries specifically, offering a thorough political analysis at the same time.

An Introduction to the Modern Middle East, Student Economy Edition

History, Religion, Political Economy, Politics

This book introduces the politics of the modern Middle East, which includes the countries of the Persian Gulf, the eastern Mediterranean countries, and North Africa. It covers the major geographical regions that make up the Middle East, and summarizes the post-World War I history of the Middle East.

This book introduces the politics of the modern Middle East, which includes the countries of the Persian Gulf, the eastern Mediterranean countries, and North Africa.

The Politics of Education Policy in an Era of Inequality

Possibilities for Democratic Schooling

In a context of increased politicization led by state and federal policymakers, corporate reformers, and for-profit educational organizations, The Politics of Education Policy in an Era of Inequalityexplores a new vision for leading schools grounded in culturally relevant, advocacy, and social justice leadership theories. This timely volume tackles the origins and implications of growing accountability for educational leaders and reconsiders the role educational leaders should and can play in education policy and political processes. Examining the structural, political, and cultural interactions among school principals, district leaders, state, and federal policy actors, this text provides practical and aspiring leaders with the theoretical framework and practical strategies for building bridges between education researchers, practitioners, and policymakers.

The politics of education policy in an era of inequality -- Critical policy analysis: interrogating process, politics, and power -- Public schools or private goods? the politics of choice, markets, and competition -- National or special ...

Education Policy Analysis for a Complex World

Poststructural possibilities

In the past decade, post-structural policy analysis in education has evolved, primarily focusing on disrupting dominant narratives about education policy research, development and implementation, and the aims and outcomes of the policy-research nexus. This book originates from an ‘Education Policy Analysis for a Complex World’ workshop held in conjunction with the University of British Columbia and sponsored by a Canadian Social Sciences and Humanities Research Council Connection Grant. The workshop focused on one over-arching question: To what extent can post-structural theories offer innovative policy analyses, and contribute to new forms of policy development and implementation? The chapters in this collection provide responses from the participants of the workshop, and serve as illustrations of the broad range of scholarship that may be identified as post-structural policy analysis. This book was originally published as a special issue of Critical Studies in Education.

within the social sciences has, according to Meg Maguire and Stephen Ball, produced three main qualitative research orientations that they categorize as 'situated studies of policy formation' (1994, p. 279), trajectory studies and ...

A Matter of Interpretation

Federal Courts and the Law - New Edition

We are all familiar with the image of the immensely clever judge who discerns the best rule of common law for the case at hand. According to U.S. Supreme Court Justice Antonin Scalia, a judge like this can maneuver through earlier cases to achieve the desired aim—"distinguishing one prior case on his left, straight-arming another one on his right, high-stepping away from another precedent about to tackle him from the rear, until (bravo!) he reaches the goal—good law." But is this common-law mindset, which is appropriate in its place, suitable also in statutory and constitutional interpretation? In a witty and trenchant essay, Justice Scalia answers this question with a resounding negative. In exploring the neglected art of statutory interpretation, Scalia urges that judges resist the temptation to use legislative intention and legislative history. In his view, it is incompatible with democratic government to allow the meaning of a statute to be determined by what the judges think the lawgivers meant rather than by what the legislature actually promulgated. Eschewing the judicial lawmaking that is the essence of common law, judges should interpret statutes and regulations by focusing on the text itself. Scalia then extends this principle to constitutional law. He proposes that we abandon the notion of an everchanging Constitution and pay attention to the Constitution's original meaning. Although not subscribing to the “strict constructionism” that would prevent applying the Constitution to modern circumstances, Scalia emphatically rejects the idea that judges can properly “smuggle” in new rights or deny old rights by using the Due Process Clause, for instance. In fact, such judicial discretion might lead to the destruction of the Bill of Rights if a majority of the judges ever wished to reach that most undesirable of goals. This essay is followed by four commentaries by Professors Gordon Wood, Laurence Tribe, Mary Ann Glendon, and Ronald Dworkin, who engage Justice Scalia’s ideas about judicial interpretation from varying standpoints. In the spirit of debate, Justice Scalia responds to these critics. Featuring a new foreword that discusses Scalia’s impact, jurisprudence, and legacy, this witty and trenchant exchange illuminates the brilliance of one of the most influential legal minds of our time.

This essay is followed by four commentaries by Professors Gordon Wood, Laurence Tribe, Mary Ann Glendon, and Ronald Dworkin, who engage Justice Scalia’s ideas about judicial interpretation from varying standpoints.

Forty Hadith Qudsi

The Forty Hadeeth Qudsi (known as Sacred Hadeeth in English) is widely regarded as the most popular antology and the best introduction to the study of the Prophet’s (S) sayings. The Ahadeeth summarize the teachings of Islam, concentrating on the following areas; affirmation of the doctrine of Tawheed and understanding Allah (SWT) in all His attributes, the significance of the five pillars of Islam, attainment of virtue, self-sacrifice for the cause of Allah and preparation for the Day of Judgement. The Hadeeth Qudsi have a particularly important status because their meaning is entirely from Allah while the wording is that of the Prophet Muhammad (S) himself. Among the many definitions given by the early scholars of Islam is that of As-Sayyid Ash-Shareef Al-Jurjani (died 816 A.H.) in his lexicon At-Tarifat where he says: “A Sacred Hadeeth is, as to the meaning, from Allah the Almighty; as to the wording, it is from the Messenger of Allah (S). it is that which Allah the Almighty has communicated to His Prophet through Revelation or in a dream, and he (S), has communicated it in his own words.” So these are the sayings of the Prophet divinely communicated to him. The present collection has been compiled from all the available books of Hadeeth. The forty chosen here are well authenticated and present many of the doctrinal, devotional and ethical elements of Islam. Visit our eBook Store at: www.payhip.com/idpebooks Contact us at: [email protected]

The present collection has been compiled from all the available books of Hadeeth. The forty chosen here are well authenticated and present many of the doctrinal, devotional and ethical elements of Islam.

40 Hadith of 'Aisha

[Revised and Updated]

40 sayings (hadith) from the Prophet Muhammad, peace to him, narrated by his wife 'Aisha, may God be pleased with her.

40 sayings (hadith) from the Prophet Muhammad, peace to him, narrated by his wife 'Aisha, may God be pleased with her.

40 Hadith Of 'Aisha

40 Hadith of Our Mother 'Aisha [Revised and Updated]

40 sayings (hadith) from the Prophet Muhammad, peace to him narrated by his wife 'Aisha, may God be pleased with her.

40 sayings (hadith) from the Prophet Muhammad, peace to him narrated by his wife 'Aisha, may God be pleased with her.