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American Journal of Islamic Social Sciences 5:2

The American Journal of Islamic Social Sciences (AJISS), established in 1984, is a quarterly, double blind peer-reviewed and interdisciplinary journal, published by the International Institute of Islamic Thought (IIIT), and distributed worldwide. The journal showcases a wide variety of scholarly research on all facets of Islam and the Muslim world including subjects such as anthropology, history, philosophy and metaphysics, politics, psychology, religious law, and traditional Islam.

Harold Lasswell, a political scientist, defines communication simply as: A convenient way to describe the act of communication is to answer the following question: Who, says what, in which channel, to whom, with what effect?

American Journal of Islamic Social Sciences 31:4

The American Journal of Islamic Social Sciences (AJISS), established in 1984, is a quarterly, double blind peer-reviewed and interdisciplinary journal, published by the International Institute of Islamic Thought (IIIT), and distributed worldwide. The journal showcases a wide variety of scholarly research on all facets of Islam and the Muslim world including subjects such as anthropology, history, philosophy and metaphysics, politics, psychology, religious law, and traditional Islam.

The implication of the approach taken by Brown et al. is that the challenges raised by religious diversity are not insurmountable and there are existing models for understanding the communication challenges faced along with tried and ...

American Journal of Islamic Social Sciences 30:1

The American Journal of Islamic Social Sciences (AJISS), established in 1984, is a quarterly, double blind peer-reviewed and interdisciplinary journal, published by the International Institute of Islamic Thought (IIIT), and distributed worldwide. The journal showcases a wide variety of scholarly research on all facets of Islam and the Muslim world including subjects such as anthropology, history, philosophy and metaphysics, politics, psychology, religious law, and traditional Islam.

The International Association of Media and Communication Research (IAMCR; http://iamcr.org), with which the “Islam and Media” and several other working groups are affiliated, promotes “media and communication research throughout the ...

Research on Islamic Business Concepts

Proceedings of the 12th Global Islamic Marketing Conference, December 2021

This book presents selected chapters from the proceedings of the 12th Global Islamic Marketing Conference (June 2021). The chapters provide an up-to-date overview of research and insights into Islamic business practices in general and Islamic marketing strategies in particular. Papers include topics such as understanding Muslim consumer behavior, services marketing, implications and implementation of Halal business practices, social media marketing, ecommerce strategies, and overall business strategy. This book is helpful for researchers interested in the specialties of the topic and also for business consultants who wish to have an in-depth understanding of doing business in Islam-oriented regions.

This book presents selected chapters from the proceedings of the 12th Global Islamic Marketing Conference (June 2021).

Institutional Islamic Economics and Finance

Institutional economics claims that institutions and policies rather than the size of labour force, technology or capital investment are pivotal for growth or under-development. In this regard there are two kinds of institutions: external institutions expressed in the form of laws, organisations, regulations, companies, banks and the like and internal institutions, which are found in the hearts and consciences of individuals. Against this backdrop, this book acquaints readers with the basic concepts related to institutional economics. It then brings to light the theoretical concepts related to the institutional perspectives on Islamic economics, particularly highlighting areas where Islamic economic institutions lay at the crossroads with conventional ones. The book also ref lects upon the organisational arrangements that comply with the basic tenets of Islamic institutional economics. Further, it brings a collection of real-world case studies into discussion to show the models of Islamic institutions that are pragmatic in today’s business environment. The book contains novel dimensions on the subject, includes conceptual debates as well as practical examples and explores hot topics such as waqf and fintech from an Islamic perspective. This is the first book to exclusively cover this topic and is written by well-known and respected international economists from the field. Since the book is written in an accessible style and the concepts are expressed in plain language, it will find an audience among academics, researchers and students in economics and Islamic economic studies, as well as policymakers and professionals engaged in the Islamic finance industry, seeking to make their services and products conform to an Islamic institutional perspective.

Journal of Innovation and Entrepreneurship, 8(15), 1–20. Doi:10.1186/s13731-019-0110-2 McKeever, ... Entrepreneurship and mutuality: Social capital in processes and practices. ... Technology Innovation Management Review, 7(6), 38–49.

Economic Development and Islamic Finance

Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

... technology, entrepreneurship, and management) and conditions and policies (such as developed financial markets, ... In other words, we must first determine whether these countries have truly adopted and practiced Islamic economic ...

Enhancing Financial Inclusion through Islamic Finance, Volume I

This book, the first of two volumes, highlights the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth. Gender disparity exists within financial access and its extent varies widely across world economies. South Asia, the Middle East and North Africa have the largest gender gaps, with women in these regions being forty per cent less likely than men to have a formal account at a financial institution. Analysing how Islamic financial inclusion can empower individuals, this volume explores the contribution of Islamic microfinance in achieving SDGs and solving income and wealth inequality. Comprising a combination of empirical evidence, theory and modelling, this edited collection illustrates how to improve access to finance, making it essential reading for those researching both Islamic finance and development finance.

His wide research interests include financial inclusion, poverty alleviation, and sustainable practices through disruptive technologies. He is the published author of Belief and Rule Compliance and Blockchain, Fintech and Islamic ...

Handbook of Analytical Studies in Islamic Finance and Economics

This handbook offers a unique and original collection of analytical studies in Islamic economics and finance, and constitutes a humble addition to the literature on new economic thinking and global finance. The growing risks stemming from higher debt, slower growth, and limited room for policy maneuver raise concerns about the ability and propensity of modern economies to find effective solutions to chronic problems. It is important to understand the structural roots of inherent imbalance, persistence-in-error patterns, policy and governance failures, as well as moral and ethical failures. Admittedly, finance and economics have their own failures, with abstract theory bearing little relation with the real economy, uncertainties and vicissitudes of economic life. Economic research has certainly become more empirical despite, or perhaps because of, the lack of guidance from theory. The analytics of Islamic economics and finance may not differ from standard frameworks, methods, and techniques used in conventional economics, but may offer new perspectives on the making of financial crises, nature of credit cycles, roots of financial system instability, and determinants of income disparities. The focus is placed on the logical coherence of Islamic economics and finance, properties of Islamic capital markets, workings of Islamic banking, pricing of Islamic financial instruments, and limits of debt financing, fiscal stimulus and conventional monetary policies, inter alia. Readers with investment, regulatory, and academic interests will find the body of analytical evidence to span many areas of economic inquiry, refuting thereby the false argument that given its religious tenets, Islamic economics is intrinsically narrative, descriptive and not amenable to testable implications. Thus, the handbook may contribute toward a redefinition of a dismal science in search for an elusive balance between rationality, ethics and morality, and toward a remodeling of economies based on risk sharing and prosperity for all humanity

The microeconomic potential described by the left-side figure reflects the unique minimum for the set of two commodity prices as indicated by the point at the surface bottom. It is noted that since the dynamics of market prices depend ...

Islamic NGOs in Bangladesh

Development, Piety and Neoliberal governmentality

NGOs (Non-Governmental Organizations) have emerged in both a development and aid capacity in Bangladesh, providing wide-reaching public services to the country’s population living in extreme poverty. However, resistance to and limitations of NGO-led development - which in conjunction with Bangladesh’s social transformation - led to a new religious-based NGO development practice. Looking at the role of Islamic NGOs in Bangladesh, the book investigates new forms of neoliberal governmentality supported by international donors. It discusses how this form of social regulation produces and reproduces subjectivities, particularly Muslim women subjectivity, and has combined religious and economic rationality, further complicating the boundaries and the relationship between Islam, modernity, and development. The book argues that both secular and Islamic NGOs target women in the name of empowerment but more importantly as the most reliable partners to meet their debt obligations of micro-financing schemes, including shari’a-based financing. The targeted women, in turn, experience Islamic NGOs as less coercive and more sensitive to their religious environment in the rural village community than are secular NGOs. Providing a comparative study of the role of religious and secular NGOs in the implementation of neoliberal policies and development strategies, this book will be a significant addition to research on South Asian Politics, Development Studies, Gender Studies, and Religion.

rationale in a manner that encourages individuals to be proactive and entrepreneurial in the interest of ... of 'pious governmentality' (in Chapter 4) to link the technology of economic rationality with the Islamic practice of Islam to ...

Financial Revolution on the Horizon

How digital networking, blockchain and connectivity are creating billions of new customers and a fresh financial market

Excessive costs, cumbersome processes, disincentives and what's more: all manner of isolated, self-serving sector solutions. A financial system with methods and processes from yesteryear shapes our banking. Indeed, our entire life and society—especially the state and administrative bodies—are based on such archaic processes. In addition, billions of people worldwide are excluded from the financial system as they are not even in possession of a bank account. Banks, currencies, payment methods and administrative transactions are, on the whole, not sustainable. They are responding neither to the needs of many customers/citizens, nor to the challenges of the times. Politically and socially, we are drifting about aimlessly, lacking control and efficiency. Financial expert and entrepreneur Yasin Sebastian Qureshi—at age 29 the youngest person ever licensed to run a European bank—describes groundbreaking solutions that have long been in existence: digitalisation and its offspring the Internet, mobile phones and blockchain which are actively determining progressive developments, and whose most radical embodiment so far has been the rise of Bitcoin an other cryptocurrencies. The revolutionary thing about blockchain, however, is not the mere payment process, but the underlying technology, the more efficient processes and, in particular, its decentralised character and interconnectedness. Together with Benjamin Bilski (Forbes "30 under 30"), Qureshi outlines the future of finance and all the relevant administrative processes in business and state, even entire states, on the basis of such blockchains. The authors also dissect the history, meaning and nature of money; it has always been in a state of transformation—but now is in one of complete upheaval. The two also shed light on the social, economic and political consequences of these mutations. But what will happen if everything is organised into blockchains? The answer is certainly not one that should be feared. The new foundations of our daily and working existence are unleashing forces that have so far been pointlessly and inefficiently tied up in technocratic working environments. Following on from, and leaving behind, the Industrial Revolution, a new revolution is now on the rise. Starting in the financial system, it will turn everything there on its head and qucikly expand to other areas. Blockchain is restoring time and its potential to all us—which we can use for other, better and more creative things. Cash, however, is likely to disappear in the medium term—as well as banks, at least as we know them today..

Financial expert and entrepreneur Yasin Sebastian Qureshi—at age 29 the youngest person ever licensed to run a European bank—describes groundbreaking solutions that have long been in existence: digitalisation and its offspring the ...