Sebanyak 1314 item atau buku ditemukan

Morality and Justice in Islamic Economics and Finance

øMankind is faced with a number of serious problems that demand an effective solution. The prevalence of injustice and the frequency of financial crises are two of the most serious of these problems. Consisting of an in-depth introduction along with a

Ibn Khaldun's theory of development: does it help explain the low performance of
the present-day Muslim world?* 4.1 INTRODUCTION The development and
decline of economies and societies has been of interest to scholars throughout ...

Islamic Capital Markets

Products and Strategies

"This book covers all Islamic derivatives and structured products including state of the art Islamic short-selling methods used by hedge funds and gives a comprehensive overview of current Islamic capital markets. It takes a practical approach addressing practical issues in risk management and investing for both Islamic and non-Islamic readers"--Provided by publisher.

Ahcene Lahsasna and M. Kabir Hassan 2.1 INTRODUCTION Product innovation
and enhancement in business and finance is an important aspect for the
development and growth of the Islamic finance industry. However the flexibility
provided ...

Islamic Finance in Europe

Towards a Plural Financial System

Highlighting the impact of current globalization on financial markets, this topical book challenges the universality of Western property rights and interprets Islamic finance in Europe as part of a plural financial system, where different conceptions of economic justice(s) co-exist and influence each other. The contributing authors analyse key economic development and social integration issues from an Islamic perspective and outline the European approach to accommodating Islamic finance, with particular regard to the peculiarities of individual nation-states. Set in this context, the book presents financial pluralism as a device to enhance a level playing field in the global marketplace, as well as to foster a plural open society. Providing a comprehensive and methodological guide to Islamic finance in Europe, this book will prove an illuminating and informative read for academics, students and policymakers with an interest in the impact on financial regulation of an increasingly globalized world.

development: an. Islamic. perspective. Salman. Syed. Ali. INTRODUCTION The
financial crises such as the global financial crisis of 2007409 and its aftermath as
well as the present sovereign debt crisis of Europe have adversely affected the ...

Introduction to Islamic Economics

Theory and Application

Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications. Universities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, Introduction to Islamic Economics brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. Introduction to Islamic Economics provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to Introduction to Islamic Finance, 2E by Iqbal and Mirakhor.

Thus today, the Western concept of development is focused on efficient
institutions; a political system that nurtures institutions and prohibits rent-seeking
activities and the confiscation of legitimate wealth; and a social outlook that
embraces ...

Islamic Republic of Afghanistan: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Islamic Republic of Afghanistan

KEY ISSUES Context. Over the past decade, Afghanistan has made enormous progress in reconstruction, development and lifting per capita income. Security and political uncertainties, and weak institutions have constrained growth and weighed on social outcomes. With significant reform efforts and donor support, Afghanistan has maintained macroeconomic stability, implemented important structural reforms, and built policy buffers, but significant vulnerabilities remain. The IMF has been supporting Afghanistan through technical assistance and a three-year Extended Credit Facility (ECF) arrangement. Reviews under the ECF arrangement have been delayed. Outlook and risks. 2014 is a crucial year in the political and security transitions and the run-up to the “transformation decade” (2015–24). Assuming smooth political and security transitions, continued reform and donor financing, the outlook should be positive. Large security and development expenditure needs and a limited domestic revenue capacity mean that Afghanistan will remain dependent on donor financing for an extended period. Macroeconomic stability, structural reforms, and political and security stability are needed to ensure inclusive growth. Risks, mostly on the downside, are related to adverse domestic or regional security developments, political instability, inadequate implementation of economic policies, and donor fatigue. Policy recommendations. The authorities’ economic strategy (maintaining macroeconomic stability, strengthening the financial sector, improving economic governance, and moving toward fiscal sustainability) remains appropriate and needs strengthened implementation. Sustained implementation of this strategy will safeguard growth and build buffers to help manage shocks. Policies should continue to aim at strengthening revenue collection, managing money growth to control inflation while preserving exchange rate flexibility, strengthening bank supervision, and quickly enacting anti-money laundering (AML), countering financing of terrorism (CFT), banking, central bank, and value-added tax legislation.

Detailed information on opium cultivation and prices is available but information
on other economic linkages of the drug industry (e.g., trade and financial flows)
remains scarce, in light of the post-conflict and development status of Afghanistan
.

The Developing Role of Islamic Banking and Finance

From Local to Global Perspectives

This volume highlights a vital developmental stage of Islamic Banking and Finance, focusing on regulatory aspects, regional case studies and International Financial Crisis impacts. It aims to help decision makers identify key factors for the real, sustained development of the Islamic Banking System, nationally, regionally and internationally.

A Banking and Financial Economist with accumulated Monetary, Financial and
Economic experience supported by many years of work in the field of Arab,
Islamic Regional and International Banking, finance and development. In 1994
Prof.

Contribution of Islamic Thought to Modern Economics

Proceedings of the Economics Seminar Held Jointly by Al Azhar University and the International Institute of Islamic Thought, Cairo, 1988/1409

Muslim countries are facing serious problems in managing their economic life. Their inherited colonial ways of achieving economic aims are in basic contradiction to certain aspects of Islamic values and intended economic goals. Thus, it is imperative for Muslim countries endeavoring to escape underdevelopment and social injustice to turn to Islamic teaching and the Islamic way of harnessing human potentials to improve economic conditions and ascertain the necessary requirement for effective economic development.Islamic economics, as developed by Muslim jurists and social scientists (fuqaha'), needs to be recast in modern terms and developed further to deal with complex realities of the modern society. This book is one step on the long march to Islamizing the science of economics. It contains a selection of papers from the proceedings of the economic conference held in Cairo in 1988. These papers are a valuable contribution to the cause of modernizing Islamic economics.

The third paper, by Chapra, is centered around economic development strategy.
He explores the differences between what he calls the imported development
strategy and the Islamic development strategy. Imported strategies have been
tried ...

Developments in Islamic Banking Practice

The Experience of Bangladesh

Developments in Islamic Banking Practice: The Experience of Bangladesh examines global developments in the Islamic banking practice, and provides an in-depth analysis of the theory and practice of Islamic banking in Bangladesh, the third-largest Muslim country in the world, with over 150 million Muslims. This book is the first of its kind to examine Islamic banking principles and practices in Bangladesh on such a broad scale. Learners, teachers, researchers, and those practically involved in the burgeoning financial industry will derive value from this book. Readers from all disciplines will become familiarized with the key differences between the principles and practices of two distinct banking systems: the interest-free Islamic banking and the interest-based conventional banking. With the inclusion of citations from authentic references, a well-defined methodology of research, relevant data, tables and figures, coupled with the extensive field work and experience of the author in this sector, this book will serve as a reliable resource to understanding Islamic banking and finance as they function in the general world of finance, and in particular, Bangladesh.

AB Bank Arab Bangladesh Bank AIBL Al-Arafah Islami Bank Limited ANZ
Australia and New Zeeland (Grindlays) BB Bangladesh Bank BDT Bangladeshi
Taka BIBM Bangladesh Institute of Bank Management BMI Bank Melli Iran BOD
Board of ...

Islamic Republic of Mauritania: 2014 Article IV Consultation-Staff Report; Press Release and Statement by the Executive Director for the Islamic Republic of Mauritania

KEY ISSUES Context. Mauritania’s economy has benefited from macroeconomic stability and high growth in the context of contained inflation, responsible macro-policies, high iron ore prices and scaled-up public investment. However, economic growth has not translated into broadly improved living standards and is being hit by a sharp decline in iron ore prices. Outlook and Risks. Although the outlook remains favorable, it hinges heavily on stabilizing iron ore prices and expanding mining capacity. Downside risks to the outlook dominate because iron ore prices may decline further in response to excess supply in the global market. Key Policy Recommendations. With high risk of debt distress and deteriorating terms of trade, Mauritania’s fiscal policy needs to remain focused on consolidation to support fiscal sustainability. Over the medium term, a fiscal framework with a full-fledged fiscal rule will help prevent the boom–bust cycles that ensue from volatility in natural resource revenue, and with strengthened governance in managing mining wealth. The central bank should take advantage of the low-inflation environment to strengthen monetary policy formulation, gradually liberalize the foreign exchange market, and introduce liquidity support and banking resolution frameworks. The implementation of the recent FSAP recommendations should be pursued to enhance the stability of the financial sector stability. Economic diversification and inclusive growth are the foremost medium-term challenges. The authorities should accelerate structural reforms needed to raise Mauritania’s potential growth, create jobs, and improve living standards for all Mauritanians. Article VIII. A comprehensive analysis of the foreign exchange market identified exchange restrictions and multiple currency practices (MCPs) subject to Fund approval under Article VIII. Effective November 20, 2013, the exchange rate regime is classified as “stabilized” arrangement.

7. Millennium. Development. Goals,. 1990–2015. PRSP MDGs 1990 1996 2000
2002 2004 2008 2011 2015 2015 1. Eradicate extreme poverty and hunger
Overall poverty incidence 56.6 50.0 46.3 ... 46.7 42.0 ... 25.0 28.3 Incidence of
poverty ...

Development Models in Muslim Contexts: Chinese, 'Islamic' and Neo-liberal Alternatives

Recent discussions of the 'Chinese economic development model', the emergence of an alternative 'Muslim model' over the past quarter century and the faltering globalisation of the 'Washington Consensus' all point to the need to investigate more systematically the nature of these models and their competitive attractions. This is especially the case in the Muslim world which both spans different economic and geographic categories and is itself the progenitor of a development model. The 'Chinese model' has attracted the greatest attention in step with that country's phenomenal growth and therefore provides the primary focus for this book. This volume examines the characteristics of this model and its reception in two major regions of the world - Africa and Latin America. It also investigates the current competition over development models across Muslim contexts. The question of which model or models, if any, will guide development in Muslim majority countries is vital not only for them, but for the world as a whole. This is the first political economy study to address this vital question as well as the closely related issue of the centrality of governance to development.

He is co-author (with James Bill) of a textbook on the comparative politics of the
Middle East and (with Clement Henry) of Globalization and the Politics of
Development in the Middle East (Cambridge: Cambridge University Press, 2001).