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Sharia Law and the Arab Oil Bust

PetroCurse Or Cost of Being Muslim?

The delayed development of the Islamic world, in defiance of the formulaic approaches long favored by economists, suggests that the traditional Sharia and Islamic values and principles are at least partially responsible for the region s persistent backwardness. By analyzing the impact of the legal regime of the Sharia on Saudi Arabia during the Arab Oil Bust of the 1980s, this thesis concludes that Islamic social values and the Sharia s de facto role as an uncodified pre-emptive Arab common law implemented with high regard to precedent by ulama with extraordinary power of judicial review had the effect of accentuating the effects of the Oil Bust, making the theory of the Petrocurse a subset of a larger Cost of Being Muslim. On the other hand, the author concludes that not only is the Sharia not constrained by its nature to playing a deleterious economic role, but that it has broad commercial application, both domestically and internationally, and a new generation of more flexible Muslim economists, lawyers, and financial theorists have pointed the way toward a possible comprehensive modern adaptation of Islamic laws and principles.

Westerners observed that the 1976 agreement was not actually signed by Saudi
Arabia until 1990, and that fourteen years of production and marketing of $700
billion in business occurred “in limbo.”261 However, as seen above, there is no ...

The Islamic School of Law

Evolution, Devolution, and Progress

The Islamic school of law, or madhhab, is a concept on which a substantial amount has been written but of which there is still little understanding, and even less consensus. This collection of selected papers from the III International Conference on Islamic Legal Studies, held in May 2000 at the Harvard Law School, offers building blocks toward the entire edifice of understanding the complex development of the madhhab, a development that even in the contemporary dissolution of madhhab lines and grouping continues to fascinate. As scholars look to the construction of a new Islamic legal history, these essays inform on the background to madhhab formation, on inter-madhhab polemics and the drive toward legal authority, on madhhab perpetuation and anti-madhhab tendencies, on the constitutional role of the madhhab, on the madhhab's legislative and adjudicative mechanisms, and on the significance of the madhhab in comparative terms. This volume is of value to anyone interested in the nature of Islamic law.

This volume is of value to anyone interested in the nature of Islamic law.

A Kid's Guide to Collecting Coins

Geared for kids ages 9-12, this jazzy, colorfully illustrated book will engage kids in the world of coin collecting. They’ll learn stories behind the cent, nickel, dime, quarter, half dollar and dollar, find out which of the coins are the most valuable and learn cool games and tricks using coins. Tips are also included on grading coins, buying and selling coins, attending coin shows and becoming a Young Numismatist.

Geared for kids ages 9-12, this jazzy, colorfully illustrated book will engage kids in the world of coin collecting.

Warman's Modern US Coins Field Guide

Values and Identification

Warman's Modern U.S. Coins Field Guide It's here! A guide that covers the hottest, fastest growing area of coin collecting - modern U.S. coins. Over 500 color images and current-market pricing highlight the exploding interest in coins produced after 1982. Current pricing for modern, uncirculated coins from 1982-present Proof and mint sets, State Quarters, Westward Journey Nickels, Bicentennial Lincoln Cents, Presidential Dollars, Modern Commemoratives, and Gold and Silver Bullion coins State-of-the-market report, advice on beginning a modern collection, and handling and storage

Warman's Modern U.S. Coins Field Guide It's here!

Warman's World Coins Field Guide

Values & Identification

Warman's® World Coins Field Guide At last, a guide you can really carry along to coin shops and shows, containing hundreds of color photographs to make on-the-spot appraisals easy. This comprehensive collecting resource features:Over 500 color photos and thousands of current values of world coins from 1901-2000Coins of the Americas, Canadian, European, African, Asian, and Pacific coinsWorld coin market reports, advice on beginning a collection, mintmarks, counterfeits, grading, errors, handling and storage

Warman's® World Coins Field Guide At last, a guide you can really carry along to coin shops and shows, containing hundreds of color photographs to make on-the-spot appraisals easy.