Some Muslims believe insurance is unnecessary, as society should help its victims. Muslims can no longer ignore the fact that they live, trade and communicate with open global systems, and they can no longer ignore the need for banking and insurance. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Mus
Some Muslims believe insurance is unnecessary, as society should help its victims. Muslims can no longer ignore the fact that they live, trade and communicate with open global systems, and they can no longer ignore the need for banking and insurance. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme.
From stifling desert camps in Dubai to the bustle of Wall Street and London, follows Eddie Lancaster, a spoilt heir to a US banking dynasty and Amir, a scholar of an altogether more forgiving way of doing business: Islamic finance. Their common link is Leila, an alluring Saudi woman, the niece of Amir and ex-Harvard colleague of Eddie. He carries with him an adoration of Leila that only seems to grow with their years apart. The story takes place over several decades and is set against the descent from boom to bust for international finance. Meanwhile Eddie's father, the patriarch of the Lancaster dynasty, is forced into an involvement with a shadowy organization that uses blackmail, murder and terrorism to get its way - or merely make a point. And just to complicate matters Eddie's mother has become even more intimately involved with the ringleader, oblivious to his identity and the danger she is in. With presidents, sheikhs, academics, powerful businessmen and terrorists all vying for an advantageous position in a global meltdown, the scene is set for an explosive finale. The world is looking for the level heads to win the arguments and save the world from financial catastrophe.But has the answer been staring us in the face all along?
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