Islamic Business Finance is based on strong ethical regulations as suggested by Islamic Literature, such as the Quran and the Traditions of the Prophet of Islam, and could be considered as a subclass of the wider subject of ethical standards in business. This book highlights the basic principles of Islamic Business ethics and their implication in today’s global business environment. It highlights the most important features of Islamic banking and finance in relation to the core principles of Shariah law. It is the most comprehensive book to date, in terms of the number of Quranic verses and traditions of the Prophet relating to this subject, which are interspersed throughout the text. It explains how ethics are defined both in general terms and within the context of an Islamic perspective. In addition, it provides a logical interpretation of Islamic principles of business ethics, while keeping in view thethrough the use of contemporary business practices. Topics such as digital currencies, money laundering, etc. are discussed at length. This book also discusses the new and emerging ethical issues faced by business and industry globally. This book will be a valuable reference guide for students, teachers and researchers of Islamic banking and finance.
This fascinating book uncovers the hidden stories behind Pakistan’s fixation with blasphemy–tales of revenge, political scheming and sovereign betrayal. Hussain’s account opens in nineteenth-century colonial Punjab and traces blasphemy killings to the present, linking their emergence to polemic encounters between Hindu and Muslim revivalist sects, namely the Arya Samaj and the Ahmadiyya. It offers, for the first time, the arresting backstories to the assassinations of Pandit Lekh Ram, a leading Hindu nationalist; Swami Shraddhanand, an early progenitor of Hindu nationalism and the principal advocate for converting Muslims; and Rajpal, the Hindu publisher of a sensationalist book on the Prophet Muhammad. Revenge, Politics and Blasphemy in Pakistan then maps the curious afterlives of these killings, illuminating the most critical moments in Pakistan’s history: 1953, when outraged protestors smashed stores owned by religious minorities, triggering the country’s first state of emergency; 1974, when Islamist parties pressured Zulfiqar Ali Bhutto to put blasphemy on the constitutional agenda; 1984, when Zia-ul-Haq transformed Pakistan according to his Islamist vision, which included more severe punishments for blasphemy; and the twenty-first century, when digital media has dramatically increased the visibility of blasphemy killings, prompting political parties to demonstrate their commitment to the cause.
Mona learns to find her voice over the course of a year that sees her immigrating from Dubai to Canada in this novel for fans of Front Desk by Kelly Yang. Mona Hasan is a young Muslim girl growing up in Dubai, United Arab Emirates, when the first Gulf War breaks out in 1991. The war isn’t what she expects — “We didn’t even get any days off school! Just my luck” — especially when the ground offensive is over so quickly and her family peels the masking tape off their windows. Her parents, however, fear there is no peace in the region, and it sparks a major change in their lives. Over the course of one year, Mona falls in love, speaks up to protect her younger sister, loses her best friend to the new girl at school, has summer adventures with her cousins in Pakistan, immigrates to Canada, and pursues her ambition to be a feminist and a poet.
In nineteenth-century Punjab, a cultural tug-of-war ensued as both Sufi mystics and British officials aimed to engage the local artisans as a means of realizing their ideological ambitions. When it came to influence and impact, the Sufi shrines had a huge advantage over the colonial art institutions, such as the Mayo School of Arts in Lahore. The mystically-inspired shrines, built as a statement of Muslim ruling ambitions, were better suited to the task of appealing to local art traditions. By contrast the colonial institutions, rooted in the Positivist Romanticism of the Victorian West, found assimilation to be more of a challenge. In questioning their relative success and failures at influencing local culture, the book explores the extent to which political control translates into cultural influence. Folktales, Sufi shrines, colonial architecture, institutional education methods and museum exhibitions all provide a wealth of sources for revealing the complex dynamic between the Punjabi artisans, the Sufi community and the colonial British. In this unique look at a little-explored aspect of India's history, Hussain Ahmad Khan explores this evidence in order to illuminate this web of cultural influences. Examining the Sufi-artisan relationship within the various contexts of political revolt, the decline of the Mughals and the struggle of the Sufis to establish an Islamic state, this book argues that Sufi shrines were initially constructed with the aim of affirming a distinct 'Muslim' identity. At the same time, art institutions established by colonial officials attempted to promote eclectic architecture representing the 'British Indian empire', as well as to revive the pre-colonial traditions with which they had previously seemed out of touch. This important book sheds new light on the dynamics of power and culture in the British Empire.
Islamic microfinance is one of the most important sectors of Islamic social finance, which plays a very important role in curbing poverty and improving the standard of living, per capita income, employment level as well as achieving Maqasid al-Shariah, profitability and sustainability. This role of Islamic microfinance has become more crucial in the pandemic period. It has been clearly witnessed in developing countries such as Pakistan and Bangladesh, how Islamic microfinance institutions helped deprived and affected communities during the pandemic. Another important development during the pandemic was the introduction of blended models of Islamic microfinance such as waqf-based Islamic microfinance, a zakat-based model and the combination of Islamic commercial and social finance. Islamic microfinance institutions also aim to harness the power of digitalization and fintech, but they need to consider the necessary success factors to realize and gain the real benefits of technology. There are some major challenges related to regulations, management issues, lack of skilled human resources, a wide digital divide and low level of financial literacy in developing countries. These challenges need to be addressed to ensure stability, steady growth and sustainability in the sector. This book is a compendium on Islamic microfinance, including case studies from seven jurisdictions and prospects for the sector. The book will be a major contribution to the literature of Islamic economics and finance and a guide of equal importance for students, academics, institutions, regulators, fintechs, policy makers and the general public.
This book discusses different fruit crops and provides first-hand information on the nutritional composition of commercially important, as well as unexplored fruits, which are grown in Jammu, Kashmir and Ladakh. A detailed nutritional profile of each fruit is presented in the book. The potential health implications against cardiovascular diseases, diabetes, carcinoma, oxidative damage, asthma, aging and cognition are discussed and explained. Besides, nutritional composition and medicinal implications, origin, morphology, taxonomy and production scenarios of unexplored, as well as commercially important fruits, have also been highlighted in the book. This book will be of interest to students and researchers involved in agricultural sciences, food science, nutrition and the Indian medicine system.
Islam encourages business and financial transactions as a way of securing the basic needs for all human beings, but these need to be conducted in accordance with the principles contained in the Qur’ān and Sunnah. However, these legal concepts are not classified subject-wise, and the verses on commercial law, like all other topics, are scattered throughout the Qur’ān, making it difficult for readers to gain a full understanding of the topic. This, therefore, is the first comprehensive book to demystify Islamic contract law and specifically Islamic financial contracts, and to examine its roots and history. The book is written in a clear style to allow for a greater understanding of the more challenging and misunderstood areas pertaining to Islamic business and financial contracts. It also contributes a series of chapters which address the market niche and need, concerning Shariah compliance for Islamic financial products and services. The book is divided into 16 chapters in order to provide a holistic and thorough overview of Islamic law of contract. It covers the objections and misconceptions surrounding Islamic business and financial contracts. It also includes the key features and guiding principles of Islamic law of contract and offers technical know-how, illustrating the concept of formation of a contract, as well as the essential elements of a valid contract. The authors also offer a discussion on the system of options under Islamic business and financial contracts and potential solutions to breach of contracts. The book will serve as a handy reference for scholars and students of Islamic business and finance and Islamic commercial law and will also be beneficial for practitioners as well as legal and judicial officers. It will open new doors for further research in the field of Islamic financial contracts.
The word ‘Halal’ translates to ‘permissible’ in English, though it encapsulates a broader meaning that goes beyond permissibility and impermissibility. Halal incorporates hygiene, cleanliness, legality, compliance, ethics as well as cultural aspects. This book provides a holistic overview of the relevant concepts but also covers Shariah, commercial, regulatory and technological aspects of the global Halal industry. It is not confined to a specific region, country or sector, rather it gives a comprehensive summary of the developments and growth across all sectors of the Halal industry, at the regional but also the global level. It is a well-researched and accessible volume which sets out to demystify some of the more challenging areas and offers an in-depth synopsis of each of the research questions it answers. The book also contributes a series of chapters with specialized treatment. It explores the key Shariah issues and guiding principles of Islamic law, technical know-how within various sectors such as Halal food, tourism, cosmetics, pharma, logistics, supply chain, media & fashion and offers a discussion on Artificial intelligence, quantum technology, and blockchain in different sectors of the Halal industry. Moreover, this work proposes viable solutions to the challenges faced by the industry such as the harmonization of Halal standards. Beneficial to audiences of all levels from beginners to advanced, it will be a handy reference for researchers and advanced students studying Islamic business and economics, Halal management, nutritional sciences, tourism, media, fashion and pharmaceuticals. It will also be of benefit to practitioners, policymakers and legal and standard-setting bodies.
In an age where the global rules-based world order faces significant challenges to maintaining peace and stability—with world superpowers jockeying to preserve their influence across multiple theatres of conflict—this book explores the major international laws and treaties governing the process of peace and reconciliation. Focusing on the conflicts in Afghanistan, Palestine-Israel and Kashmir, it examines and analyses these conflicts through the prism of international law, humanitarian norms, treaties, and conventions, interspersed with insights from the Islamic legal tradition. An innovative approach to the problem of conflict resolution is applied by a) reviewing the jurisprudential sources and tools that are used in international and Islamic law, and b) using a comparative analysis to provide an assessment of whether these sources help or hinder—individually or collectively—the chances for peace and reconciliation in specific global conflict theatres. It also explores how by supplementing these legal tools using principles of Islamic peacebuilding along with a theo-diplomatic conflict reconciliation model could assist in the brokering of peaceful outcomes. This book will be of benefit to think tanks; inter-faith institutions; government departments; diplomats, ambassadors, statesmen and stateswomen; consulates; faith leaders; universities; public policy-political science departments; international relations analysts; counter terrorism-security experts; and academics who are interested in the interfaces between Islamic and international law.
In the 21st century, to perform a given task in real life, we need to think beyond mere accumulation of knowledge from textbooks. The NEP 2020 calls for a shift from assessment system where rote learning is emphasized to competency-based education (CBE). Competency-based education is an approach to teaching, where learner is placed at the center (student centered learning) which promotes learning, development of high order skills such as conceptual analysis, critical thinking. It emphasizes knowledge based on experiential learning relevant to daily life. Competency-based education is a form of education that derives curriculum from an analysis of a prospective or actual role in modern society and that attempts to certify students' progress on the basis of demonstrated performance in some or all aspects of that role. According to the theory, such demonstrations of competence do not depend on the amount of time spent in formal education settings (Riesman, 1979).
This book deals with Law of Waqf (Muslim Endowment Law) and its judicial response in India. The volume covers several jurisprudential and historical aspects of Waqf, which include Doctrines of Waqf; Essential Requisites of Waqf; Valid Objects of Waqf; Historical Account of Waqf; Emergence of Waqf Law in India; and Constitutional Validity of Waqf in India. The chapters then go on to discuss the Waqf Act 1995 and Waqf Amendment Act 2013. The legal perspectives of each Section of Waqf Act and its amendments are elucidated with references under Reflections. The case-law has been analysed and cited under each Section of Waqf Act, wherever applicable. This book will be of interest to scholars and researchers of law and legal studies. It will be of interest to practitioners of Waqf Jurisprudence in India, the managers of Waqf Institutions and officials involved in Waqf Administration.
Dongri to Dubai is the first ever attempt to chronicle the history of the Mumbai mafia. It is the story of notorious gangsters like Haji Mastan, Karim Lala, Varadarajan Mudaliar, Chhota Rajan, Abu Salem, but above all, it is the story of a young man who went astray despite having a father in the police force. Dawood Ibrahim was initiated into crime as a pawn in the hands of the Mumbai police and went on to wipe out the competition and eventually became the Mumbai police’s own nemesis.The narrative encompasses several milestones in the history of crime in India, from the rise of the Pathans, formation of the Dawood gang, the first ever supari, mafia’s nefarious role in Bollywood, Dawood’s move to Karachi, and Pakistan’s subsequent alleged role in sheltering one of the most wanted persons in the world.This story is primarily about how a boy from Dongri became a don in Dubai, and captures his bravado, cunningness, focus, ambition, and lust for power in a gripping narrative. The meticulously researched book provides an in-depth and comprehensive account of the mafia’s games of supremacy and internecine warfare.
The establishment and operation of Islamic banking and finance are governed by Shari'ah principles. These specific underlying principles give a new dimension to its governance structure, which is known as Shari'ah Governance. The aim of this research is to examine the theoretical and practical aspects of problems and challenges facing Islamic banking and finance in Pakistan. The study focuses on four main issues: the legal and regulatory framework, Shari'ah compliance, management, and accounting. In order to achieve the objectives, this study surveys different groups of respondents who are involved in the operation of Islamic banking and finance, using semi-structured interviews. The key respondents are members of the Shari'ah Committee, Shari'ah Officers and Chief Executive Officers (CEO).
On the afternoon of 12 March 1993, a series of explosions cut a swathe of terror and destruction through Bombay. The toll: 257 killed or missing, 713 injured, and a city in a shambles. In Black Friday, S. Hussain Zaidi takes us into the heart of the conspiracy which spanned several countries and the massive investigation that ensued. A product of four years of meticulous research, the book gives chilling insights into the criminal mind, through interviews with close associates of Dawood Ibrahim and Tiger Memon, among others. The characters we meet are compelling: the terrorists, the corrupt law enforcement agents who abetted the plot, the investigators who would stop at nothing, and, above all, the people of Bombay of whose resilient spirit this book is a celebration. Riveting and incisive, Black Friday reveals the true dimensions of a horrific tragedy which shook the nation.
Islamic Business Finance is based on strong ethical regulations as suggested by Islamic Literature, such as the Quran and the Traditions of the Prophet of Islam, and could be considered as a subclass of the wider subject of ethical standards in business. This book highlights the basic principles of Islamic Business ethics and their implication in today’s global business environment. It highlights the most important features of Islamic banking and finance in relation to the core principles of Shariah law. It is the most comprehensive book to date, in terms of the number of Quranic verses and traditions of the Prophet relating to this subject, which are interspersed throughout the text. It explains how ethics are defined both in general terms and within the context of an Islamic perspective. In addition, it provides a logical interpretation of Islamic principles of business ethics, while keeping in view thethrough the use of contemporary business practices. Topics such as digital currencies, money laundering, etc. are discussed at length. This book also discusses the new and emerging ethical issues faced by business and industry globally. This book will be a valuable reference guide for students, teachers and researchers of Islamic banking and finance.
Islam encourages business and financial transactions as a way of securing the basic needs for all human beings, but these need to be conducted in accordance with the principles contained in the Qur’ān and Sunnah. However, these legal concepts are not classified subject-wise, and the verses on commercial law, like all other topics, are scattered throughout the Qur’ān, making it difficult for readers to gain a full understanding of the topic. This, therefore, is the first comprehensive book to demystify Islamic contract law and specifically Islamic financial contracts, and to examine its roots and history. The book is written in a clear style to allow for a greater understanding of the more challenging and misunderstood areas pertaining to Islamic business and financial contracts. It also contributes a series of chapters which address the market niche and need, concerning Shariah compliance for Islamic financial products and services. The book is divided into 16 chapters in order to provide a holistic and thorough overview of Islamic law of contract. It covers the objections and misconceptions surrounding Islamic business and financial contracts. It also includes the key features and guiding principles of Islamic law of contract and offers technical know-how, illustrating the concept of formation of a contract, as well as the essential elements of a valid contract. The authors also offer a discussion on the system of options under Islamic business and financial contracts and potential solutions to breach of contracts. The book will serve as a handy reference for scholars and students of Islamic business and finance and Islamic commercial law and will also be beneficial for practitioners as well as legal and judicial officers. It will open new doors for further research in the field of Islamic financial contracts.
Islamic microfinance is one of the most important sectors of Islamic social finance, which plays a very important role in curbing poverty and improving the standard of living, per capita income, employment level as well as achieving Maqasid al-Shariah, profitability and sustainability. This role of Islamic microfinance has become more crucial in the pandemic period. It has been clearly witnessed in developing countries such as Pakistan and Bangladesh, how Islamic microfinance institutions helped deprived and affected communities during the pandemic. Another important development during the pandemic was the introduction of blended models of Islamic microfinance such as waqf-based Islamic microfinance, a zakat-based model and the combination of Islamic commercial and social finance. Islamic microfinance institutions also aim to harness the power of digitalization and fintech, but they need to consider the necessary success factors to realize and gain the real benefits of technology. There are some major challenges related to regulations, management issues, lack of skilled human resources, a wide digital divide and low level of financial literacy in developing countries. These challenges need to be addressed to ensure stability, steady growth and sustainability in the sector. This book is a compendium on Islamic microfinance, including case studies from seven jurisdictions and prospects for the sector. The book will be a major contribution to the literature of Islamic economics and finance and a guide of equal importance for students, academics, institutions, regulators, fintechs, policy makers and the general public.
This book discusses different fruit crops and provides first-hand information on the nutritional composition of commercially important, as well as unexplored fruits, which are grown in Jammu, Kashmir and Ladakh. A detailed nutritional profile of each fruit is presented in the book. The potential health implications against cardiovascular diseases, diabetes, carcinoma, oxidative damage, asthma, aging and cognition are discussed and explained. Besides, nutritional composition and medicinal implications, origin, morphology, taxonomy and production scenarios of unexplored, as well as commercially important fruits, have also been highlighted in the book. This book will be of interest to students and researchers involved in agricultural sciences, food science, nutrition and the Indian medicine system.
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