Islamic Economics refers to financial aspects or monetary activities and processes, which adhere to Islamic standards and teachings. The Islamic Economic System relates to the hypothetical development of an economy whose individuals follow the Islamic faith. This book presents an interesting and timely narrative of the concepts of Islamic economics in the context of Islamic culture. Its purpose is to guide individuals and organizations towards a Shariah-based Islamic Economic System. It begins by introducing the Islamic Economic System; its historical origins are explained in the framework of the verses of the Holy Quran, and in light of the Shariah scholars and the philosophical thinkers of the mid-20th century. It discusses concepts such as the evolution of Islamic Fintech and Artificial Intelligence (AI); the relationship between Islamic corporate governance and Islamic Economics; the distribution of wealth in Islam; Islamic Social Finance; Islamic Economic practices in the banking industry, behavioural norms and moral foundations; and Islamic Economics in Organisation of Islamic Cooperation (OIC) and non-OIC countries. The author emphasizes the principles that set Islamic economics apart from traditional systems, grounded in Shariah evidence and highlights the role of Islamic principles in promoting overall business success and ethical practices in the banking industry, offering comparative analysis between Islamic and conventional models, as well as economic systems. Drawing on a rich array of sources, including the Quran and interviews with renowned religious scholars, the book provides a well-rounded and thoroughly researched argument. This book will serve as a valuable resource for academics, scholars, researchers, and organizations seeking to navigate the complexities of an interest-free economic system guided by Islamic principles.
Do you find yourself unable to understand the basics of Islamic Banking and Finance? Do you need help overcoming the issues regarding Economic System of Islam? Clueless about how modes of Islamic Finance works? This book will give the basic idea regarding the concepts of Islamic Economics, Banking and Finance System. This book "Underpinning of Islamic Economics, Banking and Finance" tells you about the working of Islamic Modes of Financing. On the basis of this book, you will learn that: what The Holy Quran says about the Economic Cycle, how to run the Banking and Finance System according to Shariah, and how to practice Shariah Compliant. We wrote this book to give awareness to the people who really want to know about the working of Shariah Based and Compliant Systems. This book contains: so many Ayaats from the Holy Quran, so many Ahadiths from various well-known books of Hadiths and so many quotations of various Religious scholars to enhance the concepts incorporated in this book. This book have ten sections, involving: Islamic Economic System, Islamic Financing and Banking, Islamic Contracts, Profit and Loss Sharing, Riba, Islamic Investment, Asset-Backed Financing, Islamic Modes of Financing, Special Topics in Islamic Finance and the last one is Differentiate between Islamic and Conventional Banking System. Islamic Economic System Islamic Financing and Banking Islamic Contracts Profit and Loss Sharing Riba Islamic Investment Asset-Backed Financing Islamic Modes of Financing Special Topics in Islamic Finance Differentiate between Islamic and Conventional Banking System. Written by three Ph.D. holder Authors from Pakistan and Turkey who have been serving in the field for a long time. A unique book from Auraq Publications.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.