Download or read book The Concept of Riba and Islamic Banking written by Imran Ahsan Khan Nyazee and published by Createspace Independent Publishing Platform. This book was released on 2016-12-22 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Riba (Usury), call it bank-interest if you like, is prohibited by the texts of the Qur'an and the Sunnah. This was the conclusion drawn unanimously by the Muslim jurists (fuqaha'); and it is also the decisive view of the vast majority of modern Muslim scholars. Despite this general agreement, a confusion persists in the minds of many, jurists and laymen alike, that even though some forms of interest are prohibited, the simple interest charged by banks may not be prohibited by Islamic law. What is the reason for such a doubt? Why do some uphold prohibition with conviction, while others do not? This book attempts to elaborate the foundations on this prohibition is based, and in doing so removes some of the persistent disagreements.The explanations provided are based upon the works of the earlierjurists so that the discussion is undertaken in a detached manner.
Download or read book Interest in Islamic Economics written by Abdulkader S. Thomas and published by Psychology Press. This book was released on 2006 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba– a definition of which is not given in the Qur’an – is long overdue. This text presents readers with various interpretations of this Islamic economic concept – generally perceived as ‘interest’. Thomas provides a framework for understanding ribaby examining: linguistics classical judicial analysis the historical context modern economics. Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.
Download or read book The Art of Islamic Banking and Finance written by Yahia Abdul-Rahman and published by John Wiley & Sons. This book was released on 2009-12-09 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed look at the fast-growing field of Islamic banking and finance The Art of Islamic Banking and Finance is a modern American take on what it means to incorporate Islamic finance principles into everyday banking and investment techniques by introducing a new brand of banking for all people of all faiths: The Riba-Free (RF) banking. The author is considered the father of RF (Islamic) banking in America. He has been a banker and an Imam/scholar for over 40 years in America since 1968. He started the tedious process with a finance company, LARIBA, in Pasadena, California in 1987. This is the first book ever in the field to trace the origins of prohibiting the renting of money at a price called interest rate and over-indulging in debt. The book reviews in great details the theological foundations of prohibiting interest in the Jewish Bible, the Christian Bible, and the Qur'aan. The author then discusses money and how fiat money is created, the role of the Federal Reserve, and the banking system in America. The book also discusses for the first time ever how to include an important aspect of RF (Islamic) finance using commodity indexation and marking the items to be financed to market in order to avoid participating in economic "bubbles." The author discusses how these rules work, how they affect consumer behavior, and how they change the role of the banker/financier. Covers a new pioneering model that is based on the Law (Shari'aa) and how it is applied in every transaction from joint ventures and portfolio management to home mortgages and personal financing Shows how to incorporate the Law (Shari'aa) into American financing and banking systems Points to RF (Islamic) finance and banking as a way to emphasize socially responsible investing The Art of Islamic Banking and Finance also includes a discussion on the emergence of a culture of RF (Islamic) banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and very effective when compared to twentieth-century models that use financial engineering and structuring techniques to circumvent the Law (Shari'aa). The book also includes case studies based on the actual experience of the author and detailed analysis of the superior results realized by applying this new brand of banking to financing.
Download or read book Jihad written by Gilles Kepel and published by Harvard University Press. This book was released on 2002 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kepel has traveled throughout the Muslim world gathering documents, interviews, and archival materials, in order to give readers a comprehensive understanding of the scope of Islamist movements, their past, and their present. 7 maps.
Download or read book RIBA Job Book written by Nigel Ostime and published by Routledge. This book was released on 2019-07-25 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The RIBA Job Book is the Royal Institute of British Architects’ long-established and recognised standard reference for running construction projects. This major new update fully reflects the new RIBA Plan of Work 2013 and contemporary working practice. It embraces themes of collaboration within the project team, better briefing, advances in information technology and BIM, and the continued importance of sustainability including valuable detail on a range of ‘cradle to grave’ processes in a building project. Applicable to all forms of procurement and to all sizes and types of project, the RIBA Job Book provides a systematic operational framework that is comprehensive in scope and easy-to-follow, and which examines step-by-step the key obligations of the architect or lead consultant. Setting out all the actions to be undertaken throughout a project, it includes invaluable checklists, notes and practical guidance.
Download or read book Stabilizing Currency and Preserving Economic Sovereignty Using the Grondona System written by Patrick Collins and published by Business Science Reference. This book was released on 2021-10-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book describes how implementing Grondona's system could help individual countries to independently improve their economic stability, while creating a growing network of currencies between which the exchange-rates will become increasingly stable"--
Download or read book Unlawful Gain and Legitimate Profit in Islamic Law Riba Gharar and Islamic Banking written by Ahmad Ajaj and published by Springer. This book was released on 1992-09-21 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book What is Riba written by Iqbāl Suhail and published by Pharos Media & Company. This book was released on 1999 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic law.
Download or read book What is Riba written by Iqbāl Suhail and published by . This book was released on 1999 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic law.
Download or read book The Prohibition of Riba Elaborated written by Imran Ahsan Khan Nyazee and published by Createspace Independent Publishing Platform. This book was released on 2016-12-22 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The texts of the Qur'an and the Sunnah that prohibit riba are not easy to understand. An earlier book written by this author, called The Concept of Riba and Islamic Banking, appeared to be difficult for some readers. In fact, a few eager students stated that they were able to understand the text only after they had read it two or three times. This book tries to simplify some of the difficult areas of juristic interpretation. Some additional explanations have been added as compared to our last attempt in 1995, in the book mentioned. A major problem has been the recognition, by modern ulama and scholars, of some basic truths about the prohibition of riba. This non-recognition sometimes appears to be a reluctance to face a few harsh realities and a tendency to evade thorny issues. One such issue is the prohibition of all loans, other than what we have come to call a charitable loan or qard hasan. The issue lies at the heart of all Islamic banking. Instead of giving arguments on this issue and responding to the arguments made in favour of such prohibition, our modern scholars and leading muftis maintain total silence. The present book includes at least one instance of such evasion. It is only when a response on this issue is available from modern scholars that knowledge in this area will advance further. Without such a discussion, Islamic banking has very little chance of success.
Download or read book Law in Practice written by John Wevill and published by Routledge. This book was released on 2019-09-04 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intensely practical and clearly written, Law in Practice: the RIBA Legal Handbook is the RIBA’s jargon-free, professional guide to the law as it relates to a construction project. It addresses all the fundamental, up-to-date issues of contemporary construction law, allowing architects to make sound judgements, avoid disputes, and run projects on a safer basis. This new edition has been fully updated to reflect the new RIBA Plan of Work 2013 – the industry’s framework for construction projects – as well as recent case law and other legal updates that the practising architect needs to be aware of. Why does an appointment need to be written? Why does language matter? What is a novation? What does an overall cap on liability mean, and how can you convince a client to agree one? How do you assess an extension of time? When should you notify your insurer of a potential claim? Law in Practice answers all of these questions and many more.
Download or read book Guide to Using the RIBA Plan of Work 2013 written by Dale Sinclair and published by Routledge. This book was released on 2019-07-25 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The RIBA Plan of Work 2013 is the definitive framework for the contemporary building design and construction process. It provides a stage-by-stage model to assist all members of the project team to manage the process from inception to completion and beyond. This practical guide explains how the RIBA Plan of Work 2013 can be applied for optimal results in construction projects, revealing the Plan of Work as much more than just a project framework. It can be used as a tool to ensure best outcomes and guide thinking across a range of key themes including whole life costs, procurement routes, BIM, and social and environmental sustainability. With useful explanations of the various stages and technical terms, this book is packed with guidance and tips for using the Plan of Work to ensure genuinely integrated projects. Intended as complementary to the RIBA Plan of Work 2013 Online, the RIBA Job Book, and Assembling the Project Team, it is for construction professionals industry-wide, from architectural practices to clients and contractors, as well as students studying for their professional examinations.
Download or read book The Causes and Consequences of Interest Theory written by Cem Eyerci and published by Springer Nature. This book was released on 2021-07-07 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.
Download or read book Towards a Just Monetary System written by M. Umer Chapra and published by International Institute of Islamic Thought (IIIT). This book was released on 1985 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards a Just Monetary System is the first comprehensive study of the goals, nature and operations of the monetary system of Islam, which has justice as one of its most indispensable objectives.For most people, including some Muslims, an interest-free economy is a mystery. Hence a number of questions are asked. Has Islam really prohibited interest and, if so, what is the purpose behind this? Can an economy run without interest? What will be the impact on resource allocation, savings and capital formation, economic stability and growth? Dr. Chapra takes the mystery out of the subject by answering these and a number of other questions by means of a thorough economic analysis. While he shows the rationale behind the prohibition of interest and the strengths of a purely equity-based Islamic economy, he also indicated the problems and gives a realistic proposal for solving them. Dr. Chapra also elaborates the changes that must be introduced in the nature and operations of commercial and central banks: the auxiliary institutions which must be established, and the new tools of monetary policy that must be developed to enable the Islamic money and banking system to function effectively. He however warns that the abolition of interest is not the only value of Islam and unless it is political institutions of Muslim countries, their economies cannot be transformed and socio-economic justice as well as a whole range of other important goals of Islam cannot be realized. This calls for a gradual transformation, but with a total commitment.The Islamic Foundation is an educational and research organization developed to make Islam a living reality in our age. For this purpose, it aims at improving human communication and developing a better understanding of Islam among all people of the world, Muslim and non-Muslim, so as to galvanize man to the message and ideal of One God and the unity of mankind. As brought by all Prophets of God throughout the ages, last of whom was the Prophet Muhammad (blessings of Allah and peace be upon him). An important aspect of the foundation’s multifarious activities is the publication of literature of Islam.
Download or read book Wellbeing in Interiors written by Elina Grigoriou and published by Routledge. This book was released on 2019-08-28 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 4-colour practical guide explores how the design of interior spaces impacts wellbeing. In the built environment, this topic is generally overlooked, even though it is one of the most important topics in sustainable building. This book will enable project teams to understand how specific decisions about sustainable design and materials can be implemented on a day to day basis. Each Part ends by placing each issue into context, exploring how it is a part of sustainable design and includes practical examples. This books raises awareness of the impact interior environments have on wellbeing, and provide details and guidance on how to immediately apply the knowledge in this book to short and long term projects. It also quantifies the impacts in financial and other value terms, making this book immediately useful in a designer's day-to-day work.
Download or read book Good Practice Guide written by Patrick Farrall and published by Routledge. This book was released on 2021-02-15 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Architects are finding the procurement landscape increasingly complex and competitive. This book shows practitioners the ways that fees are calculated, negotiated and managed. It will increase your understanding of the different fee-earning roles for architects, professional services contracts, how to calculate sustainable fee levels and improve negotiation skills. It also includes information on how to monitor and manage fees and the resources required to deliver projects, managing change in the scope of the project and related services, where to add value and to highlight risk areas that may impact on sustaining the business. Case studies explain good and bad practice to illustrate effective fee management, drawn from the authors’ direct experience as practitioners and investigating client complaints.
Download or read book RIBA Health and Safety Guide written by Royal Institute of British Architects (RIBA) and published by Routledge. This book was released on 2020-09-30 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: To ensure chartered architects are reaching a higher standard of knowledge in health and safety and the life safety of building users, the RIBA will be introducing an online test based on a comprehensive curriculum for all members to demonstrate their competence. This guide is designed to improve the safety of practitioners on site and their understanding and application of health and safety processes to create buildings that are safe to build, operate and use. It will help prepare architects for the forthcoming RIBA health and safety test, providing practitioners with the guidance they require regarding site safety, both before and during construction, significant hazards and design risk management to discharge their professional services and legal duties competently and safely.
