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Introduction to Islamic Institutions in Economics and Finance

The main objective of Islamic economics and finance is the achievement of human well being (al-Falah) and the elimination of economic injustice and unfairness. One way to achieve this aim is through an effective operation of Islamic financial institutions. The existing financial institutions seem t...

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Main Author:	Muhammad Ridwan Ab. Aziz
Format:	Book
Language:	English
Published:	Universiti Sains Islam Malaysia 2012
Subjects:	Islamic economic Islamic finance Banks and banking > Religious aspects > Islam Finance > Religious aspects > Islam Banks and banking > Malaysia HG3368.A6 .M87 2012
Online Access:	http://ddms.usim.edu.my/handle/123456789/5659
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id	my.usim-5659
record_format	dspace
spelling	my.usim-56592013-03-28T04:22:36Z Introduction to Islamic Institutions in Economics and Finance Muhammad Ridwan Ab. Aziz Islamic economic Islamic finance Banks and banking--Religious aspects--Islam Finance--Religious aspects--Islam Banks and banking--Malaysia HG3368.A6 .M87 2012 The main objective of Islamic economics and finance is the achievement of human well being (al-Falah) and the elimination of economic injustice and unfairness. One way to achieve this aim is through an effective operation of Islamic financial institutions. The existing financial institutions seem to be inadequate and they fail to comprehensively settle many aspects of economics and financial problems of the world. A humble effort has been made through the publication of this book in order to examine and analyse one of the very important parts in economics well- beings namely through a proper operation of Islamic financial institutions. For decades, Islamic financial institutions have been marginalized not only by the Muslim society, but also by most Muslim countries in this world. Islamic financial institutions have been associated by numerous negative conceptions. Yet, Muslim community still cannot understand the actual concept of every Islamic financial institution and some of them regarded these institutions as merely an imitation of conventional financial institutions. Some of them even considered these two financial institutions as similar. This book entitled “Introduction to Islamic Institutions in Economics and Finance” gives a new dimension for Muslim ummah in Malaysia to be involved intensively in all these institutions according to the approved Shariah rules. Through this book, I have tried to answer many questions regarding Islamic economics and financial institutions: Do Islamic financial institutions similar to conventional financial institutions? How can Muslim society participate extensively for the success of Islamic financial institutions in Malaysia? Do Islamic financial institutions provide better alternative for Muslims to solve their economics and financial problems? Do these Islamic financial institutions operate according to the Shariah principles and philosophies?As the title of the book “Introduction to…”, this book is an effort to provide basic and brief knowledge on Islamic Institutions in economics and finance. In this book, nine Islamic Institutions in economics and finance have been introduced to the reader whereby in each chapter, basic concepts of these Islamic financial institutions have been examined. Hopefully, with this basic knowledge, more depth knowledge and application of the Islamic institutions can be published in the future. 2012-07-05T02:17:57Z 2012-07-05T02:17:57Z 2012 Book 9789670393261 http://ddms.usim.edu.my/handle/123456789/5659 en Universiti Sains Islam Malaysia
institution	Universiti Sains Islam Malaysia
building	USIM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universit Sains Islam i Malaysia
content_source	USIM Institutional Repository
url_provider	http://ddms.usim.edu.my/
language	English
topic	Islamic economic Islamic finance Banks and banking--Religious aspects--Islam Finance--Religious aspects--Islam Banks and banking--Malaysia HG3368.A6 .M87 2012
spellingShingle	Islamic economic Islamic finance Banks and banking--Religious aspects--Islam Finance--Religious aspects--Islam Banks and banking--Malaysia HG3368.A6 .M87 2012 Muhammad Ridwan Ab. Aziz Introduction to Islamic Institutions in Economics and Finance
description	The main objective of Islamic economics and finance is the achievement of human well being (al-Falah) and the elimination of economic injustice and unfairness. One way to achieve this aim is through an effective operation of Islamic financial institutions. The existing financial institutions seem to be inadequate and they fail to comprehensively settle many aspects of economics and financial problems of the world. A humble effort has been made through the publication of this book in order to examine and analyse one of the very important parts in economics well- beings namely through a proper operation of Islamic financial institutions. For decades, Islamic financial institutions have been marginalized not only by the Muslim society, but also by most Muslim countries in this world. Islamic financial institutions have been associated by numerous negative conceptions. Yet, Muslim community still cannot understand the actual concept of every Islamic financial institution and some of them regarded these institutions as merely an imitation of conventional financial institutions. Some of them even considered these two financial institutions as similar. This book entitled “Introduction to Islamic Institutions in Economics and Finance” gives a new dimension for Muslim ummah in Malaysia to be involved intensively in all these institutions according to the approved Shariah rules. Through this book, I have tried to answer many questions regarding Islamic economics and financial institutions: Do Islamic financial institutions similar to conventional financial institutions? How can Muslim society participate extensively for the success of Islamic financial institutions in Malaysia? Do Islamic financial institutions provide better alternative for Muslims to solve their economics and financial problems? Do these Islamic financial institutions operate according to the Shariah principles and philosophies?As the title of the book “Introduction to…”, this book is an effort to provide basic and brief knowledge on Islamic Institutions in economics and finance. In this book, nine Islamic Institutions in economics and finance have been introduced to the reader whereby in each chapter, basic concepts of these Islamic financial institutions have been examined. Hopefully, with this basic knowledge, more depth knowledge and application of the Islamic institutions can be published in the future.
format	Book
author	Muhammad Ridwan Ab. Aziz
author_facet	Muhammad Ridwan Ab. Aziz
author_sort	Muhammad Ridwan Ab. Aziz
title	Introduction to Islamic Institutions in Economics and Finance
title_short	Introduction to Islamic Institutions in Economics and Finance
title_full	Introduction to Islamic Institutions in Economics and Finance
title_fullStr	Introduction to Islamic Institutions in Economics and Finance
title_full_unstemmed	Introduction to Islamic Institutions in Economics and Finance
title_sort	introduction to islamic institutions in economics and finance
publisher	Universiti Sains Islam Malaysia
publishDate	2012
url	http://ddms.usim.edu.my/handle/123456789/5659
_version_	1645151723482775552
score	13.222552

Introduction to Islamic Institutions in Economics and Finance

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