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BBUILDING GENUINE ISLAMIC FINANCIAL INSTITUTIONS

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BUILDING GENUINE ISLAMIC FINANCIAL INSTITUTIONS

Asad Zaman

Sep 10, 2013, Finance and Banking
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1. INTRODUCTION: CONTRASTING SPIRITS As Max Weber (1930, Chapter 2) has documented, “The spirit of capitalism is the pursuit of wealth for its

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ISLAMIC ECONOMICS AND THE GLOBAL FINANCIAL CRISIS

Asad Zaman

Jul 18, 2013, Business
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Modern financial institutions, instruments and their underlying philosophies clash with Islamic law in many areas. For some time, both critics

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In a globalised world, there is a need to provide and promote alternative views on economics and finance, geopolitics and societal trends. Islamic socio-economic thinking has far too often been sidelined and dismissed as being pre-modern or derivative of western thinking, resulting in an unfortunate absence of important and much needed intellectual contributions to the global debate. Islamic Economist is the first portal of its kind which brings together leading Islamic thinkers, esteemed decision makers and intellectuals to contribute commentaries and incisive analysis on significant global issues. Grounding their thought in Islamic principles, writers will share their unique perspectives and alternative viewpoints, thereby revealing the wealth and breadth of Islamic socio-economic thinking.

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