Muhammad Ayub Understanding Islamic Finance phần 5 ppsx

... States 8 1. 5 The Main Culprit 8 1. 6 The Need of the Hour 9 1. 7 Economics and Religion 10 1. 8 Islamic Principles Can Make the Difference 11 1. 9 Regulating Trade and Business 13 1. 10 Islamic Finance ... Significant Milestones 15 1. 11 Could it Work to Achieve the Objectives? 16 1. 12 About this Book 17 2 Distinguishing Features of the Islamic Economic System 21 2...

Ngày tải lên: 09/08/2014, 16:21

... Bench, 20 00, pp. 557–564; Zaman, 1966, pp. 8– 12. 15 Tabari, n.d., pp. 26 , 27 . 16 University of the Punjab, 1973, 10, p. 1 72. 17 Shariat Appellate Bench, 20 00, pp. 539–543. 28 Understanding Islamic ... compulsion. 2. The maintenance of healthy conditions in the market to ensure its proper functioning. 18 See Holy Qur’ ¯ an, 2: 28 1. 19 See Chapra, 20 00a, pp. 69– 72. 46...

Ngày tải lên: 09/08/2014, 16:21

... channels that eventually lead to injustice. 53 53 For further details on Islamic law see: Hassan, 19 93; Qadri, 19 63, pp. 97–1 13. 122 Understanding Islamic Finance loan, gift, donation, Waqf, or contracts ... practitioners to apply the Islamic law of contracts in modern-day operations. 32 Ibnul Qayyim, 1955, 3. 33 Zuhayli, 20 03, 1,p.74. 34 For details see Zuhayli, 20...

Ngày tải lên: 09/08/2014, 16:21

... and that it is the 40 Thanwi, n.d., 14, p. 1 34; Al Sanani, 1972, pp. 136–137. 41 Tirmidhi, 1988, No. 12 54. 42 Mubarakpuri, n.d., 2, p. 236. 43 Shuk ¯ ani, n.d., 5,p.12. 44 Ibid. 45 Shuk ¯ ani, Shifa ... Bench, 2000, pp. 45 9 46 3, 522–567; Ayub, 2002, pp. 19–28, 39, 40 , 221–260. 15 See Ibn-abi-H ¯ atim, 1997, No. 2913. 16 Al-Sarakhsi, n.d., 14, p.35. 144 Understanding Is...

Ngày tải lên: 09/08/2014, 16:21

... 1970, p. 220. 14 Al-Jaziri, 1973, p. 56 4; AAOIFI, 2004–5a, p. 128. 15 Al-Marghinani, 1 957 , p. 282; Shaybani, 1 953 , pp. 155 , 156 . 16 Al-Jaziri, 1973, pp. 56 4, 56 5; Saleh, 1986, p. 96. Murabaha and ... the Islamic Fiqh Academy, 2000, pp. 251 , 252 ; AAOIFI, 2004–5a, pp. 122, 132. 65 Fatwah translated into English, cf. Ray, 19 95, pp. 182, 183. 66 AAOIFI, 2004–5a, p. 132. 206...

Ngày tải lên: 09/08/2014, 16:21

... this in its third session. Also see Institute of Islamic Banking and Insurance (IIBI), 2000, p. 23. 292 Understanding Islamic Finance 1. In a finance lease, the rental starts accruing as soon ... The bank can refuse to accept the goods only if the goods do not fulfil the 2 86 Understanding Islamic Finance 11.3 .6 Termination/Amendment of the Contract and Implications Ijara...

Ngày tải lên: 09/08/2014, 16:21

... 6666. 67 4666. 67 11 333.33 119 79 3 333.3 2 6666. 67 46 27. 78 11 294.44 118 78 6 666 .7 3 6666. 67 4588.89 11 255.56 1 17 780 000.0 4 6666. 67 4550.00 11 216. 67 116 77 3 333.3 5 6666. 67 4511.11 11 177 .78 ... 177 .78 115 76 6 666 .7 6 to 115 xxxx xxxx xxxx xxxx xxxx 116 6666. 67 194.44 6861.11 4 26 666 .7 1 17 6666. 67 155.56 6822.22 3 20 000.0 118 6666. 67 116. 67 678...

Ngày tải lên: 09/08/2014, 16:21

... in 388 Understanding Islamic Finance The Shar ¯ ı´ah board’s report should also include a clear statement that all earnings that have been realized from sources or by means prohibited by Islamic ... heterogeneous, e.g. gold for silver or Pound for Dollar. 12 Council of the Islamic Fiqh Academy, 2000, pp. 61–66. 380 Understanding Islamic Finance reimbursed for any payments, i...

Ngày tải lên: 09/08/2014, 16:21

... While Islamic banking emerged in the 196 0s and early 197 0s, Islamic insurance started no earlier than 197 9. This reveals that the Takaful system developed in response to demand for risk cover by Islamic ... means negation of time value of money; therefore, they argue that either Islamic 2 See Maududi, 198 2– 199 1, 1, pp. 382, 383 (4: 92 ). An Appraisal of Common Criticism 443 Pr...

Ngày tải lên: 09/08/2014, 16:21

... in Islamic commercial law 101 –2 Qimi goods 102 –3 rates of return, in Islamic finance 448–50 refinancing schemes, by Central Banks 377–8 religion, role in economics 10 11 principles of Islamic finance ... income IB Islamic Bank IBBs Islamic banking branches (stand-alone) ID Islamic Dinar IDB Islamic Development Bank IDR Islamic depository receipts IERS Islamic export...

Ngày tải lên: 09/08/2014, 16:21

... 509 xiv Understanding Islamic Finance 13 .3 .1 Use of Tawarruq for Liquidity Management 3 51 13.4 Ju‘alah 3 51 13.4 .1 Parties to Ju‘alah 3 51 13.4.2 Subject Matter of Ju‘alah and Reward 352 13 .4.3 ... 14 6 x Understanding Islamic Finance 6 .11 Al ‘Inah Sale and the Use of Ruses (Hiyal) 14 7 6 .12 Options in Sales (Khiyar) 15 0 6 .13 Summary 15 2 7 Loan and Debt in...

Ngày tải lên: 14/08/2014, 05:20

... Bench, 20 00, pp. 557–564; Zaman, 1966, pp. 8– 12. 15 Tabari, n.d., pp. 26 , 27 . 16 University of the Punjab, 1973, 10, p. 1 72. 17 Shariat Appellate Bench, 20 00, pp. 539–543. 62 Understanding Islamic ... Judgement, paras 23 , 24 , pp. 528 , 529 ; quoting from Ibn Jarir, Jami-al-Bayan, 3: 107; Al-Wahidi, Alwasit, 1: 397 and Al-Wahidi, Asbab-al-Nuzool, Riyadh, 1984, p. 87. 70...

Ngày tải lên: 14/08/2014, 05:20

... apply the Islamic law of contracts in modern-day operations. 32 Ibnul Qayyim, 1955, 3. 33 Zuhayli, 20 03, 1,p.74. 34 For details see Zuhayli, 20 03, pp. 71, 72. 112 Understanding Islamic Finance 5.5.4 ... two 41 Al-Atasi, 14 03 AH, Majallah, Article 37 1. 42 Mansoori, 2005, pp. 87–89. Also see for detail Zuhayli, 20 03, 1, pp. 139 –144. 43 Mansoori, 2005, pp. 90–94. 98 U...

Ngày tải lên: 14/08/2014, 05:20

... the 4 Al-Marghinani, 1 957 , p. 282. 5 Ibn Qudama, 1 958 , 4, p. 179; Al Jaziri, 1973, pp. 55 9 56 4. 6 Malik, 19 85, pp. 424, 4 25. 7 Al Jaziri, 1973, p. 55 9. 8 Al-Hilli, 1389 AH, p. 40. 9 Al-Kasani, 1993, 5, p. 223, ... 121, 122. 45 Usmani, 2000a, pp. 1 25, 126; Resolution Nos. 2 and 3, 5th session of the Islamic Fiqh Academy. 216 Understanding Islamic Finance was practise...

Ngày tải lên: 14/08/2014, 05:20

... time value of money; therefore, they argue that either Islamic 2 See Maududi, 198 2– 199 1, 1, pp. 382, 383 (4: 92 ). 422 Understanding Islamic Finance 16.3.1 Main Objective of the Takaful System The ... While Islamic banking emerged in the 196 0s and early 197 0s, Islamic insurance started no earlier than 197 9. This reveals that the Takaful system developed in response to dema...

Ngày tải lên: 14/08/2014, 05:20