Journal of Economic Behavior & Organization journal homepage: www.elsevier.com/locate/jebo How ‘Islamic’ is Islamic Banking? Feisal Khan ∗ Dept. of Economics‚ Hobart and William Smith Colleges‚ 300 Pulteney Street‚ Geneva‚ NY 14456‚ United States a r t i c l e i n f o a b s t r a c t Islamic Banks hold well over US $700 billion in assets and are growing at over 15% p.a. Islamic Banking and Finance (IBF) involves wider ethical and moral issues than simply ‘interest-free’ transactions
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Number 1 The Evolution Of Islamic Finance In Southeast Asia: The Case Of Malaysia (1) Rika Nakagawa‚ Institute of Developing Economies‚ Japan ABSTRACT The purpose of this paper is threefold: to explain why the Islamic financial system was introduced in Malaysia; to outline how the Malaysian government has promoted this system; and to analyze the development of the Islamic financial system with a specific focus on the banking sector. In Malaysia‚ the first Islamic bank‚ Bank Islam Malaysia
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Noraini Hashim Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail.com‚ cnoraini@gmail.com Suhailah Hussien Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail.com‚ cnoraini@gmail.com Mohyani Razikin Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail
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Development of Accounting Theory Based on Islamic Principles and Accounting Standards Setting Mechanism Shaukat Amer Assistant Professor COMSAT Institute of Information Technology Attock Pakistan Shaukat_amer@comsats.edu.pk Abstract The purpose of this paper to explore the possibility to look for a new accounting theory and accounting standards setting mechanism under some of Islamic principles.The paper has discussed basic Islamic principles of “Amanah” (Custody)‚ “Shahadat” (Testimony)
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Islamic Radicalism As years have passed‚ Islam has become a major political force in the contemporary world‚ arguably through means of terrorism and guerilla warfare. The word Islam actually means‚ “submission” to the will of Allah‚ “God” which is similar to how terrorists tend to try and submit others by force to follow said will. These terrorists’ objective is to spread Islamic faith and politics by ridding the world of non-believers to ultimately achieve a pure Islamic state
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HIST 1750 Understanding Historical Change: Introduction to Islamic History and Culture (ca. 600 – ca. 1400) Fall 2014 MR 10:00-11:15 & 11:30-12:45 @ Keating Hall 219 Dr. Ebru Turan Dealy Hall‚ R 630 Email: turan@fordham.eduPhone: 718.817.4199 Office Hours: MR: 2:00-3:45 pm (or by appointment) Course Description: This course reviews the development of Islamic history and culture from the rise of Islam (ca. 600) to the fifteenth century. Drawing on an interdisciplinary approach that
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In March 2001‚ the Taliban destroyed the Buddhas of Bamiyan which Finbarr Barry Flood said would define Islamic iconoclasm for many decades to follow. The author argues that the destruction of the Bamiyan Buddhas does not represent Islam’s attitude towards figuration‚ but rather a response at a particular moment in time. This point is still true today considering Islam’s view on images has never been the reason for iconoclasm‚ but what defines iconoclasm has certainly changed in recent years with
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doubt to belief. The Islamic faith: They believe the firm pillars of faith and the fundamentals of Islam and its basic elements and all that proved God and His Messenger Mohammad- peace be upon him - is the heart and scientific and anecdotal‚ as well as platforms for life‚ even including by dealing with others‚ and this is an important point; Because many of those having faith is neglected or perhaps amazed that belief is the result of the apparent deal. Sources of Islamic faith: The sources of
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Koran is actually telling men that they are allowed to beat their women. This is a repulsive thing to say. How can there be a religion who guides itself on these principles? For these reasons of why it is obvious that Islamic religion supports women oppression. The laws in Islamic
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What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Accounting Master ’s thesis Salad Addawe 2012 Department of Accounting Aalto University School of Economics i What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Master’s Thesis Salad Araye Addawe Winter 2012 Accounting Approved in the Department of
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