Essentials of the Islamic Economy & Capitalism
Financial Constructs from a Muslim Perspective
Nonfiction, Religion & Spirituality, Middle East Religions, Islam
| Author: | Muhammad Rafi Usmani | ISBN: | 9781780410555 |
| Publisher: | ScribeDigital.com | Publication: | December 15, 2009 |
| Imprint: | Islam Digital | Language: | English |
| Author: | Muhammad Rafi Usmani |
| ISBN: | 9781780410555 |
| Publisher: | ScribeDigital.com |
| Publication: | December 15, 2009 |
| Imprint: | Islam Digital |
| Language: | English |
With the increase in shariah compliant finance there is a need to understand some of the principles which are specifically incompatible with capitalist models that exist. The books highlights some of the prevalent financial structures such as interest, insurance etc, and analyses their compatibility. Mufti Rafi, brother of Taqi Usmani, delves into some of the source text that provide the underlying foundation upon which Islamic economic principles are established. He further uses these principles to analyse alternative economic systems such as Capitalism, where he presents the elements of their incompatibility, where they may exist.
With the increase in shariah compliant finance there is a need to understand some of the principles which are specifically incompatible with capitalist models that exist. The books highlights some of the prevalent financial structures such as interest, insurance etc, and analyses their compatibility. Mufti Rafi, brother of Taqi Usmani, delves into some of the source text that provide the underlying foundation upon which Islamic economic principles are established. He further uses these principles to analyse alternative economic systems such as Capitalism, where he presents the elements of their incompatibility, where they may exist.
