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Muhammad Iqbal (d.1938), thinker and philosopher - poet of Indo-Pakistani sub-continent was one of the key architects of contemporary Islam. Through the medium of his thoughtful writing and soul-transforming poetry, both Urdu and Persian, he infused a new spirit in the Muslims, not only of India and Pakistan but also Iran, Afghanistan, Central Asia and the Middle East. He challenged the western concept of nationalism and expounded the concept of Islamic nations, on which the idea of Pakistan is based. A Treasury of Iqbal is a glimpse of his thought and contribution.
A representative and wide range of Imam al-Ghazali's aphorisms with accompanying commentaries, presented in a beautiful gift format.
New Issues in Islamic Finance & Economics: Progress and Challenges provides a review of the main issues and challenges facing Islamic finance. The application of Islamic finance is currently limited to banking. This book starts with an overview of the factors and motives behind the development of Islamic finance. A critical review of issues facing the industry is provided followed by a detailed analysis of areas where further attention is required. The book offers some original thinking on issues pertaining to governance, institutions, public finance and economic development within an Islamic financial system.
A representative and wide range of aphorisms from Ibn Taymiyyah's work with accompanying commentaries presented in a beautiful gift format.
The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the rest of the world, now fully revised and updated The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial system is exactly what we need to promote greater financial stability. Providing comprehensive coverage of the fundamental theory behind Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in recent years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance. Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could improve them Discusses all the most recent developments and emerging issues in Islamic finance Updated with the latest developments, trends, innovations, and statistics, this new edition features additional chapters on the financial crisis, globalization, non-bank financial institutions, and recent developments in Takaful (Islamic insurance) The first edition of An Introduction to Islamic Finance established the book as the market leader, and this newly revised and updated second edition incorporates the most recent developments in this booming financial sector, including financial stability, globalization, and non-banking financial institutions.
Though much of Iqbal's best poetry is written in Persian, he is also a poet of colossal stature in Urdu. Shikwa (1909) and Jawab-i-Shikwa (1913) extol the legacy of Islam and its civilising role in history, bemoan the fate of Muslims everywhere, and squarely confront the dilemmas of Islam in modern times. Shikwa is thus, in the form of a complaint to Allah for having let down the Muslims and Jawab-i-Shikwa is Allah's reply to thepoet's complaint.
This text explains how Islamic banking works and what it offers as an alternative model of financial intermediation. Important questions addressed include: Why Islamic banking started and where it is going? Who are the main players at present and whom it will attract in future? What are its strengths and weaknesses? Will Islamic banks survive in highly competitive and globalized financial markets? What are their prospects and potentials? How does the relative performance and efficiency of Islamic banks compare to conventional banks?
The time has come to reveal more of Rumi than the inaccurate portrayal of a new age guru. With careful selections from his work and accompanying commentaries this book will bring readers closer to his poetry’s true, traditional meaning. ‘Everyone has, in their view, become my close friend but they have not sought out the secrets within me.’ — Rumi