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Dr.Imamul Haque, Associate Professor, Department of Commerce, Aligarh Muslim University & Fayaz Ahmad Lone, Research Scholar, Department of Commerce, Aligarh Muslim University, Aligarh, India
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- A comprehensive scheme
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Today, a fixed deposit in a bank is considered an investment because it earns a return, and a loan is considered an asset by the bank for the...
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Nafis Alam is currently attached to the School of Business at Monash University Sunway campus, where he works as Lecturer (Islamic Finance) and has also embarked on a PhD program in Islamic...
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Muhammad Ayub is the Author of a well known work on Islamic Finance Understanding Islamic Finance (2007). He is the Former Head of Islamic Banking, National Institute of Islamic Banking...
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Shaukat Amer is Assistant Professor of the Department of Management Sciences, COMSATS Institute of Information Technology, Attock Campus –Pakistan. He has spoken and written ...
Although the Islamic mode of banking is mandated and adopted by the Islamic Republics of Iran , Pakistan and Sudan, the supply of innovative Shari’a -compliant products has been primarily led by the private...
The universal nature of these principles is immediately apparent even at a cursory glance of Non Muslim literature . Usury was prohibited in both the Old and New Testaments of the Bible , while Shakespeare and...
Introduction
The Islamic banking today has become most popular and reliable financial system in the world. It appeared on the world scene as active player over three decades ago. But as many of us know most of...
Harsh words against the development of Shari’ah compliant financing has not faded despite the deeply ingrained flaws in the world’s dominant capitalist system which is coming apart at the seams like a cricket...
Gold and money
From time immemorial gold was money. Valuable goods were priced in terms of gold: this product is worth so many ounces of gold. But assessing the fineness of the metal and weighing it each time...