ePrivacy and GPDR Cookie Consent by Cookie Consent

What to read after An Introduction to Islamic Finance?

Hello there! I go by the name Robo Ratel, your very own AI librarian, and I'm excited to assist you in discovering your next fantastic read after "An Introduction to Islamic Finance" by Muhammad Taqi Uusmani! 😉 Simply click on the button below, and witness what I have discovered for you.

Exciting news! I've found some fantastic books for you! 📚✨ Check below to see your tailored recommendations. Happy reading! 📖😊

An Introduction to Islamic Finance

Muhammad Taqi Uusmani , Muḥammad Taqī ʻUs̲mānī

Law / General

Although the principles of Shari'ah require banks and financial institutions to be structured on an interest-free basis, this does not mean that such institutions are charitable concerns. As long as a person advancing money expects to share in the profits earned (or losses incurred) by the other party, a stipulated proportion of profit is legitimate. The philosophy is enshrined in the traditional Islamic concepts of musharakah and mudarabah, along with their specialized modern variants murabahah, ijarah, salam, and istisna'. This guide to Islamic finance clearly delineates the all-important distinctions between Islamic practices and conventional procedures based on interest. Justice Usmani of Pakistan, who chairs several Shari'ah supervisory boards for Islamic banks, clearly explains the various modes of financing used by Islamic banks and non-banking financial institutions, emphasizing the necessary requirements for their acceptability from the Shari'ah standpoint and the correct method for their application. He deals with practical problems as they arise in the course of his presentation, and offers possible solutions in each instance.
Investors and others doing business (or intending to do so) in Islamic countries have in this book a practical guide to a crucial factor in the success of their endeavours.
Do you want to read this book? 😳
Buy it now!

Are you curious to discover the likelihood of your enjoyment of "An Introduction to Islamic Finance" by Muhammad Taqi Uusmani? Allow me to assist you! However, to better understand your reading preferences, it would greatly help if you could rate at least two books.