Thursday, July 16, 2009
Tuesday, July 14, 2009
Islamic economic system only way out, says expert
By Faisal Aboobacker Ponnani
Dammam – The recent global economic crisis was not caused just by sub-prime loans and credit derivative swaps but the more fundamental drawback of the system was behind the meltdown.
C.H. Abdul Raheem, a senior chartered accountant, prominent scholar in Islamic Economics and general manger Finance and Business Planning with Tasnee Company- Jubail, expressed these views at a lecture on “Global Economic Crisis- an Alternate View”.
The event was recently organized by Thanima- a socio-cultural organization of Indian expatriates in the Kingdom here at a local restaurant.
Raheem, is also the founder of Alternative Investment Credit Limited (AICL) a non – banking financial institution, which is run by Islamic banking concepts, implemented in Kerala state in year 2001 with the approval of the Reserve Bank of India.
“Any economic system has to take care of different behavioral aspects of human beings, and moral part is very important, and systems based on material gains alone will not work in the long run,” Raheem said.
The economist said that Islamic economic system, which advocated a balanced combination of individual freedom and social responsibility backed by a strong moral base, was the only viable alternative.
“Islam has structural and compulsory wealth re-distribution mechanism such as Sadaqa, Zakat, Will, Waqf, law of inheritance etc. There were period in human history when these principles were successfully practiced and prominent economist lived in those time and wrote valuable books on Islamic economics and practice”, he said.
Raheem said that the two important symbol and icons of capitalist system – the interest-based banking and the speculative stock exchange system - had miserably failed.
“Capitalism, especially interest-based economy, has brought in huge disparities between the rich and the poor. The capitalist system is practically dead as the western governments has nationalized most of the banks and other industrial corporations, which is a big anti-thesis of capitalism,” he said, adding that implementing a non-interest banking and investment system, which is divine and an ethical procedure is the only practical solution to solve to cover up the present situation.
During the function he answered various questions asked by the audience. Earlier, the chief organizer of Thanima’s Dammam chapter, C.P. Musthafa welcomed the audience and K.M. Rasheed presented the vote of thanks.
Source:
Saudi Gazette
Dammam – The recent global economic crisis was not caused just by sub-prime loans and credit derivative swaps but the more fundamental drawback of the system was behind the meltdown.
C.H. Abdul Raheem, a senior chartered accountant, prominent scholar in Islamic Economics and general manger Finance and Business Planning with Tasnee Company- Jubail, expressed these views at a lecture on “Global Economic Crisis- an Alternate View”.
The event was recently organized by Thanima- a socio-cultural organization of Indian expatriates in the Kingdom here at a local restaurant.
Raheem, is also the founder of Alternative Investment Credit Limited (AICL) a non – banking financial institution, which is run by Islamic banking concepts, implemented in Kerala state in year 2001 with the approval of the Reserve Bank of India.
“Any economic system has to take care of different behavioral aspects of human beings, and moral part is very important, and systems based on material gains alone will not work in the long run,” Raheem said.
The economist said that Islamic economic system, which advocated a balanced combination of individual freedom and social responsibility backed by a strong moral base, was the only viable alternative.
“Islam has structural and compulsory wealth re-distribution mechanism such as Sadaqa, Zakat, Will, Waqf, law of inheritance etc. There were period in human history when these principles were successfully practiced and prominent economist lived in those time and wrote valuable books on Islamic economics and practice”, he said.
Raheem said that the two important symbol and icons of capitalist system – the interest-based banking and the speculative stock exchange system - had miserably failed.
“Capitalism, especially interest-based economy, has brought in huge disparities between the rich and the poor. The capitalist system is practically dead as the western governments has nationalized most of the banks and other industrial corporations, which is a big anti-thesis of capitalism,” he said, adding that implementing a non-interest banking and investment system, which is divine and an ethical procedure is the only practical solution to solve to cover up the present situation.
During the function he answered various questions asked by the audience. Earlier, the chief organizer of Thanima’s Dammam chapter, C.P. Musthafa welcomed the audience and K.M. Rasheed presented the vote of thanks.
Source:
Saudi Gazette
Monday, July 13, 2009
Islamic Economy In English Language
One of the great economists who had many studies about Islamic Economics : Dr. Mohammad Nejatullah Siddiqi & here it is a link for most of his work about Islamic Economics:
http://www.siddiqi.com/mns/index.html
A very good analysis about the relation between the financial crisis & Islamic finance
http://i-sie.org/download/World%20Financial%20Crisis-_Dr%20%20Fahim_ISIE.pdf
Islamic finance moves into mainstream as investors seek ethical alternatives
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4761133.ece
Shariah to stay?
http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20080325/811d49ca-fa5b-11dc-aa6c-0015171400aa/Shariah-to-stay.jsp
Islamic bank launches Sharia'a mortgage in Scottish expansion
http://business.scotsman.com/bankinginsurance/Islamic-bank-launches--Sharia39a.5138209.jp
The Regulatory Framework of Islamic banking in Saudi Arabia
http://www.sea.org.sa/paper/16/13.pdf
Islamic Banks Unaffected by Global Financial Crisis
http://www.asharq-e.com/news.asp?section=6&id=14245
Islamic banks 'better in crisis'
http://news.bbc.co.uk/2/hi/asia-pacific/7918129.stm
Originally Posted by:
Salwa Saied
http://www.siddiqi.com/mns
A very good analysis about the relation between the financial crisis & Islamic finance
http://i-sie.org/download/
Islamic finance moves into mainstream as investors seek ethical alternatives
http://business.timesonlin
Shariah to stay?
http://www.investorschroni
Islamic bank launches Sharia'a mortgage in Scottish expansion
http://business.scotsman.c
The Regulatory Framework of Islamic banking in Saudi Arabia
http://www.sea.org.sa/pape
Islamic Banks Unaffected by Global Financial Crisis
http://www.asharq-e.com/ne
Islamic banks 'better in crisis'
http://news.bbc.co.uk/2/hi
Originally Posted by:
Salwa Saied
Sunday, July 12, 2009
كتب اقتصادية / الاقتصاد الإسلامي
كتب اقتصادية / الاقتصاد الإسلامي
دليل الفتاوي الشرعيه في الاعمال المصرفيهاهم ما صدر من فتاوي عن الربا و الفوائد و المضاربات و المشاركات و المرابحات مركز الاقتصاد الاسلامي
http://www.dahsha.com/viewarticle.php?id=20672
الاقتصاد الاسلامي : مدخل و منهاج عيسي عبده
http://www.dahsha.com/viewarticle.php?id=19602
الإسلام والأوضاع الاقتصادية - محمد الغزالي
http://www.dahsha.com/viewarticle.php?id=7792
النظام الاقتصادي في الإسلام - د/ مسفر بن علي القحطاني
http://www.al36a2.ae/file/economy/book/book-islamic-economy-system.zip
موجز مبسط عن النظام المالي الإسلامي الذي جاء به محمد عليه الصلاة والسلام - م/ عبد الله بن علي صغير
http://www.al36a2.ae/file/economy/book/book-1-2.zip
ضوابط الاقتصاد الإسلامي في معالجة الأزمة المالية العالمية - د/ سامر مظهر قنطقجي
http://www.kantakji.com/fiqh/Files/Economics/52000.pdf
دور الباحث في الاقتصاد الإسلامي بين علم الفقه وعلم الاقتصاد - أحمد محمد محمود نصار
http://www.kantakji.com/fiqh/Files/Economics/31310.zip
رسالة الاقتصاد الإسلامي للإمام النورسي- د. عبد الستار الهيتي
http://www.kantakji.com/fiqh/Files/Economics/E11.pdf
دور الدولة في الاقتصاد الإسلامي
http://www.kantakji.com/fiqh/Files/Economics/StateRole.doc
الاقتصاد الإسلامي علم أم نظام - د. رفيق يونس المصري
http://www.kantakji.com/fiqh/Files/Economics/004.doc
تحقيق إسلامية علم الاقتصاد - د. محمد أنس الزرقاء
http://www.kantakji.com/fiqh/Files/Economics/02-Al-Zarqaa_01.pdf
http://www.kantakji.com/fiqh/Files/Economics/265.doc
في الاقتصاد الإسلامي - د. رفعت السيد العوضي
http://www.kantakji.com/fiqh/Files/Economics/314.rar
http://www.kantakji.com/fiqh/Files/Economics/3101.pdf
دراسات حديثة عن الاقتصاد في حياة النبي صلى الله عليه و آله و سلم- د. عبد الحليم عويس
http://www.al36a2.ae/file/economy/book/book-1-12.pdf
التسعير في الفقه الإسلامي - د. عبد الحليم عويس
http://www.al36a2.ae/file/economy/book/book-1-13.rar
دور الزكاة في علاج الركود الاقتصادي - مجدي عبد الفتاح سليمان
http://www.al36a2.ae/file/economy/book/book-1-14.doc
ضوابط الاقتصاد الإسلامي في معالجة الأزمات المالية العالمية
http://www.4shared.com/file/69346451/590b299c/_______.html
يوسف القرضاوى..دور القيم و الاخلاق في الاقتصاد الاسلامي
http://www.4shared.com/file/55659070/67d21696/_______.html
ضوابط الاقتصاد الإسلامي في معالجة الأزمات المالية العالمية
http://www.4shared.com/file/69346451/590b299c/_______.html
بحوث في الاقتصاد الاسلامي
http://www.4shared.com/file/34110048/b7b116a6/___.html
معجم إقتصادي إسلامي
http://www.4shared.com/file/59161351/7814f228/___online.html?start =
A very good analysis about the relation between the financial crisis & Islamic finance
http://i-sie.org/download/World%20Financial%20Crisis-_Dr%20%20Fahim_ISIE.pdf
Posted by: Salwa Saied البرنامج الاقتصادى الإسلامي فى معالجة مشاكل مصر الاقتصادية - د. حسين حسين شحاتة ما هو الاقتصاد الإسلامي - د. محمد عمر شابرا
http://www.dahsha.com/view
الاقتصاد الاسلامي : مدخل و منهاج عيسي عبده
http://www.dahsha.com/view
الإسلام والأوضاع الاقتصادية - محمد الغزالي
http://www.dahsha.com/view
النظام الاقتصادي في الإسلام - د/ مسفر بن علي القحطاني
http://www.al36a2.ae/file/
موجز مبسط عن النظام المالي الإسلامي الذي جاء به محمد عليه الصلاة والسلام - م/ عبد الله بن علي صغير
http://www.al36a2.ae/file/
ضوابط الاقتصاد الإسلامي في معالجة الأزمة المالية العالمية - د/ سامر مظهر قنطقجي
http://www.kantakji.com/fi
دور الباحث في الاقتصاد الإسلامي بين علم الفقه وعلم الاقتصاد - أحمد محمد محمود نصار
http://www.kantakji.com/fi
رسالة الاقتصاد الإسلامي للإمام النورسي- د. عبد الستار الهيتي
http://www.kantakji.com/fi
دور الدولة في الاقتصاد الإسلامي
http://www.kantakji.com/fi
الاقتصاد الإسلامي علم أم نظام - د. رفيق يونس المصري
http://www.kantakji.com/fi
تحقيق إسلامية علم الاقتصاد - د. محمد أنس الزرقاء
http://www.kantakji.com/fi
http://www.kantakji.com/fi
في الاقتصاد الإسلامي - د. رفعت السيد العوضي
http://www.kantakji.com/fi
http://www.kantakji.com/fi
دراسات حديثة عن الاقتصاد في حياة النبي صلى الله عليه و آله و سلم- د. عبد الحليم عويس
http://www.al36a2.ae/file/
التسعير في الفقه الإسلامي - د. عبد الحليم عويس
http://www.al36a2.ae/file/
دور الزكاة في علاج الركود الاقتصادي - مجدي عبد الفتاح سليمان
http://www.al36a2.ae/file/
ضوابط الاقتصاد الإسلامي في معالجة الأزمات المالية العالمية
http://www.4shared.com/fil
يوسف القرضاوى..دور القيم و الاخلاق في الاقتصاد الاسلامي
http://www.4shared.com/fil
ضوابط الاقتصاد الإسلامي في معالجة الأزمات المالية العالمية
http://www.4shared.com/fil
بحوث في الاقتصاد الاسلامي
http://www.4shared.com/fil
معجم إقتصادي إسلامي
http://www.4shared.com/fil
A very good analysis about the relation between the financial crisis & Islamic finance
http://i-sie.org/download/
Posted by: Salwa Saied البرنامج الاقتصادى الإسلامي فى معالجة مشاكل مصر الاقتصادية - د. حسين حسين شحاتة ما هو الاقتصاد الإسلامي - د. محمد عمر شابرا
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