000 02844nam a22004698i 4500
001 BRILL9789004479913
003 nllekb
005 20260610104911.0
007 cr un uuuua
008 200716s2001 ne sb 001 0 eng d
010 _z 2002279115
020 _a9789004479913
_q(electronic book)
020 _a9789041116192
_q(print)
024 7 _a10.1163/9789004479913
_2DOI
035 _z(OCoLC)49495202
040 _aNL-LeKB
_cNL-LeKB
_erda
050 4 _aHG187.4
072 7 _aLAFS
_2bicssc
072 7 _aREL
_x037020
_2bisacsh
072 7 _aLAW
_x000000
_2bisacsh
082 0 4 _a332
_223
100 1 _aUsmani, Mufti Muhammad Taqi
_eauthor.
245 1 3 _aAn Introduction to Islamic Finance /
_cMufti Muhammad Taqi Usmani.
264 1 _aLeiden;
_aBoston :
_bBRILL,
_c2001.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_2rdacarrier
490 1 _aBrill Book Archive Part 1, ISBN: 9789004472495
490 1 _aArab and Islamic Laws Series ;
_v20
504 _aIncludes bibliographical references and index.
520 _aAlthough 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 invaluable 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 masterfully with practical problems as they arise in the course of his presentation, and offers possible solutions in each instance.
588 _aDescription based on print version record.
650 0 _aFinance
_xReligious aspects
_xIslam.
650 0 _aFinance
_zIslamic countries.
650 0 _aFinancial institutions
_zIslamic countries.
776 0 8 _iPrint version:
_tAn Introduction to Islamic Finance.
_dLeiden ; Boston : BRILL, 2001
_z9789041116192
830 0 _aBrill Book Archive Part 1, ISBN: 9789004472495.
830 0 _aArab and Islamic Laws Series ;
_v20.
856 4 _zDOI:
_uhttp://dx.doi.org/10.1163/9789004479913
999 _c17118
_d17118