Maqasid Foundations of Market Economics (BOK)

Seif Ibrahim Tag El-Din

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This title explains the exchange economics behind the Shari'ah compliance conditions of Islamic finance. Drawing on received sources of maqasid (Shari'ah's practical objectives), this book demonstrates how the principles of market economics affect how markets and financial institutions actually operate under Shari'ah law. It shows where Islamic economics converges with and differs from conventional economics through the banning of usury and other Shari'ah-prohibited trade practices. It departs from the common conceptual grounds of market behaviour shared by the maqasid approach and the conventional approach to economics. It clearly explains the maqasid economic rationale of precluding interest rates on money capital from legitimate economic exchange. Students can check their progress with learning outcomes, chapter previews, chapter summaries and revision questions.


Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2013 Forfatter Seif Ibrahim Tag El-Din
ISBN 9780748670024
Antall sider 248 Dimensjoner 13,8cm x 21,6cm x 2cm
Vekt 431 gram Leverandør Bertram Trading Ltd
Emner og form Finance, Islamic studies