UNDERSTANDING ISLAMIC FINANCE MUHAMMAD AYUB PDF

We rate each piece of content on a scale of 1—10 with regard to these two core criteria. Our rating helps you sort the titles on your reading list from adequate 5 to brilliant For instance, it may be offer decent advice in some areas but be repetitive or unremarkable in others. Often an instant classic and must-read for everyone. While the rating tells you how good a book is according to our two core criteria, it says nothing about its particular defining features. Innovative — You can expect some truly fresh ideas and insights on brand-new products or trends.

Author:Kagakora Faer
Country:Comoros
Language:English (Spanish)
Genre:History
Published (Last):26 January 2017
Pages:244
PDF File Size:2.76 Mb
ePub File Size:15.50 Mb
ISBN:640-4-61130-883-2
Downloads:74089
Price:Free* [*Free Regsitration Required]
Uploader:Nikoshicage



We rate each piece of content on a scale of 1—10 with regard to these two core criteria. Our rating helps you sort the titles on your reading list from adequate 5 to brilliant For instance, it may be offer decent advice in some areas but be repetitive or unremarkable in others. Often an instant classic and must-read for everyone. While the rating tells you how good a book is according to our two core criteria, it says nothing about its particular defining features.

Innovative — You can expect some truly fresh ideas and insights on brand-new products or trends. We look at every kind of content that may matter to our audience: books, but also articles, reports, videos and podcasts. What we say here about books applies to all formats we cover. Qualities Innovative Recommendation Muhammad Ayub provides a thorough report on the major economic and political ramifications of Islamic finance, now practiced in more than 75 countries.

This system follows specific, religion-grounded financial policies. For instance, it accommodates Riba, the Islamic prohibition of certain kinds of gains, including interest. Ayub makes it clear that Islamic finance, backed by billions in petrodollars, could come to compete with Western capitalist practices, which he roundly criticizes. His book is simultaneously academic, religious, legal, political and economic as well as being rhetorical at times, with some challenging long and winding sentences.

He also states some apparently opinion-based observations as facts, often with no references, but he knows his subject area and he sounds authoritative throughout, though you may differ with his political viewpoint. He is an Islamic Finance master trainer. Summary Problems with Classical Capitalism In the s, the failure of capitalism created vast areas of poverty around the world.

As a result, the capitalist system could collapse at any time. Fiscal inequity — stemming primarily from an interest-based financial system — has created social inequality, widespread unethical practices and abuse of the lower classes. Charging interest on loans creates large debts, thus making one class of people subservient to another.

This interest-based approach distorts payment systems and curtails economic growth. When large loads of debt burden a country, it can increase taxes and raise the rates it charges for public utilities and consumer goods, without providing any new services in return. This slows economic growth and creates a widening wealth gap among its own citizens. Yet modern experience shows that in capitalist Instant access to over 20, book summaries Email:.

IDEOLOJI VE DEVLETIN IDEOLOJIK AYGTLAR PDF

Maisir Explained

Small FAQ about download Book files are stored on servers owned by you? We do not store files, because it is prohibited. Our site uses the API of third-party sites that store files. That is, we are doing the same thing as Google, only within the framework of one subject. Third-party sites are multimedia services that allow you to read and download e-books.

GERMANIC HEATHENRY A PRACTICAL GUIDE PDF

Understanding Islamic Finance (The Wiley Finance Series)

.

Related Articles