Can Islamic crowdfunding support Indonesian Islamic Economic Masterplan?

The Egalitarian Face of Islamic Orthodoxy: Support for Islamic Law and Economic Justice in Seven Muslim-Majority Nations

circumstances and development of Muslim nations has been the subject of intense debate among Muslims and non-Muslims alike. Western critics of Islam or “Islamic civilization,” such as Bernard Lewis (1990) and Samuel Huntington (1993), have decried its economic irrationality, incompatibility with democracy, and failure to separate religion and state; while scholars such as Edward Said (2001:11) ...

Emerging Islamic Capital Markets - a Quickening pace and New Potential Islamic Finance Basics of Islamic Economic and Financial Systems Emerging Islamic Capital Markets

Describing the Islamic financial system simply as 'interest-free' does not do justice to the system. Promotion of entrepreneurship, preservation of property rights, transparency and the sanctity of contractual obligations, which are crucial to any sound financial system, describe its essence. Today, Islamic financial and banking activities have reached an impressive size of over US$250bn, as co...

Islamic Law, Institutions and Economic Development in the Islamic Middle East

Timur Kuran has spent much of the last decade investigating the economic and institutional development of the Middle East. The Long Divergence: How Islamic Law Held Back the Middle East brings the results of this research together to provide an explanation for the decline in the region’s economic fortunes. Although generations of scholars have sought to understand the Middle East’s economic dec...

Islamic Shari'a Concepts governing Islamic Banking finance

Introduction It is submitted that accepting Islamic Banking within the western regulatory framework has encountered many impediments. A conventional bank is an institution that holds a banking license issued by banks' regulatory authorities which authorizes the chartered institution to conduct fundamental banking services such as receiving deposits, making loans, providing and saving account se...

International Journal of Excellence in Islamic Banking and Finance Islamic Banking Service Quality and Withdrawal Risk: The Indonesian Experience