councils have been a component of civil society after the glorious victory of islamic revolution in iran. considering the emphases of the holy koran, the conduct of the innocent authorities in islam (the holy prophet's household), the necessity of the implementation of a non-concentrated system, and the existence of local organizations councils were formed. some principles of iran's c...

This paper reviews the progress of Islamic banking from both theoretical and practical aspects. It highlights the basic principles on which Islamic banking is based and describes the operational details of Islamic banks. It mentions some of the misgivings with respect to the viability of Islamic banking and evaluates them objectively. It highlights the effects of Islamic banking on savings, inv...

Four options for assigning a meaning to Islamic Logic are surveyed including a new proposal for an option named Real Islamic Logic (RIL). That approach to Islamic Logic should serve modern Islamic objectives in a way comparable to the functionality of Islamic Finance. The prospective role of RIL is analyzed from several perspectives: (i) parallel distributed systems design, (ii) reception by a ...

Islamic banking is currently one of the fastest growing segments of the financial market industry, operating in over 75 countries through 300 institutions. While past literature has established the development of financial institutions as a determinant of economic growth, research on the correlation of the diffusion of Islamic banking with economic growth is limited. This study seeks to add to ...

This article examines the unique risks associated with Islamic financial institutions and the secular state’s reticence to directly regulate their religious dimension. It argues that the state’s method of regulating the Islamic financial industry ignores special reputational risks associated with the religious and cultural distinctiveness of Islamic banks. The Financial Services Authority (FSA)...

The aim of this paper is to evaluate the nature and changes of market concentration in the Malaysia’s Islamic banking due to the restructuring of Islamic banking industry within the liberalization wave in the banking market. A total of 17 Islamic banks operating over the period of 2000-2010 had been considered. The structural approach framework was used to evaluate the nature and changes of mar...

1Department of Physiology, Qom Branch, Islamic Azad University, Qom, IR Iran 2Department Of Biology, Qom branch, Islamic Azad University, Qom, IR Iran 3Department of chemistry, Qom branch, Islamic Azad university, Qom, IR Iran *Corresponding author: Ramesh Ahmadi, Department of chemistry, Qom branch, Islamic Azad university of Qom, 15 Khordad St, Qom, IR Iran. Tel:+98-2537780001, Fax:+982137770...