This paper investigates the question of whether the phenomenon of Islamic finance who based on Shariah, or Islamic law is truly globalizing and spreading as a universal system of finance and banking. The paper also addresses various aspects of the globalization for Islamic finance, among other, the issue of the rise of Islamic banking in the world, Islamic jurisprudence and finance, global stan...

Islamic financial jurisprudence has always had the stated aim of enhancing human welfare, and therefore prohibitions must be seen through the lens of welfare-enhancing regulation of financial practices. In today’s age of financial engineering, utilizing many of the legal and financial advances of the past two decades, it is quite easy to synthesize the contracts that classical and contemporary ...

Financing requirements take different forms. They can be met by making funds available or signature in the form of a current account advance loan repayable instalments. In terms financing available, participative banks offer Murabahah credit as an alternative to traditional fixed-term defined article 3 law 103-12. For individuals, this contract is used finance purchase consumer goods and proper...

Mudharabah contracts are one of the most common Islamic finance partnerships. The mudharabah contract is currently widely used in financial institutions. However, Indonesian society, especially context local economic traditions and practices, it may not be as implemented formal This paper uses a type normative research. also applies library research method that examines literature, which analyz...

This study explains the history, current problems, and future possibilities of Islamic insurance (takaful) in Bangladesh. To articulate these issues, the researcher has adopted the qualitative method, and data has been collected through secondary sources i.e. articles, books, and online resources. The study reveals that Islamic insurance in Bangladesh is regulated by the Insurance Act 2010 whic...

There is a growing interest in the private laws of Gulf states, and particularly Qatar, because applicability such transnational local contracts that account for significant volume global trade, energy construction. Islamic law has negligible, if any, impact on relating to termination contracts, including hardship force majeure. Termination Qatar chiefly regulated by Qatari Civil Code other spe...

Information for patients prior to medical intervention is one of the principles of modern medical practice. In this study, we looked at an earlier practice of this principle. Ottoman judges had record books called sicil. One of the categories in sicils was the consent documents called riza senedi, which was a patient-physician contract approved by the courts. These contracts were especially for...

nowadays, belief in the criteria and conditions of interactions with an organization to promote customer relationships is somehow tied to the organizational performance, and its final goal is of great importance. in the literature on organizational behavior, this belief is defined as the “psychological contract”. the intention of this mixed research is to identify and discover the contents of p...