Understanding Islamic Finance - Doha Academy of Tertiary Studies

ContentsList of Boxes and FiguresForewordPrefaceAcknowledgementsxviixixxxixxvPART I FUNDAMENTALS 11 Introduction 31.1 Economic Scenario in the Neoclassical Framework 31.2 Conventional Debt: A Recipe for Exploitation 41.3 Growth per se May not Lead to Socio-economic Justice 61.4 Social Welfare Activities of the States 81.5 The Main Culprit 81.6 The Need of the Hour 91.7 Economics and Religion 101.8 Islamic Principles Can Make the Difference 111.9 Regulating Trade and Business 131.10 Islamic Finance Passing Significant Milestones 151.11 Could it Work to Achieve the Objectives? 161.12 About this Book 172 Distinguishing Features of the Islamic Economic System 212.1 Introduction 212.2 Islamic Sharī´ah and its Objectives 212.2.1 Sources of Sharī´ah Tenets 212.2.2 Objectives (Maqāsid) of Sharī´ah 222.3 Why Study Islamic Economics? 252.3.1 The Role of Islamic Economists 272.4 Islamic Economics: What should it be? 302.4.1 Islamic Economics Defined 312.5 Paraphernalia of Islamic Economics 322.5.1 Ownership of Resources and Property Rights 332.5.2 Islamic Welfare Approach 34