Haram Wealth in Contemporary Muamalah

This book is the most comprehensive compilation of Indonesia's contemporary fiqh (Islamic Law) that regularly updated with any new business issues. This book is intended to give solutions to maaliyah problems.


Author: Dr. Erwandi Tarmizi, Lc, MA

Publisher: PT Erwandi Tarmizi Konsultan

ISBN: 9786021974209


Page: 603

View: 378

The original versions titled “Harta Haram Muamalat Kontemporer (HHMK)” by Dr. Erwandi Tarmizi, Lc MA has been printed for up to 15 times (March 2017) that produce over than 60.000 copies. Currently this book became a reference in many Islamic studies like radios and television talk show (Indonesia and Malaysia), academia, government, financial institutions and various business communities. This book is the most comprehensive compilation of Indonesia's contemporary fiqh (Islamic Law) that regularly updated with any new business issues. This book is intended to give solutions to maaliyah problems. It provides explanations about forbidden transaction (haram) which are commonly occurred in financial and nonfinancial institutions. Case related to home loan, leasing, pawn shops, credit card, L/C, cheque, stock, bond, short selling, buy on margin, murabahah, mudharabah, loan for pilgrimage purpose, bribery and corruption. Author explores more about forbidden marketing schema such as: MLM (multi level marketing), online trading, promotion, discount, advertisement, and selling the haram products with such as: gelatine, alcohol, formalin, etc. All Those maaliyah problems are resolved scientifically based on Al Qur'an and As Sunnah in this book. Statements (fatwa) from national and international Islamic fiqh council and opinions from scholars that are relevant to the problems are also exposed in order to allow the readers to make comparison. In addition, this book offers Islamic means to make an forbidden (haram) transaction to become permissible. Finally, through chapters in this book, author of this book encourages moslems to purify their wealth from haram transaction.⁠⁠⁠⁠

Modern Islamic Banking

Fiqh al muamalat Islamic commercial jurisprudence. ... Haram Prohibited. Hawala Transfer of money from one person to another. Recipient may levy administration charges, which should not be proportionate to the sum of money.


Author: Natalie Schoon

Publisher: John Wiley & Sons

ISBN: 9781119127208

Category: Business & Economics

Page: 200

View: 307

A complete, detailed guide to modern Islamic banking fundamentals Modern Islamic Bankingprovides a comprehensive, up-to-the-minute guide to the products, processes and legal doctrines underlying Islamic banking. Written by a pioneering practitioner in the field, this book provides thorough guidance and expert-level perspective on the principles and applications of this alternative-banking model. You'll begin by learning the fundamentals, vocabulary and key concepts of Islamic banking, then explore key products including istisna'a, murabaha, musharaka, ijara, sukuk, and salam. Coverage then moves into practical applications of Islamic products to a variety of contexts including asset management, treasury, risk management, venture capital, SME finance, micro-finance and taxation. Regulatory frameworks are discussed in detail, including extensive coverage of post-financial crisis Islamic bank valuation. Islamic banking has experienced rapid growth over the past decade, a trend that is set to continue given the sector's successful weathering of the financial crisis. This book brings you up to speed on this alternative way of banking, and shows you how it applies within your own current practices. Understand the principles of Islamic banking and finance Learn the products, vocabulary and key concepts of the field Consider the applications in a variety of financial contexts Explore the regulatory frameworks and valuation of Islamic banks Islamic banking practices differ from Western banking in fundamental ways — it's these differences that shielded the sector during the global crisis, but they also require practitioners to understand a whole new set of rules, products and practices. Modern Islamic Banking gives you a solid understanding of the fundamentals and expert insight into modern practical applications.

Islam and Society in Contemporary Indonesia

It is very clear that Sabili supports the intention of Majelis Ulama Indonesia ( MUI ) to announce a fatwa that banking interest is harām . 4 Therefore , they encourage Muslims to save their money in a shari'a bank which they perceive ...


Author: Dr. Yusuf Rahman


ISBN: UCBK:C105186945

Category: Indonesia

Page: 245

View: 311

Legal Regulatory and Governance Issues in Islamic Finance

Expenditure in pubs, liquor stores or betting shops, all of which supply products that are haram, can immediately be ... Current accounts are often referred to as demand deposits as clients expect to be able to withdraw their money at ...


Author: Rodney Wilson

Publisher: Edinburgh University Press

ISBN: 9780748655274

Category: Religion

Page: 256

View: 983

A detailed examination of Islamic banking laws and regulatory systems governing Islamic finance worldwide

Corporate Islam

Sharia and the Modern Workplace Patricia Sloane-White. or halal procedure. That is where constant input from sharia advisors – in the form of fatwas – became acutely necessary as they engaged in the often non-standard operation of ...


Author: Patricia Sloane-White

Publisher: Cambridge University Press

ISBN: 9781107184329

Category: Business & Economics

Page: 253

View: 146

This compelling account offers a unique insight into the modern Islamic corporation.

The SAGE Encyclopedia of Business Ethics and Society

To insulate against economic concerns that may not comply with Islamic financial jurisprudence (fiqh al-muamalat), ... As a result, contemporary interest-based lending practices are strictly forbidden (ḥarām) for Muslims and prohibited.


Author: Robert W. Kolb

Publisher: SAGE Publications

ISBN: 9781483381534

Category: Business & Economics

Page: 4072

View: 403

Thoroughly revised, updated, and expanded, The SAGE Encyclopedia of Business Ethics and Society, Second Edition explores current topics, such as mass social media, cookies, and cyber-attacks, as well as traditional issues including accounting, discrimination, environmental concerns, and management. The new edition also includes an in-depth examination of current and recent ethical affairs, such as the dangerous work environments of off-shore factories for Western retailers, the negligence resulting in the 2010 BP oil spill, the gender wage gap, the minimum wage debate and increasing income disparity, and the unparalleled level of debt in the U.S. and other countries with the challenges it presents to many societies and the considerable impact on the ethics of intergenerational wealth transfers. Key Features Include: Seven volumes, available in both electronic and print formats, contain more than 1,200 signed entries by significant figures in the field Cross-references and suggestions for further readings to guide students to in-depth resources Thematic Reader's Guide groups related entries by general topics Index allows for thorough browse-and-search capabilities in the electronic edition

Islamic Asset Management

5 6 The current list of haram businesses for investees maintained by the Shari'a board of a major international IFl includes ... The CIMB Muamalat Fund launched by CIMB / Navis Capital Partners in 2002 and closed in 2003 is an offshore ...


Author: Bayt al-Tamwīl al-Kūwaytī

Publisher: Euromoney Books

ISBN: 1843741210

Category: Asset-liability management

Page: 289

View: 125

A unique book, Islamic Asset Management combines the expertise of banks, asset managers, Shari'a scholars, service and distribution partners to provide you with the latest, creative innovative solutions in the provision of Shari'a-compliant investment structures. Whether you are advising retail, high net worth, corporate or sovereign investors, on equity investments, sukuk, real estate investments, takaful and alternative investment vehicles, this book provides a comprehensive, global examination of Islamic asset management issues with contributions from the UK, US, the Gulf and Malaysia. Through 19 individual chapters, experts in Islamic finance and practitioners across the industry provide you with all you need to know about: Shari'a-compliant investment guidelines Shari'a supervision Screening criteria for Islamic equity funds Islamic indexes Islamic equities Sukuk Private equity investment Investing in real estate and leasing funds Takaful and health insurance plans Legal and regulatory issues, investor confidence and governance Contributors include BUPA, DIFC, Dow Jones Indexes, Ernst & Young, ICP Ltd, King & Spalding LLP, NCB, National Bank of Sharjah, Oasis, Shamil Bank, Vinson & Elkins LLP, and Wafra. Published in association with Kuwait Finance House and National Commercial Bank.

Routledge Handbook of Corporate Law

Fiqh is divided into ibadah, regulating the practicalities of human worship of Allah and muamalat, ... and their application in the modern context. classified as halal, which in general is not prohibited (haram); 234 Routledge handbook ...


Author: Roman Tomasic

Publisher: Taylor & Francis

ISBN: 9781317662174

Category: Law

Page: 285

View: 803

The Routledge Handbook of Corporate Law provides an accessible overview of current research in the field, from an international and comparative perspective. In recent years there has been an explosion of corporate law research, as this area of law continues to develop rapidly throughout the world. Traditionally, Anglo–American corporate law theory has dominated debates and publications; however, this handbook readdresses the balance by exploring the treatment of corporate law in both Europe and Asia, as well developments in the US and UK. Bringing together a wide range of key thinkers in the field, this volume is divided into three main parts: Thinking about corporate law Corporate law principles and governance Some cross-cultural comparisons Providing up-to-date and authoritative articles covering all the key aspects of corporate law, this reference work is essential reading for advanced students, scholars and practitioners in the field.

Introduction to Islamic Banking and Finance

Daud, 28 Bank Muamalat, 148 bin Eid, Sheikh Dr. Muhammad Al-Ali Al Qari, 29 Council of Jurists (Ulema and Fuqaha), 13 counter value, 35, 60, 75, 87, 99, 112, 123 current accounts, 66, 243 Dhaman (guarantee), 134, 152 Dayn (debt), ...


Author: Brian Kettell

Publisher: John Wiley & Sons

ISBN: 9780470978047

Category: Business & Economics

Page: 174

View: 549

Guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking.