Description
Title: Partnership and Profit-Sharing in Islamic Law
Publisher: The Islamic Foundation
Description:
Partnership and Profit-Sharing in Islamic Law derives from juristic sources of the four principal schools of Islamic Law, the principles which are to govern participatory finance and joint ventures. These principles provide the legal foundations on which banking and financial intermediation can be reorganized in a modern Islamic economy. The rights and duties of a financial intermediary, the application of mudarabah to industrial enterprise and the feasibility of time-bound mudarabah contracts are some of the issues relevant to contemporary practice of Islamic banking and finance dealt with in the light of fiqh.
Muhammad Nejatullah Siddiqui, winner of the King Faisal International Prize for Islamic Studies in 1982, works at the Centre for Research in Islamic Economics, King Abdulaziz University, Jeddah. Earlier he served at the Aligarh Muslim University, first in the department of Economics then as Professor of Islamic Studies.
Dr. Siddiqui has played a pioneering role in bringing Islamic economics to the Academia through his more than a dozen books and scores of articles written over the last four decades. Notable among these are Muslim Economic Thinking, Banking without Interest, Islam ka Nazariyah-e-Milkiyat, and Towards Regeneration.
ISBN: 860371433
(Hardcover)
Author(s): Muhammad Nejatullah SiddiquiPublisher: The Islamic Foundation
Description:
Partnership and Profit-Sharing in Islamic Law derives from juristic sources of the four principal schools of Islamic Law, the principles which are to govern participatory finance and joint ventures. These principles provide the legal foundations on which banking and financial intermediation can be reorganized in a modern Islamic economy. The rights and duties of a financial intermediary, the application of mudarabah to industrial enterprise and the feasibility of time-bound mudarabah contracts are some of the issues relevant to contemporary practice of Islamic banking and finance dealt with in the light of fiqh.
Muhammad Nejatullah Siddiqui, winner of the King Faisal International Prize for Islamic Studies in 1982, works at the Centre for Research in Islamic Economics, King Abdulaziz University, Jeddah. Earlier he served at the Aligarh Muslim University, first in the department of Economics then as Professor of Islamic Studies.
Dr. Siddiqui has played a pioneering role in bringing Islamic economics to the Academia through his more than a dozen books and scores of articles written over the last four decades. Notable among these are Muslim Economic Thinking, Banking without Interest, Islam ka Nazariyah-e-Milkiyat, and Towards Regeneration.
ISBN: 860371433
