By Umar F. Moghul
This ebook explores how, via spirituality and the advance of personality, Islamic monetary associations and Muslim groups can combine their companies with modern social accountability projects to provide confident social and environmental influence. From the looming environmental main issue to the divide among mainstream and extremist interpretations of Islam, the publication addresses major questions dealing with Muslim groups – and humanity – and demonstrates why Islam may still take a seat ‘at the desk’ with different faiths and moral traditions discussing humanity’s nice hindrances. in contrast to current literature, this paintings explores the intersections among classical Islamic ethics and spirituality, modern Islamic finance and financial markets, and choose sustainability and impression projects (such because the Equator rules and UN rules of in charge funding) designed to make the worlds of commercial and finance liable for the environments during which they function and the groups that aid them. Drawing on his years of expertise in Islamic banking, Moghul addresses those purposes in mild of real-world practices and dilemmas, demonstrating how Islamic organisations and Muslim groups should still include the huge variety of stakeholders countenanced via the Shari’ah in conversations that impact them. by means of situating his exploration of Islamic finance within the gentle of the a lot greater severe problems with stability, justice, and moderation in Islamic praxis, Moghul creates an interdisciplinary ebook that might attract lecturers and researchers in economics, finance, company, govt and coverage, and law.
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Extra resources for A Socially Responsible Islamic Finance: Character and the Common Good
Pdf. Abdullah Sirajuddin Al-Husayni, Sending Prayers Upon the Prophet Its Rulings, Virtues and Benefits, trans. Abdul Aziz Suraqah (Rotterdam: Sunni Publications, 2015), 185. 17. J. Brill, 1996), 121. ISLAMIC SPIRITUALITY: AN IMPETUS TO RESPONSIBILITY AND IMPACT 29 18. Ali defines fiqh “the understanding of the speaker’s intention”. Mohamed Mohamed Yunis Ali, Medieval Islamic Pragmatics: Sunni Legal Theorists’ Models of Textual Communication (Routledge 2000), 1–2. 19. Mohammad Fadel, “The Social Logic of Taqlı̄d and the Rise of the Mukhtaṣar”, Islamic Law & Society 3:2 (1996): 193; Abdul- Rahman Mustafa, On Taqlı̄d: Ibn al Qayyim’s Critique of Authority in Islamic Law (Oxford University Press, 2013).
Islam, “Mal,” 365. 215. Islam, “Mal,” 365. 216. Ibn ‘Ashur, Maqasid, 279. Palm trees are noted in a well-known hadith in which Abu Talhah informs the Messenger MuhammadP of his intent to donate Bayruha, a large palm tree grove. See Malik b. Anas, al-Muwatta, Book 58, Hadith 1845. CHAPTER 2 Congruence and Convergence: Contemporary Islamic Finance and Social Responsibility Introduction Across the world, there is widespread belief that businesses, organizations, and individuals must conduct themselves responsibly and sustainably.
1, Book 2, No. 48. Abu Hamid al-Ghazali, The Ninety-Nine Names, trans. David Burrell and Nazih Daher (Cambridge: Islamic Texts Society, 1992), 68–72, 61–62, 96–98, 100–101, 52–57, 118–119. 24. al-Ghazali, Names, 80–81, 92–96, 116–118. 25. pdf. 26. Burge, Angels in Islam: Jalal al-Din al-Suyuti’s al-Haba’ik fi Akhbar al-Mala’ik (Routledge, 2011). 27. Qur’an 62:8. 28. Al-Ghazali, Remembrance, 194. 29. Al-Ghazali, Remembrance, 173–251. 30. Qur’an 13:26. 31. Ibn ‘Ata’illah, Wisdoms, 196. 32. Al-Bukhari, Sahih al-Bukhari, Vol.
A Socially Responsible Islamic Finance: Character and the Common Good by Umar F. Moghul