interest free banking law at 1363 was implemented in the banking system in iran. one of the main goals of this law was eliminating usury from monetary system, and utilization from non-usury credit impact on economic growth through preferring money contribution in the capital. this paper uses data from years 1363 to 1386 and implementing herfindahl-hirschman index, evaluated and ranked concentra...

islamic banking, as a major center for financial transactions in islamic societies,plays a key role in the development of islamic economics. the fundamental essenceof islamic banking system is based on the fact that although, islam has forbidden theinterest in transactions, but trade and profit is encouraged and supported. the actualimplementation of the islamic banking system due to its unique...

This paper aims to examine e-business from Islamic perspectives. Among topics to be addressed in this paper, are e-business concepts, the legality of e-business from an Islamic point of view, prospects and challenges of Islamic e-business in a Malaysia context. This study introduces an Islamic e-business concept in addition to some interesting issues that can be found in this paper. In Islam, e...

Under this title I organized, on March 26 and 29, 2010, a workshop that discussed the place of Islamic law in the national codes of states with predominantly Muslim populations in the Middle East and Southeast Asia. What place do their codes assign to Islamic law? As none of the states concerned—with the exception of Turkey—declares itself to be a secular state, they can all claim that the law ...

This article starts with a critical review of the current literature on the Islamic radicalization and Uighur insurgency in Xinjiang, pointing out that existing literature focuses too narrowly on certain aspects of the Uighur insurgency, and is insufficient to explain the causal mechanism of the insurgency and Islamic radicalization. Built upon historical evidence, this article uses sociologica...

This paper highlights the contemporary issues related to credit risk in Islamic banking and Takaful (insurance). These two areas of the Islamic finance are facing several challenges that need to be highlighted. Both are witnessing a global and regional increase in demand and have bright future. In order to secure proper growth, it is essential to adopt proper strategies regarding credit risk ma...

This book investigates the central role of reason in Islamic intellectual life. Despite widespread characterization of Islam as a system of belief based only on revelation, JohnWalbridge argues that rational methods, not fundamentalism, have characterized Islamic law, philosophy, theology, and education since the medieval period. His research demonstrates that this medieval Islamic rational tra...

This study examines the value analysis in Islamic and conventional banking services in Pakistan. Many scholars have focused on co-creation of values in services but mainly economic values not non-economic. As Islamic banking is based on Islamic principles that are more concerned with non-economic values (well-being, partnership, fairness, trust worthy, and justice) than economic values as money...

Islamic banking is one the most blossoming doctrine in economic system of the world. The Fast growing awareness about Islamic financial system has brought strong feeling to Muslims to confront the western interest-based economic cycle. The Islamic economic system is emerging as a reliable alternative to the interest based system. This study is proposed to ascertain the motivational factors enco...

The Prophet's performance in the economic interactions of the prophetic government includes principles and axes that, in addition to explaining the Islamic religion's view of the worldly affairs, also represent the desirable structure of the economic system in modern Islamic civilization. He, as the position of the Islamic government ruler, has managed the economic affairs of the government and...