A large literature contends that legal systems that adapt efficiently to meet the contracting needs of the economy foster financial sector development. The paper discusses the adaptability features of Islamic law related to commercial transactions (Islamic commercial law) in light of contemporary financial system. After discussing the nature and way the common and civil law traditions can evolv...

The Emergence of `Islamic Education Movement` is a response to the `secularization of education` faced by the ummah (muslim people) all over the world; in the sense that the `traditional Islamic Sciences` which are rooted in Islamic sources i.e. al-Qur’an (the Holy Book) and as-Sunnah (Tradition of the prophet) have been marginalized. Subsequently, Muslim scholars have made serious endeavors to...

Islamic finance has gripped the world with a strong fervor and passion. Interest in this discipline has proliferated to almost 60 countries, going beyond the Islamic world to the leading global financial centers. For quite sometime, United Kingdom has adopted an open door policy and provided a level playing field to Islamic finance and now Singapore is following its lead. Every day, Islamic fin...

There is a serious lack of empirical studies on Islamic banking. This paper attempts to fill that gap to some extent. Using data for the 1990-98 period, several hypotheses and common perceptions about the practice of Islamic banking have been tested. The performance of Islamic banks has been evaluated using both trend and ratio analyses. For this purpose, some objective “benchmarks” for various...

Islamic art is unique because its form and function permeate both distance and time. Since the birth of Islam, Muslim artists around the world have created pieces of art that share an uncanny resemblance to pieces created by other Muslim artists through common themes, appearances, and applications. These similarities include calligraphic elements, exaggerated depictions of plants and animals, a...

This study investigates the banking behavior of Islamic bank customers in Bangladesh. By collecting data from a sample of 100 customers of Islamic banks, researchers conducted a comprehensive profile analysis, a number of chi-square tests, and t tests and found a number of key findings as to the behavior of Islamic bank customers in Bangladesh. First, most of the customers of Islamic banks fall...

A. R. Bozorgmanesh a , M. Otadi b, A. A. Safe Kordi c, F. Zabihi d, M. Barkhordari Ahmadi e (a) Department of Chemical Engineering, Science and Research Branch, Islamic Azad University, Tehran, Iran (b) Department of Chemical Engineering, Central Branch, Islamic Azad University, Tehran, Iran (c) Department of Chemical Engineering, Sharif University of Technology, Tehran, Iran (d) Department of ...

in this article, regarding threefold nature of iranian culture (iranian, islamic, western) and using descriptive- analytic method, it is investigated about ideas of  shariati, soroush amd rajai on iranian culture to use in fusional approach. shariati emphasized on recognizing awareness of islam with passion and action, the efficiency conscious from west instead of blind imitation, knowing tradi...

this paper discusses the number of scholars and their scientific interests in the reign of bu-veyhid. buveyhid the most important iranian-shi ‘it dynasties appeared in the early era of islam. they were so powerful that the abbasid caliphs had to obey them. according to their shi ‘it religion, they practiced the idea of democracy and all sects were free in their reign. according to the survey mo...