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Maqasid Foundations of Market Economics (Edinburgh Guides to Islamic Finance)
Seif Ibrahim Tag El-Din
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Description for Maqasid Foundations of Market Economics (Edinburgh Guides to Islamic Finance)
Paperback. Drawing on received sources of maqasid (Shari'ah's practical objectives), this book demonstrates how the principles of market economics affect how markets and financial institutions actually operate under Shari'ah law. It explains the maqasid economic rationale of precluding interest rates on money capital from legitimate economic exchange. Series: Edinburgh Guides to Islamic Finance. Num Pages: 248 pages. BIC Classification: JFSR2; KFF. Category: (UU) Undergraduate. Dimension: 215 x 140 x 14. Weight in Grams: 312.
This title explains the exchange economics behind the Shari'ah compliance conditions of Islamic finance. Drawing on received sources of maqasid (Shari'ah's practical objectives), this book demonstrates how the principles of market economics affect how markets and financial institutions actually operate under Shari'ah law. It shows where Islamic economics converges with and differs from conventional economics through the banning of usury and other Shari'ah-prohibited trade practices. It departs from the common conceptual grounds of market behaviour shared by the maqasid approach and the conventional approach to economics. It clearly explains the maqasid economic rationale of precluding interest rates on money capital ... Read more
This title explains the exchange economics behind the Shari'ah compliance conditions of Islamic finance. Drawing on received sources of maqasid (Shari'ah's practical objectives), this book demonstrates how the principles of market economics affect how markets and financial institutions actually operate under Shari'ah law. It shows where Islamic economics converges with and differs from conventional economics through the banning of usury and other Shari'ah-prohibited trade practices. It departs from the common conceptual grounds of market behaviour shared by the maqasid approach and the conventional approach to economics. It clearly explains the maqasid economic rationale of precluding interest rates on money capital ... Read more
Product Details
Publisher
Edinburgh University Press
Number of pages
248
Format
Paperback
Publication date
2013
Series
Edinburgh Guides to Islamic Finance
Condition
New
Number of Pages
248
Place of Publication
Edinburgh, United Kingdom
ISBN
9780748670031
SKU
V9780748670031
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-50
About Seif Ibrahim Tag El-Din
Seif Ibrahim Tag el-Din is Professor of Economics at Imam University, Saudi Arabia.
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