Musharaka and Its Modern Application
Presented at the Seminar on Islamic Financing Techniques organised by I.I.I.E. at Islamabad in December 1984. Discusses the law of mnshdraka, its conditions, types, role of 'urf in its formation, question of limited liability and its dissolution. Holds that joint stock company is a form of musharaka and the concept of limited liability is lawful in Islam. Based on primary and secondary sources. Documented. For economists and bankers.
Bîma kî Sharî Haithiyat (Legal Position of Insurance)
Argues that the prevalent contract of insurance is lawful. Refutes the arguments usually given against insurance. A comprehensive treatment based on primary sources. Documented. For 'ulama' and economists.