After discussing the controversy about the legality of waqf, goes on to the question of perpetuity of waqf lands occupied by private citizens these days. Traces the history of transfer of these lands into private hands and argues that there is an imminent need to review the legal status of these lands in view of the grave injustíces prevailing in Muslim lands. Historical-legal. Based on primary sources. Documented
Monetary and Financial Theory and Institutions
Monetary and Financial Theory and Institutions
Paper presented to the International Conference on 9 Economic Cooperation Among Muslim Countries‘ held at Istanbul in October 1986. Starts by specifyingthe need for greater cooperation among Muslim countries. Explains the obstacles to economic integration of the Muslim economies. Suggests measures which Islamic banks can take to achieve greater development through integration of the Muslim world. Descriptive. For economists and bankers. Undocumented.
Comments on Dr." Rushdi’s paper. The author’s contetion that interest is not a valid instrument of monetary policy is not fully supported by the facts. It is naive to assume that there will be no inflation as a result of credit expansion in an Islamic economy. An Islamic economy is not theoretically immune from such hazards. Analytical. For Muslim economists. Undocumented.
Monetary and Financial Theory and Institutions
Monetary and Financial Theory and Institutions
Examines the taxation system imposed by early Muslims i in Egypt at the time of its conquest. Reconciles various historical reports on rates of jizya and kharäj. Concludes that the Egyptians paid two taxes: (i) a tax in kind on agricultural produce; (ii) a tax in cash of two dinar jizya per adult male. For students of Muslim econornic history. Historical. Analytical. Based on primary sources. Documented.
Monetary and Financial Theory and Institutions
Monetary and Financial Theory and Institutions
Monetary and Financial Theory and Institutions
This is the second volume of proceedings of the seminar on Monetary and Fiscal Economics of Islam held in Islamabad in January, 1981. Contains 8 papers on fiscal policy, resource allocation and project evaluation besides an introductory chapter by the editors, inaugural address and keynote address. For economists. Documented.
This is the first volumeof proceedings of the seminar on Monetary and Fiscal Economics of Islam held in Islamabad in January, 1981. Contains four articles on monetary structure and policy and Islamic banking in practice. Also includes reports of the Council of Islamic Ideology (Pakistan) and Panel of Economists and Bankers (Pakistan) on Elimination of Interest from the Economy. The editors have contributed an introduction summarising the proceedings. For Economists. Documented.
Monetary and Financial Theory and Institutions
Monetary and Financial Theory and Institutions