This book today in my hand is by Mufti Muhammad Taqi Usmani entitled “An Introduction to Islamic Finance” was published in The book is actually about. Justice Usmani of Pakistan, who chairs several Shari’ah supervisory boards for Islamic banks, clearly explains the various modes of financing used by Islamic. An Introduction to Islamic Finance. Front Cover · Taqi Usmani. Arham Shamsi, – Musharakah Mudarabah as Modes of Financing. Murabahah.
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The Principles of Limited Liability. The author provided succinct yet comprehensive text about different modes of finance with their respective conditions according to Islamic Shariah. It is an important reminder of how dynamic Islam is for all times and all eras. A good book for the basic understanding of Islamic finance from a Shariah scholar’s perspective.
It gives a broad view of few terminologies used in economics like Mudarabah, Musharabah, Ijarah, Salam, and Istisna.
The author is a Hanafi Islamic Scholar introductjon has remained the chairman and member of sharia supervisory boards of different Islamic banks in different parts of the world. He authored many books in Urdu, Arabic and English language.
The book is actually about the principles of Islamic Finance in depth and the main difference in Islamic and Conventional banking. Although the principles of Shari’ah require banks and financial institutions to be structured on silamic interest-free basis, this does not mean that such institutions are charitable concerns.
Islamic finance also focuses on circulating money and it does not make few people richer who already have money. So, I introdyction everyone to read and own this book in hard copy as well. Selected pages Title Page. Lists with This Book.
An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani – at-Tahawi
Good Points in Book 1. Implementing knowledge of economics, one can deduce the fact that Islamic finance is not merely a myth but an existing and real phenomenon. User Review – Flag as inappropriate Excellent Book for understanding the laws of shariah in regards to Muamulaat.
In the book author has successfully drawn attention that modes of financing are being used by the Islamic banks and financial institutions since last two decades, but all these instruments are not the substitutes of interest in the strict sense.
Account Options Sign in. Springer Netherlands- Architecture – pages. Although a little convoluted to comprehend along with the Arabic terminology, an excellent intro to Islamic Finance. Brilliant introduction to the topic, highly recommended.
An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani
The philosophy is enshrined in the traditional Islamic concepts of musharakah and mudarabah, along with their specialized modern variants murabahah, ijarah, salam, and istisna’. To ask other readers questions about An Introduction to Islamic Financeplease sign up.
As long as a person advancing money expects to share in the profits earned or losses incurred by the other party, Khairunnisamusari rated it it was amazing May 31, This book is not yet featured fihance Listopia.
Muhammad Murad rated it it was amazing Jan 14, Mohamed Ahmed rated it it was amazing Jun 22, Published untroduction Idara Isha’at-e-Diniyat first published December 19th He is an expert in the fields of Islamic Jurisprudence, economics, Tassawuf and Hadith.
Siddek rated it it was amazing Sep 18, Investors and others doing business or intending to do so islamkc Islamic countries have in this book a practical guide to a crucial factor in the success of their endeavours. About Muhammad Taqi Usmani.
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