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Islamic economics, which is a discipline for studying economic behaviour from an Islamic perspective, advocates comprehensive human development defined by advancement and progress in multiple dimensions beyond GDP, income, or standard of living. Not only should socio-economic progress be in all dimensions but it should also have a higher purpose. A society is considered economically and socially developed if adequate protections are provided for faith, life, intellect, progeny, and wealth. This concept of balanced progress itself is an important idea recognized by the sociologists. However, the same has so far not been measured or used in policy making by economists. Similarly, lack of adequate protections in a society along these dimensions indicates poverty which is another way of measuring slack in development. The chapters in this edited volume deal with conceptualization of socio-economic development on these lines, and show how to measure socio-economic development in a comprehensive way. The book will be of interest to academics in the fields of economics, economic development, and Islamic economics. It will also be of interest to policy makers engaged in economic development, social progress, and poverty alleviation. .

Maqāṣid (Islamic law) --- Finance, Public—Islamic countries. --- Islamic Finance. --- Finance, Public

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This book examines whether Islamic finance and Islamic economics is challenging the orthodoxy of the money markets. Can ethical finance combined with the prohibition on interest and speculation really work in the global economy? With a political economy approach, the book explores how the industry has grown in modern times – from a short-lived bank in an Egyptian city in the 1960s through to a global industry that is today valued at US$2.05 trillion. From the revelation as articulated by the Prophet Muhammed in the seventh century through to the gleaming 21st century skyscrapers of Dubai and Kuala Lumpur, the book covers the end of European colonialism, the controversial utterances of self-styled religious leaders, the impact of Islamophobia, and the efforts to end poverty through Islamic microfinance. The book uncovers an industry that is both profitable and changing the face of contemporary capitalism. James Simon Watkins is a Lecturer at Regent’s University London, UK. He was the Political Adviser at the Embassy of Japan in London and he has worked in the UK Houses of Parliament. He was the Chief Executive of a business group and was a UK Labour Party candidate for the 2014 European Parliament election. .

Finance, Public—Islamic countries. --- Islamic Finance. --- Finance --- Capitalism. --- Market economy --- Economics --- Profit --- Capital

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Economics --- Economics. --- Religious aspects --- Islam --- Islam. --- Islamic countries. --- Islamic economics --- Islamic finance --- Islamic banking --- Islamic insurance --- Economic theory --- Political economy --- Muslim countries --- Social sciences --- Economic man --- islamic economics --- islamic finance --- islamic banking --- islamic insurance --- islamic social finance --- islamic/halal business

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Islamic banking --- Islamic finance --- Islamic economics --- Economics --- Finance, Public --- Cameralistics --- Public finance --- Currency question --- Economic theory --- Political economy --- Social sciences --- Economic man --- Public finances --- islamic banking --- islamic finance --- islamic economics --- Economics. --- Finance, Public. --- Islamic countries. --- Muslim countries

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This book examines a range of current issues in Islamic development management. The first part of the book explores practical issues in governance and the application of Islamic governance in new areas such as quality management systems and the tourism industry, while the second delves into questions of sustainability. The book proposes a new Islamic sustainability and offers new perspectives on CSR in connection with waqf (Islamic endowments) and microfinance. The third part of the book addresses Islamic values and how they are applied in entrepreneurship, inheritance, consumer behavior and marketing. The fourth part examines the issues of waqf and takaful (a form of insurance in line with the Islamic laws), while the fifth discusses the fiqh (the study of Islamic legal codes) and legal framework from the perspectives of entrepreneurship, higher education, reporting and inheritance (wills). The final chapter is dedicated to the application of Islamic principles in various other issues. Written in an accessible style, the book will appeal to newcomers to the field, as well as researchers and academics with an interest in Islamic development management. Noor Zahirah Mohd Sidek is a Senior Lecturer at the Department of Economics, Universiti Teknologi MARA (UiTM), Kedah, Malaysia. She holds a Master and PhD in Economics from the International Islamic University, Malaysia. She is also a certified Shariah Registered Financial Planner (SRFP00513). Roshima Said (PhD) is an Associate Professor at the Universiti Teknologi MARA, Malaysia. Her research interests are in the areas of Corporate Governance, Corporate Social Responsibility, Ethics and Financial Criminology. Wan Norhaniza Wan Hasan is a Senior Lecturer at the Centre for Islamic Development Management Studies (ISDEV), Universiti Sains Malaysia (USM). She holds a Master of Social Sciences (Islamic Development Management) and PhD in Islamic-based Development, both from the USM. Her main research interest is in Islamic-based development with a focus on sustainability and development indexes, and on the measurement of sustainable development based on Islamic principles.

Finance, Public—Islamic countries. --- Economic development—Environmental aspects. --- Economic development projects—Finance. --- Islamic Finance. --- Development and Sustainability. --- Development Finance.