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Islamic Economic Institutions and the Elimination of Poverty

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This book presents both theoretical and empirical evidence to highlight the role of Islamic institutional arrangements in poverty elimination.
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  • 13 March 2018
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This book highlights the Islamic approach towards poverty elimination. Articles included in the volume point out that Islamic institutions such as zakah (obligatory wealth tax), elimination of riba (interest), awqaf (endowments), takaful (insurance), and irfaq (charity) play an important role in reducing poverty levels and income distribution.

It features articles by many prominent scholars, including Mohammad Hashim Kamali (an authority on Islamic finance), Mohammad Daud Bakar (a member of Malaysia’s central bank), and Dr. Seif El-Din Ibrahim Tag El-Din (the 2015 winner of the IDB Islamic Economics Prize).

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Price: $49.95
Pages: 334
Publisher: Kube Publishing Ltd
Imprint: The Islamic Foundation
Publication Date: 13 March 2018
Trim Size: 8.25 X 5.75 in
ISBN: 9780860373179
Format: Paperback
BISACs:

BUSINESS & ECONOMICS / Islamic Banking & Finance, BUSINESS & ECONOMICS / Finance / General, RELIGION / Islam / General, BUSINESS & ECONOMICS / Economics / General

Munawar Iqbal: Munawar Iqbal is Chief of Research at the Islamic Banking and Finance Division of the Islamic Development Bank's Islamic Research and Training Institute, Jeddah, Saudi Arabia.

Preface
Glossary of Arabic Terms
Chapter 1 Introduction
MUNAWAR IQBAL

Chapter 2 The Elimination of Poverty: Challenges and Islamic Strategies
ISMAIL SIRAGELDIN

Chapter 3 Poverty Elimination in an Islamic Perspective: An Applied General Equilibrium Approach
HAFIZ MOHAMMAD YASIN and SAYYID TAHIR. Comments by Zubair Hasan

Chapter 4 Microfinancial Services and Poverty Alleviation in Bangladesh: A ComparativeAnalysis of Secular and Islamic NGOs
M. KABIR HASSAN and DEWAN A.H. ALAMGIR. Comments by Abulhasan M. Sadeq

Chapter 5 The Elimination of Riba: A Measure Truly Dedicated to Poverty Alleviation
SEIF EL DIN I. TAG EL DIN. Comments by Mabid Ali al-Jarhi. Comments by Abdel Rahman Yousri

Chapter 6 The Problem of Risk and Insurable Interest in Takaful: A Jurisprudential Analysis
MOHAMMAD DAUD BAKAR. Comments by Mohammad Hashim Kamali. Comments by M. Anas Zarqa

Chapter 7 Latest Developments in the Western Non-Profit Sector and the Implications for Islamic Awqaf
MURAT ÇIZAKÇA. Comments by Mohamed Ahmed Sakr. Comments by Mohamed Ariff

INDEX 297