Islamic Fiqh Academy (India)
Dar Al-Kotob Al-Ilmiyah
Business Dealings By Installments (P/B)
- RM 20.00
- RM 20.00
- RM 20.00
Inventions are born out of necessity. It is the necessity which gives birth to new ionventions; new modes of transaction come in to vogu; and complex problems take birth. From among such new modes of business transactions an important one is the sale and purchase by installments.
This book tackles this issues in an attempt to give Muslims the opinion of many Islamic scholars.
KEY FEATURES OF THE BOOK
* It elucidates the principles and practices of the Islamic capital market with academic rigours.
* It sheds light on the cutting-edge practical issues faced by the industry.
* Every chapter contains relevant case studies and supportive illustrations.
* Multiple Choice Questions (MCQs) and discussion questions are provided at the end each chapter.
Shari’ah framework, Regulatory framework, Corporate and Shari’ah governance, Risk management, Accounting and taxation, Sukuk Islamic equity market, Islamic unit trust, REITs and ETFs, Islamic private equity and venture capital, Islamic derivatives and hedging and Islamic structured investment products.
This “A Mini Guide to Accounting for Islamic Financial Products” starts with the development of Islamic finance as well as accounting standards and development of AAOIFI which aims to develop standards on accounting, auditing, ethics and governance and disseminate them on the target market.
The guide also highlights selected accounting issues addressed by AAOIFI : substance over form, prudence, mudarabah investment accounts and asset valuation. This is followed by how information of financial statement of an Islamic bank helps its major users, like equity holders, holders of investment accounts, regulatory agencies and others.
The guide also points out the main differences in the presentation of financial statements of Islamic Financial Institutions. Among them are: how assets are defined and inclusion of equity of unrestricted investment account holders. The differences arise as a result of utilizing a Shari’ah compliant contract to bring into effect a particular product.
The last section discusses some of the more popular contracts such as murabahah, istisna’, ijarah, mudarabah and musharakah. A few case studies are also incorporated for different contracts to give more understanding on the topic to the readers.
Beekun and Badawi, both professors of management and strategy, have written this primer on leadership integrating contemporary business techniques with traditional Islamic knowledge. The leadership paradigm is changing, and a leadership model based on ethical principles is finally emerging-a position that Islam has taken from the start. The synthesis of the authors results in a highly practical and inspiring manual for developing leadership skills.
A video summary of this book can be found here: https://www.youtube.com/watch?v=YdNQxv_ODdc&t=26s This book discusses the why, what and how of Rahmatan lil-Alamin as the higher objective of humanity. It presents a practical understanding of the purpose of creation and humanity to improve the individual and collective well-being of Muslims and society. The intention is to re-introduce and re-emphasize the correct Islamic perspective of humanity. The first five chapters revisits the common understanding among Muslims as to why mankind is created. We show that the prevalent view that we are created to worship Allah (SWT) is incomplete. There is a higher and more noble purpose; Rahmatan lil-Alamin (mercy to the worlds). We next describe the what of Rahmatan lil-Alamin. The best role model of Rahmatan lil-Alamin is undoubtedly Prophet Muhammad (SAW), the last and final prophet and messenger, whom Allah (SWT) sent with a very clear purpose, “And We have not sent you but as a mercy to the worlds.” [21:107]. We present many examples from the history of Prophet Muhammad (SAW) and a collection of his (SAW) sayings and advice on being the best. The final chapters of the book deal with the how of Rahmatan lil-Alamin. We describe in detail how the Muslim can apply Rahmatan lil-Alamin daily in his or her life. We propose a practical model of Rahmatan lil-Alamin that we induced from the Quran. We also addressed how to apply Rahmatan lil-Alamin to a broader society by proposing a decision-making tool that can guide us as persons and as communities to make decisions that conform to the foundations and priorities of Rahmatan lil-Alamin. We present case studies from the history of the Companions using this decision-making model. This book seeks to establish a connection between Islam and civilization within a civilizational and ethical framework. We believe that a more proper and complete understanding of the Islamic view about humanity may present to us new perspectives of Islam and how Muslims should engage with fellow Muslims and people of other faiths. In fact, the implication of this new reinterpretation framework goes even further in that: any human civilization built on this framework is the most prosperous for the whole and also for the individuals in it.
Learn the important advice and strategies on building the right mind-set all in one compilation. Grow and think alongside Datuk Dr Mohd Daud Bakar in his mission to motivate and drive the inquisitive young business minds.
A Compilation of 23 articles from Datuk Dr Mohd Daud Bakar’s Mindset column in Malaysian Business.
The is a new, fully annotated English translation of al-Jahiz’s Kitab al-Tabassur bi al-Tijarah (The Book of Insight into Commerce). The Translator has also added three appendices consisting of his translated excerpts from three important classical Islamic authors, al-Shaybani, al-Dimashqi and al-Lubudi in order to provide readers with an insightful overview of the business and commercial ethos of classical Islamic economic thought.
In their pursuit for organizational improvement, modern managers have been searching for effective management theories and practices in both the East and the West. The interest of managers has expanded beyond contemporary management schools to include even ancient ones. Nevertheless, little attention is currently paid to the Islamic management approach, one that has far outperformed its contemporaries and left indelible marks on the minds of innumerable researchers, leaders, and managers that have followed. Islam and Management will shed light on the Islamic approach to management and delineate important lessons from the teachings of Islam and the experiences of Muslims. People who should read this book include all managers seeking to enhance the effectiveness of their organizations. This book is particularly important for Muslim managers who will find its approach to be coherent with their cultural values. Topics covered in this book include organizational culture, planning, organizing, leading, motivating, controlling, competition, conflict management, and human resource management. This book also includes a chapter on the enriching leadership of ‘Umar ibn al-Khattâb, the second caliph of Islam. The hardcover version of this book that we have for sale is the revised 3rd edition, published in 2011.a
Originally written in Arabic, the book is a reminder on the evils and the forms of Ribaa (Usury) and the threat of The Almighty concerning those who defy His warnings. The fact that those who give, consume, witness, writes and involved in Ribaa based transactions, their good deeds, supplications and charity will not be accepted by The Almighty and in turn will make their hearts hardened along with afflictions and tribulations that would affected them severely.