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The Musharakah Mutanaqisah Partnership model or the MMP is fast gaining popularity in Islamic home financing, for jurists and the bankers both validate it as a totally interest free structure. We have exploded the myth of thatvalidation in our earlier writings and reinforce our argument here ....
Persistent link: https://www.econbiz.de/10009644938
Even as the BBA model has not made a complete exit from Islamic home financing, the musharkah mutanaqisa partnership (MMP) model is fast gaining popularity with the jurists and the bankers alike as a truly interest free alternative. This paper reproduces our earlier evidence that the MMP model...
Persistent link: https://www.econbiz.de/10009353528
This paper raises the issue of an initial structure-objective mismatch in the launching of Islamic finance. The abolition of interest and promotion of growth with equity were goals of the conceived system. These goals expressed a long run vision to improve the condition of the Muslim communities...
Persistent link: https://www.econbiz.de/10008592947
This paper deals with the concept and objectives of economic development from an Islamic perspective.A few related issues including motivation, role of the state, population, and growth-equity trade off have also been discussed.
Persistent link: https://www.econbiz.de/10005837249
Today widespread poverty is one of the major problems of mankind and its alleviation one of her major agendas. In recent years microfinance has emerged as an important instrument to relieve poverty in the developing countries. Today there are more than 7000 micro lending institutions providing...
Persistent link: https://www.econbiz.de/10005619462
This a critical evaluation of the book reviewed
Persistent link: https://www.econbiz.de/10005622156
From the study "Family Farming in the Economy: Brazil and Rio Grande do Sul" published in 2005 by NEAD - Nucleus of Agrarian Studies and Rural Development Ministry of Agrarian Development, the perception of the importance of family agriculture in the economy has gained special dimension, which...
Persistent link: https://www.econbiz.de/10009019720
The economic liberalization and globalization process, started in the 1990s, brought a strong impact on the Brazilian economy. Between 1988 and 1993, an extensive process of liberalization was held, gradually reducing the degree of protection of local industry and changing the relations of...
Persistent link: https://www.econbiz.de/10011108965
This work examines the theory of profit in mainstream microeconomics from Islamic perspective. It does not deal with various profit theories in their historical order. Instead, it adopts an issue-wise approach and discusses questions such as what is profit, what are its sources of emergence,what...
Persistent link: https://www.econbiz.de/10005626855
In today’s international scenario, the issue of the food supply emerges as a central point to be discussed. The rising of prices, the population growth, the problem of hunger and the controversy about the bio-fuels, among other topics, make of great importance that agro-exporter countries such...
Persistent link: https://www.econbiz.de/10011258444