The paper by Dr. M. Fahim Khan has truly been a genuine attempt to combine mathematical formulation and computer simulation of a purely behavioral model. Nevertheless, the basic mathematical axioms of the model, which the author has derived on purely intuitive grounds, do not seem consistent...

Arabic Abstract:يناقش البحث المبادئ العامة التي تكيف طبيعة التداول في سوق إسلامية للأسهم، ويقوّم من الناحيتين الشرعية والاقتصادية نموذج سوق الأسهم الرأسمالية الحرة....

Arabic Abstract: يلخص هذا الحوار أكثر من 35 اقتصاديًا حول ورقة عمل عن تدريس الاقتصاد الجزئي من منظور إسلامي. ويرى بعضهم أن افتراض تعدد الأهداف لدى الوحدات الاقتصادية هو...

Emphasizing risk averse nature of fund suppliers in an uncertain environment, this paper establishes the possibility of a riba-free Pareto optimality in a primary financial market, explaining real life dominance of the mixed debt/equity system in terms of deviation from informational efficiency....

To step up national growth rates, conventional policy makes an exclusive focus on production function norms in its human resource strategy. Development of man's ethical economic resource along the religious lines to soften man's selfishness and promote mutual brotherly caring behavior among...

The normative rules governing exchange in an Islamic stock market are discussed and the free enterprise capitalist model of stock market is evaluated from the Islamic and economic points of view. Exchange of financial claims is found more vulnerable to hazard and to lack of information, both...