Hussain Mohi-ud-Din Qadri – författare

Islam encourages business and financial transactions as a way of securing the basic needs for all human beings, but these need to be conducted in accordance with the principles contained in the Qur’ān and Sunnah. However, these legal concepts are not classified subject-wise, and the verses on commercial law, like all other topics, are scattered throughout the Qur’ān, making it difficult for readers to gain a full understanding of the topic. This, therefore, is the first comprehensive book to demystify Islamic contract law and specifically Islamic financial contracts, and to examine its roots and history.

The book is written in a clear style to allow for a greater understanding of the more challenging and misunderstood areas pertaining to Islamic business and financial contracts. It also contributes a series of chapters which address the market niche and need, concerning Shariah compliance for Islamic financial products and services. The book is divided into 16 chapters in order to provide a holistic and thorough overview of Islamic law of contract. It covers the objections and misconceptions surrounding Islamic business and financial contracts. It also includes the key features and guiding principles of Islamic law of contract and offers technical know-how, illustrating the concept of formation of a contract, as well as the essential elements of a valid contract. The authors also offer a discussion on the system of options under Islamic business and financial contracts and potential solutions to breach of contracts.

The book will serve as a handy reference for scholars and students of Islamic business and finance and Islamic commercial law and will also be beneficial for practitioners as well as legal and judicial officers. It will open new doors for further research in the field of Islamic financial contracts.

Islam encourages business and financial transactions as a way of securing the basic needs for all human beings, but these need to be conducted in accordance with the principles contained in the Qur’ān and Sunnah. However, these legal concepts are not classified subject-wise, and the verses on commercial law, like all other topics, are scattered throughout the Qur’ān, making it difficult for readers to gain a full understanding of the topic. This, therefore, is the first comprehensive book to demystify Islamic contract law and specifically Islamic financial contracts, and to examine its roots and history.

The book is written in a clear style to allow for a greater understanding of the more challenging and misunderstood areas pertaining to Islamic business and financial contracts. It also contributes a series of chapters which address the market niche and need, concerning Shariah compliance for Islamic financial products and services. The book is divided into 16 chapters in order to provide a holistic and thorough overview of Islamic law of contract. It covers the objections and misconceptions surrounding Islamic business and financial contracts. It also includes the key features and guiding principles of Islamic law of contract and offers technical know-how, illustrating the concept of formation of a contract, as well as the essential elements of a valid contract. The authors also offer a discussion on the system of options under Islamic business and financial contracts and potential solutions to breach of contracts.

The book will serve as a handy reference for scholars and students of Islamic business and finance and Islamic commercial law and will also be beneficial for practitioners as well as legal and judicial officers. It will open new doors for further research in the field of Islamic financial contracts.

The development of Islamic banking and finance (IBF) previously centred around three regions of the world: the Middle East, Southeast Asia, and South Asia. However, in recent years, this has expanded, as interest in IBF has gained momentum in Australia, the USA, and Europe, especially in the UK. Several Western market players have established their own Islamic window or subsidiaries to cater to the need of growing Muslim populations in these regions.

This book examines the recent developments in IBF, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, halal education, takaful, mutual funds, and waqf. It covers the religiosity, spirituality, and tawhid index, which promotes social well-being and empowerment. The book is interdisciplinary, and theories, practice, and key issues are presented simultaneously, introducing new ideas and techniques to the IBF community. Moreover, the book examines topics such as innovation in Islamic social finance instruments, advanced techniques of risk mitigation in Islamic capital markets, marketing and the halal industry, and shari’ah-compliant instruments, which are critical to Islamic finance.

The book is an essential reference text for academics and research students at the master’s and doctorate levels in IBF.

The development of Islamic banking and finance (IBF) previously centred around three regions of the world: the Middle East, Southeast Asia, and South Asia. However, in recent years, this has expanded, as interest in IBF has gained momentum in Australia, the USA, and Europe, especially in the UK. Several Western market players have established their own Islamic window or subsidiaries to cater to the need of growing Muslim populations in these regions.

This book examines the recent developments in IBF, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, halal education, takaful, mutual funds, and waqf. It covers the religiosity, spirituality, and tawhid index, which promotes social well-being and empowerment. The book is interdisciplinary, and theories, practice, and key issues are presented simultaneously, introducing new ideas and techniques to the IBF community. Moreover, the book examines topics such as innovation in Islamic social finance instruments, advanced techniques of risk mitigation in Islamic capital markets, marketing and the halal industry, and shari’ah-compliant instruments, which are critical to Islamic finance.

The book is an essential reference text for academics and research students at the master’s and doctorate levels in IBF.

The word ‘Halal’ translates to ‘permissible’ in English, though it encapsulates a broader meaning that goes beyond permissibility and impermissibility. Halal incorporates hygiene, cleanliness, legality, compliance, ethics as well as cultural aspects. This book provides a holistic overview of the relevant concepts but also covers Shariah, commercial, regulatory and technological aspects of the global Halal industry. It is not confined to a specific region, country or sector, rather it gives a comprehensive summary of the developments and growth across all sectors of the Halal industry, at the regional but also the global level.

It is a well-researched and accessible volume which sets out to demystify some of the more challenging areas and offers an in-depth synopsis of each of the research questions it answers. The book also contributes a series of chapters with specialized treatment. It explores the key Shariah issues and guiding principles of Islamic law, technical know-how within various sectors such as Halal food, tourism, cosmetics, pharma, logistics, supply chain, media & fashion and offers a discussion on Artificial intelligence, quantum technology, and blockchain in different sectors of the Halal industry. Moreover, this work proposes viable solutions to the challenges faced by the industry such as the harmonization of Halal standards.

Beneficial to audiences of all levels from beginners to advanced, it will be a handy reference for researchers and advanced students studying Islamic business and economics, Halal management, nutritional sciences, tourism, media, fashion and pharmaceuticals. It will also be of benefit to practitioners, policymakers and legal and standard-setting bodies.

The word ‘Halal’ translates to ‘permissible’ in English, though it encapsulates a broader meaning that goes beyond permissibility and impermissibility. Halal incorporates hygiene, cleanliness, legality, compliance, ethics as well as cultural aspects. This book provides a holistic overview of the relevant concepts but also covers Shariah, commercial, regulatory and technological aspects of the global Halal industry. It is not confined to a specific region, country or sector, rather it gives a comprehensive summary of the developments and growth across all sectors of the Halal industry, at the regional but also the global level.

It is a well-researched and accessible volume which sets out to demystify some of the more challenging areas and offers an in-depth synopsis of each of the research questions it answers. The book also contributes a series of chapters with specialized treatment. It explores the key Shariah issues and guiding principles of Islamic law, technical know-how within various sectors such as Halal food, tourism, cosmetics, pharma, logistics, supply chain, media & fashion and offers a discussion on Artificial intelligence, quantum technology, and blockchain in different sectors of the Halal industry. Moreover, this work proposes viable solutions to the challenges faced by the industry such as the harmonization of Halal standards.

Beneficial to audiences of all levels from beginners to advanced, it will be a handy reference for researchers and advanced students studying Islamic business and economics, Halal management, nutritional sciences, tourism, media, fashion and pharmaceuticals. It will also be of benefit to practitioners, policymakers and legal and standard-setting bodies.

This book focuses on recent developments in financial technology: specifically, how FinTech affects the Islamic finance industry. It examines the challenges of Shariah compliance and explores opportunities for riba-free finance.

The book describes contemporary FinTech solutions, investigating their relation to Islamic financial institutions. It outlines the current status of Islamic FinTech, arguing that it can provide Shariah-compliant innovative financial services to bridge the gap and compete with or complement conventional finance. Islamic FinTech can play a transformational role in making Islamic finance more accessible to a wide range of audiences and can also support the SME sector, which has been significantly impacted by the fallout of the COVID-19 pandemic.

First, the book addresses thematic issues in Islamic finance, including its role in poverty eradication, elevating SMEs, and the Islamic digital economy. Second, it examines Shariah-compliant instruments in Islamic finance. The final part encompasses the risk profile of Islamic finance products and explores mitigation strategies. The book simultaneously presents theories, practice, and key issues, introducing new ideas and perspectives to the Islamic banking and financial community.

The primary audience for the book will be researchers and scholars of Islamic economics and finance, and it will also appeal to practitioners and regulatory bodies.

This book focuses on recent developments in financial technology: specifically, how FinTech affects the Islamic finance industry. It examines the challenges of Shariah compliance and explores opportunities for riba-free finance.

The book describes contemporary FinTech solutions, investigating their relation to Islamic financial institutions. It outlines the current status of Islamic FinTech, arguing that it can provide Shariah-compliant innovative financial services to bridge the gap and compete with or complement conventional finance. Islamic FinTech can play a transformational role in making Islamic finance more accessible to a wide range of audiences and can also support the SME sector, which has been significantly impacted by the fallout of the COVID-19 pandemic.

First, the book addresses thematic issues in Islamic finance, including its role in poverty eradication, elevating SMEs, and the Islamic digital economy. Second, it examines Shariah-compliant instruments in Islamic finance. The final part encompasses the risk profile of Islamic finance products and explores mitigation strategies. The book simultaneously presents theories, practice, and key issues, introducing new ideas and perspectives to the Islamic banking and financial community.

The primary audience for the book will be researchers and scholars of Islamic economics and finance, and it will also appeal to practitioners and regulatory bodies.

Islamic finance is one of the fastest-growing sectors of the finance industry due to a number of factors, including the technology boom, fintech, blockchain, and higher oil and commodity prices, but also, in particular, its demand by 1.5 billion Muslims around the globe. It enjoys sustainably higher positive returns compared to its conventional finance counterparts, specifically during financial crises. Moreover, it plays a major role in implementing the UN’s Sustainable Development Goals due to its non-traditional source of long-term fund-financing that advances social, environmental, and economic goals. The Routledge Handbook of Islamic Economics and Finance offers a detailed introduction to the current scholarship in this ever-expanding and emerging field.

The book is divided into three parts, covering Islamic business, Islamic economics, and Islamic finance, respectively. Each chapter provides a balanced overview of current knowledge, identifying issues and discussing the relevant debates. The book seeks to explore the current developments and trends in Islamic economics, Islamic banking, and Islamic capital markets. It also covers the areas of Islamic social finance, impact investment and Islamic microfinance, SMEs, poverty alleviation, and financial inclusion. Additionally, it launches the debate on the emergence, progress, challenges, and future potential of Islamic fintech and the Islamic digital economy. Furthermore, it sheds light on subjects such as the marketing of Islamic financial services and products, the circular economy, and the blue economy from an Islamic financial perspective.

As well as surveying the current state of the art, the authors also reflect on where the research agenda is likely to advance in the future, making this the definitive resource for scholars and researchers in this area.

Islamic finance is one of the fastest-growing sectors of the finance industry due to a number of factors, including the technology boom, fintech, blockchain, and higher oil and commodity prices, but also, in particular, its demand by 1.5 billion Muslims around the globe. It enjoys sustainably higher positive returns compared to its conventional finance counterparts, specifically during financial crises. Moreover, it plays a major role in implementing the UN’s Sustainable Development Goals due to its non-traditional source of long-term fund-financing that advances social, environmental, and economic goals. The Routledge Handbook of Islamic Economics and Finance offers a detailed introduction to the current scholarship in this ever-expanding and emerging field.

The book is divided into three parts, covering Islamic business, Islamic economics, and Islamic finance, respectively. Each chapter provides a balanced overview of current knowledge, identifying issues and discussing the relevant debates. The book seeks to explore the current developments and trends in Islamic economics, Islamic banking, and Islamic capital markets. It also covers the areas of Islamic social finance, impact investment and Islamic microfinance, SMEs, poverty alleviation, and financial inclusion. Additionally, it launches the debate on the emergence, progress, challenges, and future potential of Islamic fintech and the Islamic digital economy. Furthermore, it sheds light on subjects such as the marketing of Islamic financial services and products, the circular economy, and the blue economy from an Islamic financial perspective.

As well as surveying the current state of the art, the authors also reflect on where the research agenda is likely to advance in the future, making this the definitive resource for scholars and researchers in this area.

Islamic microfinance is one of the most important sectors of Islamic social finance, which plays a very important role in curbing poverty and improving the standard of living, per capita income, employment level as well as achieving Maqasid al-Shariah, profitability and sustainability. This role of Islamic microfinance has become more crucial in the pandemic period. It has been clearly witnessed in developing countries such as Pakistan and Bangladesh, how Islamic microfinance institutions helped deprived and affected communities during the pandemic. Another important development during the pandemic was the introduction of blended models of Islamic microfinance such as waqf-based Islamic microfinance, a zakat-based model and the combination of Islamic commercial and social finance. Islamic microfinance institutions also aim to harness the power of digitalization and fintech, but they need to consider the necessary success factors to realize and gain the real benefits of technology. There are some major challenges related to regulations, management issues, lack of skilled human resources, a wide digital divide and low level of financial literacy in developing countries. These challenges need to be addressed to ensure stability, steady growth and sustainability in the sector.

This book is a compendium on Islamic microfinance, including case studies from seven jurisdictions and prospects for the sector. The book will be a major contribution to the literature of Islamic economics and finance and a guide of equal importance for students, academics, institutions, regulators, fintechs, policy makers and the general public.