Shariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional counterparts. Shariah Governance in Islamic Banking Institutionsprovides a critical overview of the key …
This book discusses the nature and theories which govern systems of Islamic finance including its most distinctive features and its relationship with conventional financial institutions. It explores the nature and role of money in modern economies and elaborates on the process of credit deposit creation, trade cycles and instruments for the creation of value in financial markets through the …
Sharia-compliance is the raison d’etre of Islamic banks. All of their instruments and activities should be based on sharia principles, which unfortunately exposes them to greater risks than their conventional counterparts, regulated under the dual banking system in Indonesia. These include inconsistencies between fatwas, unique reputational risks, and inefficiencies in the regulatory framewor…
Indonesia is the most populous Muslim country in the world. Taking into account also its endowment and potential economic resources, the Islamic banking industry in Indonesia was expected to take on an important role in facilitating more financial resources and to contribute to the internationalization of the Islamic mode of financing particularly in the Asia-Pacific region. However, the realit…
This book aims to identify how the Qur’an is narrated in and by the press media through the use of translation, featuring examples from a corpus of newspaper articles from the UK and Europe across two decades. Drawing on work at the intersection of narrative theory and translation studies, the volume highlights the ways in which press media play an integral role in the construction, promot…
Understanding Religion and Popular Culture 2nd edition provides an accessible introduction to this exciting and rapidly evolving field. Divided into two parts, Issues in Religion and Genres in Popular Culture, it encourages readers to think critically about the ways in which popular cultural practices and products, especially those considered as forms of entertainment, are laden with religious …
Buku ini berisi bacaan untuk menentramkan hati, menenangkan jiwa, dan memberikan arahan dalam upaya mengoptimalkan potensi diri. Penulis mengkaji permasalahan yang umum terjadi pada setiap individu dan menjelaskan hal-hal yang seharusnya dilakukan untuk mengatasi permasalahan tersebut. Beberapa kisah hikmah diungkapkan untuk dijadikan bahan pelajaran agar pembaca dapat memetik pelajaran dari ki…
Buku ini menyajikan pembahasan seputar hukum perusahaan pembiayaan yang dibahas penulis secara lengkap mulai pembentukan OJK, jenis-jenis perusahaan pembiayaan baik konvensional dan syariah berikut dasar hukum konsep dan cara transaksi/akad-nya dari perspektif lembaga baru yang ditugasi dan memiliki wewenang secara hukum untuk mengurus hal-ikhwal tentang sektor jasa keuangan pasca diundangkanny…
Islamic Financial Economy and Islamic Banking, is a thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system. The book presents a new frontier of original contribution to the theme of generalized-system model of shari’ah. The model, derived from the Qur’an and Sunnah (Prophetic guidance) incorporates a wide analytical cove…
Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their c…
Traditionally, academic reflections on Islamic economics and finance have relied on a misleading understanding of Maqasid Al-Shari’ah. Much of the current research on the subject dogmatically adheres to the teachings of classical Islamic philosophers and does not appeal to practitioners of economics and finance who are looking for guidance on practical application rather than academic verbosi…
Under the rule of the current economic order, social injustice is ever-increasing. Issues such as poverty, inhumane working conditions, inadequate wages, social insecurity and an unhealthy labor market continue to persist. Many states are also unable to produce policies capable of resolving these problems. The characteristics of the capitalist system currently render it unable to provide social…