By Muhammad Akram Khan
Islamic economics and finance have elevated in value over the past few many years, with new Islamic monetary associations starting up and a couple of very important books released at the topic.This word list, absolutely up-to-date and revised for the hot version, makes use of effortless to appreciate language to introduce phrases utilized by Muslim students, historians and criminal specialists. The publication covers phrases from Arabic, Urdu, Turkish, Malaysian and English assets when overlaying the Islamic aspect of such phrases as taxation, banking, coverage, accounting, and auditing.The book's unassuming but complete nature will attract economists, bankers and accountants in addition to scholars and researchers with an curiosity in economics and finance.
Read or Download Islamic Economics and Finance: A Glossary (Routledge International Studies in Money and Banking, 23) PDF
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Additional info for Islamic Economics and Finance: A Glossary (Routledge International Studies in Money and Banking, 23)
The stranger would, thus, sell those coins to them at a low price. Thus, they would deprive the ignorant stranger by collusion and deceit. al-b‘al Relating to the law of ‘ushr, trees which fetch their moisture from land (without any rainfall). ‘Ushr is levied on the produce of these trees. See ’ard al-b‘al. Bank Bumi-Muamalat Malaysia Berhad Second Islamic bank of Malaysia that came into being in October 1999 by the merger of Bank of Commerce and Bank Bumiputra. al-baqarah al-muthWrah Relating to the law of zakah, a cow or bull engaged in tilling of land.
It contained all miscellaneous transactions of income and expenditure, other than those for which separate ledgers were maintained (see jarWdah). The entries in this journal were subject to an authority known as al-shahed, very much like a journal voucher of the present day. Al-shahed was approved by a competent authority before the accounts clerk would enter it into the register. al-dai‘ah Estates belonging to the crown or to private owners. In contradistinction to private estates, the crown estates were also called dai‘ah 42 al-dai‘ah al-sultan or dai‘ah al-khalWfah.
It has many types. bai‘ al-‘abd al-’abiq Sale of a slave who has escaped his master. It was prohibited by the Prophet. bai‘ ’ajlin bi-‘ajilin Lit: Sale of something to be delivered later for a price to be paid immediately. Tech: It is an alternate term for bai‘ al-salam. bai‘ ‘ajilin bi-’ajilin Lit: Sale of something to be delivered immediately for a price to be paid later. Tech: This is an alternate term for bai‘ al-mu’ajjal. bai‘atan fi bai’ah 19 bai‘ ‘ala al-bai‘ Lit: Sale over the sale of another person.