Prophetic Finance And Economics Mufti Faraz Adam by Mufti Faraz Adam 9798883225801, 8883225805 instant download after payment.

Prophetic Finance and Economics explores the current Islamic Finance industry, and presents the Prophetic way of how the economy ought to be. The book explores the controversial matters in Islamic Finance, and provides a detailed and insightful scholarly analysis of all the different practices. Most importantly, the book provides a roadmap on how to enhance Islamic Finance. Uniquely, the book presents the Prophetic transactions and economic insights that can be integrated into Islamic Finance to advance and enhance its current offering. The book presents a framework called the 'Shariah-Powered Framework', which combines compliance and Sunnah to give a powerful course of action.

"Prophetic Finance and Economics" is a seminal work that delves deep into the heart of Islamic finance, offering readers a comprehensive exploration of its complexities, innovations, and ethical foundations. Through its sixteen meticulously researched chapters, the book addresses the current landscape of Islamic finance, marked by confusion and the need for clarity, and sets forth a path towards a system that is not just compliant with Sharīʿah, but deeply inspired by it.

Beginning with an insightful analysis of the present state of Islamic finance, the author skillfully unveils the layers of misunderstanding and the potential for alignment with true Islamic principles. Chapter 2 focuses on Ḥiyal, or legal stratagems, used in Islamic finance, providing a nuanced discussion on their role and ethical implications in financial engineering. The following chapters systematically build upon each other, examining the protocols of a Muftī, the intricacies of Commodity Murabahah, and the concept of Sharīʿah wrappers, demystifying complex financial instruments and practices.

At the heart of the book, chapters 5 and 6 explore the profound Islamic concepts of wealth and Muʿāmalāt (financial transactions), emphasising their purpose beyond mere economic activity to encompass moral and spiritual dimensions.

…