BGIFI:JIEB&F

Building Genuine Islamic Financial Institutions: Journal of Islamic Economics Banking and FInance Vol 11, No. 2, Aor-Jun 2015,p13-32

Paper presented at: Third International Conference on Islamic Business (ICIB-2014) At Riphah University, Islamabad on February 10-11, 2014. Paper presented at seminar under the title “Economics and Ethics” organized by the Center for Islamic Legislation and Ethics (CILE) in Doha on the 10-12 of June 2014. SSRN Version

See (current, temporary) mainpage on Building Genuine Islamic Financial Institutions. Shortlink: http://bit.do/bgifi

For Video/Talks in URDU and ENGLISH - see BGIFI

Other paper presented at CILE Conference was:

Asad Zaman (2016) “Objectives of Financial Institutions: Western and Islamic”, Journal of Islamic Business and Management, Vol 5, No. 2,p43-68.

ABSTRACT of BGIFI:

Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial institutions are designed to support the process of accumulation of wealth, which is at the heart of capitalist societies. Central to Islam is the spirit of service, and spending on others, which is expressed by diverse, service-oriented institutions, radically different from those dominant in capitalist societies.

REFERENCE

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Zaman, Asad. “The Rise and Fall of Market Economies,” Review of Islamic Economics, 2010, Vol. 14, No. 2. Reprinted as Chapter 2 of Civilization & Values:Open Civilization – Istanbul Approach eds: M Yalçintaş, I Kurulay, and R. Şentürk, Istanbul: ICOC, p140-178, 2010.

Zaman, Asad. “Principles of an Islamic Education,” Lecture 1 of Lectures on Islamic Economics, Draft, 2012. https://sites.google.com/site/zamanislamicecon/lectures.

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CILE Conference Materials - Slides, pre-conf paper, post conf paper, letter to Ramadan, etc

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