islamiceconomicsproject

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Research Paper in Focus

Paper Title: Mapping Issues in Labor Economics:  An Islamic Perspective for Research and Policy Development Author:        Mohd Nahar Mohd Arshad Publisher:    JKAU: Islamic Economics, Vol. 37 No. 1, 21 – 37. The study illustrates the literature on labour economics from an Islamic perspective to identify the concentration of research, gaps in the literature, major difficulties to the…

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#Capitalism #Development Economics #Economic Policy #human resource management #human well being #Islamic Economics #Islamic labor markets #Islamic labor policies #Islamic Social Finance #Islamic Work Ethics #Labor Economics

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Review of Global Hunger Index

Muhammad Hammad As the year 2030 looms and just seven years remain to achieve the Sustainable Development Goals, nearly three-quarters of a billion people are unable to exercise their right to adequate food. Hunger is not new, and neither are its drivers. What is new is that we now live in a time of what has been termed “poly-crisis”: the compounding impacts of climate change, conflicts,…

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#Development Economics #Environmental Economics #Food Crisis #global hunger #Hunger #Hunger in Afghanistan #Social Development #Sustainability Challenges #sustainability practices #Sustainable Development #Sustainable Development Goals

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SZABIST University International Conference on Dealing with Disruption and Sustainability through Innovation

(April 20, 2024) – Day 2 of the SZABIST University International Conference started with a panel discussion on Sustainable Development Goals. Panelists included Vice Chancellor, Salim Habib University, Prof. Dr. Irfan Hyder, Dean ASC, NED University, Dr. Noman, renowned development economist Dr. Qaiser Bengali and one of the most vocal activist and advocate of women rights in Pakistan, Ms.…

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#Disruption #Dr. Ishrat Husain #Innovation #Marriott Hotel Karachi #Muhammad Idrees #Mujeeb ud din Sehrai #Saeed Uddin #Shahnaz Wazir Ali #Sustainability #Szabist #Szabist Conference #SZABIST University #SZABIST University International Conference #Yasmeen Qazi

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Quantum Regenerative Leadership (QRL) for Sustainability Management

Prof. Dr. Tariqullah Khan Professor at INCEIF Malaysia The world finds itself at a critical juncture, grappling with the pressing challenges of climate crisis, depleting natural resources, and breached planetary boundaries. This convergence of crises has catalyzed an unprecedented call for a global response, urging a collective shift in perspective and responsibility. Formerly, the private…

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#Climate Change #Climate Crisis #corporate sustainability #Global Warming #quantum leadership #regenerative leadership #Sustainability Challenges #sustainability management #sustainability practices #Sustainable Development

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SZABIST University International Conference on Sustainability and Innovation

April 19, 2024 – SZABIST University Karachi together with its Faculty of Management Sciences, Faculty of Social Sciences, Faculty of Life Sciences and Faculty of Computer Sciences in collaboration with SZABIST University Larkana Campus, SZABIST University Hyderabad Campus and SZABIST University Gharo Campus hosted the Second International Conference on the Theme of Sustainability and Innovation.…

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#Altaf Mukati #Climate Change #Eva Roth #Innovation #Muhammad Nishat #Prem Menghwar #Riaz Shaikh #Sarawali Qazi #Shahnaz Wazir Ali #Shumaila Kashif #SIC 2.0 #Sustainability #Szabist #Szabist International Conference #SZABIST University #Zahid Abro

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Research Paper in Focus

Paper Title: Does PLS in Islamic banking limit excessive money creation? Author:        Khoutem Ben Jedidia, Hichem Hamza Publisher:    Journal of Islamic Accounting and Business Research, 15(3), 422 – 442. In this paper, authors argue that bank lending is the major source of monetary expansion. They agree that bank-led money creation is a key issue in both conventional and Islamic financial…

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#Hinchem Hamza #Islamic Banking #Islamic Finance #khoutem Ben Jedidia #Money creation #Profit and Loss Sharing

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Ensuring Corporate Sustainability

Hassan Al-Ahdal, FCMA It is important for policymakers and regulators to encourage corporations to embrace sustainability in their production processes, packaging, and logistics. This can be most effectively achieved through a multifaceted strategy. Following are the important options in this regard: Integrated Enforcement Mechanism Employ a balanced approach by combining mandatory reporting…

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#corporate social responsibility #corporate sustainability #environmental protection #Environmental Sustainability #social responsibility #sustainability practices #sustainability standards

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Sustainability Lessons from Fasting

Salman Ahmed Shaikh We are using up environmental resources beyond regenerative capacity. There is need for responsibility and restraint. Diane Coyle in his book “Economics of Enough” talks about creating a sustainable economy, i.e. having enough to be happy without cheating the future. UN Sustainable Development Goal 12 talks about responsible consumption and production. FAO reports that…

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#discipline #Environmental responsibility #Environmental Sustainability #Fasting in Ramadan #patients #Ramadan #Responsible Consumption #self control #self restraint #Sustainability Challenges #Sustainable Development Goals

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Roundup of 2nd Al Baraka Forum 2024

Karachi, Pakistan Al Baraka Forum for Islamic Economy in collaboration with the Islamic Chamber of Commerce and Development (ICCD) hosted the 2nd Al Baraka Regional Conference, in partnership with Al Baraka Bank Pakistan, to shed light on the crucial role of home remittances in Pakistan and their impact on sustainable development. The conference served as a platform to discuss the multifaceted…

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#AlBaraka #AlBarakaForum #Economic Crisis #FinancialInclusion #ICCD #IslamicBanking #IslamicChamberofCommerce #IslamicFinance #PakistanEconomy #Remittances

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Economics of Muhammad PBUH

Title: Economics of Muhammad PBUH (معیشت نبوی صلی اللہ علیہ وسلم)       Author:       Syed Fazl ur Rehman Publisher: Dar-ul-Ilm Wat-Tahqeeq   This book presents the personal finance management of Prophet Muhammad (PBUH) along with economic teachings. It provides details of both the periods, i.e. period of life spent in Makkah and period of life spent in Medina. Prophet Muhammad (pbuh) lost both…

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#Islam #IslamicEconomics #LifeofMuhammad #Muhammad #ProphetMuhammad

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Moral Reflections on Economics, Vol 4, Issue 2

February 2024 issue of Moral Reflections on Economics is online. It features: Article on Liquidity Risks in Islamic Banks by Salman Ahmed Shaikh Highlights of Al Baraka Forum 2024 by Muhammad Hammad IEP Public Poll results on Al Baraka Forum 2024 Book review of Economics of Prophet Muhammad (pbuh) by Syed Fazlur Rehman Research paper in focus on Cash Waqf in Malaysia by Zaki Ahmad, Mushtaq…

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#Islamic Economics #Islamic Economics Project #Moral Reflections on Economics #Morality in Economics #Social Economics #Values in Economics

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Halal Tourism Beyond 2020

Paper Title: Halal Tourism Beyond 2020: Concepts, Opportunities and Future Research Directions Author:        Punit Moris Ekka Publisher:    Journal of Islamic Marketing, Vol. 15 (1), 42 – 58.  Muslim population comprises one-fourth of the global population. In 2060,31.1% of the 3 billion people will be Muslims. In complying with Islamic teachings, Muslims want to have Halal options of…

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#Halal #Halal Economy #Halal Goods #Halal Industry #Halal Markets #Halal Services #Halal Tourism #Halal Travel #Islamic Economics #Islamic Finance #Punit Moris Ekka

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Global Multidimensional Poverty Index 2023

Unstacking global poverty: Data for high-impact action In 2015, the 2030 Agenda for Sustainable Development and Sustainable Development Goal (SDG) 1 set out to overcome the greatest global challenge: ending poverty in all its forms. At the midpoint to 2030, people’s lives continue to be improved in multiple ways simultaneously. Globally, an array of challenges impedes poverty reduction…

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#Multidimensional Poverty Index #Poverty #Poverty 2023 #Poverty Index #Poverty Line #Poverty Measurement #Poverty Report 2023 #SDG 1 #SDG Eliminate Extreme Poverty #UN #UN SDGs

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Sustainable Development Goal and Gaza Crisis

Salman Ahmed Shaikh UN SDGs endeavour to achieve sustainable development focusing on human development, equality, peace, justice and environmental sustainability. This article shows the contrast between humanitarian catastrophe being experienced in Gaza and the lofty goals to which commitment is articulated and progress is monitored in UN SDGs. Let us see what each goal yearns for and what the…

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#Gaza Crisis #Gaza Genocide #Gaza Human Rights Violation #Hamas #International Court of Justice #Israel #Israel Apartheid State #Israel Terrorist State #Palestine #UN SDGs

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کیا روایتی مارٹگیج حلال ہے؟

سلمان احمد شیخ جناب جاوید احمد غامدی صاحب نے اپنے حالیہ عوامی لیکچرز میں اس بات کی تائید کی ہے کہ روایتی بینکوں سے اثاثہ کی خریداری کے لیے کسی بھی قسم کا قرض لینا اسلام میں جائز ہے۔ ان کا کہنا ہے کہ فائنانس لیز اور مارٹگیج فائنانسنگ سب اسلام میں جائز ہیں۔ وہ یہ بھی اصرار کرتے ہیں کہ ان معاہدوں میں کوئی ناانصافی شامل نہیں ہے۔ وہ سمجھتے ہیں کہ اثاثوں کی ملکیت حاصل کرنے کو آسان بنانے کے لیے بینکوں…

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#Finance Lease #Islamic Finance #Islamic Ijarah #Islamic Mortgage #Mortgage Finance #کیا مارٹگیج حلال ہے #کیا اسلامی بینک سے ہوم فائنانس لی جاسکتی ہے #کیا بینک کا سود حرام ہے #کیا بینک کا سود ربا ہے #کیا بینک سے قرض لیا جاسکتا ہے #اسلامی بینکاری #اسلامی بینکاری پر اعتراضات #جاوید ا��مد غامدی #ربا اور سود کا فرق

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Islam And Science: Parallel Or Perpendicular

Salman Ahmed Shaikh In simple words, science is knowledge established by observation and experimentation through an objective process. Scientific knowledge substantiates that the design, variety and balance in the universe is complex, intricate and detailed. Science tries to disentangle useful knowledge about matter so that this knowledge can be put to effective use. In light of the scientific…

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#Atheism #Islam #Islam and Atheism #Islam and Science #Muslim Scientists #Philosophy #Religion #Salman Ahmed Shaikh #Science

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Is Conventional Mortgage Halal

Salman Ahmed Shaikh In some of his recent public lectures, Javed Ahmad Ghamidi has suggested that taking any form of loan for asset purchase from conventional banks is allowable in Islam. He contends that hire purchase agreements, finance lease and mortgage loans are all allowable in Islam. He maintains that asset finance using finance lease or mortgage loans does not involve any injustice. He…

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#Al Mawrid #Bank Financing #Banking #Criticism on Islamic Banking #Finance Lease #Ghamidi #Ghamidi Center of Islamic Learning #Hassan Ilyas #Ijarah #Interest #Is Islamic Banking Really Islamic #Islamic Banking #Islamic Mortgage #Javed Ahmd Ghamidi #Javed Ghamidi View on Mortgage #Mortgage #Mufti Taqi Usmani #Riba #Usury