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Resources for Study of Islam - Collection 3 (Islamic Finance & Banking)

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Resources for Study of Islam - Collection 3 (Islamic Finance & Banking):

This upload is useful who are interested in studying the Islamic economic system. The cornerstone of the Islamic economic system is the condemnation and prohibition of usury. The Qur'an contains many verses that condemn usury in the most strongest language. In Surah # 2, Verses 275-280 we read the following:

2:275 But those who take usury will rise up on the Day of Resurrection like someone tormented by Satan’s touch. That is because they say, ‘Trade and usury are the
2:276 but God has allowed trade and forbidden usury. Whoever, on receiving God’s warning, stops taking usury may keep his past gains– God will be his judge– but whoever goes back to usury will be an inhabitant of the Fire, there to remain. God blights usury, but blesses charitable deeds with multiple increase: He does not love the ungrateful sinner.
2:277 Those who believe, do good deeds, keep up the prayer, and pay the prescribed alms will have their reward with their Lord: no fear for them, nor will they grieve.
2:278 You who believe, beware of God: give up any outstanding dues from usury, if you
true believers.
2:279 If you do not, then be warned of war from God and His Messenger. You shall have your capital if you repent, and without suffering loss or causing others to suffer loss.
2:280 If the debtor is in difficulty, then delay things until matters become easier for him; still, if you were to write it off as an act of charity, that would be better for you, if only you knew.

and in Surah #3, Verse 130, we read:

3:130 You who believe, do not consume usurious interest, doubled and redoubled. Be mindful of God so that you may prosper–

and in Surah #30, Verse 39, we read:

30:39 Whatever you lend out in usury to gain value through other people’s wealth will not increase in God’s eyes, but whatever you give in charity, in your desire for God’s approval, will earn multiple rewards.

This upload contains 33 titles. There are 19 titles in the main directory:

- Abdul-Rahman - The Art of Islamic Banking and Finance (2010)

- Ahmad - Studies in Islamic Economics (1980)

- Al-Amine - Risk Management in Islamic Finance (2008)

- Al-Nabhani - The Economic System of Islam (1997)

- Anwar - Modelling Interest-Free Economy; A Study in Macroeconomics and Development (1987)

- Chapra - Toward a Just Monetary System (1985)

- Da'wah Academy - Economic Theory In Islam (1996)

- El-Gamal - Islamic Finance. Law, Economics and Practice (2006)

- Gafoor - Islamic Banking and Finance - Another Approach

- Hassan & Lewis - Handbook of Islamic Banking (2007)

- Khan - Islamic Economics; Annotated Resources in English and Urdu (1983)

- Khan - Towards an Interest-Free Islamic Economic System (1985)

- Khorshid - Islamic Insurance; A Modern Approach to Islamic Banking (2004)

- Shanmugam & Zahari - A Primer on Islamic Finance (2009)

- Siddiqi - Issues in Islamic Banking; Selected Papers (1983)

- Thomas - Interest in Islamic Economics; Understanding Riba (2006)

- Usmani - Introduction to Islamic Finance (1998)

- Vemardos – Islamic Banking & Finance in Southeast Asia; Its Development & Future (2005)

- Yunus - Creating A World Without Poverty; Social Business and the Future of Capitalism (2007)

And there are 14 titles in the subdirectory: History & Criticism of Usury:

- Blaxton - The English Usurer, or Usury Condemned (1634)

- Blot Out; Usury, the Cause of Crime, Poverty, Prostitution and War

- Bohm-Bawerk – Capital and Interest; A Critical History of Economical Theory (1922)

- Elliott - Usury; A Scriptual, Ethican and Economic View (1902)

- Harvey - Usury the Scourge of Nations (1870)

- Kellog - A New Monetary System (1875)

- Kern - Bible vs. Usury (1884)

- Lina - The Fight Against Usury (2004)

- Louis Even - Money Myth Exploded

- Murray - The History of Usury (1866)

- O'Callaghan - Usury, Funds, Banks (1834)

- Rose - The Churches and Usury or The Morality of Five per Cent

- Whipple - Free Trade in Money (1855)