Islamic Wealth Management

Islamic Wealth Management
Author: Mohamed Ariff
Publisher: Edward Elgar Publishing
Total Pages: 417
Release: 2017-12-29
Genre: Finance
ISBN: 1786439395

From an Islamic perspective, although the ownership of wealth is with God, humans are gifted with wealth to manage it with the objective of benefiting the human society. Such guidance means that wealth management is a process involving the accumulation, generation, purification, preservation and distribution of wealth, all to be conducted carefully in permissible ways. This book is the first to lay out a coherent framework on how wealth management should be conducted in compliance with guiding principles from edicts of a major world religion.

Complex Ownership Structures and Corporate Valuations

Complex Ownership Structures and Corporate Valuations
Author: Luc Laeven
Publisher: International Monetary Fund
Total Pages: 44
Release: 2007-06
Genre: Business & Economics
ISBN:

The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we question the empirical validity of this dichotomy. In fact, one-third of publicly listed firms in Europe have multiple large owners, and the market value of firms with multiple blockholders differs from firms with a single large owner and from widely-held firms. Moreover, the relationship between corporate valuations and the distribution of cash-flow rights across multiple large owners is consistent with the predictions of recent theoretical models.

Menu Planning

Menu Planning
Author: Hector Moura
Publisher:
Total Pages: 297
Release: 2018-02-22
Genre: Business & Economics
ISBN: 9781635497366

There has been an immense rise in the hotel and restaurant industry which has added to the significance of menu planning. There are separate menus for beverages and food. The food menus can be further divided into �-la-carte menus and buffet menus. The art of menu planning requires a good understanding of the cuisine being offered, the required ingredients and cost calculation. This book provides comprehensive insights into the field of menu planning. It is an appropriate guide for those seeking detailed information in this area.

Islamic Social Finance

Islamic Social Finance
Author: Valentino Cattelan
Publisher: Routledge
Total Pages: 335
Release: 2018-08-06
Genre: Business & Economics
ISBN: 1351987437

The current dynamics of world economy show remarkable changes in the socio-economics of credit provision and entrepreneurship. If the emergence of the sharing economy is fostering innovative models of collaborative agency, networking and venture business, economic actors are also looking for a more sustainable development, able to foster profitability as well as community welfare. This book investigates Islamic social finance as a paramount example of this economy under change, where the balance between economic efficiency and social impact is contributing to the transformation of the market from an exchange- to a community-oriented institution. The collected essays analyse the social dimension of entrepreneurship from an Islamic perspective, highlighting the extent to which the rationales of "sharing," distribution and cooperation, affect the conceptualization of the market in Islam as a place of "shared prosperity." Moving from the conceptual "roots" of this paradigm to its operative "branches," the contributing authors also connect the most recent trends in the financial market to Shari‘ah-based strategies for community welfare, hence exploring the applications of Islamic social finance from the sharing economy, FinTech and crowdfunding to microcredit, waqf, zakat, sukuk and green investments. An illuminating reference for researchers, practitioners and policy-makers dealing with the challenges of a global market where not only is diversity being perceived as a value to be fostered, but also as an important opportunity for a more inclusive economy for everybody.

Family Business Continuity in the Middle East and Muslim World

Family Business Continuity in the Middle East and Muslim World
Author: Fadi Hammadeh
Publisher: Bookbaby
Total Pages: 0
Release: 2018-04-30
Genre: Business & Economics
ISBN: 9781543925586

What does it take to ensure family business continuity into future generations? In Family Business Continuity in the Middle East & Muslim World: Betting Against the Odds, Fadi Hammadeh, a seasoned legal professional and intellectual offers a surprising answer to readers. In elegant and delightful prose, the author exposes the enviable role that family business plays in society in the Middle East and its contribution to the area's non-oil GDP. In this book, readers will understand the four pillars of successful succession planning, learn strategies on managing family conflict, discover great leadership skills, and find the tools they need to create an effective family business strategy. In the Gulf Cooperation Council alone, it is anticipated that more than one trillion US dollars will change hands from one generation to another over the next decade. The peaceful generational transition of wealth is not guaranteed, however, owing to the absence of viable and tested legal and governance frameworks. The issue of family business succession planning in the Middle East and Muslim world is further complicated by the impact of forced heirship rules under Sharia law. Family Business Continuity in the Middle East & Muslim World: Betting Against the Odds illustrates the methods these firms can use to ensure the continued success of both the business and the family.

Islamic Gunpowder Empires

Islamic Gunpowder Empires
Author: Douglas E. Streusand
Publisher: Routledge
Total Pages: 610
Release: 2018-05-04
Genre: Political Science
ISBN: 0429979215

Islamic Gunpowder Empires provides readers with a history of Islamic civilization in the early modern world through a comparative examination of Islam's three greatest empires: the Ottomans (centered in what is now Turkey), the Safavids (in modern Iran), and the Mughals (ruling the Indian subcontinent). Author Douglas Streusand explains the origins of the three empires; compares the ideological, institutional, military, and economic contributors to their success; and analyzes the causes of their rise, expansion, and ultimate transformation and decline. Streusand depicts the three empires as a part of an integrated international system extending from the Atlantic to the Straits of Malacca, emphasizing both the connections and the conflicts within that system. He presents the empires as complex polities in which Islam is one political and cultural component among many. The treatment of the Ottoman, Safavid, and Mughal empires incorporates contemporary scholarship, dispels common misconceptions, and provides an excellent platform for further study.

Contemporary Arab Thought

Contemporary Arab Thought
Author: Elizabeth Suzanne Kassab
Publisher: Columbia University Press
Total Pages: 513
Release: 2010
Genre: History
ISBN: 0231144881

During the second half of the twentieth century, the Arab intellectual and political scene polarized between a search for totalizing doctrines--nationalist, Marxist, and religious--and radical critique. Arab thinkers were reacting to the disenchanting experience of postindependence Arab states, as well as to authoritarianism, intolerance, and failed development. They were also responding to successive defeats by Israel, humiliation, and injustice. The first book to take stock of these critical responses, this volume illuminates the relationship between cultural and political critique in the work of major Arab thinkers, and it connects Arab debates on cultural malaise, identity, and authenticity to the postcolonial issues of Latin America and Africa, revealing the shared struggles of different regions and various Arab concerns.

Knowledge in Later Islamic Philosophy

Knowledge in Later Islamic Philosophy
Author: Ibrahim Kalin
Publisher: Oxford University Press
Total Pages: 338
Release: 2010-04-01
Genre: Philosophy
ISBN: 0199739587

This study looks at how the seventeenth-century philosopher Sadr al-Din al-Shirazi, known as Mulla Sadra, attempted to reconcile the three major forms of knowledge in Islamic philosophical discourses: revelation (Qur'an), demonstration (burhan), and gnosis or intuitive knowledge ('irfan). In his grand synthesis, which he calls the 'Transcendent Wisdom', Mulla Sadra bases his epistemological considerations on a robust analysis of existence and its modalities. His key claim that knowledge is a mode of existence rejects and revises the Kalam definitions of knowledge as relation and as a property of the knower on the one hand, and the Avicennan notions of knowledge as abstraction and representation on the other. For Sadra, all these theories land us in a subjectivist theory of knowledge where the knowing subject is defined as the primary locus of all epistemic claims. To explore the possibilities of a 'non-subjectivist' epistemology, Sadra seeks to shift the focus from knowledge as a mental act of representation to knowledge as presence and unveiling. The concept of knowledge has occupied a central place in the Islamic intellectual tradition. While Muslim philosophers have adopted the Greek ideas of knowledge, they have also developed new approaches and broadened the study of knowledge. The challenge of reconciling revealed knowledge with unaided reason and intuitive knowledge has led to an extremely productive debate among Muslims intellectuals in the classical period. In a culture where knowledge has provided both spiritual perfection and social status, Muslim scholars have created a remarkable discourse of knowledge and vastly widened the scope of what it means to know. For Sadra, in knowing things, we unveil an aspect of existence and thus engage with the countless modalities and colours of the all-inclusive reality of existence. In such a framework, we give up the subjectivist claims of ownership of meaning. The intrinsic intelligibility of existence, an argument Sadra establishes through his elaborate ontology, strips the knowing subject of its privileged position of being the sole creator of meaning. Instead, meaning and intelligibility are defined as functions of existence to be deciphered and unveiled by the knowing subject. This leads to a redefinition of the relationship between subject and object or what Muslim philosophers call the knower and the known.