Shariah Compliant Economics: Paradigm Shift or Neo-imperialism Week #1 

Sunday, February 20 2011 | 10:00 PM (Greenwich Standard Time)

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About the Class

WEEK #1 - Sunday February 20, 2011 - Introduction:

The first session will introduce the background of the topic, discussing the growth of the shariah-compliant finance industry, and the role of trade and finance in Islam both historically and during the contemporary Islamic Awakening. We will cover the syllabus, explain the technological options for students and how to obtain the coursework, and the readings will be introduced along with an outline of the overall intentions of the Social Science courses offered by Islam Policy in light of the organization’s vision and purpose.

Readings:
• On Crafting Islamic Policy: The Methodology of Islamic Social Sciences. Younus Abdullah Muhammad (2010), islampolicy.com
• The Islamic Awakening. Shaikh Muhammad bin Salih al-Uthmayin. Kalamullah.com 2007. (p.29-78)
• Methodology of Economics: Secular versus Islamic. Addas, Waleed A.J.. International Islamic University Malaysia, 2008.
• Islamic Finance: A Therapy for Healing the Global Financial Crisis. Kartika Dewi, Miranti and Ferdian, Ilham Reza. International Islamic University in Malaysia, 2009.
• Islamic Economics as a Social Science: Some Methodological Issues. Mannan, M.A. Journal of Residual Islamic Economics (Vol.1, No.1 pp.41-50)
• Principles of Islamic Economics. Choudhury, Masudal Alam. Middle East Studies, Vol.19, No.1 Jan. 1983). Pp. 93-103.
• The Venture of Islam: Conscience and History in a World Civilization: The Classical Age of Islam (. Hodgson, Marshall G.S., University of Chicago Press, 1974. map of trade routes and Introduction only.
• Meccan Trade and the Rise of Islam. Crone, Patricia. Georgia Press, 2004.

Language of instruction: English

Keywords: economics, islam, shariah compliant finance, middle east, islam policy

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UmAbdurRahman
By: UmAbdurRahman
848 days 7 hours 31 minutes ago

can hear u

Asmaa Abdul Hameed
By: Asmaa Abdul Hameed
879 days 14 hours 9 minutes ago

Salaamoalaikum wa rahmatullaah,

I was waiting for something like this, jazaak Allaahu kul khair for being an answer to my duas ya akhi. I look forward to learning from you.

About Younus Abdullah Muhammad
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  • Younus Abdullah Muhammad
    Younus Abdullah Muhammad
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Profile Summary

The following is a list of the topics and readings that insha’Allah will serve as the basis for a ten week course covering the contemporary Shariah Compliant Banking Industry and critically analyzing its present state, ultimately questioning if, in fact, it presently embodies the Islamic Economic ideology. Drawing from an array of sources, lecturing and through question and answer participants will gain a dynamic understanding of the industry itself and the social, religious, political and historical forces that pull on the industry today. Students are asked to engage in as many of the readings as possible each week. Page numbers can be found in bold at the end of the citation and these are the sections that will be included in the lectures. Classes will be held every other week and will be recorded and posted on islampolicy.com for those that miss the live sessions. Al materials, all e-books, pdf’s and reading material will be provided to registrants free of charge. Participants will however be asked to produce some form of multimedia (articles, videos, audios, graphic design, etcetera) in order to better promote the ideas and concepts covered in the course as an assignment, but ultimately we seek to engage in this most important topic in a way that promotes depth of comprehension, stimulates conversation, and challenges Muslims to utilize Islamic principles and concepts in working for justice and peace. We hope you may join us; for more information email islampolicy@gmail.com

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