{"product_id":"usury-unbound-the-struggle-for-shariah-compliance-islamic-finance","title":"Usury Unbound: The Struggle for Shari'ah Compliance – Islamic Finance","description":"\u003cp\u003e\u003cstrong\u003eUsury Unbound: The Struggle for Shari'ah Compliance – Islamic Finance\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem data-end=\"474\" data-start=\"421\"\u003eUsury Unbound: The Struggle for Shari'ah Compliance\u003c\/em\u003e by Wasim A. Ismail provides a detailed examination of Riba (usury), one of the most significant issues facing Muslims in contemporary financial systems. The book explores the foundations of Islamic finance, the prohibition of Riba in Islam, and the challenges Muslims encounter when navigating conventional banking and economic structures. Through historical analysis, practical examples, and discussions of modern financial instruments, the author explains how usury impacts justice, equity, and social responsibility within society. The work also examines Islamic alternatives such as Murabahah, Musharakah, Mudarabah, and Ijarah, helping readers understand pathways toward genuine Shari'ah compliance. This book is an essential resource for students of Islamic economics, finance professionals, and Muslims seeking ethical financial guidance.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFrom Author:\u003c\/strong\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIn a world driven by complex economic instruments, where conventional banking systems reign supreme, Muslims are confronted with the dire need to delve deep into the heart of Islamic finance to illuminate the concept of Ribā and its profound implications on our way of life in search for Sharī'ah Compliance.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eThe concept of Usury lies at the very core of Islamic financial principles. This book journeys through centuries of wisdom and understanding, exploring how Usury affects the principles of equity, justice, and social responsibility inherent in Islamic economics. As we face a complex and ever-evolving global financial landscape, the need to comprehend this concept becomes more pressing than ever. This book offers an insightful analysis of how Usury corrupts and disrupts the balance of fairness and ethics, and its impact on society at large.\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003eAs we stand at the crossroads of economic morality, the need for an indispensable guide becomes pronounced, to navigate the intricate relationship between Islamic principles and contemporary banking practices. It is a timely call to reevaluate our financial systems, envision a more just economic system, and embark on a path toward financial integrity. The fundamental question remains... How do we, caught in this perpetual tempest of Usury, navigate the sea of modern finance and economics?\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eContent:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e1. Understanding Riba in Islam\u003c\/strong\u003e\u003cbr\u003eExplains the Islamic concept of Riba and its prohibition.\u003cbr\u003eExamines Qur'anic and Prophetic teachings regarding usury.\u003cbr\u003eHighlights the spiritual, moral, and economic implications of interest-based transactions.\u003cbr\u003e\u003cstrong\u003e2. History of Banking and Finance\u003c\/strong\u003e\u003cbr\u003eTraces the development of financial practices from early trade systems to modern banking.\u003cbr\u003eDiscusses bills of exchange, money lending, and the role of goldsmiths in the emergence of banking.\u003cbr\u003eExplains how historical financial mechanisms evolved into contemporary institutions.\u003cbr\u003e\u003cstrong\u003e3. How Modern Banking Functions\u003c\/strong\u003e\u003cbr\u003eAnalyzes the structure of conventional banking systems.\u003cbr\u003eExplains money creation through lending and debt expansion.\u003cbr\u003eChallenges common assumptions about banks as simple financial intermediaries.\u003cbr\u003e\u003cstrong\u003e4. Bank Interest and Riba\u003c\/strong\u003e\u003cbr\u003eInvestigates whether modern bank interest differs from the Riba prohibited in Islam.\u003cbr\u003eReviews arguments commonly used to distinguish contemporary interest from classical usury.\u003cbr\u003eEvaluates these claims through Islamic legal principles.\u003cbr\u003e\u003cstrong\u003e5. Inflation and Interest\u003c\/strong\u003e\u003cbr\u003eDiscusses the argument that interest compensates lenders for inflation.\u003cbr\u003eExamines the economic effects of inflation on both lenders and borrowers.\u003cbr\u003ePresents a critique of using inflation as a justification for interest.\u003cbr\u003e\u003cstrong\u003e6. Critique of Common Justifications\u003c\/strong\u003e\u003cbr\u003eAddresses arguments related to low versus high interest rates.\u003cbr\u003eExamines analogies between interest and rent.\u003cbr\u003eDiscusses government regulation, investment bonds, and other contemporary financial products.\u003cbr\u003eEvaluates these positions through Islamic jurisprudential reasoning.\u003cbr\u003e\u003cstrong\u003e7. Shari'ah-Compliant Financial Principles\u003c\/strong\u003e\u003cbr\u003eIntroduces key concepts of Islamic finance.\u003cbr\u003eEmphasizes fairness, shared risk, and ethical economic conduct.\u003cbr\u003eEncourages alternatives to interest-based financial systems.\u003cbr\u003e\u003cstrong\u003e8. Economic Ethics and Social Justice\u003c\/strong\u003e\u003cbr\u003eExplores the relationship between finance, morality, and social responsibility.\u003cbr\u003eHighlights the Islamic emphasis on justice and equity in economic transactions.\u003cbr\u003eEncourages reflection on the broader societal effects of debt-based economies.\u003c\/p\u003e","brand":"IRON HEART PUBLISHING","offers":[{"title":"Default Title","offer_id":48145549852910,"sku":"Usury-Unbound-islamicbrands-67","price":29.98,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0716\/0843\/4926\/files\/Usury_Unbound_The_Struggle_for_Shari_ah_Compliance_Islamic_Finance_01.jpg?v=1781346968","url":"https:\/\/islamicbrands.org\/ar\/products\/usury-unbound-the-struggle-for-shariah-compliance-islamic-finance","provider":"Islamicbrands.org","version":"1.0","type":"link"}