An exposition of Islamic mysticism by a Sufi scholar.

After more than 40 years of practice, the Islamic finance industryis composed of products with claim of Islamicity but questionable on theirShariʽah credentials. The industry is increasingly exposed to cynicism anddecline in popular interest. This paper restates the essence of riba prohibitionfrom an economic perspective. It evaluates the Shariʽah scholars approach tovalidation of contracts as well as the monetary authorities’ attitude towards theShariʽah content of Islamic finance transactions. It points out the advantagesof Islamic finance within an Islamic macroeconomic environment. It (...) looks intothe problem of convergence of Islamic finance to conventional finance, andreasons behind the convergence. This study finds that several violations of thetrue paradigm of Islamic finance are because of its advantages being all externaland impossible to internalize. The paper concludes with some proposals forchecking the convergence. (shrink)

Many question whether Islam and science can be compatible. In the first six hundred years of Islam, Muslims addressed all fields of knowledge available to them with unprecedented zeal and contributed immensely to the knowledge that became the precursor of the Renaissance in Europe. The Tatar invasion in the thirteenth century and the total destruction of Baghdad, the Muslim capital of knowledge and science, followed by the crusades, the ensuing hostility between East and West, and Western colonialism of Muslim countries (...) led to a distrust of all knowledge emanating from the West. Such distrust closed the doors to ijtihad, a dynamic method in Islamic jurisprudence for addressing change, new demands, and new acquired knowledge, even though the Qur'an challenges Muslims to think, contemplate, understand, comprehend, and examine everything around them—tasks that bring humankind closer to God as they find methods to apply God's laws of justice and equity to the benefit of all humankind. Islam is the religion of yusr (ease) and not ‘usr (hardship). The creation of the world was for human benefit and use. Innovation for such beneficial use and application is a must. (shrink)

al-juzʼ 1. Min alif ilá sīn. -- al-juzʼ 2. Min shīn ilá yāʼ.

al-mujallad al-awwal. al-Qayim al-īmānīyah wa-al-qiyam al-ijtimāʻīyah -- al-mujallad al-thānī. al-Qiyam al-akhlāqīyah -- al-mujallad al-thālith. -- al-Qiyam al-siyāsīyah wa-al-idārīyah wa-al-qiyam al-iqtiṣādīyah -- al-mujallad al-rābiʻ. al-Qiyam al-ʻilmīyah wa-al-qiyam al-ṣiḥḥīyah wa-al-bīʼah wa-al-qiyam al-wajdānīyah wa-al-jamālīyah.

Muhammad al-Shahrastani, the famous Muslim theologian of the 12th century and author of the Book of Religious and Philosophical Sects, was greatly influenced by Ismaili teachings. In this work al-Shahrastani refutes the metaphysics of Ibn Sina (Avicenna) from an Ismaili point of view.

_Islamic Ethics and the Trusteeship Paradigm_ offers a highly relevant and needed introduction to the various interpretations and applications of the trusteeship ethical theory as developed by the Moroccan philosopher Taha Abderrahmane (b. 1944). يُقدم كتاب "الأخلاق الإسلامية ونسق الائتمانية" دراسات نقدية مقارنة للنظرية الأخلاقية الإسلامية المعاصرة كما طورها الفيلسوف المغربي طه عبد الرحمن (و. 1944م)، وتتميز هذه الدراسات بأنها تأتي من حقول وتخصصات متعددة.

Good and evil; religious aspects; Islam.