Islamic Law & Finance

Michael Lecker

The "Constitution of Medina"

Muḥammad's First Legal Document

2024

The ‘Constitution of Medina’ is probably the first legal document of Muḥammad and dates back to the first year after his hijra (622 CE), or “emigration”, which brought him from his hometown Mecca to the cluster of towns known as Yathrib or Medina in the Hijāz (northern Arabia) and marked the beginning of the Islamic era. Muslim historians and jurists have been familiar with this important document for centuries, and aware of its legal and theological implications for Islamic law. It was first brought to the attention of s...
more »

Nadia Naim

Islamic Legal Principles and Intellectual Property Rights in the Gulf States

2023

The book focuses on the relationship between Islamic law and intellectual property law and proposes groundbreaking alternatives to better support the growth of intellectual property in line with the Islamic moral economy. The author provides an overview of the development of intellectual property under Shariah principles in the Gulf States. She focuses on how the US and the EU have shaped the intellectual property regimes in the Gulf States, the WTO and WIPO in the pre-TRIPS era, and compliance with the minimum standards o...
more »

Carool Kersten

The Fatwa as an Islamic Legal Instrument: Concept, Historical Role, Contemporary Relevance

Set, Volumes 1-3

2018

One of the most misunderstood aspects of Islamic legal practice and thought is the role and position of fatwas or legal opinions. This three-volume reference work offers a comprehensive overview of and detailed insights into - the concept of the fatwa as a vehicle of legal opinion-making in Islam - its historical role in different parts of the Muslim world - and contemporary debates reflecting both the fatwa's enduring relevance and its ongoing contestation among Muslims today....
more »

David Price, Alhanoof AlDebasi

Intellectual Property Rights: Development and Enforcement in the Arab States of the Gulf

2017

This volume includes a range of topics addressing aspects of the current status of intellectual property (IP) protection regimes in the Gulf Cooperation Council and its individual member states, and aspiring GCC members Jordan and Yemen. It examines the opportunities and challenges facing the GCC in becoming a real union with common, or at least harmonized, IP laws and regulations, while still allowing flexibility for domestic imperatives and interests. IP is a crucial part of commercial and trade activity which the GCC need...
more »

Mehmet Asutay, Abdullah Q. Turkistani

Islamic Finance: Political Economy, Values and Innovation

Volume 1

2016

Islamic finance has had a transformational impact on markets well beyond the Muslim world. This development has been the outcome of various stakeholders and agencies interacting to develop a political economy based on Islamic values to generate religiously and culturally authentic financial institutions and instruments. The studies presented in this volume discuss these interactions through specific examples from the GCC countries, supported by comparative perspctives, in order to articulate the development and consequences...
more »

Mehmet Asutay, Abdullah Q. Turkistani

Islamic Finance: Risk, Stability and Growth

Volume 2

2016

In response to the recent global financial crisis, Islamic finance, as a religiously authentic proposition, has shown resilience throuh its inherited principles such as risk sharing and the avoidance of speculation. Such approaches have provided stability, which in turn has brought unprecedented growth to the sector. The studies in this volume focus on examples in the GCC countries to provide empirical analysis of the risk aspects of Islamic finance, to test its stability, identify its growth trajectories, and measure its im...
more »

Mehmet Asutay, Abdullah Q. Turkistani

Islamic Finance: Performance and Efficiency

Volume 3

2016

The growth, stability and resilience of Islamic finance is now a well established fact. However, in order to achieve sustainable growth the Islamic finance industry has to be able to maintain its competitive edge by generating higher efficiency and performance. The studies in this volume aim at providing empirical and comparative perspectives on the performance and efficiency of the Islamic finance industry through a number of econometric models, with a specific focus on the GCC countries supported by comparative cases....
more »

Mehmet Asutay, Abdullah Q. Turkistani

Islamic Finance - Political Economy, Performance and Risk.

Set, 3 volumes

2015

This collection of new research brings together state of the art thinking by 45 experts from academia and business on all key aspects of Islamic Finance. Individual volumes deal with the key issues of: Political Economy, Values and Innovation; Risk, Stabilty and Growth; Performance and Efficiency. - Volume 1 Political Economy, Values, and Innovation - Volume 2 Risk, Stability and Growth - Volume 3 Performance and Efficiency...
more »