تتمثل مشكلة البحث في وجود مستجدات اقتصادية متنوعة ومشتقات مالية مستحدثة ومتغيرة تحتاج إلى رأي الش... more تتمثل مشكلة البحث في وجود مستجدات اقتصادية متنوعة ومشتقات مالية مستحدثة ومتغيرة تحتاج إلى رأي الشارع الحكيم، مما يبرر الحاجة إلى وجود عالم الاقتصاد الإسلامي المتسلح بمجموعة من الأسلحة الشرعية منها أصول الفقه أساسا. لذا فإن البحث يهدف إلى دراسة العلاقة مابين علم أصول الفقه كضابط لفقه الواقع ومابين النظرية الاقتصادية الإسلامية بكل مستجداتها وتنوع فروعها. منطلقين من فرضية فحواها لا بد للاقتصاد الإسلامي من ضوابط كي يجابه متغيرات العصر، قد يكون أبرزها علم أصول الفقه. ولتحقيق هدف البحث وإثبات فرضيته، فقد قسم البحث إلى مبحثين، تناول الأول: مقاربة بين علم أصول الفقه وعلم الاقتصاد الإسلامي، أما المبحث الثاني فقد تطرق إلى محاولة معرفة حدود العلاقة مابين علم أصول الفقه وعلم الاقتصاد الإسلامي.
This research aims to determine the effects that can be caused to the goals of human development ... more This research aims to determine the effects that can be caused to the goals of human development as a result of usury. The including on the hypothesis of the research includes that the usury effects in advacing the goals of human development. To achieve the goal of the research and prove his hypothesis, it has divided into five parts. The first deals with the development of the concept of Human Development in the light of the Human Development Reports since 1990. The second deals with the meaning of usury in terms of language and terminology. The third part has looked at the evidences from (Quran and Sunah) that prohibit usury. The Fourth part deals with the kinds of usury. The last part deals with the usury effects in Human Development through the study of some economic variables. The research proved the hypothesis, that there are negative effects of usury, became clean through the analysis f these variables, that it retards the advancement of the goals of human development. hinder promoting the goals of human development. key words: Interest, Human Development
Purpose: The purpose of this paper is to crystallize the theoretical basis for the
possibility of... more Purpose: The purpose of this paper is to crystallize the theoretical basis for the possibility of establishing waqf companies and their requirements as one of the innovative financing formulas for the advancement of waqf assets. Background: The Waqf in our Islamic world has great responsibilities, which cannot be affordable due to the declining returns stemming on several reasons which in course affect its origin negatively. The research suggests a new and contemporary formula for the establishment of the Waqf. The specifications of these formulas should not contradict the provisions of the waqf, nor the prevailing laws and regulations. These formulas can be derived from the experience of the Western world in the establishment of endowment companies formed through public subscription. Methodology: The study reviews the extant literature relevant, Corporate Laws in selected Islamic countries. Findings: The researcher proposed to ensure the permanence and success of the waqf companies, enactment of a special law for these companies is a mixture of the interaction of the Companies Law with the Waqf Law, as well as the Non-Profit Institutions Law, covering all aspects related to the Waqf company’s privacy in the proposed legislation. Keywords: Waqf, Waqf Companies, Corporate Law.
This work deals with Islamic bank an additional consequences for social responsibility
relating t... more This work deals with Islamic bank an additional consequences for social responsibility relating to the ethical dimensions stemming from the spirit of faith in Islamic law. The research problem is answering the main question (Are Islamic banks operating the social responsibility in the environment which it belongs to). Research aims to achieve the demonstrate distinction of social responsibility concept in Islamic thought, compared with what it is in Western thought, demonstrate the reality of applying social responsibility in the Islamic banking and clarify the relationship between the financial instruments of Islamic banks and social responsibility Research is characterized from its predecessor by contribution to the elaboration of the concept of social responsibility through the privacy of Islamic thought and distinguish it from Western thought, highlighting the role of financial instruments of Islamic banks in the promotion of social responsibility, and demonstrate the role of contemporary Islamic financial services and its role in upgrading social responsibility.
مجلة الاجتهاد للدراسات القانونية والاقتصادية, 2017
The challenges of Islamic banking in Libya
Abstract
Libya delayed for joining the Islamic banking... more The challenges of Islamic banking in Libya Abstract Libya delayed for joining the Islamic banking, which started in 2009. This imposes a heavy responsibility on officials in order to accelerate the process of transferring and reducing the time needed. Accordingly, the paper aims to identify the main challenges facing the Islamic banking business in terms of its developmental role. In order to achieve this goal, the paper is divided into two sections, the first intake the challenges in terms of the internal level for banks (legal and legitimate framework), also in terms of the allocated amounts to the financing and prevailing financial derivatives, while the second dealt with the prospects of developing the banking business. A brief overview about the reality of Islamic banking in Libya was preceded in the beginning.
Global Business and Management Research: An International Journal, 2016
Abstract
Purpose: The purpose of this paper is to show the role of charity sector by enabling une... more Abstract Purpose: The purpose of this paper is to show the role of charity sector by enabling unemployed through Islamic endowments. One of the most important endowment kinds is cash waqf, which was authorized by Maliki position and others. This paper focuses on endowments fund as a type of cash waqf. Background: Most of the important challenges, that face the Islamic nation, have been reflected in the economic side. Most importantly are: the decline in per capita in GNP, the widespread of poverty and the prevalence of the phenomenon of unemployment which represents a grave danger that increased among youth. The rate of unemployment requires necessary treatment or else it will be hotbeds for terrorism, corruption, and crimes. Global experience has shown that the most successful method for the treatment of unemployment is through microfinance. But these kinds of projects require funding which Islamic governments failed to provide. We need to search for new sources of financing. Design/ methodology/ approach: The study reviews the extant literature relevant cases and provides some successful experiments in selected Islamic countries. Findings: The paper adopted several methods of formatting endowment funds: at the case of keeping standing endowment funds or by establishment of new endowment funds, also in the case of funding the small entrepreneurs by the waqf owner himself. Research implications: To activate endowment funds we suggest developing it to a financing instrument for microfinance. Keywords: Cash waqf, endowment funds, small projects, microfinance
One of the most devastating economic challenges facing the Muslim world
is the increasing rate of... more One of the most devastating economic challenges facing the Muslim world is the increasing rate of unemployment, which has devastated the youth and has become alarming. The phenomenon of unemployment has reached level that threatens the future of this generation which is seen as the pillar and key factor for the growth of the entire Ummah. There are many ways to curb the disease of unemployment; however, the discussion in this research focuses on the role of small business due to its global merits and achievement in reducing and eliminating unemployment. The paper would approach it in a new dimension stressing more on the role of the Prophetic (Sunnah) tradition in the administration and financing of small businesses. The paper initiates its discussion with a theory which states that: there are some acts reported in the Sunnah that can contribute to reduction of unemployment and can be harnessed to finance and administer small businesses. This research aims at compiling hadith related to administration of small business and ways to financing it. It also derives fundamental basis which can be easily neglected in contemporary deals. The paper also attempts to proffer practicable proposal to guide small business in light of Sunnah. In order to actualise the very of objectives of the paper and to address its challenges, it has been categorised into three, namely: small projects, Sunnah guidance for employers, financing of small projects/businesses in line with Prophetic requirements. The research finds multiple results among which are: the Prophet (May Allah bless him) (Sunnah Amaliyyah) gives directions in his tradition on strategies for financing small businesses as means to combat unemployment. .Keywords: Small businesses, Sunnah
The shortage of funding scientific research affect negatively the future of science in universiti... more The shortage of funding scientific research affect negatively the future of science in universities and scientific research centers in the Islamic world. Which requires search for new sources of funding to cover it. Research trying to show the role of the endowment in supporting scientific research, which scored prominent effects in this area across the Islamic historical experience and recorded impressive results today at the Western universities who featured the first places on the world rankings. The research seeks to answer the following questions: What is the role played by the Islamic Waqf in our world in the field of scientific research? What role currently played by the Waqf in the Western world in the field of supporting scientific research? Is it possible for Waqf to contribute at the present time, in supporting scientific research, and what are the main forms of activation it?
وتبرز أهمية الموضوع الذي بين أيدينا)حكم الوقف في أدوات الإنتاج( من خلال الآتي:
1-1 معظم اقتصادات ... more وتبرز أهمية الموضوع الذي بين أيدينا)حكم الوقف في أدوات الإنتاج( من خلال الآتي: 1-1 معظم اقتصادات عالمنا الإسلامي والعربي تعاني من ظاهرة البطالة، حتى باتت نسبتها المئوية تقترب من الرقم ذي المرتبتين، وأصبحت غالبية شعوبنا العربية والإسلامية تقع تحت ما يسمى بخط الفقر. 2-2 من الحلول الناجعة على المستوى العالمي للحد من ظاهرة البطالة والفقر تجربة إعانة العاطلين والفقراء للبحث عن فرص للعمل، تنهض بمستواهم المعيشي، من خلال المشاريع الصغيرة التي تسهم في توفير فرص العمل الملائمة لهم، إلا أنَّ هذه المشاريع تعاني غالبًا من نقص رؤوس الأموال اللازمة للنهوض بها، وبضمنها أدوات الإنتاج؛ التي تعد من أبرز مكونات رأس المال. 3-3 توفير أدوات الإنتاج يمكن أن يكون بأشكال متنوعة؛ منها وقفها. أما الهدف من هذا الموضوع فهو: تبيان مشروعية هذا النوع من الوقف، وأحكامه، وصوره، ومتعلقاته، كونه من النوازل التي يُلجأ إليها عند الحاجة لحل معضلات العصر. ينطلق الموضوع من فرضية فحواها: أن وقف أدوات الإنتاج مباحٌ شرعًا، ويمكن أن يسهم في الحد من المعضلات التي تجابه اقتصاداتنا الإسلامية والعربية، أما هيكلية الموضوع فقد تم تقسيمها بحسب العناصر الاسترشادية التي أوصت بها اللجنة المشرفة على المنتدى. وقد استخدم الباحث المنهج "الاستنباطي" في محاولته لإيجاد الدليل المناسب لإثبات فرضية البحث، دون إهماله للمنهج "الاستقرائي" في تحديد صور ومتعلقات وقف أدوات الإنتاج، وشروطه، وأشكال تأجيره.
تتمثل مشكلة البحث في وجود مستجدات اقتصادية متنوعة ومشتقات مالية مستحدثة ومتغيرة تحتاج إلى رأي الش... more تتمثل مشكلة البحث في وجود مستجدات اقتصادية متنوعة ومشتقات مالية مستحدثة ومتغيرة تحتاج إلى رأي الشارع الحكيم، مما يبرر الحاجة إلى وجود عالم الاقتصاد الإسلامي المتسلح بمجموعة من الأسلحة الشرعية منها أصول الفقه أساسا. لذا فإن البحث يهدف إلى دراسة العلاقة مابين علم أصول الفقه كضابط لفقه الواقع ومابين النظرية الاقتصادية الإسلامية بكل مستجداتها وتنوع فروعها. منطلقين من فرضية فحواها لا بد للاقتصاد الإسلامي من ضوابط كي يجابه متغيرات العصر، قد يكون أبرزها علم أصول الفقه. ولتحقيق هدف البحث وإثبات فرضيته، فقد قسم البحث إلى مبحثين، تناول الأول: مقاربة بين علم أصول الفقه وعلم الاقتصاد الإسلامي، أما المبحث الثاني فقد تطرق إلى محاولة معرفة حدود العلاقة مابين علم أصول الفقه وعلم الاقتصاد الإسلامي.
This research aims to determine the effects that can be caused to the goals of human development ... more This research aims to determine the effects that can be caused to the goals of human development as a result of usury. The including on the hypothesis of the research includes that the usury effects in advacing the goals of human development. To achieve the goal of the research and prove his hypothesis, it has divided into five parts. The first deals with the development of the concept of Human Development in the light of the Human Development Reports since 1990. The second deals with the meaning of usury in terms of language and terminology. The third part has looked at the evidences from (Quran and Sunah) that prohibit usury. The Fourth part deals with the kinds of usury. The last part deals with the usury effects in Human Development through the study of some economic variables. The research proved the hypothesis, that there are negative effects of usury, became clean through the analysis f these variables, that it retards the advancement of the goals of human development. hinder promoting the goals of human development. key words: Interest, Human Development
Purpose: The purpose of this paper is to crystallize the theoretical basis for the
possibility of... more Purpose: The purpose of this paper is to crystallize the theoretical basis for the possibility of establishing waqf companies and their requirements as one of the innovative financing formulas for the advancement of waqf assets. Background: The Waqf in our Islamic world has great responsibilities, which cannot be affordable due to the declining returns stemming on several reasons which in course affect its origin negatively. The research suggests a new and contemporary formula for the establishment of the Waqf. The specifications of these formulas should not contradict the provisions of the waqf, nor the prevailing laws and regulations. These formulas can be derived from the experience of the Western world in the establishment of endowment companies formed through public subscription. Methodology: The study reviews the extant literature relevant, Corporate Laws in selected Islamic countries. Findings: The researcher proposed to ensure the permanence and success of the waqf companies, enactment of a special law for these companies is a mixture of the interaction of the Companies Law with the Waqf Law, as well as the Non-Profit Institutions Law, covering all aspects related to the Waqf company’s privacy in the proposed legislation. Keywords: Waqf, Waqf Companies, Corporate Law.
This work deals with Islamic bank an additional consequences for social responsibility
relating t... more This work deals with Islamic bank an additional consequences for social responsibility relating to the ethical dimensions stemming from the spirit of faith in Islamic law. The research problem is answering the main question (Are Islamic banks operating the social responsibility in the environment which it belongs to). Research aims to achieve the demonstrate distinction of social responsibility concept in Islamic thought, compared with what it is in Western thought, demonstrate the reality of applying social responsibility in the Islamic banking and clarify the relationship between the financial instruments of Islamic banks and social responsibility Research is characterized from its predecessor by contribution to the elaboration of the concept of social responsibility through the privacy of Islamic thought and distinguish it from Western thought, highlighting the role of financial instruments of Islamic banks in the promotion of social responsibility, and demonstrate the role of contemporary Islamic financial services and its role in upgrading social responsibility.
مجلة الاجتهاد للدراسات القانونية والاقتصادية, 2017
The challenges of Islamic banking in Libya
Abstract
Libya delayed for joining the Islamic banking... more The challenges of Islamic banking in Libya Abstract Libya delayed for joining the Islamic banking, which started in 2009. This imposes a heavy responsibility on officials in order to accelerate the process of transferring and reducing the time needed. Accordingly, the paper aims to identify the main challenges facing the Islamic banking business in terms of its developmental role. In order to achieve this goal, the paper is divided into two sections, the first intake the challenges in terms of the internal level for banks (legal and legitimate framework), also in terms of the allocated amounts to the financing and prevailing financial derivatives, while the second dealt with the prospects of developing the banking business. A brief overview about the reality of Islamic banking in Libya was preceded in the beginning.
Global Business and Management Research: An International Journal, 2016
Abstract
Purpose: The purpose of this paper is to show the role of charity sector by enabling une... more Abstract Purpose: The purpose of this paper is to show the role of charity sector by enabling unemployed through Islamic endowments. One of the most important endowment kinds is cash waqf, which was authorized by Maliki position and others. This paper focuses on endowments fund as a type of cash waqf. Background: Most of the important challenges, that face the Islamic nation, have been reflected in the economic side. Most importantly are: the decline in per capita in GNP, the widespread of poverty and the prevalence of the phenomenon of unemployment which represents a grave danger that increased among youth. The rate of unemployment requires necessary treatment or else it will be hotbeds for terrorism, corruption, and crimes. Global experience has shown that the most successful method for the treatment of unemployment is through microfinance. But these kinds of projects require funding which Islamic governments failed to provide. We need to search for new sources of financing. Design/ methodology/ approach: The study reviews the extant literature relevant cases and provides some successful experiments in selected Islamic countries. Findings: The paper adopted several methods of formatting endowment funds: at the case of keeping standing endowment funds or by establishment of new endowment funds, also in the case of funding the small entrepreneurs by the waqf owner himself. Research implications: To activate endowment funds we suggest developing it to a financing instrument for microfinance. Keywords: Cash waqf, endowment funds, small projects, microfinance
One of the most devastating economic challenges facing the Muslim world
is the increasing rate of... more One of the most devastating economic challenges facing the Muslim world is the increasing rate of unemployment, which has devastated the youth and has become alarming. The phenomenon of unemployment has reached level that threatens the future of this generation which is seen as the pillar and key factor for the growth of the entire Ummah. There are many ways to curb the disease of unemployment; however, the discussion in this research focuses on the role of small business due to its global merits and achievement in reducing and eliminating unemployment. The paper would approach it in a new dimension stressing more on the role of the Prophetic (Sunnah) tradition in the administration and financing of small businesses. The paper initiates its discussion with a theory which states that: there are some acts reported in the Sunnah that can contribute to reduction of unemployment and can be harnessed to finance and administer small businesses. This research aims at compiling hadith related to administration of small business and ways to financing it. It also derives fundamental basis which can be easily neglected in contemporary deals. The paper also attempts to proffer practicable proposal to guide small business in light of Sunnah. In order to actualise the very of objectives of the paper and to address its challenges, it has been categorised into three, namely: small projects, Sunnah guidance for employers, financing of small projects/businesses in line with Prophetic requirements. The research finds multiple results among which are: the Prophet (May Allah bless him) (Sunnah Amaliyyah) gives directions in his tradition on strategies for financing small businesses as means to combat unemployment. .Keywords: Small businesses, Sunnah
The shortage of funding scientific research affect negatively the future of science in universiti... more The shortage of funding scientific research affect negatively the future of science in universities and scientific research centers in the Islamic world. Which requires search for new sources of funding to cover it. Research trying to show the role of the endowment in supporting scientific research, which scored prominent effects in this area across the Islamic historical experience and recorded impressive results today at the Western universities who featured the first places on the world rankings. The research seeks to answer the following questions: What is the role played by the Islamic Waqf in our world in the field of scientific research? What role currently played by the Waqf in the Western world in the field of supporting scientific research? Is it possible for Waqf to contribute at the present time, in supporting scientific research, and what are the main forms of activation it?
وتبرز أهمية الموضوع الذي بين أيدينا)حكم الوقف في أدوات الإنتاج( من خلال الآتي:
1-1 معظم اقتصادات ... more وتبرز أهمية الموضوع الذي بين أيدينا)حكم الوقف في أدوات الإنتاج( من خلال الآتي: 1-1 معظم اقتصادات عالمنا الإسلامي والعربي تعاني من ظاهرة البطالة، حتى باتت نسبتها المئوية تقترب من الرقم ذي المرتبتين، وأصبحت غالبية شعوبنا العربية والإسلامية تقع تحت ما يسمى بخط الفقر. 2-2 من الحلول الناجعة على المستوى العالمي للحد من ظاهرة البطالة والفقر تجربة إعانة العاطلين والفقراء للبحث عن فرص للعمل، تنهض بمستواهم المعيشي، من خلال المشاريع الصغيرة التي تسهم في توفير فرص العمل الملائمة لهم، إلا أنَّ هذه المشاريع تعاني غالبًا من نقص رؤوس الأموال اللازمة للنهوض بها، وبضمنها أدوات الإنتاج؛ التي تعد من أبرز مكونات رأس المال. 3-3 توفير أدوات الإنتاج يمكن أن يكون بأشكال متنوعة؛ منها وقفها. أما الهدف من هذا الموضوع فهو: تبيان مشروعية هذا النوع من الوقف، وأحكامه، وصوره، ومتعلقاته، كونه من النوازل التي يُلجأ إليها عند الحاجة لحل معضلات العصر. ينطلق الموضوع من فرضية فحواها: أن وقف أدوات الإنتاج مباحٌ شرعًا، ويمكن أن يسهم في الحد من المعضلات التي تجابه اقتصاداتنا الإسلامية والعربية، أما هيكلية الموضوع فقد تم تقسيمها بحسب العناصر الاسترشادية التي أوصت بها اللجنة المشرفة على المنتدى. وقد استخدم الباحث المنهج "الاستنباطي" في محاولته لإيجاد الدليل المناسب لإثبات فرضية البحث، دون إهماله للمنهج "الاستقرائي" في تحديد صور ومتعلقات وقف أدوات الإنتاج، وشروطه، وأشكال تأجيره.
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Papers by Usama Alani
To achieve the goal of the research and prove his hypothesis, it has divided into five parts. The first deals with the development of the concept of Human Development in the light of the Human Development Reports since 1990. The second deals with the meaning of usury in terms of language and terminology. The third part has looked at the evidences from (Quran and Sunah) that prohibit usury. The Fourth part deals with the kinds of usury. The last part deals with the usury effects in Human Development through the study of some economic variables.
The research proved the hypothesis, that there are negative effects of usury, became clean through the analysis f these variables, that it retards the advancement of the goals of human development. hinder promoting the goals of human development.
key words: Interest, Human Development
possibility of establishing waqf companies and their requirements as one of
the innovative financing formulas for the advancement of waqf assets.
Background: The Waqf in our Islamic world has great responsibilities, which
cannot be affordable due to the declining returns stemming on several reasons
which in course affect its origin negatively. The research suggests a new and
contemporary formula for the establishment of the Waqf. The specifications
of these formulas should not contradict the provisions of the waqf, nor the
prevailing laws and regulations. These formulas can be derived from the
experience of the Western world in the establishment of endowment companies
formed through public subscription.
Methodology: The study reviews the extant literature relevant, Corporate
Laws in selected Islamic countries.
Findings: The researcher proposed to ensure the permanence and success
of the waqf companies, enactment of a special law for these companies is a
mixture of the interaction of the Companies Law with the Waqf Law, as well
as the Non-Profit Institutions Law, covering all aspects related to the Waqf
company’s privacy in the proposed legislation.
Keywords: Waqf, Waqf Companies, Corporate Law.
relating to the ethical dimensions stemming from the spirit of faith in Islamic law.
The research problem is answering the main question (Are Islamic banks operating
the social responsibility in the environment which it belongs to). Research aims to
achieve the demonstrate distinction of social responsibility concept in Islamic thought,
compared with what it is in Western thought, demonstrate the reality of applying social
responsibility in the Islamic banking and clarify the relationship between the financial
instruments of Islamic banks and social responsibility
Research is characterized from its predecessor by contribution to the elaboration
of the concept of social responsibility through the privacy of Islamic thought and
distinguish it from Western thought, highlighting the role of financial instruments of
Islamic banks in the promotion of social responsibility, and demonstrate the role of
contemporary Islamic financial services and its role in upgrading social responsibility.
Abstract
Libya delayed for joining the Islamic banking, which started in 2009. This imposes a heavy responsibility on officials in order to accelerate the process of transferring and reducing the time needed.
Accordingly, the paper aims to identify the main challenges facing the Islamic banking business in terms of its developmental role.
In order to achieve this goal, the paper is divided into two sections, the first intake the challenges in terms of the internal level for banks (legal and legitimate framework), also in terms of the allocated amounts to the financing and prevailing financial derivatives, while the second dealt with the prospects of developing the banking business. A brief overview about the reality of Islamic banking in Libya was preceded in the beginning.
Purpose: The purpose of this paper is to show the role of charity sector by enabling unemployed
through Islamic endowments. One of the most important endowment kinds is cash waqf, which
was authorized by Maliki position and others. This paper focuses on endowments fund as a type
of cash waqf.
Background: Most of the important challenges, that face the Islamic nation, have been
reflected in the economic side. Most importantly are: the decline in per capita in GNP, the
widespread of poverty and the prevalence of the phenomenon of unemployment which
represents a grave danger that increased among youth. The rate of unemployment requires
necessary treatment or else it will be hotbeds for terrorism, corruption, and crimes. Global
experience has shown that the most successful method for the treatment of unemployment is
through microfinance. But these kinds of projects require funding which Islamic governments
failed to provide. We need to search for new sources of financing.
Design/ methodology/ approach: The study reviews the extant literature relevant cases and
provides some successful experiments in selected Islamic countries.
Findings: The paper adopted several methods of formatting endowment funds: at the case of
keeping standing endowment funds or by establishment of new endowment funds, also in the
case of funding the small entrepreneurs by the waqf owner himself.
Research implications: To activate endowment funds we suggest developing it to a financing
instrument for microfinance.
Keywords: Cash waqf, endowment funds, small projects, microfinance
is the increasing rate of unemployment, which has devastated the youth and
has become alarming. The phenomenon of unemployment has reached level
that threatens the future of this generation which is seen as the pillar and key
factor for the growth of the entire Ummah. There are many ways to curb the
disease of unemployment; however, the discussion in this research focuses
on the role of small business due to its global merits and achievement in
reducing and eliminating unemployment. The paper would approach it in a
new dimension stressing more on the role of the Prophetic (Sunnah) tradition
in the administration and financing of small businesses. The paper initiates its
discussion with a theory which states that: there are some acts reported in the
Sunnah that can contribute to reduction of unemployment and can be harnessed
to finance and administer small businesses. This research aims at compiling
hadith related to administration of small business and ways to financing it. It also
derives fundamental basis which can be easily neglected in contemporary deals.
The paper also attempts to proffer practicable proposal to guide small business
in light of Sunnah. In order to actualise the very of objectives of the paper and to
address its challenges, it has been categorised into three, namely: small projects,
Sunnah guidance for employers, financing of small projects/businesses in line
with Prophetic requirements. The research finds multiple results among which
are: the Prophet (May Allah bless him) (Sunnah Amaliyyah) gives directions
in his tradition on strategies for financing small businesses as means to combat
unemployment.
.Keywords: Small businesses, Sunnah
Conference Presentations by Usama Alani
1-1 معظم اقتصادات عالمنا الإسلامي والعربي تعاني من ظاهرة البطالة، حتى باتت نسبتها المئوية
تقترب من الرقم ذي المرتبتين، وأصبحت غالبية شعوبنا العربية والإسلامية تقع تحت ما يسمى
بخط الفقر.
2-2 من الحلول الناجعة على المستوى العالمي للحد من ظاهرة البطالة والفقر تجربة إعانة العاطلين
والفقراء للبحث عن فرص للعمل، تنهض بمستواهم المعيشي، من خلال المشاريع الصغيرة التي
تسهم في توفير فرص العمل الملائمة لهم، إلا أنَّ هذه المشاريع تعاني غالبًا من نقص رؤوس الأموال
اللازمة للنهوض بها، وبضمنها أدوات الإنتاج؛ التي تعد من أبرز مكونات رأس المال.
3-3 توفير أدوات الإنتاج يمكن أن يكون بأشكال متنوعة؛ منها وقفها.
أما الهدف من هذا الموضوع فهو: تبيان مشروعية هذا النوع من الوقف، وأحكامه، وصوره، ومتعلقاته،
كونه من النوازل التي يُلجأ إليها عند الحاجة لحل معضلات العصر.
ينطلق الموضوع من فرضية فحواها: أن وقف أدوات الإنتاج مباحٌ شرعًا، ويمكن أن يسهم في الحد
من المعضلات التي تجابه اقتصاداتنا الإسلامية والعربية، أما هيكلية الموضوع فقد تم تقسيمها بحسب
العناصر الاسترشادية التي أوصت بها اللجنة المشرفة على المنتدى.
وقد استخدم الباحث المنهج "الاستنباطي" في محاولته لإيجاد الدليل المناسب لإثبات فرضية البحث،
دون إهماله للمنهج "الاستقرائي" في تحديد صور ومتعلقات وقف أدوات الإنتاج، وشروطه، وأشكال تأجيره.
To achieve the goal of the research and prove his hypothesis, it has divided into five parts. The first deals with the development of the concept of Human Development in the light of the Human Development Reports since 1990. The second deals with the meaning of usury in terms of language and terminology. The third part has looked at the evidences from (Quran and Sunah) that prohibit usury. The Fourth part deals with the kinds of usury. The last part deals with the usury effects in Human Development through the study of some economic variables.
The research proved the hypothesis, that there are negative effects of usury, became clean through the analysis f these variables, that it retards the advancement of the goals of human development. hinder promoting the goals of human development.
key words: Interest, Human Development
possibility of establishing waqf companies and their requirements as one of
the innovative financing formulas for the advancement of waqf assets.
Background: The Waqf in our Islamic world has great responsibilities, which
cannot be affordable due to the declining returns stemming on several reasons
which in course affect its origin negatively. The research suggests a new and
contemporary formula for the establishment of the Waqf. The specifications
of these formulas should not contradict the provisions of the waqf, nor the
prevailing laws and regulations. These formulas can be derived from the
experience of the Western world in the establishment of endowment companies
formed through public subscription.
Methodology: The study reviews the extant literature relevant, Corporate
Laws in selected Islamic countries.
Findings: The researcher proposed to ensure the permanence and success
of the waqf companies, enactment of a special law for these companies is a
mixture of the interaction of the Companies Law with the Waqf Law, as well
as the Non-Profit Institutions Law, covering all aspects related to the Waqf
company’s privacy in the proposed legislation.
Keywords: Waqf, Waqf Companies, Corporate Law.
relating to the ethical dimensions stemming from the spirit of faith in Islamic law.
The research problem is answering the main question (Are Islamic banks operating
the social responsibility in the environment which it belongs to). Research aims to
achieve the demonstrate distinction of social responsibility concept in Islamic thought,
compared with what it is in Western thought, demonstrate the reality of applying social
responsibility in the Islamic banking and clarify the relationship between the financial
instruments of Islamic banks and social responsibility
Research is characterized from its predecessor by contribution to the elaboration
of the concept of social responsibility through the privacy of Islamic thought and
distinguish it from Western thought, highlighting the role of financial instruments of
Islamic banks in the promotion of social responsibility, and demonstrate the role of
contemporary Islamic financial services and its role in upgrading social responsibility.
Abstract
Libya delayed for joining the Islamic banking, which started in 2009. This imposes a heavy responsibility on officials in order to accelerate the process of transferring and reducing the time needed.
Accordingly, the paper aims to identify the main challenges facing the Islamic banking business in terms of its developmental role.
In order to achieve this goal, the paper is divided into two sections, the first intake the challenges in terms of the internal level for banks (legal and legitimate framework), also in terms of the allocated amounts to the financing and prevailing financial derivatives, while the second dealt with the prospects of developing the banking business. A brief overview about the reality of Islamic banking in Libya was preceded in the beginning.
Purpose: The purpose of this paper is to show the role of charity sector by enabling unemployed
through Islamic endowments. One of the most important endowment kinds is cash waqf, which
was authorized by Maliki position and others. This paper focuses on endowments fund as a type
of cash waqf.
Background: Most of the important challenges, that face the Islamic nation, have been
reflected in the economic side. Most importantly are: the decline in per capita in GNP, the
widespread of poverty and the prevalence of the phenomenon of unemployment which
represents a grave danger that increased among youth. The rate of unemployment requires
necessary treatment or else it will be hotbeds for terrorism, corruption, and crimes. Global
experience has shown that the most successful method for the treatment of unemployment is
through microfinance. But these kinds of projects require funding which Islamic governments
failed to provide. We need to search for new sources of financing.
Design/ methodology/ approach: The study reviews the extant literature relevant cases and
provides some successful experiments in selected Islamic countries.
Findings: The paper adopted several methods of formatting endowment funds: at the case of
keeping standing endowment funds or by establishment of new endowment funds, also in the
case of funding the small entrepreneurs by the waqf owner himself.
Research implications: To activate endowment funds we suggest developing it to a financing
instrument for microfinance.
Keywords: Cash waqf, endowment funds, small projects, microfinance
is the increasing rate of unemployment, which has devastated the youth and
has become alarming. The phenomenon of unemployment has reached level
that threatens the future of this generation which is seen as the pillar and key
factor for the growth of the entire Ummah. There are many ways to curb the
disease of unemployment; however, the discussion in this research focuses
on the role of small business due to its global merits and achievement in
reducing and eliminating unemployment. The paper would approach it in a
new dimension stressing more on the role of the Prophetic (Sunnah) tradition
in the administration and financing of small businesses. The paper initiates its
discussion with a theory which states that: there are some acts reported in the
Sunnah that can contribute to reduction of unemployment and can be harnessed
to finance and administer small businesses. This research aims at compiling
hadith related to administration of small business and ways to financing it. It also
derives fundamental basis which can be easily neglected in contemporary deals.
The paper also attempts to proffer practicable proposal to guide small business
in light of Sunnah. In order to actualise the very of objectives of the paper and to
address its challenges, it has been categorised into three, namely: small projects,
Sunnah guidance for employers, financing of small projects/businesses in line
with Prophetic requirements. The research finds multiple results among which
are: the Prophet (May Allah bless him) (Sunnah Amaliyyah) gives directions
in his tradition on strategies for financing small businesses as means to combat
unemployment.
.Keywords: Small businesses, Sunnah
1-1 معظم اقتصادات عالمنا الإسلامي والعربي تعاني من ظاهرة البطالة، حتى باتت نسبتها المئوية
تقترب من الرقم ذي المرتبتين، وأصبحت غالبية شعوبنا العربية والإسلامية تقع تحت ما يسمى
بخط الفقر.
2-2 من الحلول الناجعة على المستوى العالمي للحد من ظاهرة البطالة والفقر تجربة إعانة العاطلين
والفقراء للبحث عن فرص للعمل، تنهض بمستواهم المعيشي، من خلال المشاريع الصغيرة التي
تسهم في توفير فرص العمل الملائمة لهم، إلا أنَّ هذه المشاريع تعاني غالبًا من نقص رؤوس الأموال
اللازمة للنهوض بها، وبضمنها أدوات الإنتاج؛ التي تعد من أبرز مكونات رأس المال.
3-3 توفير أدوات الإنتاج يمكن أن يكون بأشكال متنوعة؛ منها وقفها.
أما الهدف من هذا الموضوع فهو: تبيان مشروعية هذا النوع من الوقف، وأحكامه، وصوره، ومتعلقاته،
كونه من النوازل التي يُلجأ إليها عند الحاجة لحل معضلات العصر.
ينطلق الموضوع من فرضية فحواها: أن وقف أدوات الإنتاج مباحٌ شرعًا، ويمكن أن يسهم في الحد
من المعضلات التي تجابه اقتصاداتنا الإسلامية والعربية، أما هيكلية الموضوع فقد تم تقسيمها بحسب
العناصر الاسترشادية التي أوصت بها اللجنة المشرفة على المنتدى.
وقد استخدم الباحث المنهج "الاستنباطي" في محاولته لإيجاد الدليل المناسب لإثبات فرضية البحث،
دون إهماله للمنهج "الاستقرائي" في تحديد صور ومتعلقات وقف أدوات الإنتاج، وشروطه، وأشكال تأجيره.