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Search results for: islamic studies
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ISLAMIC TAKAFUL: CZY SKUTECZNIE ZASTĄPIŁ UBEZPIECZENIA KOMERCYJNE? : ISLAMIC TAKAFUL: HAS IT SUCCESSFULLY SUBSTITUTED CONVENTIONAL INSURANCE?
PublicationIslamic finance is a fast developing sector mainly present in the Middle East, South-East Asia, Central Asia and to a smaller extent in Africa and Central Europe. Together with the rebirth of Islam in the second half of the 20th century, Islamic finance tends to cover the economic needs of all Muslims (including insurances). The Islamic finance system is based on several principles including three main prohibitions: Gharar (deceptive uncertainty),...
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The UK's banking system as financial hub for Islamic banking
PublicationThis paper examines the phenomenon of London as "the Islamic banking hub". It contends that London has become not only an international centre for Islamic finance, but also that there is big interest and demand for Islamic banking products. The authors are also positive that Islamic banking may be a certain solution for the problems that Europe has been suffering since 2007 when the global debt crisis started. Our intention is...
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Man in Early Islamic Philosophy: Al-Kindi and Al-Farabi
PublicationMan was, neither for Al-Kindi, nor for Al-Farabi, a clearly isolated object of philosophical reflection. This does not mean, however, that both Islamic philosophers were not at all concerned with the uniqueness of man, his nature or the purpose of his existence. In order to understand and analyze in depth the philosophies of man voiced by Al-Kindi and Al-Farabi, one must focus primarily on their epistemologies, on their philosophical...
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An assessment of Islamic banking in Bosnia and Herzegovina – a comparative analysis using the CAMELS approach
PublicationThis paper examines the phenomenon of Islamic banking in Bosnia and Herzegovina. Although almost half of the Bosnian population is recognized as Islamic, there is only one bank purely based on Sharia operating in this country. The aim of the article is to conduct a comparative analysis of the financial standing of this bank and the banking sector in this country and region. The chosen method of analysis is CAMELS which examines...
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Reality of short-term causality of Islamic and conventional banking term deposit rates in Pakistan
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Conditions of Iranian international trade in terms of lifting the sanctions: A case study of Polish-Iranian trade perspectives
PublicationThe main aim of the paper is to identify the areas and determine the feasibility of trade between Polish and Iranian companies in relation to historical and cultural conditions. The authors describe the complexity of the issue of foreign trade, the determinants of relations between Poland and the Islamic Republic of Iran, and the Iranian economy – its features, strengths and weaknesses, and consequences of the recent UN, EU, and...
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Al-Kindi’s “The Real One”: Considerations of a mathematician or of a metaphysician?
PublicationThe aim of the article is to analyze Al-Kindi’s concept of the True (Essential) One and certain additional issues, also taking into account the influence on his position from both classical philosophy and source texts of Islam. In the opening part of the article, Al-Kindi’s innovative approach to the application of mathematics in research in other areas of knowledge is discussed. In the next part,...