Islamic Finance News- Saudi's AHAB seeks creditor support for settlement under bankruptcy law
- BRIEF-Egypt's Marseilia Updates On MoU With UAE's Amlak To Develop Urban Project
- BRIEF-Kuwait's Noor Receives Letter Of Intent For Part Of Its Stake In Meezan Bank
- BRIEF-Gulf Investment House Board To Discuss Stake Purchase Offer For Associate Co
- BRIEF-Gulf Investment House OGM Approves Capital Decrease
- Finablr's UAE Exchange, Ripple to begin blockchain payments by Q1
- MEDIA-Malaysia's MIDF explores merger with Al Rajhi's local arm - Bloomberg
- Emirate of Ajman plans debut international bond
- UPDATE 1-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
- CORRECTED-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
Tag Archives: Waqf
Islamic Texts on Consumption and Spending
Salman Ahmed Shaikh Islam has its own distinct worldview. The theistic concepts of Tawheed, Khilafah and Akhirah govern the Islamic way of life. The concept of Tawheed implies that all living and non-living things are created by Allah. The concept … Continue reading
Posted in Articles on Islamic Economics
Tagged Altruism, Consumerism, Consumption, Consumption Externalities, Ethics, Excess Consumption, Halal Consumption, Halal Markets, Homo Economicus, Infaq, Islamic Charities, Islamic Economics, Moderate Consumption, Pro-Social Behaviour, Responsible Consumption, Sadqa, Selfish Preferences, Values, Waqf, Zakat
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Intertemporal Consumption in Islamic Economic Framework
Salman Ahmed Shaikh A typical lifecycle pattern of humans shows that the need to consume basic necessities exists throughout the lifetime, while the capacity to earn incomes is present mostly during the working years of life. In childhood and old-age, … Continue reading
Leveraging on Private Philanthropy in Pakistan for Establishing Waqf
Salman Ahmed Shaikh Importance of Social Finance in Pakistan The United Nations Development Programme (2016) reveals that multi-dimensional poverty in Pakistan stands at 38.8%. Poor people usually depend on their incomes for consumption expenditure given the lack of other assets … Continue reading
