An Integral Approach to Development Economics

The principles include the avoidance ofriba, gharar (riskysale), miysir (gambling) and unethical concerns. ... Miysir, or gambling,is specifically mentioned in the Quran whenAllah says: 'They askyou (OMohammed) concerning wine and ...

An Integral Approach to Development Economics by"Dr Basheer A Oshodi"

Developing economies such as those in sub-Saharan Africa are searching for realistic economic policy prescriptions. Despite economic growth in countries like Nigeria, poverty and unemployment blight the lives of many, in the midst of plenty. Simultaneously, much neo-classical economic thought is being questioned against the backdrop of global economic meltdown, giving rise to inquiry about more integral approaches to sustainable development. In An Integral Approach to Development Economics, Basheer Oshodi examines modernization theories, dependency theories, world system theories and emerging 21st century economic theories and links a neo-modern mix of economic thought with the practicalities of finance in parts of the World where poverty is rife. In a specifically African setting, over half of the population are Muslims, Oshodi considers Islamic finance in the context of the triple heritage of indigenous culture, Westernized Christianity, and Islam. He argues that the principles of Islamic banking and finance can be integrated with other elements of that heritage, focusing on meeting the challenges of poverty and unemployment. Islamic finance is not just a religiously-oriented, Sharia-compliant, alternative financial model. It can contribute to overall socio-economic transformation and a wider, people-centred approach to economic development. International organizations, financial institutions, reserve banks, policy makers, donor agencies and students will find resonance in this valuable addition to Gower’s Transformation and Innovation Series.

An Integral Approach to Development Economics
By:"Dr Basheer A Oshodi"
Published on 2014-02-28 by Gower Publishing, Ltd.

BOOKS ID : jvXcAgAAQBAJ

Ebook Title : An Integral Approach to Development Economics

ETAG : oGAOFki586I

ISBN_13 Code : 9781472411273

ISBN_10 Code : 1472411277

Book Print Type : BOOK

Rank : 15 for keyword gambling quran

Book Author :"Dr Basheer A Oshodi"

Publisher : Gower Publishing, Ltd.

Book Pages Count : 282

Print Type : BOOK

Book's Categories :"Business & Economics"

Books Language : en

Text to Speech Access : ALLOWED

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