Islamic wealth management : theory and practice

Resource Information

The work Islamic wealth management : theory and practice represents a distinct intellectual or artistic creation found in Sydney Jones Library, University of Liverpool. This resource is a combination of several types including: Work, Language Material, Books.

Label

Islamic wealth management : theory and practice

Title remainder

theory and practice

Statement of responsibility

edited by Mohamed Ariff, Shamsher Mohamad

Contributor

• Shamsher Mohamad
• Shamsher Mohamad
• Mohamed Ariff, 1940-
• Mohamed Ariff, 1940-

Editor

• Shamsher Mohamad
• Mohamed Ariff, 1940-
• Mohamed Ariff, 1940-
• Shamsher Mohamad

Subject

• Wealth -- Moral and ethical aspects
• Financial management -- Religious aspects | Islam

Language

eng

Summary

From an Islamic perspective, although the ownership of wealth is with God, humans are gifted with wealth to manage it with the objective of benefiting the human society. Such guidance means that wealth management is a process involving the accumulation, generation, purification, preservation and distribution of wealth, to be conducted carefully in permissible ways. This book is the first to lay out a coherent framework on how wealth management should be conducted in compliance with guiding principles from edicts of a major world religion. The book begins by defining wealth from both a secular perspective, and an Islamic perspective, before describing how wealth needs to be earned in lawful ways, preserved and used to benefit the needs of community, with a small part of the wealth given away to charity, and the remainder managed in accordance with laws and common practices, as established by a majority consensus of scholars of the religion in historical times. Each section of the book has relevant chapters that discuss the theory, as well as the application and the challenges in Islamic wealth management in real and financial markets. This book will appeal to students and researchers of Islamic wealth management, certainly Islamic economics and finance in general; policy makers; and a range of industry practitioners, such as investment managers, financial planners, accountants and lawyers

Cataloging source

DLC

Index

index present

LC call number

HB835

LC item number

.I85 2017

Literary form

non fiction

Nature of contents

dictionaries

Series statement

Foundations of islamic finance series