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Can there be banking without interest? If you creative design and interest free bank can be operated, how do the depositors get their return on their deposits? How can such a bank-be it commercial/investment bank or housing finance corporate-lend without interest to its customers? Is it possible to have insurance policies sans interest and gambling?
Do we have a viable alternative to the conventional banks and the derivatives which are described as weapons of ...
Drawing on two pristine sources of Islamic knowledge, i.e. the Quran and Sunnah, the book presents an Islamic alternate paradigm to the western conceptualization of quality of worklife. This book discusses the impact of Islamic beliefs on the perceptions of an organizational member about the quality of his/her job/ professional life if he/she internalizes Islamic culture. Motivational basis in western and Islamic paradigms is contrasted. An articulation of ...
Some management theories believes that Muslim organizations have western culture and Muslim executive have internalised western values; some orgnizational theories hold a diametrically opposite view that Muslims as a community and Muslim executives as well have not given up Islamic values and their companies definitely have a strong imprint of Islamic culture. To fathom the depths of Muslim organizations and to demystify the prevailing corporate culture, this ...