Page 13 - IIUM Press Catalogue 2019

IIUM PRESS
Catalogue
2019
Islamic Banking (Reprint) Islamic Ethics and Character Building
Hassanudden Abdul Aziz Fatimah Abdullah
ISBN : 978-967-5272-48-6 ISBN : 978-967-418-325-7
Pages : Forthcoming Pages : 207
Price : Forthcoming Price : RM 60.00
Year : 2019 (Reprint) Year : 2019 (Reprint)

Islamic Banking is designed to The present book attempts to
provide an introduction to Islamic present Islamic ethics first from
banking and finance for students at its multifaceted nature; ethics
universities and similar tertiary as akhlaq is presented from the
institutions. This book also a source psychological, educational and
of general understanding of the spiritual aspects and every bit
concept of Islamic banking and of character building or ethic is
finance and it will be beneficent supported by pertinent verses of
not only for students but also for the laymen. I believe that the Holy Qur'an, the stories of the Prophets and the sirah
the approach to Islamic banking and finance taken in this and shama'il of our beloved Prophet Muhammad (PBUH).
book will provide a solid foundation towards understanding Second, an effort is made to present Islamic ethics from the
the concept of Islamic finance. An effort has been made to practical and modern angles. To enliven the discipline we
provide an overview of the principles of Islamic commercial have relied on Tasawwuf area that have been neglected by
law in business and Islamic financial dealings. This book earlier researchers. In fact most of the early sufi scholars
has been written with the objective of conveying an such as al-Ghazali, al-Mu'asibi and al-Balkhi were Islamic
understanding of Islamic banking and finance, without psychologists who did their best to spiritually invigorate their
introducing unnecessary technical terminology and disciples and refine their character. This approach of Sufi
procedures. It was written to develop a clear understanding ethics or Tasawwuf with its self-introspection in nature will
of the prohibition of Riba, the instruments of products serve as underpinning of individual and societal wellbeing
offered by Islamic banks, the contemporary approaches and and mental health that conditioned the development and
practices across banks worldwide, and the challenges and prosperity of the ummah.
future prospects of Islamic banking. As in the conventional
banking system, the Islamic banking system also has its
sources of funds and various forms of applying these funds Islamization of Modern Science and Its
in order to generate reasonable profits and maximixe its Philosophy: A Contemporary Civilization
shareholders’ wealth. Students will be able to appreciate
and acknowledge the inherent equity of Islamic principles Discourse
towards commercial and financial transactions. Needles Muhammad Mumtaz Ali
to say, it is our responsibility to educate and enlighten the ISBN : 978-967-418-436-0
younger generation about the veracity and authenticity of Pages : 245
Islamic ideologies and the undeniable fact that Islam is a Price : Forthcoming
complete way of life. The establishment of the institution of Year : 2019 (Reprint)
Islamic Banking and Finance and its continual successful
growth during the last four decades had proved beyond Dr. Mumtaz Ali’s book is a wide-
doubt that Muslims around the world can successfully ranging survey of the history and
develop a sound financial system without relying on the development of science. He shows
Western financial system. However, the challenges and the unprecedented and seminal role
problems that the Islamic banking system are facing are of the Qur’an upon human thought
discussed in this book to help the students appreciate the and the enormous methodological
inherent complications associated with economics in every debt modern western science
business environment. owes to truth-based science’s
contribution to thehuman intellectual heritage. Just as
importantly, he makes it clear that, despite claimsto
neutrality and objectivity, modern Western science, like all
human activities reflects the modern Western assumptions
of its practitioners. Hence, he calls that science ‘modern
Western science’ which, he argues, is based on a false view
of life and the world. He advocates for the revival of that
truth-based science. Since truth-based science had fallen
into a deathlike coma, there has been no one to challenge
those assumptions until recently. Dr. Ali strives to sketch
the unique characteristics of truth-based science that can
help provide an alternative to modern Western science
that dominates scientific endeavours in the modern world.
Hence, he defines Islamization of modern Western science
and its philosophy.

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