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Shariah Audit/ Islamic Financial Advisory Meezan Bank: Instructor Mufti Naveed Alam

This document outlines the topics that will be discussed in an Islamic economics class, including basic concepts of Islamic economics, the ideal Islamic financial system, Islamic banking and modes of financing. It discusses economic issues like what and how to produce goods from an Islamic perspective. Key differences between capitalism, socialism and Islamic economics are highlighted. The document also covers concepts like land, labor, capital and organizers in an Islamic economic system. Finally, it discusses riba or interest in conventional banking versus Islamic banking.

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RanaAbdulAziz
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44 views15 pages

Shariah Audit/ Islamic Financial Advisory Meezan Bank: Instructor Mufti Naveed Alam

This document outlines the topics that will be discussed in an Islamic economics class, including basic concepts of Islamic economics, the ideal Islamic financial system, Islamic banking and modes of financing. It discusses economic issues like what and how to produce goods from an Islamic perspective. Key differences between capitalism, socialism and Islamic economics are highlighted. The document also covers concepts like land, labor, capital and organizers in an Islamic economic system. Finally, it discusses riba or interest in conventional banking versus Islamic banking.

Uploaded by

RanaAbdulAziz
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Instructor Mufti Naveed Alam

Shariah Audit/ Islamic Financial Advisory Meezan Bank

Recitation of Holy Quran


Ayat of Al Imran

Dress code Attendance Reading summery Learning

Introduction Why Islamic? What to be discussed in class


Basic concept of Islamic economics Ideal Islamic Financial system Islamic Banking Islamic modes of Financing

Economic problems
What to produce

Goods & Quantity Allocation of resource


Men material

How to produce For whom to produce Efficiency growth Development

Capitalism
solution
Law of Demand & Supply

Socialism
Forced & Planned economy by Government

Islamic Economics
Law of Demand & supply Control by guidance from Allah SWT

Land Labor Capital Organizer

Banking Origen from jewelers / based on gold stock Concept of Islamic banking Islamic concept of Trading companies supports and create the need of Islamic banking

Riba & its types

( )275 ( )

Riba alfazl Riba Alnasiah

Conventional bank Interest based No difference between usury & interest

Capital investment can not be treated as commodity Interest is expense which is recovered from customer It is not rental

For suggestion & comments Always feel free to contact me


[email protected] 0321-3089791

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