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The recent decades have witnessed a strong assertion of Islamic identity. One of its manifestations is the insistence on the part of Muslims that all institutions of life should be brought in conformity with Islamic principles. In this work, the author attempts to spell out the Islamic principles on which business enterprise should be based specially in the area of partnership. In this exercise, he displays a strikingly acute awareness of Islamic laws on the subject. This, however, is matched by an equally striking awareness of the forms of business organization in vogue in the contemporary world. The work represents a serious scholarly effort to sort out complicated questions such as those mentioned above, to enunciate Islamic principles relative to business enterprise, and to apply them in the changed context of present-day business.
The author, Imran Ahsan Khan Nyazee, born in 1945, is an Assistant Professor at the Faculty of Shariah and Law, International Islamic University, Islamabad, Pakistan. He obtained his law degree from Punjab University in 1969. In 1983, he was awarded a gold medal for his performance in the LL.M. (Shariah) programme by the International Islamic University (Pakistan). In 1987, he obtained an LL.M. degree from the University of Michigan Law School. Among his other works are Theories of Islamic Law: The Methodology of Ijtihad and Islamic Jurisprudence (Usul al-Fiqh)
- Theories of Islamic Law: The Methodology of Ijtihad
- Islamic Jurisprudence (Usul al-Fiqh)
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Economics