No abstract

Islamic banks are required to run their business activity with full conformity to Shariah. They should not borrow money on interest nor keep their surplus cash in interest bearing account as well as should not involve in any prohibited business deals. Even if the business activities are permissible, the borrowings may be based on riba (usury), the surplus is kept in interest bearing accounts and so on. Hence, this article aims to offer an alternative to liberate Muslim investors and small managers from the sinful action of dealing with those banking business activities.

No abstract

Islam provides prescriptions on the specific rights and obligations of men and women in the society. While women in the West still fight for their rights to an equal position until today, Islam provides Muslim women with the rights to be involved in economic activities based on their personal merit and wisdom. This paper aims to highlight the involvement of Muslim women in economic activities from an Islamic perspective. Islam does not limit the task of women to being mothers; Muslim women can involve themselves in other fields such as economics and politics, as long as they adhere to the guidelines put forward by the religion. It cannot be denied that their involvement in the economic sector became one of the development factors of Islamic civilisation since the very beginning of Islam until now. The purpose of their voluntary involvement in the economy was to contribute their skills and expertise as well as to apply their knowledge for the benefit and maslahah of the Muslim society and ummah. The study concludes that out that the involvement of Muslim women in economic activities plays an important role in a country’s development process, particularly when the women’s labour were in a compatible manner within the limits of shariah.

No abstract