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Islamic model of infrastructure project financing in Islamic Finance
Based on philosophy of sharing risk the BOT model of infrastructure projects financing is a natural fit for Islamic finance. The asset-backed nature of Islamic finance makes it more appropriate for fulfilling massive infrastructure project investments. Moreover, Islamic finance promotes social and economic development by creating real assets, not just by generating transactions that are merely financial.
In this context, this article briefly highlights the philosophy of development in Islamic economic system, as well as throws lights on the growing new trend of mobilizing Islamic finance in BOT contracts for Infrastructure projects globally and locally, in Pakistan and other countries as well. An estimate of global infrastructure needs has been studied in the light of some steamed reports. The potential of Islamic finance, and its flexible building blocks and instruments has been described along with their practical methods, to present an alternative model of Islamic BOT project financing. Some proposed modes has presented in the end that may be applicable to mobilize Islamic finance in Infrastructure projects, concluding that a wide variety of Islamic finance structures are available to provide sufficient flexibility to practitioners to select appropriate financing vehicles for establishing a system of financing infrastructure projects in developing countries like Pakistan and Afghanistan etc
"Man"(Momin) in the poetry of Muhammad Iqbal in the light of Qur’anic verses
This article discusses Iqbal's ardent love for the concept of "Momin" which forms the basis of his deep attachment to the Quran and Sunnah about glorification of man ,depicts the pristine purity of Islamic doctrine of " Momin" and how he admired the virility of the " Mard e Momin" and felt concerned about the Contemporary Muslims challenges as well. Man is the most influential symbolic creature of the universe. Iqbal's poetic work articulate social, emotional challenges & dilemmas of “Man" .It also notices Iqbal's counsel to Arab Community, and reminding them of their glorious past and encouraging them to be unite according to the true spirit of Islam
Hadīth and Oriental Studies in the Turkish language
This study deals with the meaning of Orientalism, its history, and its emergence in the west, as well as discusses the orientalists' focus on systematically studying the second primary source of Islamic law in the nineteenth century AD. It is concluded that Ignaz Goldziher was the first to study the Prophetic hadīths with a method that none of the researchers in the west had preceded him, he put in question the proving and authenticity of Prophetic hadīths and presented a vague image of the key narrators and their narrations in the classical canonical compilations of hadīth. Besides, he concluded that the emergence of hadīths was a result of political disputes among Muslims. Joseph Schacht followed him in the study of hadīths related to the jurisprudential provisions and called their appearance as a conclusion of the sub-controversies between the jurisprudential schools of thought in the Islamic world. Later G. H. A Juynboll developed the theories of his predecessors and supported them with new pieces of evidence, and followed the methodology of both Goldziher and Schacht in the critical study of Prophetic hadīths. This study sheds light on the theories of mentioned orientalists as well as on the history of the Turkish language and its role in the study of Orientalism and hadīth, in addition, the study describes the statistical information of critical studies regarding Orientalism and Hadīth along with the details of some scientific studies in the Turkish language in Oriental and hadīth literature
Social, Economic and Political Rights of women In the Light of Seerat-e-Taiba
In an Islamic state, women have the same rights as men, and women have the same duties as men. As citizens, there is no difference between a Muslim man and a woman, but both have rights and duties. And the scope of responsibilities is different. The concept of equality of male weight, given in Islam, means that just as man is an essential element of this system of universe, so is woman an essential element of it.
Just as Allah has endowed men with special abilities, so too women have been endowed with special abilities, but socially, economically and politically, the responsibilities of women have also been determined in order to maintain stability in social life. Islam has kept woman free from the charges of collective activities of society and civilization, so that she may easily lead a life according to her natural needs.
This article will discuss women's rights and their role in individual as well as in collective life and will discuss their contribution in a comprehensive manner.
Keywords: women, Social, Economic, Political, rights, equality, responsibilities, comprehensive manner
The Contribution of Swabian prose writers in Pushto Fictional Literature
Swabi has got the first ever position in Pashto fictional literature by producing the foremost Pashto fiction ,, Palwashy,,. In the romantic environment of abaseen , mahaban and karamar thousends of fictional stories leaps into mind, among these fictions the legendry fictions of ,, Yousaf Khan & Sher bano has brought laurels for the writer,, Ali Haidar Joshi ,,. These romantic fictions very vividly defects the cultural,, ethical ,, social ,, traditional,, economical, aesthetical and psychological aspects of the dwellers of the area. The ever green services of the fictional writers of this area should be written in golden word
Muslim political thought on the nature of the pluralistic state: In the light of the thoughts of selected philosophers
Thus, it was found that pluralism is formed with the help of reflection and consensus, which leads to a tendency towards inclusiveness and rationalism for differences of opinion in social situations, and this tendency leads to citizenship and identity. Has a positive effect on .It is therefore central to the rule of law, which creates a sense of inclusiveness that creates a sense of protection of individual rights.
Multidimensional pluralism has strong foundations in Islam and can be further defined with an understanding of the philosophy of Shari'a aims. The political principles and rules of Islam are fully compatible with legal democracy. The tendency of the people, the views of the people and the environment of their protection are the elements that are very helpful in the synthesis of pluralistic legitimacy. Since democracy is a form of government, it is not a definite system. It can be used in formation. For this, Islamic ethics provides a very wide range of teachings in legislation, thinking, public representation and democratic activities
Amina Wadud’s Perspective on Polygamy: A Critical Analysis
In Islam woman has become a subject of debate in the last few decades. The issues regarding women need a careful study. Some issues have aroused due to misinterpretation and misunderstanding of Quranic instructions regarding women. Polygamy is one of those issues. This practice has been criticized by many modern Muslim scholars including Amina Wadud. The current paper investigates Wadud’s view regarding polygamy in Islam. The paper also gives a brief overview of her approch to the Quranic teachings. According to her, the purpose of polygamy was only to protect the wealth of orphan girls. She maintains that the practice of polygamy is not practical in 21st century because the women no more need the aproval of men for their survival as was in the past. She spacifies verse 3 of suah Al-Nisa with orphan girls and denies its generalization. She also suggests that the custom of more than one wife be abondoned. This paper, thus, critically analyzes her perspective on polygamy and at the end concludes that the custom of polygamy is neither confine to orphan girls nor does it need to be stopped. Furthermore, it does not degrade women. Instead in some situations, such as during imbalance in men and women ratio it is in favour of women
The Bible during Prophet’s Time: A Critical review of Sulṭān Paul’s Views
Except for the Holy Quran, most of the Books of God were revealed to the children of Israel. In this regard, the Gospel (Injīl) which was revealed to Jesus the son of Mary was the last book of Israel. The scripture that is inside the church today is called the Bible which is divided into two parts. The first part deals with the events of the Prophets before the advent of Jesus which is called the Old Testament. While the second one is known as the New Testament. The Gospel is a part of the New Testament. Bible is considered the divine book of Christianity. The Christians believe the Bible as a truly Godly scripture, whereas the Qur‘ān was penned by the Holy Prophet himself (ﷺ). They argue that the Bible existed before the Qur‘ān, during the Prophet’s time and even these days it exists to verify this assertion. The genuine status of the Bible during Qur‘ān revelation has been divulged, and the directives of the Holy Prophet Himself (ﷺ) have also acknowledged the Bible as a truly inspired book. Sulṭān Paul is one of the authors who claimed that throughout the prophet’s age, the Bible was utterly correct and complete, with no errors. This study aims at a critical assessment in order to check the fact and claims of Sulṭān’s idea
A research about Margoliouth’s reservations concerning the marriage of Alī (R.A) and Fātimah (R.A)
It is a fact that in every era Non-Muslims cannot defeat Muslims in the field of battle, that’s why they wish to defeat Muslims in the field of belief and credence. In order to make their struggle fruitful and profitable orientalists try their best to justify their position with unjustifiable and untenable analysis. Orientalists want to smudge and tarnish the image of Muhammad (s.a.w) with their intentions. In the list of many biased and unfair orientalists David SamualMargoliouth is one of them. Whenever he picked up a pen , he raised it against Islam, Quran, Hadith, seerathunnabhi and even against his (Muhammad’s) companions. Like many more allegations Margoliouth has also some issues regarding “matrimony of Hazrat Ali (R.A) and Hazrat Fatima (R.A).He have words that Fatima (R.A) was not happy in the environment of her father’s home because of Muhammad’s Heram so she married Ali R.A. The protection of Muslim youngsters, intellectuals and less aware Muslims are the responsibility of Muslims Scholars from the simulated and grimy views of the orientalists. Therefore this article is concern allegations of D.S.Margoliouth on the “matrimony of Ali (R.A) and Fatima (R.A) and conclude that he is failed to maintain his impartiality in the description of his ill will
The Role of Ijtihād in the solution of contemporary issues and difficulties related to Medical Science
It is an undisputed fact that the present age is the age of science and technology. The modern research and scientific discoveries are increasing rapidly day by day while new jurisprudential problems are arising day by day based on these researches. And with the passage of time, the number of these problems is also increasing continuously. So, in current's scientific era, many such problems are appearing which were not apparent in the past and no one could have imagined them at that time. So, Ijtihād is an indispensable thing for solving these problems. If a person wants to mold his individual or collective life completely into the Islamic mold and if he wants to maintain his relationship with Islam, then he must resort to Ijtihaād, without it he cannot practice the whole religion of Islam. Undoubtedly, Ijtihad is required in every period with its prescribed conditions and necessary precautions. But this work belongs to the scholars of Shari'ah who have jurisprudence and ijtihad ability. They have their own special conditions which are not our topic of discussion right now. Contemporary problems and difficulties are faced in all spheres of human life, whether they are related to worship or financial matters, politics and court or society and ethics, halal food or medical science, etc. The importance and role of ijtihad in solving all these problems and difficulties is an undisputed fact. Here our research is about the title of "Role of Ijtihad in solving modern problems related to medical science". Therefore, in this article, the role of ijtihad in the operation of the human body and the modern problems related to it and its solution has been highlighted. For example, important contemporary issues such as the operation of the human body using modern equipment, the removal of the child from the pregnant woman's stomach by operation, the removal of the uterus by operation and the reassignment of the human sex by operation have been discussed. And the Shariah rules of these issues have been explained regarding justification and non-justification. In this regard, the opinions and sayings of contemporary scholars have also been quoted and finally, the impact of Ijtihad on these issues and its role has been highlighted in detail