Bangladesh Journal of Integrated Thoughts
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Financial Development, International Trade and Economic Growth Nexus (1971-2016): Examining Bangladesh Perspective
Full text linkStudies have examined economic growth mostly without inspecting the combined effect of international trade (IT) and financial development (FD). Considering Bangladesh\u27s perspective, this study investigates the nexus of IT, FD, and economic growth. Time-series econometric data covering 1971-2016 are used. Econometric techniques that are used to meet the objectives are mainly the “Augmented Dickey-Fuller” for unit root test, “Johansen and Juselius” test for co-integration and popular VECM for checking long-run equilibrium relation and causality test. The exploratory findings of this study show that a long-run equilibrium relationship exists among the IT, FD and the growth of the economy. This study also finds unidirectional or one-way long-run causality from IT and FD to the economy\u27s growth, and in the short-run, bidirectional causality is running from IT to Economic growth and Economic Growth to IT. Policies related to further FD and trade openness are suggested for accelerating the growth of Bangladesh economy
Higher Education at Private Universities in Bangladesh: Problems and Prospects
Full text linkEvery year the majority of students were deprived of higher education in public universities of Bangladesh due to limitations of available seats. Considering the issue, the government took an initiative to establish private universities by promulgating a new law titled Private University Act in 1992. Currently, Bangladesh has 3 international universities, 40 public universities and 95 private universities. Private universities have a great role in a developing country like Bangladesh for developing human capital as it is known that a well-educated and well-trained population drives a nation to rapid economic growth. Bangladesh has limited natural resources; however, it has a huge population. In this context, private universities can really play a vital role in creating knowledge-based economy by providing proper education, knowledge and skills to a large number of graduates. It is true that private universities are indispensable for fulfilling the growing demand of the higher education in Bangladesh, but a good many of them are unable to reach an acceptable standard in terms of teaching-learning, teachers, and market acceptability of their graduates. Most of the low-performing institutions have profit making tendency only. They lack good will and at the same time have been exploiting students. The government, Ministry of Education and University Grants Commission (UGC) should perform their role properly in helping the universities by giving the necessary guidance for overcoming the existing shortcomings, especially regarding infrastructural development, teaching-learning environment and quality education
Tawhid and Science: Islamic Perspectives on Religion and Science: by Osman Bakar, Arah Publications, 2008, Pp. 316, ISBN: 978-983-3718-35-1
No full textOsman Bakar‘s book Tawhid and Science: Islamic Perspectives on Religion and Science is one of those few books which according to Francis Bacon has to be chewed carefully and digested to get benefit from it. The general consensus among secular and even ―Islamist‖ individuals is that science and, by extension, technology is neutral, both in terms of culture and values, though many nowadays, due to the rise of the ecological movement, are also aware of its deleterious effects. Osman Bakar in his book presents the interconnection between the Islamic worldview and science, in a meticulous analytical manner. While many a reader educated in the West may feel that the term ―Islamic science‖ is problematic, the differential nature of science as it has developed in the West and the Islamic world is quite evident from Osman Bakar‘s book. Not only in its pragmatic aspects, but in terms of the ideational and philosophical foundations of the two kinds of science, they are different. The question of whether there can be an alternative to Western science, or whether science can be called value-neutral, is another point to consider. While everyone will not be convinced by the arguments put forward by Osman Bakar, the sophistication and cogency of a type of the argument will be difficult to deny
BIAS: Epistemological Bias in the Physical and Social Sciences
Full text linkBias: Epistemological Bias in the Physical and Social Sciences is a multi-authored book by eleven authors and edited by Abdelwahab Elmessiri. It critiques the bias in methodology and terminology suffered by the research, especially among the Third World intellectuals in general, and the Arab-Islamic world in particular. The bias, according to the book, is about the abandoning of the indigenous paradigms and biases that arise from their own existential and historical situations as a result of encountering the Western framework and paradigm as not only a foreign source but also believed to be dominant even among the Arab writers and researchers. The danger of this phenomenon is so pervasive that it tends to distort the whole process and gives serious effect to the future of the affected culture and civilization
ওয়াক্ফ ফান্ড এবং সামাজিক উন্নয়নে এর ভূমিকা: বাংলাদেশ প্রেক্ষিত
No full textWaqf is a charitable and altruistic activity. The definition, aims and objectives, mission and vision of Waqf in Islam are unique and profound. In Shariah, Waqf refers to the retention of any property in Almighty Allah’s ownership, which can be benefitted from, by suspending disposal of it and dedicating its revenues to public use as an act of charity. In Islam, Waqf is a Sadaqa Jaariyah (perpetual charity) that yields a prosperous life here and hereafter. Waqf funds have been playing a vital role in religious, familial and socio-economic progress throughout the ages. This concept was introduced by our Holy Prophet Muhammad (SAAS) and was carried on by his companions, his righteous followers of early generation and Muslim philanthropists. Through their devotion and sacrifices, this concept has spread all over the world. Subsequently, this concept has gained widespread acceptance as Islam reached the Indian Sub-continent including the Bengal. Numerous Waqf organisations have been established by the pious and devoted Muslims, on personal and institutional levels, with a view to upholding its aims and objectives. Currently, more than 150,000 registered and unregistered Waqf estates are operating under Bangladesh Waqf Administration. Besides, there are many privately operated Waqf estates that are not included in this estimation. It is universally accepted that these Waqf funds have been playing a praiseworthy role in various government and non- government sectors. Some of the important sectors of Waqf funds for social development are religious institutions, academic institutions, healthcare, public welfare, etc. In this article, we will mainly discuss about the historical context of Waqf, practice of Waqf in Islam, its definition and classification, textual evidence of permissibility, Waqf administration in Bangladesh, legislation, Waqf funds, beneficiary sectors, the role of Waqf fund in social development and some challenges encountered in Waqf administration as well as their solutions
Customer Retention for Digital Banking: Application of ‘Nudge Theory’
Full text linkThe aim of this paper is to examine the digital banking habit to achieve customer retention. Applying the ‘Nudge theory’, this paper examines the impact of banks’ inventiveness on changing monetary behaviour of the customers in the commercial banks. While the literature is still young, conclusions may be drawn about 1) the effects and evaluation of the banks’ products and services to nudge customers for saving more to retain customer loyalty and trust, 2) making the customers literate in personal financing knowledge to reduce the fund diversion after taking loan from banks, and 3) boosting repurchase intention of a customer
Towards An Islamic Theory of International Relations: New Directions for Methodology and Thought: by AbdulHamid AbuSulayman, Publisher The International Institute of Islamic Thought, Herndon, Virginia USA 1993
Full text linkThe book under review is an outcome of Islamization of knowledge series sponsored by the International Institute of Islamic Though based in The United States of America at Herndon, Virginia. The book was originally submitted to the University of Pennsylvania as a dissertation in international relations. In his scholarly introduction Dr. Isma‘il Raji al Faruqi asserted, ―In fact, this dissertation has rendered a service far greater than winning a doctorate for its author: it has exposed truths of Islam which are relevant to one of the most important fields of study in the century – namely, world order‖. The book has been acclaimed in the Muslim world as the first print in 1987 was exhausted and a second revised edition was needed in 1993. The writer explaining the importance of second publication emphasized, ―A reexamination of the sections dealing with the picture of contemporary relations between nations and, in particular, the policies adapted by the states in the Muslim world in response to those changes
History of Islam: Prophet Muhammad (SAAS) and Khulafae Rashidin: by Muhammad Omor Faruq and Mahfuzur Rahman Akahnda, Dhaka: Bangladesh Institute of Islamic Thought (BIIT), 2014, Pp.332, ISBN: 978-984-8471-23-4
No full textHistory is the scientific study of human affairs. In this regard, Allah has taught us that the study of history and obtaining lessons from it are essential for the success of mankind in this world and in the hereafter. The events of past nations remind us that some nations were destroyed as a result of their bad deeds whilst others attained success on account of their good deeds. By studying Islamic history man finds himself constantly in the company of Prophets, kings, conquerors, friends of Allah and scholars, as well as men of knowledge, wisdom, and excellence. Man can easily save himself from the mistakes committed by great rulers, military commanders, and thinkers. No other study has the benefit of filling the heart with so much joy and happiness and equipping one with so many benefits without causing boredom or a headache. However, Islamic history throws a flood of light on every stage of the Islamic world, nay of the whole world. When the whole world was steeped in vice and superstition, when the people of the globe were groaning under the pangs of oppression and tyranny and when chaos and confusion were the order of the day, Islam has become as a torch-bearer of peace and civilization. Islamic history is the history of Prophets, Muslim rulers, conquerors, friends of Allah and scholars, as well as the history of men of knowledge, wisdom, and excellence. Therefore, nobody can deny the urgent need of the study of Islamic history
ইসলামে নৈতিকতা ও আচরণ: ইসলামি আদবের দিক নির্দেশনা: লেখক: ড. মারওয়ান ইবরাহীম আল-কায়সি, অনুবাদ: শেখ এনামুল হক, প্রকাশক: বিআইআইটি, প্রকাশ: তৃতীয় সংস্করণ ২০১৩, আইএসবিএন: ৯৮৪-৮২০৩-২২-৭, পৃষ্ঠা: ১৭৬।
No full textআধুনিক বিশ্বের অন্যতম ইসলামি পন্ডিত ও চিন্তাবীদ ড. মারওয়ান ইবরাহীম আল-কায়সি, জর্দানের ইয়ারমুক বিশ্ববিদ্যালয়ে মানবিক বিভাগের অধ্যাপক। তিনি ইসলামের সমসাময়িক বিভিন্ন বিষয়ে বেশ কিছু বই লিখেছেন। বর্তমান বইটি তাঁর লিখিত ইংরেজি বই Morals and Manners in Islam : A Guide to Islamic Adab এর বাংলা অনবাদ। ইসলাম শুধু একটি ধর্ম নয়, একটি পরিপূর্ণ জীবন বিধান। ইসলাম একদিকে যেমন ধর্মীয় বিষয় আলোচনা করে তেমনি মানুষের ব্যক্তিগত, পারিবারিক, সামাজিক ও রাজনৈতিক বিষয়েও ইসলামের রয়েছে সুস্পষ্ট দিক নির্দেশনা। আলোচ্য বইটিতে তিনি মানুষের সামগ্রিক জীবনে ইসলামি আদবের বিধি বিধান অত্যন্ত সংক্ষিপ্ত অথচ হৃদয়গ্রাহীভাবে উপস্থাপণ করেছেন। একজন সত্যিকার মানুষের জীবন পদ্ধতি সম্পর্কে ব্যাপক জ্ঞানার্জনে আগ্রহী মুসলমান ও অমুসলমানদের জন্য এটি একটি সমন্বিত গ্রন্থ। লেখকের এ পুস্তিকাটি মূলত তাঁর দেশের সাংস্কৃতিক আবহে লেখা হলেও ইসলামের সার্বজনীন আবেদন এতে প্রকাশ পেয়েছে
ইসলামে সৌন্দর্যতত্ত্বের নীতিমালা: সংক্ষেপিত ভাষান্তর: শাকিল সোহায়েব আব্দুল্লাহ, সংক্ষেপিত ভাষান্তরের ক্ষেত্রে অধ্যাপক শাহেদ আলী কর্তৃক প্রণীত এবং বিআইআইটি কর্তৃক প্রকাশিত আত-তাওহীদ: চিন্তাক্ষেত্রে ও জীবনে এর অর্থ ও তাৎপর্য শীর্ষক গ্রন্থটির বাংলা অনুবাদের সহায়তা নেয়া হয়েছে।
No full textড. ইসমাঈল রাজী আল ফারুকী গত শতাব্দীর অন্যতম শ্রেষ্ঠ দার্শনিক ও ইসলামি চিন্তাবিদ। তার রচিত গ্রন্থ “Al Tawhid: Its Implications for Thought and Life” একটি অনন্য সাধারণ কীর্তি। তিনি এ গ্রন্থের শেষে “Principle of Esthetics” শিরোনামে একটি অধ্যায় রচনা করেন। সেখানে তিনি পাশ্চাত্যের মোকাবিলায় ইসলামের নন্দনতাত্ত্বিক শ্রেষ্ঠত্ব ও স্বাতন্ত্র তুলে ধরেন। বাংলা ভাষায় এ বিষয়ে কম কাজ হয়েছে। সেক্ষেত্রে এ লেখাটি নন্দনতত্ত্ব সংক্রান্ত গভীর প্রশ্নগুলো সম্পর্কে ধারণা লাভে সাহায্য করবে। এখানে অত্যন্ত জটিল একটি আলোচনার মূল কথাগুলি সংক্ষিপ্ত আকারে সরল ভাষায় উপস্থাপনের চেষ্টা করা হয়েছে। বিষয়টি আরও গভীরভাবে জানতে হলে পাঠককে মূল বইটি পড়ে নিতে হবে