A. Economics in the
Sources of Islamic Law
|
A0 General
|
A1 Qur’an and Economics
|
A2 Hadith and Economics
|
A3 Consensus on Economic
Matters
|
A4 Applications of
Customary Practice (urf ) in Economic Matters
|
A5 Application of
Jurisprudential Rules of Deduction/Preference in Economic Matters
|
A6 Jurisprudential
Research Effort (ijtihad) and its Examples in Economic Matters
|
A7 Economics in other
Sources of Islamic Law
|
B. Economics and
Objectives of Shariah (Maqasid al-Shariah)
|
B0 General
|
B1 Definition and
Classification of (Maqasid al-Shariah)
|
B2 Maqasid al-Shariah and Contemporary
Contracts
|
B3 Development of Islamic
Economics Theory and Maqasid al-Shariah
|
B4 Islamic Financial
Practice and Achievement of Maqasid al Shariah
|
B5 Maqasid al-Shariah and Economics and
Finance Issues (e.g. growth, welfare etc.)
|
C. Economics and
Islamic Jurisprudence
|
C0 General
|
C1 Essential Rules of
Jurisprudence (related to economic matters)
|
C2 Jurisprudence of
Contracts
|
C3 Shariah Maxims
|
C4 Jurisprudence Rules
Relating to Non-Monetary Matters
|
C41 Jurisprudence of
Neighborhood
|
C42 Jurisprudence of
Pre-Emption
|
C43 Jurisprudence of
Misappropriation (ghasb)
|
C5 Jurisprudence of
Monetary Matters
|
C51 Jurisprudence of Wealth
and Ownership
|
C52 Jurisprudence of Torts
|
C53 Jurisprudence of Trade
and other Business Forms
|
C54 Jurisprudence of Debts
|
C55 Jurisprudence
of Zakah (payers, categories of recipients etc.)
|
C56 Jurisprudence of
Voluntary and Compulsory Charity other than Zakah
|
C57 Jurisprudence of
Inheritance
|
C58 Jurisprudence of
Currencies
|
C59 Jurisprudence of
Markets
|
D. History of Islamic
Thought with Reference to Economic Matters
|
D0 General
|
D1 Contributions on
Economic Matters Before 5th Century AD
|
D2 Contributions
on Economic Matters from 6th to 19th Century AD
|
D3 Contributions on
Economic Matters After 19th Century AD
|
D4 Contribution to
Economic Thought by Muslim Scholars (Individual)
|
D5 Contributions by Muslim
Scholars on an Economic Issue
|
E. Islamic
Economic Institutions
|
E0 General
|
E1 Zakah (a prescribed Islamic
levy)
|
E11 Zakah and Taxation
|
E12 Zakah ,
Distributional Equity and Poverty Alleviation
|
E13 Zakah Accounting
|
E14 Contemporary Issues in Zakah
(e.g. zakah on shares)
|
E15 Applications of Zakah
in Modern Economies and Empirical Studies
|
E2 Trusts (awqaf )
|
E21 Historical Role of Awqaf
in Economic and Social Development
|
E22 Contemporary Issues in Awqaf
(e.g. cash awqaf, waqf model of insurance)
|
E23 Applications of Awqaf
in Modern Economies
|
E3 Other Charitable
Institutions
|
E31 Economics of Non-Profit
Organizations (NPOs)
|
E32 Management of NPOs
|
E33 Goodly Loan
Institutions
|
E4 Market
Inspection/Scrutiny (hisbah)
|
E41 Jurisprudential Aspects
of the Institution of Scrutiny
|
E42 Distinction Between the
Institution of Scrutiny and Judiciary
|
E43 Historical Role of
Market Inspector
|
E44 Contemporary Practices
of the Institution and their Evaluation
|
E5 Public Treasury (bayt
al-mal)
|
E51 Nature and Functions of
Bayt al-mal
|
E52 Historical Role of Bayt al-mal
|
E53 Bayt al-mal as Compared to Modern Ministries of Finance
and Economics
|
E54 Institution of Shura;
Functions, operating rules and Economic Implications
|
F. Economic Systems
and Islam
|
F0 General
|
F1 Islamic Economic System
|
F11 Components of Islamic
Economic System
|
F12 Salient Features of
Islamic Economic System
|
F13 Assessment of Islamic
Economic Practices in the Past and Present
|
F2 Islam and Capitalism
|
F21 Assessment of
Capitalistic System
|
F22 Similarities and
Dissimilarities Between Capitalistic and Islamic System
|
F3 Islam and Socialism
|
F31 Assessment of
Socialistic System
|
F32 Similarities and
Dissimilarities Between Socialistic and Islamic System
|
F4 Islam and Welfare State
|
F41 Assessment of Welfare
State System
|
F42 Similarities and
Dissimilarities Between Welfare State and Islamic System
|
F5 Comparative Economic
Systems
|
F51 General Studies on
Islamic Versus other Systems
|
F52 Specific Studies on a
Particular Economic Issue in Various Systems
|
G. Assessment of
Contemporary Economic Thought
|
G0 General
|
G1 Contemporary Economic
Thought and Islamic World View
|
G2 Assessment of Classical
and Neo-Classical Economics and its Institutions
|
G21 Scarcity of Resources
|
G22 Unlimited Wants
|
G23 Concept of Rationality
|
G24 Profit/Utility
Maximization
|
G25 Laissez-faire
|
G26 Pareto Optimality
|
G3 Assessment of Keynesian
Economics and its Institutions
|
G31 State and Market
Intervention
|
G32 Aggregate Demand and
its Components
|
G33 Role of Rate of
Interest in the Economy
|
G4 Assessment of Marxian
Economics and its Institutions
|
G41 Surplus Value
|
G42 State Control of
Property and its Economic Implications
|
G43 Labor Compensation
|
G5 Assessment of
Behavioral Economics and Finance
|
G6 Assessment of Heterodox
Economics
|
G61 Institutional Economics
|
G62 Austrian Economics
|
G63 Other Economic
Paradigms
|
H. Economic
Analysis
|
H0 General
|
H1 Teaching of Islamic
Economics and Finance
|
H2 Economic Models and
Paradigms
|
H21 Methodology of Islamic
Economics
|
H22 Theorization of Islamic
Economics
|
H23 Theory of Financial
Intermediation
|
H24 Assessment of Theories
of Islamic Economics and Finance
|
H25 Role of Jurisprudence
in the Development of the Theories of Islamic Economics and Finance
|
H3 Micro Economic
Behavior: Basic Islamic Principles
|
H31 Individual
Decision-Making: Uncertainty, Asymmetric Information
|
H32 Consumer Economics, Consumer
Protection, Household Behavior, Family Economics
|
H33 Theory of Firm and
Organizations of Production
|
H34 Market Structures and
Pricing
|
H35 Theories of Input and
Output Pricing
|
H36 Allocative Efficiency,
Externalities and Welfare
|
H37 Role of Information in
Market Efficiency, Insider Trading
|
H38 Value Theory
|
H39 Game Theory
|
H4 Macro Economics
|
H41 National Product/Income
and its Determination
|
H42 Unemployment, Inflation
and Business Fluctuation/Cycles
|
H43 Public Sector Economics
|
H44 Economics of Non-Profit
Sector
|
H45 Scope and Benefits of
Privatization
|
H46 International Trade
|
H5 Economic and Social
Development
|
H51 Islamic Concept of
Development and General Welfare (Falah)
|
H52 Financial and other
Requirement for Development and Growth
|
H53 Externalities and their
Treatment
|
H54 Issues Relating to Land
(rehabilitation, tenure systems, reforms)
|
H55 Growth and Development
in Economies of Muslim Countries
|
H56 Economic Cooperation
among Muslim Countries
|
H57 Environment and
Pollution Issues
|
H58 Islamic Institutions
such as Family, Brotherhood, Neighborhood and Economic Rights and
Responsibilities Emerging Therefrom
|
H59 Colonization,
Multinational Economic Institutions and their Effects on LDCs
|
H6 Economics and Related
Sciences Viewed from Islamic Perspective
|
H61 Economics and
Philosophy
|
H62 Law and Economics
|
H63 Tort Law and Under
Shariah
|
H64 Family and Personal Law
Under Shariah
|
H65 Business
Administration, Auditing and
Accounting
|
H66 Agricultural and
Natural Resource Economics
|
H67 Economics and Ethics
|
H68 Economics and Sociology
|
H69 Economics and Other
Social Sciences
|
I. Financial
Economics
|
I0 General
|
I1 Rationale for Islamic
Finance: Prohibition of riba
|
I11 Theoretical Debates on riba,
(definition, rationale of prohibition etc.)
|
I12 Types of riba
|
I13 Riba in Other Religions and
Philosophies
|
I14 Riba Versus Usury Versus
Interest
|
I15 Benchmarking using
interest rates like LIBOR
|
I16 Riba and its Economic
Effects
|
I2 Prohibited Contracts
and Practices (Other than riba)
|
I21 Gharar
|
I22 Gambling
|
I23 Ghaban
|
I24 Prohibited Types of
Buyu (Sale/purchase practices)
|
I3 Theory and Models of Islamic
Banking and Finance
|
I31 Two-Tier Mudarabah
|
I32 Profit, Loss and
Sharing
|
I33 Investment Banking
|
I34 Ethics-Based Investing
|
I4 Islamic Banking Models
Compared to Other Banking Models
|
I41 Islamic Banking and
Anglo Saxon Banking
|
I42 Islamic Banking and Universal
Banking
|
I43 Islamic Banking and
Socially Responsible Investing (SRI)
|
I44 Narrow Banking
|
I5 Relationship Between
Islamic Finance and International Financial Practice
|
I51 Capital Adequacy, Risk
Exposure and Basel Rules
|
I52 Rules of Engagements
with Conventional Banks
|
I53 Islamic Banking Windows
in Conventional Banks
|
I6 Islamic Non-Commercial
Banking Institutions
|
I61 Theory and Practice of
Islamic Fund Management
|
I62 Mudarabah Funds
|
I63 Community-Service Based
Financing (e.g. Tabung Haji)
|
I64 Equity Funds and
Indices
|
I65 Islamic Insurance,
Insurance Companies (takaful, re-takaful)
|
I66 Cooperatives and Small
Saving Institutions
|
I67 Micro Finance
|
I68 Housing and Real Estate
Financing (Mortgages)
|
I7 Capital, Money, Stock
Markets
|
I71 Portfolio Choice,
Investment Decisions
|
I72 Asset Pricing, Contingent
pricing
|
I73 Islamic Capital Markets
|
I74 Money Markets and
Islamic Finance
|
I75 Islamic Equity Markets
and Indices
|
I76 Islamic Secondary
Markets
|
I77 Venture Capital
|
I8 Modern
Contracts/Practices (Having Questions wrt Shariah Permissibility)
|
I81 Derivatives
|
I82 Futures
|
I83 Speculative Activities
|
I84 Options
|
J. Islamic Finance
in Practice
|
J0 General
|
J1 “Islamic” Finance in
Medieval Era
|
J2 Islamic Finance in
Twentieth Century
|
J3 Country/Regional
Experiences in Islamic Financial Practices
|
J31 Experiences of Full
Islamization of Economies
|
J32 Experiences of Mixed
Systems in Muslim Countries
|
J33 Experiences in
Non-Muslim Countries
|
J4 Scope and Prospects of
Islamic Finance
|
J41 History of Growth of
Islamic Finance
|
J42 Challenges Facing
Islamic Finance
|
J43 Future of Islamic
Finance
|
K. Classical
Islamic Contracts and their Use in Modern Islamic Financial Products
|
K0 General
|
K1 Designing, Structuring,
and Pricing of Islamic Products, i.e., Financial Engineering
|
K2 Use of Conventional
Benchmarks, LIBOR, etc.
|
K3 Qard
|
K4 Mudarabah
|
K5 Musharakah
|
K6 Murabahah
|
K7 Ijarah
|
K8 Muzaraah, Musaqah and
other modes related to agriculture sector
|
K9 Salam
|
K10 Istisna and other modes
related to manufacturing sector
|
K11 Wakalah
|
K12 Jualah
|
K13 Pawning (rahn)
|
K14 Supply Contract (tawrid)
|
K15 Tawwaruq
|
K16 Sukuk
|
K17 Tahawut (Hedging)
|
K18 Hawalah
|
K19 Guarantee (daman)
|
L. Appraisal of Islamic
Banking and Finance in Practice
|
L0 General
|
L1 Accounting and Auditing
Standards
|
L11 Accounting and Auditing
Standards for Islamic Financial Institutions (AAOIFI Standards)
|
L12 International Standards
Such as Set by Basel Committee and their Implications for Islamic Finance
|
L2 Issues in Islamic
Banking Laws and Shariah for Contemporary Islamic Finance Practice
|
L21 Shariah Standards
|
L22 Role of Shariah
Boards/Shariah Supervisors
|
L23 Shariah Auditing of
IFIs
|
L24 Issues Relating to Shariah-Compliance
|
L25 Banking Laws in Various
Jurisdictions and Practice of Islamic Finance
|
L26 Regulatory Schemes and
Shariah-Compliance Issues
|
L27 Efficiency of Islamic
Banking
|
L28 Rating of Islamic
Financial Institutions (IFIs), Rating Agencies.
|
L3 Technical Issues in
Islamic Financial Practice
|
L31 Portfolio Management
|
L32 Risk and Risk
Management
|
L33 Liquidity and Liquidity
Management
|
L34 Governance Issues in
Islamic Banking and Finance
|
L4 Comparative
Performance: Islamic Versus Conventional Banking and Finance
|
L5 New issues Arising in
the Practice of Islamic Banking and Finance
|
L6 Perceptions about the
Practice of Islamic Banking and Finance
|
M. Income and
Wealth Acquisition
|
M0 General
|
M1 Islamic Concept of
Wealth: Al-Mal (definition, kinds, nature of ownership)
|
M2 Sanctity of Private
Property and its Implications
|
M3 Collective (Societal)
Property and Rights of Member of the Society
|
M4 Personal Income and
Wealth Acquisition
|
M41 Islamic Rules for
Earning (kasb)
|
M42 Permissible Means of
Acquiring Income and Wealth
|
M5 Islamic Inheritance and
its Economic Aspects
|
M51 Islamic Rules of Inheritance
and their Economic Implications
|
M52 Islamic Rules of Will (wasiyyah)
and their Economic Implications
|
M53 Women’s Rights in
Property and Business Matters
|
M6 Impermissible Means for
Acquiring Income and Wealth (akl al-mal bil-baṭil)
|
M7 Functional Income and
Wealth Acquisition
|
M71 Islamic Concept of
Pricing of Factors of Production
|
M72 Rent and its
Jurisprudential Aspects
|
M73 Labor and Demographic Economics
|
M74 Wages and Compensation,
Minimum Wages
|
M75 Wage Discrimination
Across Genetic and Social Spectra
|
M76 Employer-Employee
Relations; Workers’ Rights; Trade Unions and Collective Bargaining
|
M77 Pension, Gratuity,
Unemployment Insurance
|
M78 Demographic
Composition: Rural-Urban; Male-Female and Their Respective Roles in the
Economy and Wage Differentials
|
M8 Rights and Responsibilities
of Wealth Owners
|
M81 Ownership Rights
|
M82 Imposition of
Restrictions on Ownership Rights (al-hajr, al-safah etc.)
|
M83 Ownership
Responsibilities (prohibition of israf, tabdhir, hoarding,
payment of zakah, etc.)
|
M84 Contemporary Issues in
Acquisition and Management of Wealth
|
N. Basic Needs,
Distributive Justice and Poverty Alleviation
|
N0 General
|
N1 Concept of Basic Needs
in Islam
|
N2 Islamic Strategy for
Need Fulfillment
|
N3 Basic Needs and Islamic
Distributive Schemes
|
N4 Means for Need
Fulfillment in Early Islamic History: (e.g. role of zakah and infaq)
|
N5 Social Safety Nets and
Modern Concepts
|
N6 Measurement and
Analysis of Poverty: Its types, Measures etc.
|
N7 Poverty Alleviation
(beyond need fulfillment)
|
O. Islamic Trading
and Business Principles and Contracts
|
O0 General
|
O1 Islamic Theory of
Contracts
|
O2 Types of Contracts from
Compensation Perspective (mu’awadat, tabarru’at)
|
O3 Types of Business From
Legal Title Perspective (individual proprietorship, sharikat, types of
sharikat)
|
O4 Types of Business from
the Perspective of Shariah Ruling (detestable, void, vicious)
|
O5 Gharar and its Implications
for Modern Contracts (trading of risk and/or uncertainties)
|
O6 Rules Governing
Combining Different Type of Contracts
|
P. Business
Management and Administration from an Islamic Perspective
|
P0 General
|
P1 Trading
|
P2 Importing/Exporting
|
P3 Services
|
P4 Other business Types
|
P5 Marketing
|
P6 Human Resource
Economics
|
Q. Money and
Monetary Economics
|
Q0 General
|
Q1 Islamic Concept of
Money
|
Q11 Definition, Types and
Functions on Money from an Islamic Perspective
|
Q12 History of Development
of Money in Islamic Countries
|
Q13 Demand for Money and
its Determinants
|
Q14 Time Value of Money and
Interest Rates
|
Q2 Metallic Money and
Rules Governing their Issuance and Use
|
Q21 Gold and Silver
|
Q22 Copper
|
Q23 Other Metallic Money
|
Q24 Rules Governing
Exchange on Currencies
|
Q25 Other Earlier Forms of
Money
|
Q26 Paper, Plastic and
Other Modern Types of Money
|
Q27 Status and Rules for
Issuance and Usage of Other Types of Money
|
Q3 Monetary Systems,
Standards and Regimes
|
Q31 Gold Standard
|
Q32 Standards Based on Fiat
Money
|
Q33 International Monetary
Arrangements
|
Q4 Financial Markets and
Macroeconomy
|
Q41 Government Policies and
Regulation
|
Q5 Central Banking and
Monetary Policy
|
Q51 Money Supply: Base
Money and Credit Creation
|
Q52 Tools of Monetary Policy
|
Q53 Special Issues Related
to Islamic Banks
|
Q6 Inflation and
Indexation
|
Q61 Inflation (including
historical perspectives)
|
Q62 Indexation
|
Q63 Price Fixation (tas’ir)
|
Q7 Debts and
Rights/Responsibilities of Creditors and Debtors
|
Q71 Types of Debt (loan,
deferred price in sale, deferred dowry etc.)
|
Q72 Rights and
Responsibilities of Creditor
|
Q73 Rights and
Responsibilities of Debtor
|
Q74 Permissibility and
Conditions of Declaring Bankruptcy
|
Q8 Financial and Economic
Stability: Islamic Perspective
|
Q81 Islamic Finance and
Economic and Financial Stability
|
Q82 Islamic Finance and
Economic, Debt and Financial Crises
|
R. Fiscal
Economics
|
R0 General
|
R1 Lessons from the
institution of Bayt al Mal for Contemporary Fiscal Economics
|
R2 Rules of Public Revenue
and Expenditure
|
R3 Sources of Public
Revenue in Early Islamic History
|
R31 Zakah al-Mal
|
R32 ‘ushr
|
R33 Ghanaim
|
R34 Ushur
|
R35 Kharaj
|
R36 Jizyah
|
R4 Modern Sources of
Public Revenue
|
R41 Contemporary Taxes and
the Rules Governing Them
|
R42 Direct Versus Indirect
Taxes
|
R43 Business Taxes
|
R44 Personal and other
Non-Business Taxes
|
R45 Taxes on International
Trade
|
R46 Tax Evasion and
Avoidance
|
R47 Non-Tax Public Revenue
|
R48 Resource Mobilization
for Public Sector Through Islamic Modes (e.g. sukuk)
|
R5 Public Expenditure and
its Types
|
R51 Public Expenditure
Mandated by Shariah
|
R52 Public Expenditure
Mandated by Citizens
|
R53 Public Expenditure
Caused by Emergencies
|
R6 Public Expenditure by
Sectors
|
R61 Public Expenditure on
Social Sectors: Education
|
R62 Public Expenditure on
Social Sectors: Health
|
R63 Public Expenditure on Welfare
Programs
|
R64 Public Expenditure on
Defense, and Internal Security
|
R65 Project Evaluation;
Social Discount Rate
|
R66 Public Expenditure on
Infrastructure
|
R67 Good Governance,
Corruption, etc.
|
R7 Public Borrowing
|
R71 History of Public
Borrowing by Islamic State
|
R72 Justification and Limits
of Public Borrowing
|
R73 Deficit Financing, its
Limits and Implications
|
R8 Fiscal Policy
|
R81 Tools of Fiscal Policy
|
R82 National Debt and Debt
Management
|
R83 Subsidies, Loans and
Guarantees Provided by the Government
|
R84 National, Provincial
and Local Government Budgets
|
R85 Intergovernmental Relations
|
R86 International Fiscal
Issues, WTO etc.
|
R9 Public Economics:
Miscellaneous Issues
|
S. Role of State
|
S0 General
|
S1 Economic Role of State
|
S2 Non-Economic Role of
State (spreading Islamic message)
|
S3 Rights and
Responsibilities of Rulers (al-ahkam al- sultaniyyah)
|
S4 Rights and
Responsibilities of Citizens
|
S5 Development Policy
|
S6 Commercial and
Industrial Policy
|
S7 Education Sector Policies
|
S8 Labor Sector Policies
|
S9 Population Policy (e.g.
family planning)
|
T. Economics of
the Corporate Sector
|
T0 General
|
T1 Capital Budgeting
|
T2 Limited Liability,
Bankruptcy
|
T3 Leveraging and
Derivatives
|
T4 Corporate Governance,
Corruption and Insider Trading
|
T5 Value of the Firm
|
T6 Mergers, Acquisition
|
T7 Human Resource Development
for IFI
|
T8 Unequal Exchange
(deceptively giving less counter-value)
|
U. International
Economic and Monetary Issues (Trade, Aid and Globalization, etc.)
|
U0 General
|
U1 Lessons from the
History of Caravan Trade
|
U2 Tariff and non-Tariffs
Barriers
|
U3 Trade Policies and
International Trade Organizations
|
U4 Remittances and Other
Financial Flows Across Borders
|
U5 Current Trade Account
and Adjustments
|
U6 Aid and its
Conditionalities
|
U7 Foreign Direct
Investment
|
U8 Globalization
|
U9 Reform of International
Economic and Monetary System
|
V. Surveys,
Encyclopedias, Glossaries, Dictionaries, Manuals etc.
|
V0 General
|
V1 Surveys
|
V11 Surveys on Islamic
Economic Matters
|
V12 Surveys on Islamic
Financial Matters
|
V2 Encyclopedias,
Glossaries and Dictionaries, etc.
|
V21 Encyclopedias,
Glossaries and Dictionaries on Islamic Economics
|
V22 Encyclopedias,
Glossaries and Dictionaries on Islamic Finance
|
V23 Encyclopedias,
Glossaries and Dictionaries on Jurisprudence of Mutual Dealings
|
W. Other Topics
|