JKAU: Islamic Econ., Vol. 30 No. 1, 158 Pages (January 2017)

DOI: 10.4197 / Islec. 30-1

Contents

KAUJIE Transcription Table

Glossary

Articles

Islamic Economics and Prospects for Theoretical and Empirical Research

Sayyid Tahir ............................................................................................................................................................ 3

Legal Pluralism, Property Rights and the Paradigm of Islamic Economics

Valentino Cattelan .................................................................................................................................................. 21

Waqf-Based Social Micro Venture Fund: A Proposal for the Malay-Muslim Community in Singapore

Norliana Mohd Hamber and Aslam Haneef ........................................................................................................... 37

Discussion Forum

Allocation of Investment in an Islamic Zero‑Interest‑Rate Economy

Muhammad Anas Zarqa .......................................................................................................................................... 63

‘Tyranny of Discounting’ versus the ‘Tyranny of Growth’: Need to Go beyond Economics to Attain a Just Society

Muhammad Nejatullah Siddiqi ............................................................................................................................... 73

Time Value of Money and the Choice of an Appropriate Instrument for Allocation of Investment

Volker Nienhaus ......................................................................................................................75

Investment Decision Making, Time Value of Money and Discounting  in an Islamic Economy

Fahim Khan ............................................................................................................................................................ 83

Incentive-Compatible Contracts and the “Efficiency Cost” of Sharīʿah-Compliance

Daniel Hardy .......................................................................................................................................................... 87

Discounting for Future Costs and Benefits: Economic Versus Social Evaluation of Projects

Steve Keen ............................................................................................................................................................... 91

Young Researcher Section

Capital Structure of Malaysian Sharīʿah-Compliant Firms

Omer Bin Thabet, Fazlin Ali, Abdullah Mohammed Ayedh and Fekri Ali Shawtari ......................................... 105

Developing an Index of Socio-Economic Development Consistent with Maqāṣid al-Sharīʿah

Salman Ahmed Shaikh ............................................................................................................................................ 117

Book Review

S. Nazim Ali & Shariq Nisar: Takaful and Islamic Cooperative Finance: Challenges and Opportunities

Reviewed by: Umar Farooq .................................................................................................................................. 133

Abdul Azim Islahi: Economic Thinking of Arab Muslim Writers during the Nineteenth Century

Reviewed by: Javed Ahmad Khan ......................................................................................................................... 141

Guidelines for Contributors .............................................................................................................................. 149

Cumulative Index for last Five Years ................................................................................................................ 155


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3/18/2018 1:51:54 PM