{"title":"An Investigation into Goodness of Zakat Laws in Selected Countries","authors":"M. Obaidullah","doi":"10.2139/SSRN.3303694","DOIUrl":"https://doi.org/10.2139/SSRN.3303694","url":null,"abstract":"Zakat as an annual flow of charity funds has received increasing attention of financial regulators and policy makers. Unlike other forms of Islamic philanthropy, zakat is mandated and compulsorily levied on every high-net-worth Muslim. Its primary goal is to serve as a tool to provide for the basic needs of the poor and the needy. Traditionally, most Muslim societies have viewed zakat as a purely religious matter. In such countries, zakat is managed entirely by the state apparatus dealing with religious affairs of its people. In some other countries with secularism as the avowed policy, the state sees no role for itself in religious matters and leaves the same to individuals and non-state actors. In yet another set of countries, the state sees the importance of a proactive role for itself in zakat management even while the task of zakat collection and distribution remains in the private domain. These countries have witnessed an increasing integration of zakat with the financial system. This paper hypothesizes that the regulatory framework for zakat management has an important bearing upon the mobilization of such funds and their utilization for alleviation of poverty. Using the concept of “goodness of laws” it undertakes a comparative analysis of the 29 sets of zakat laws as they exist in eight countries across the globe and seeks to delineate the “core principles” that should form the basis of legal and regulatory reforms that are necessary to strengthen the sector","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121209937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Pakistan: Need for Statutory Safeguards as to Privacy of Health Information","authors":"Faisal Daudpota","doi":"10.2139/SSRN.2886918","DOIUrl":"https://doi.org/10.2139/SSRN.2886918","url":null,"abstract":"Confidentiality of medical and health information is a highly respected and strictly enforced right of patients in many countries, but in Pakistan it is a right that is not sufficiently recognized or enforced. \u0000Pakistan needs to improves its laws when it comes to standards, regulation, and sanction for the breach of confidentiality of medical information. There are some elementary references to confidentiality of patients’ health information in select voluntary guidelines, and charters of provincial level statutory bodies, which are assessed in this article as to their sufficiency or not. \u0000Policy makers in Pakistan need to acknowledge that health information can include some of the most intimate details about a person’s life. It can include a patient’s physical and mental health, and can also include information on social behaviours, personal relationships, and financial status. \u0000If privacy of health information is disrespected then the individuals whose health information is inappropriately shared/accessed can face a number of potential harms. The unauthorized disclosure of health information may cause intrinsic harm simply because that private information is known by others. Another potential danger is economic harm. Victims of breach could lose their job, health insurance, or housing if the wrong type of information becomes public knowledge. Victims of breach could also experience social or psychological harm.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132700453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Struggle for Middle Eastern Nations to Join the World Trade Organization","authors":"J. Urban","doi":"10.2139/SSRN.2400765","DOIUrl":"https://doi.org/10.2139/SSRN.2400765","url":null,"abstract":"The article explains the significant positive impact the World Trade Organization (WTO) could have on the Middle East and international trade globally, but the struggle Middle Eastern countries are having in their accessions to the WTO. There is a comparison within the article, between Middle Eastern Countries that have acceded to the WTO and Middle Eastern Countries that have been the accession process for many years with very little progress in gaining membership. The article makes suggestions on how the Middle Eastern Countries stuck in the accession process can advance by following in their neighbors’ steps, as well as, why current WTO members should support Middle Eastern Countries’ accession, due to the vast benefits membership would reap bringing about peace, security, and solidarity.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122409302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Islamıc Wealth Management in History and at Present","authors":"M. Çizakça","doi":"10.4197/ISLEC.28-1.1","DOIUrl":"https://doi.org/10.4197/ISLEC.28-1.1","url":null,"abstract":"Wealth management has two basic components, accumulation of wealth and its re-distribution. I have explained in this article the basic principles according to which institutions actually see to it that wealth is accumulated and then re-distributed in an Islamic economy. I then focus on one particularly important institution, the awqaf. This is followed by a comparison of the Islamic waqfs with those of the West and China. Regarding the former, some special problems witnessed by the Turkish and Malaysian waqfs are also mentioned. More generally, an explanation of the decline of the Islamic waqf system is provided. Finally, the ongoing attempts for recovery are also briefly mentioned.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"83 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132235092","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Анализ Конкуренции Институциональных Регуляторов в Условиях Северного Кавказа (Analysis of Institutional Competition Regulators in the Northern Caucasus)","authors":"K. Kazenin","doi":"10.2139/ssrn.2599438","DOIUrl":"https://doi.org/10.2139/ssrn.2599438","url":null,"abstract":"Russian Abstract: В работе рассматривается феномен конкуренции институциональных регуляторов (полиюридизма) в регионах Северного Кавказа. Инструментом анализа этого явления служит современная институциональная теория. Рассматриваются конкретные ситуации, в которых, наряду с нормами российского законодательства, в северокавказских сообществах действуют альтернативные правовые нормы (обычного и/или исламского права). В работе содержится анализ одной из ситуаций данного типа. Выявляются разные взаимные конфигурации изучаемых регуляторов, даются рекомендации по снижению конфликтности, связанной с конкуренцией регуляторов.English Abstract: The paper deals with the phenomenon of institutional competition regulators (polijuridism) in the regions of the North Caucasus. Tool for the analysis of this phenomenon is the modern institutional theory. Dealing with specific situations in which, along with the Russian law, in the North Caucasus communities are alternative law (customary and/or Islamic law). The paper contains an analysis of the situations of this type. Identifies various mutual configuration studied regulators, makes recommendations to reduce conflicts associated with competition regulators.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129206708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Institutional Roots of Authoritarian Rule in the Middle East: Civic Legacies of the Islamic Waqf","authors":"T. Kuran","doi":"10.2139/ssrn.2449569","DOIUrl":"https://doi.org/10.2139/ssrn.2449569","url":null,"abstract":"In the pre-modern Middle East the closest thing to an autonomous private organization was the Islamic waqf. This non-state institution inhibited political participation, collective action, and rule of law, among other indicators of democratization. It did so through several mechanisms. Its activities were essentially set by its founder, which limited its capacity to meet political challenges. Being designed to provide a service on its own, it could not participate in lasting political coalitions. The waqf’s beneficiaries had no say in evaluating or selecting its officers, and they had trouble forming a political community. Thus, for all the resources it controlled, the Islamic waqf contributed minimally to building civil society. As a core element of Islam’s classical institutional complex, it perpetuated authoritarian rule by keeping the state largely unrestrained. Therein lies a key reason for the slow pace of the Middle East’s democratization process.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134089481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Effect of Nomination Under Life Insurance and Family Takaful","authors":"Y. Abubakar, A. Zahid, Ruzian Markom","doi":"10.12816/0019252","DOIUrl":"https://doi.org/10.12816/0019252","url":null,"abstract":"This paper discusses the concept of nomination under life insurance and family takaful law. Then it examines the debate of Islamic scholars over the status of nominee under family takaful contract. After it, it puts forward its own view.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123560259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Interim Measures in Arbitration Under the Pakistani Legal Regime","authors":"Ikram Ullah","doi":"10.1093/ARBITRATION/29.4.653","DOIUrl":"https://doi.org/10.1093/ARBITRATION/29.4.653","url":null,"abstract":"One of the reasons for the failure of arbitration in Pakistan is the inefficacious law on interim measures. A party can get these measures from court only after the commencement of requisite proceedings and after following a very lengthy procedure in an environment where the courts have tendency to go into the merits of dispute at this preliminary stage. The new proposed law on arbitration should not only remove these lacunae in the present law but should also modernize the arbitration law in Pakistan by giving the arbitrator power to issue an ex parte interim measures also enforceable against the non-parties. Since, the conferral of such powers to a private person, who is not appointed as a judge by state, is not new in Pakistan, it is suggested to incorporate in the new proposed law the amendments in the United Nations Commission on International Trade Law (UNCITRAL) Model Law regarding the interim measures as were made in 2006 because that is also compatible to the Pakistani legal culture.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114086697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Principles and Practice of Islamic Finance Systems","authors":"Dr. Julius B. Bertillo, Dr. Josefina Salando","doi":"10.2139/ssrn.1880028","DOIUrl":"https://doi.org/10.2139/ssrn.1880028","url":null,"abstract":"This paper aims to highlight the Islamic finance systems in the Arab world. Specifically, it answered the following: a) principles and prohibitions, b) traditions and practices; and c) global challenges and opportunities. The Islamic Finance was embraced by the Muslims in the Arab world for the purpose of lending money to others for their start-up capital or for other personal needs. The general concept of Islamic Finance it is based on Shariya Law prohibits imputing a fixed rate of interest; acceptance of fees or charges on loans is called Riba or usury. The practice of usury or charging of interest on loans is contrary to the Islamic principles of the Muslims called haraam or forbidden. This ideology was adopted by the Islamic banking, financial institutions, and non-profit organizations within the Muslim community. It is an Islam dogma forbidding lending out money with interest rate. The Islamic rules on transactions are provided for in the Fiqh al-Muamalat. Monies lent out earn benefits through profit and loss sharing of Islamic financing which is commonly called as Mudharabah in Arabic. Wadiah is the Islamic term for safekeeping. Musharakah is a joint venture of any particular business in the Arab countries. Murabahah refers to cost plus contract, and ljar for finance lease. The financial systems in the Arab countries operate under the provisions of the Shariah Law. Therefore, Shariah Law in the legal point of view are more focused on banking industry, micro financing, entrepreneurship, politics, economics, as well as religion as the bottom line of this Islamic law, and considers the guiding principle of the Muslims in the real life situation (Silva, 2006). Hence, this article is based on qualitative-quantitative research approach of investigation.","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133248805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Arab Spring and Islamic Legal Thought","authors":"L. Sykiainen","doi":"10.2139/ssrn.2258422","DOIUrl":"https://doi.org/10.2139/ssrn.2258422","url":null,"abstract":"At the end of 2010 there was series of political crises in the Arab world and this period came to be known as “the Arab Spring”. Islam has played a significant role in these events. In certain countries overthrowing the existing regimes resulted in Islamic governments coming to power. A number of aspects of the Arab Spring attracted the attention of contemporary Islamic legal thought. Its different schools diverge in the assessment of the mass protests. Islamic jurisprudence explains the “fiqh of revolution” which justifies the demonstrations and protests against the regime from a Sharia-based point of view","PeriodicalId":269513,"journal":{"name":"Islamic Law & Law of the Muslim World eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114881822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}