Islamic Law Scholarship Roundup

  • In “The Role of Islamic Finance in the Capital Market in Uzbekistan” (European Journal of Innovation in Informal Education 2, no. 1 (2022)), Z.A. Kayimova and M.A. Bakayeva (Bukhara State University) state that “Islamic law imposes certain prohibitions and restrictions on transactions, including receiving a set percentage or fee for providing financing/loan (known as riba or usury), regardless of whether the payments for such financing were fixed or floating.”
  • In “The Nature of Bitcoin and the Provision of it in Terms of Islamic Law” (European Journal of Research Development and Sustainability 3, no. 2 (2022)), Hayder Ali Kadhim Al Fatlawi and Wasan Khifah Abdulridha A Lsaedi (University of Karabuk) “recommend that the Islamic jurisprudence academies and the official fatwa role in the Arab and Islamic world form specialized committees, including economists and financial experts, neutral, legal and legal specialists in contemporary financial transactions, and study digital currencies in general, and Bitcoin in particular, and issue a legal ruling between controlling the characteristics of these Currencies and their limits.”
  • In “Standardization of Companies and The Islamic Business Environment in Indonesia” (Jurnal Ilmiah Ekonomi Islam 8, no. 1 (2022)), Hisam Ahyani and others document Islamic companies in Indonesia with an explanation of the criteria by which companies can be described as “Islamic.”
  • In “Peculiarities of Studying Family Law in Islam” (Zien Journal of Social Sciences and Humanities 7 (2022)), Yusupova Nigora (International Islamic Academy of Uzbekistan) “emphasizes and analyzes the importance and role of family rules in Islam, its peculiar properties, socioeconomic, cultural and educational bases that are very effective in educating members of the family in the spirit of a national idea, values and patriotism.”

Leave a Reply