How Long to Read An Introduction to Islamic Finance

How Long Does it Take to Read An Introduction to Islamic Finance?

It takes the average reader 2 hours and 29 minutes to read An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani

Assuming a reading speed of 250 words per minute. Learn more

Description

Although the principles of Shari'ah require banks and financial institutions to be structured on an interest-free basis, this does not mean that such institutions are charitable concerns. As long as a person advancing money expects to share in the profits earned (or losses incurred) by the other party, a stipulated proportion of profit is legitimate. The philosophy is enshrined in the traditional Islamic concepts of musharakah and mudarabah, along with their specialized modern variants murabahah, ijarah, salam, and istisna'. This invaluable guide to Islamic finance clearly delineates the all-important distinctions between Islamic practices and conventional procedures based on interest. Justice Usmani of Pakistan, who chairs several Shari'ah supervisory boards for Islamic banks, clearly explains the various modes of financing used by Islamic banks and non-banking financial institutions, emphasizing the necessary requirements for their acceptability from the Shari'ah standpoint and the correct method for their application. He deals masterfully with practical problems as they arise in the course of his presentation, and offers possible solutions in each instance.

How long is An Introduction to Islamic Finance?

An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani is 146 pages long, and a total of 37,376 words.

This makes it 49% the length of the average book. It also has 46% more words than the average book.

How Long Does it Take to Read An Introduction to Islamic Finance Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 24 minutes to read An Introduction to Islamic Finance aloud.

What Reading Level is An Introduction to Islamic Finance?

An Introduction to Islamic Finance is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy An Introduction to Islamic Finance?

An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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