Books

An Introduction to Islamic Banking System
Seyyed Muhammad Bakr Sadr
1982
The macro approach of Islamic socioeconomic thought is reflected in voluminous detail in Ayatullah Bakr Sadr's well-known treatise: “Our Economy”. The same approach has been emphasized in planning an Islamic system of banking. In fact it is stated in this booklet that an Islamic Bank is not a viable proposition in a non-Islamic regime. In other words, an Islamic Bank can only thrive in an Islamic Economy. As the title of the original Arabic Series mentioned above indicates, Islam's comprehensiveness and integrity is inexorable. Another important point in this article concerns the need to resolve the differences in approach to Islamization of capitalist banking, so as to retain the efficacy of the current system on the basis of Islamic requirements. No doubt, this presupposes thorough understanding of the intricacies of the existing financial institutions. At the same time, it requires an equally thorough grasp of the relevant Islamic principles. All this means well-conceived and well-directed socioeconomic research and development.
Ownership in Islam
Ayatollah Seyyed Mohammad Beheshti
This book is a collection of the various speeches and lectures given by Dr. Beheshti and unfortunately, the untimely martyrdom of this great soul has not only left a big void among us, but is also felt in the area of his work where only his expert touch and deft editing could remove the inconsistencies of the tire speeches and make the written text as dynamic and alive as when he spoke them, thus removing the incoherence which might be felt in the text.