Islamic business research

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Islamic business research

Such a definition does not fully capture the deeper meaning of Tawheed. As a theological term, it means the Oneness, Uniqueness and incomparability of Allah Allah to any of His creatures.

Based on the Qur'an, there are three crucial requirements of Tawheed: This comprehensive meaning of the Unity of Allah implies other types of unity: Unity of the basic Divine message to mankind which was communicated in various revelatory forms. The Qur'an makes it incumbent on its adherents to believe in, love and honor all prophets and Messengers of Allah.

They are viewed as one brotherhood, and as links in the revelatory chain throughout human history. The Prophet is presented in the Qur'an not only as the seal and last of all prophets, but also as the only messenger whose mandate and mission embraces the whole world.

His teachings complete and culminate all earlier forms of revelation 2.

IBIMA Publishing Journal of Islamic Banking and Business Research

Unity of the human race, created by Allah and descendants of the same Parents. This depicts humanity as a large family characterized with unity in Diversity.

Unity between all aspects of human livings 7 on earth as they all come under the jurisdiction of Allah. To compartmentalize life into religious and secular, spiritual and mundane is contrary to the essence of Tawheed.

Islamic business research

Unity between the present life and the life to come 8both come under the same Divine jurisdiction. As such, individual and collective decision-making is guided by a time scale, which is not limited by one's life span, the life of one or more generations, or even the life of all generations.

Every action has consequences both in this life and in the life to come. Yet, the main beneficiary of these bounties is the human. He began the creation of the human with clay. And made his progeny from a quintessence of the nature of fluid despised.

Then He fashioned him in due proportion, and breathed into him something of His Spirit. And He gave you [the faculties of] hearing, sight and understanding [and feelings]. Little thanks do you give. The 'clay' represents the earthly of carnal elements of human nature. Urges and instincts, in themselves, act as mechanisms through which the physical survival and perpetuation of the human race are ascertained.

The human is also endowed with intellect and the power of reasoning. It is true that reason alone is insufficient to understand all the mysteries of creation. Nonetheless, reason is neither irrelevant to the strengthening of one's faith, nor is it the antithesis of faith.

Indeed, the use of intellect and reason is not only accepted, but also urged. Not but for just end, and for a term appointed, did Allah create the heavens and the earth, and all between them.

Yet, are there truly many among people who deny the meeting with their Lord and resurrection! Animal possess intelligence in varying degrees.


It also establishes the unique position of the human as the crown of creation. We said to the angels, bow down to Adam. They bowed down except lblis. He was one of the Jinn, and he broke the Command of his Lord. This responsibility is a heavy responsibility, one, which requires making the right choice.

Failing to make such a choice leads to the loss of that position of honor and distinction. The human may even descend to a position, which is less than that of animals.

A person may become one of those who: They are like cattle, nay more misguided; for they are heedless of warning. The human is regarded as neither a fallen angel nor and ascending animal.

Centre for Islamic Business and Finance Research - The University of Nottingham - Malaysia Campus

The human is rather, a responsible being with the potential of ascending to a position that is higher than that of angels, or descending to a position that is lower than that animal. The 'forbidden tree' symbolizes the universal ethical experience of every human being.

It eloquently and effectively sums up the concepts of freedom of choice, temptation, decision-making, erring, realization of error, repentance and forgiveness. It represents the main ethical challenges before humankind:The business scene in the Islamic world may be as complex as its billion people, but one rule is nevertheless quite straightforward for Westerners who want to do deals.

"One thing you do not bring up is the Palestinian-Israeli situation," advised Samuel L. Hayes III, an expert on Islamic finance. Islamic economics aims at analysing, interpreting, and resolving economic problems in accordance with the principles of Islam. It supplements conventional economic analysis by exploring the religious and moral aspects of economic life.

Islam is an avowedly norm-based way of life seeking spiritual. About Journal of Islamic Banking & Finance The Journal of Islamic Banking & Finance (JIBF) provides a forum for researchers in Islamic Banking and Finance, wishing to share their expertise with a vast intelligentsia in the form of articles, research papers, discussion papers and book reviews.

JIABR is the only international journal that offers a platform for publishing both theory and practice of Islamic accounting, auditing and business research beyond Islamic banking, finance and economics.

The research may involve the construction or testing of a model or framework, action research, testing of data, market research or surveys, empirical, scientific or clinical research. Viewpoint. Any paper, where content is dependent on the author's opinion and interpretation, should be included in this category; this also includes journalistic pieces.

As a Research Analyst in Islamic Financial Services, you will provide research support to financial services client engagements by collecting, summarising, analysing, and synthesising facts that serve as critical inputs to client service teams, interpreting your findings into implications for the teams.

Centre for Islamic Business and Finance Research - The University of Nottingham - Malaysia Campus