Economy
S.M.Reza Amiri Tehrani
Abstract
The Art of Islamic Banking and Finance narrates the author’s (Yahia Abdul- Rahman) achievement in constituting an interest-free bank in the U.S.A. As a matter of fact, he explores banking and finance laws and regularities in the U.S as well as the Islamic banking system in the ...
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The Art of Islamic Banking and Finance narrates the author’s (Yahia Abdul- Rahman) achievement in constituting an interest-free bank in the U.S.A. As a matter of fact, he explores banking and finance laws and regularities in the U.S as well as the Islamic banking system in the world. The remarkable difference between these two kinds of banking systems is that the former is based on the monetary market and the latter on the real economy. In the Islamic banking system, the rent expense of a commodity to be financed is measured based on rules known as “commodity indexation” and “marking to market”. Moreover, in such a system, the interest rate of the ordinary banking system is substituted with the rent expense of a commodity. Thus, rent expenses are not fixed like interest rates. The prominent characteristic of an Islamic banking system is not only its interest-free feature but also its civility and social responsibility. The main pitfalls of the book include a lack of comprehensive discussion and a lack of reporting the Islamic banking systems of other Muslim countries. Besides, no thorough analysis of banking system experiences has been done and has not paid attention to the critique of the Iranian banking system.
Philosophy
S.M. Reza Amiri Tehranizadeh
Abstract
Philosophy of Money is the most important work of Georg Simmel that is reconsidered nowadays in academies after that was neglected during the last century. In contrast to its title, this book is not about economics. It is a book on the multidisciplinary subject in the fields of philosophy, ...
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Philosophy of Money is the most important work of Georg Simmel that is reconsidered nowadays in academies after that was neglected during the last century. In contrast to its title, this book is not about economics. It is a book on the multidisciplinary subject in the fields of philosophy, culture, psychology, social sciences, and economics. This article has two goals; first, to introduce the content of this work briefly and second, to analyze the relation of this book to academic specialization in scientific disciplines. For the first purpose, the most important concepts of the Philosophy of Money are reviewed briefly. The second purpose is considered from two aspects; first, what are the reasons for reconsidering this work in academies nowadays, after a century of neglect? And second, what relevance can this work hold to the humanities and social sciences’ situation in Iran? Therefore, in the first place, the Simmel’s theory of social forms is reviewed, and then upon it, concepts such as objectification, ramification, subject-object, modernity, aesthetics, end-mean, and the form of religion are discussed. In appraising the relevance of Philosophy of Money to academic specialization in the contemporary world and especially to the academic atmosphere in Iran, nowadays phenomena of the booming of interdisciplinary research in humanities and social sciences and the relation of religion to these sciences are considered.
