We try to introduce in this paper an outline of explanation of the under development sources in the Arab world, by adopting the new definition of the social capital and institutional efficiency. It will be summarized around the intuition of spontaneous institution. It signifies the respect of...

During wars and domestic disturbances, currencies value tend to fluctuate. This raises the inevitable question of how debts should be repaid; shall the depreciation in the currency value be taken into account so that the debtor shall be required to repay an excess to the debt to compensate the...

It is noticeable that some of the Ijtihad-based Shariah opinions governing Islamic banking and finance lack common sense and are void of any wisdom, despite the fact Islamic law of transactions is rationalized and meant to bring Maslaha and benefits to human beings. It is as if entering the...

During wars and domestic disturbances, currencies value tend to fluctuate. This raises the inevitable question of how debts should be repaid; shall the depreciation in the currency value be taken into account so that the debtor shall be required to repay an excess to the debt to compensate the...

The study deals with an analysis of the total financial and economic status of women in Islam, regardless of their positions, such as being a wife, a mother or a daughter. The research highlights the position of women in Islam compared to their counterparts under some other statutes to highlight...

The Islamic financial institutions are criticized for failure to play their perceived role in terms of assuming social responsibility. They are expected, based on their inception philosophy, to contribute to the social welfare in the societies in which they operate and to the advancement of...

Reciprocal loans are loans that are conditional on each other; a lender stipulates that the borrower provides him a simultaneous or deferred loan in exchange for his loan. The prohibition may approach this transaction from two angles; one is the possibility of the occurrence of Riba as the...

We try to introduce in this paper an outline of explanation of the under development sources in the Arab world, by adopting the new definition of the social capital and institutional efficiency. It will be summarized around the intuition of spontaneous institution. It signifies the respect of...

In this paper, we try to introduce an outline of an explanation of the sources of underdevelopment in the Arab world, by adopting a new definition of social capital and institutional efficiency. This concept will be summarized around the intuition of the spontaneous institution. It means...