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Studies in Islamic Financial Management by Dr. Hussein Muhammad Samhan
JOD
Get it by 5 Aug | Order in 3 Hours 1 Minutes
The science of financial management is considered a vital economic science as it significantly influences the administrative decision-making process. However, in the capitalist economic system, this science relies heavily on the concept of usurious interest and its influential role. Therefore, the author aimed to establish and disseminate administrative principles compatible with the nature and specificity of financial institutions—financial management principles that do not rely on usury. This is achieved by benefiting from the science of financial management, accepting all its aspects except what God has forbidden, and developing equations and indicators to align with Islamic economic thought.