Islamic Finance and the Shari`ah: The Dow Jones Fatwa and Permissible Variance as Studies in Letheanism and Legal Change
The following is the table of contents of Islamic Finance and the Shari'ah: The Dow Jones Fatwa and Permissible Variance as Studies in Letheanism and Legal Change. This book was published in December of 2013 and is available Amazon and at Dr. McMillen's CreateSpace page. A more detailed discussion of that book can be found at Discussion of Book - Islamic Finance and the Shari'ah. Please see Dr. McMillen's author page on Amazon.
ISBN-13: 978-1494717292
ISBN-10: 10-1494717298
From time to time the Publisher offers discounts on this publication. See Publisher's Discounts on IFIP Publications under the tab Bespoke Publications and Discounts. In addition, bulk purchase discounts are available, as discussed in Bulk Purchase Discounts under the tab Bespoke Publications and Discounts.
Foreward: by Sheikh Yusuf Talal DeLorenzo
Preface.
A. Of Camels, Date Palms and Developmental Modalities
1. This Book: General Topics, Substrate Data Set
2. The Story
3. The Complexities
4. Scientific Method: First Lights
5. Scientific Method: Radical Realizations
6. Morals of the Story
B. A Matter of Usage
C. Practices, Views and Responsibilities
Prefatory But Pervasive Concepts
Wave and Particle
Part I: The Context
1. Objectives and Organization
A. Objectives
B. Organization
2. Modern Islamic Finance
A. Introduction
B. Interregnum to Revival and Recovery
C. Seven Critical Factors
D. Transformation and Adaptation
E. Onward: Historical Lessons
3. The Critique
A. Introduction
B. Issues and Criticisms of Shafi'ian Modality
4. In Search of an Interpretive Modality
A. Langdell and Classical Legal Thought
B. Shafi'ianism
Part II: The Shari'ah and Its Interpretation
5. The Shari'ah
A. Overview of the Shari'ah
B. Shari'ah Interpretation in Islamic Finance
6. Shari'ah Scholars and Boards
A. Transactional and Entity Roles
B. Shari'ah Scholars as Jurisconsults
C. Contemporary Shari'ah Boards
7. The Fatwa
Part III: DJIMI Fatwa and Sequelae
8. The Developmental Challenge
9. Alternative Data Set and Foundational Examples
10. The DJIMI Fatwa
A. The Concept of Variance or Impurity
B. Instrument and Business Activity Screens
C. Financial Screens
D. Removal, Disposition, Continuing Review and Improvement
11. First Sequelae: Other Balance Sheet Tests
12. Second Sequelae: Operating Statement Tests
13. Third Sequelae: Bifurcated Structures - Ijara
A. Introduction
B. Development of the Bifurcated Structure
C. The Transactional Lease Structure
1. Structure and Lease
2. Additional Shari'ah Documents
3. Tax Matters Agreement
4. Collateral Security
14. Fourth Sequelae: "Primary Business" Principles in Non-Equity Contexts
15. Fifth Sequelae: Variance Principles Not Set Forth in the DJIMI Fatwa
A. Introduction
B. Occupational and Tenant Leases
C. Single Islamic Tranche Structures
16. Sixth Sequelae: Purification
17. Murabaha Transactions
A. True Murabaha and Vector Murabaha Transactions
B. Critic's Murabaha Construct
Part IV: Issues and Conclusion
18. Intent
19. Formalism and Realities
20. Discretion
21. Complexities and Transaction Costs
A. The Relevant Standard: Intention and Purpose; Tolerance
B. Complexities
C. Transaction Costs
22. Social Justice and Policy
23. Interpretive Modalities
24. Conclusion
Bibliography
Index
ISBN-13: 978-1494717292
ISBN-10: 10-1494717298
From time to time the Publisher offers discounts on this publication. See Publisher's Discounts on IFIP Publications under the tab Bespoke Publications and Discounts. In addition, bulk purchase discounts are available, as discussed in Bulk Purchase Discounts under the tab Bespoke Publications and Discounts.
Foreward: by Sheikh Yusuf Talal DeLorenzo
Preface.
A. Of Camels, Date Palms and Developmental Modalities
1. This Book: General Topics, Substrate Data Set
2. The Story
3. The Complexities
4. Scientific Method: First Lights
5. Scientific Method: Radical Realizations
6. Morals of the Story
B. A Matter of Usage
C. Practices, Views and Responsibilities
Prefatory But Pervasive Concepts
Wave and Particle
Part I: The Context
1. Objectives and Organization
A. Objectives
B. Organization
2. Modern Islamic Finance
A. Introduction
B. Interregnum to Revival and Recovery
C. Seven Critical Factors
D. Transformation and Adaptation
E. Onward: Historical Lessons
3. The Critique
A. Introduction
B. Issues and Criticisms of Shafi'ian Modality
4. In Search of an Interpretive Modality
A. Langdell and Classical Legal Thought
B. Shafi'ianism
Part II: The Shari'ah and Its Interpretation
5. The Shari'ah
A. Overview of the Shari'ah
B. Shari'ah Interpretation in Islamic Finance
6. Shari'ah Scholars and Boards
A. Transactional and Entity Roles
B. Shari'ah Scholars as Jurisconsults
C. Contemporary Shari'ah Boards
7. The Fatwa
Part III: DJIMI Fatwa and Sequelae
8. The Developmental Challenge
9. Alternative Data Set and Foundational Examples
10. The DJIMI Fatwa
A. The Concept of Variance or Impurity
B. Instrument and Business Activity Screens
C. Financial Screens
D. Removal, Disposition, Continuing Review and Improvement
11. First Sequelae: Other Balance Sheet Tests
12. Second Sequelae: Operating Statement Tests
13. Third Sequelae: Bifurcated Structures - Ijara
A. Introduction
B. Development of the Bifurcated Structure
C. The Transactional Lease Structure
1. Structure and Lease
2. Additional Shari'ah Documents
3. Tax Matters Agreement
4. Collateral Security
14. Fourth Sequelae: "Primary Business" Principles in Non-Equity Contexts
15. Fifth Sequelae: Variance Principles Not Set Forth in the DJIMI Fatwa
A. Introduction
B. Occupational and Tenant Leases
C. Single Islamic Tranche Structures
16. Sixth Sequelae: Purification
17. Murabaha Transactions
A. True Murabaha and Vector Murabaha Transactions
B. Critic's Murabaha Construct
Part IV: Issues and Conclusion
18. Intent
19. Formalism and Realities
20. Discretion
21. Complexities and Transaction Costs
A. The Relevant Standard: Intention and Purpose; Tolerance
B. Complexities
C. Transaction Costs
22. Social Justice and Policy
23. Interpretive Modalities
24. Conclusion
Bibliography
Index
