This book provides a comprehensive overview of economic capital and risk management in Islamic finance. The concept of risk sharing explores economic capital from an Islamic perspective and compares it with conventional financial theory. The book also presents alternative models and practical examples to strengthen the regulation and supervision of the Islamic banking system, addressing critical policy challenges related to economic capital in Islamic finance, especially in countries with dual banking systems.

Based on a widely accepted view, the spread of Christianity in Indonesia was backed up by Dutch intervention. This article argues that the assumption is not entirely right. In some regions, the Dutch colonial and European settlers paid little attention to Christian missions. Garut, for example, was a city in the Priangan Residence that served as an economic center for the Dutch. Islamic influence was very strong in Garut. Therefore, when the NZV reached Garut in 1899, it received no support (...) from the Dutch colonial administration. The effort to spread Protestant Christianity was initiated by the Chinese people. The strong Islamic influence in Garut became the main barrier preventing people's conversion to Christianity. Even though at the beginning of the 20th century there was no direct resistance, but secretly the Islamic leaders fought back by building negative perceptions of both the Netherlands and Christianity by labeling them as kafir and unclean. (shrink)

As the country with the largest Muslim population in the world, Indonesia has great potential in the halal industry. However, research on symbols in Indonesia’s Islamic philosophy and economic history is still far behind that of other countries. Therefore, efforts are needed to improve its study. This research aims to describe and understand the importance of the symbol in the philosophy and history of Islamic economic practices in Indonesia. The findings of this qualitative research, conducted in Indonesia, have practical implications (...) for the halal industry and Islamic economic practices. Data was collected by conducting observations, in-depth interviews, and documentation. Data analysis is carried out by reducing data, presenting data, and giving meaning to the data that has been collected, and from that meaning, conclusions are drawn. This research has concluded that the essence of the Islamic economic process in Indonesia is an effort to fulfill the needs of the Indonesian people based on Islamic values to achieve happiness in the world and the hereafter. The Islamic economic system has become a phenomenon that is the object of the study of Islamic economic philosophy in Indonesia today. The urgency of Islamic economic philosophy in the context of Indonesian Muslim society can be found at the level of implementation. Islamic economic practices have become a way of life for the people of Indonesia. The main principle of Islamic economics holds fast to the concept of tawhid. Many things can be learned from the Islamic economy in Indonesia, ranging from the rules of legal buying and selling, lending and borrowing with legal contracts, and investment in Islam to the prohibition of usury, avoiding things that are haram, injustice, and usury. The Islamic economic system has proven to be beneficial for all people, both Muslims and non-Muslims. (shrink)

The epistemological foundation of unity of knowledge is used to formulate a system-model of participatory socioeconomic development. The micro-properties of such a participatory development approach are deeply ethical in nature. In order to bring out the endogenous role of ethics derived from the moral law in reference to the epistemic foundation, and thereby explain their impact on the socioeconomic development experience, the methods of topological space and topological mappings are found to be appropriate for formalizing the complex nature of participatory (...) dynamics. They emerge in the midst of institutional and organic interaction, integration, and evolution. The application of topological methods to participatory socioeconomic development thus opens up a field that is rarely used by mathematical economists. In this sense this article is an original contribution to the area of ethical development theory and its topological explanation and application. (shrink)

Religious songs have an important place in Turkish Classical Music in terms of maqam, usul, form, composers, and songwriters. The main purpose of this study is to examine the religious songs in Segâh Maqam in the TRT Turkish Classical Music Repertoire in terms of form, usul, composers, and songwriters. The data of the research were obtained through literature and document review. In this context, the musical notes of religious songs in Segâh Maqam were analyzed through content analysis. As a result (...) of the reviews of TRT Turkish Classical Music Repertoire, a total of 107 religious songs in Segâh Maqam has been identified. In the form analyses of the identified religious songs, it was found that İlâhi, Durak, and Teşvih forms were used frequently; in the usul analyses, it was found that Sofyan, Düyek, Devr-i Hindî, Durak Evferi, Yürük Semaî and Nim Sofyan usuls are used frequently; in the composer analyses, it was found that Bekir Sıtkı Sezgin, Güldeniz Ekmen, Amir Ateş,, Hüseyin Sâdettin Arel, Erdinç Çelikkol Zeki Altun, Faruk Şahin, Halil İbrâhim Taşkent, Hüseyin Sebilci, Mehmet Tulûî, Sadettin Kaynak, Süleyman Erguner, and Ümit Gürelman have more religious songs compared to other identified composers; in the songwriter analyses, it was found that Yûnûs Emre, Niyâzî-i Mısrî, Eşrefoğlu Rûmî, Hamdi Özer, İbrâhim Hakkı, Sezâî, and Yûnûs have more songs compared to other identified songwriters. (shrink)

Various treatment efforts have been made to address juvenile delinquency, but their effectiveness in resolving the issue has been limited. Meanwhile, the incidence of juvenile delinquency is increasing. This study seeks to investigate the historical events and rituals associated with the sacred stick "KH". Sofyan Jambrong successfully guided them in the correct direction. The author employs a qualitative research method, conducting interviews with KH Sofyan Jambrong and a group of young individuals who have engaged in juvenile delinquency. The (...) author made significant discoveries that they believed were suitable for public dissemination. KH Sofyan Jambrong's possessions include a sacred stick, a gentle touch, and the Sufism method. The author anticipates that additional research will uncover the advantages of employing Sufism methods in addressing juvenile delinquency, as this issue persists and extends to other regions. (shrink)