Can Islamic Finance Feed a Sustainable Economic System?...
Is your mortgage halal? How about your pension? Islamic finance has been a significant global force for the past few decades, but in recent years sharia-compliant saving and investing have become more common in the United States. For example, in June, Goldman Sachs provided a loan to Arcapita Bank, an Islamic investment company, that in compliance with sharia law did not charge interest. In July, a US-based trade association, the World Council of Credit Unions, published a manual explaining to would-be community financiers in developing countries how to operate sharia-compliant credit unions. Western discussions of sharia law often focus on extremist groups imposing brutal interpretations of these legal codes on unwilling populations. But sharia law, which derives from the Qur’an and the religious teaching...
Abdullah Ibn Al Muqaffa: Words of Wisdom for the Kings...
One of the earliest contributors to the genre of “mirrors for princes” literature (Fürstenspiegel in German), Abdullah Ibn Al Muqaffa (720–757CE) perfected the art of political writing during the Early Middle Ages. A convert to Islam, he became a prominent writer, as well as an influential chancery secretary (katib). He penned key textbooks that instructed rulers on aspects of governance and behaviour, while he pioneered the emergence of classical Arabic literature. Best known for his translation from Farsi of the epic “Kalilah wa-Dimnah”, his real contributions lay in the use of literature to advise young and inexperienced princes at their accession. Although the best known (European) “mirror”, “Il Principe” [The Prince] (c 1513) by Machiavelli was universally appreciated,...
Muslim Americans More Popular than the Tea Party...
Tea Party favorites Rand Paul, Ted Cruz, Sarah Palin and Larry Klayman spent most of last week bashing Muslims and introducing the “Quran” and “Allah” to the shutdown and debt ceiling debate that they are losing in Congress. Unfortunately for them, Muslims are in fact more popular and viewed more favorably by Americans than the far right movement. Having failed at governance and the basic task of securing an operational government, the Tea Party leaders had to retreat to ugly screams of Islamophobia in order to distract attention from their downfall and to drum up support with fear tactics. Larry Klayman, a clownish figure who started the Tea Party group Freedom Watch, brought a whole new dimension to...
Why Turkey Lifted Its Ban on the Islamic Headscarf...
Turkish women who want to wear the hijab – the traditional Islamic headscarf covering the head and hair, but not the face – to civil service jobs and government offices will be able to do so now that the Turkish government has relaxed its decades-long restriction on wearing the headscarf in state institutions. The new rules, which don’t apply to workers in the military or judiciary, come into effect immediately and were put into place to address concerns that the restrictions on hijab were discouraging women from conservative backgrounds from seeking government jobs or higher education. “A dark time eventually comes to an end,” Turkish Prime Minister Recep Tayyip Erdogan said in a speech to the parliament. “Headscarf-wearing...
Thomas Jefferson’s Quran: How Islam Shaped the Founders...
One of the nastiest aspects of modern culture wars is the controversy raging over the place of Islam and Muslims in Western society. Too many Americans say things about Islam and Muslims that would horrify and offend them if they heard such things said about Christianity or Judaism, Christians or Jews. Unfortunately, those people won’t open Denise A. Spellberg’s Thomas Jefferson’s Qur’an: Islam and the Founders. This enlightening book might cause them to rethink what they’re saying. Thomas Jefferson’s Qur’an examines the intersection during the nation’s founding era of two contentious themes in the culture wars—the relationship of Islam to America, and the proper relationship between church and state. The story that it tells ought to be familiar to most...
Our Founding Fathers Included Islam
[He] sais “neither Pagan nor Mahamedan [Muslim] nor Jew ought to be excluded from the civil rights of the Commonwealth because of his religion.” — Thomas Jefferson, quoting John Locke, 1776 At a time when most Americans were uninformed, misinformed, or simply afraid of Islam, Thomas Jefferson imagined Muslims as future citizens of his new nation. His engagement with the faith began with the purchase of a Qur’an eleven years before he wrote the Declaration of Independence. Jefferson’s Qur’an survives still in the Library of Congress, serving as a symbol of his and early America’s complex relationship with Islam and its adherents. That relationship remains of signal importance to this day. That he owned a Qur’an reveals Jefferson’s...
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