Beschreibung Pious Property: Islamic Mortgages in the United States. Owning a home has always been central to the American dream. For the more than one million Muslims in the United States, this is no exception. However, the Qur'an forbids the payment of interest, which places conventional home financing out of reach for observant Muslims. To meet the growing Muslim demand for home purchases, a market for home financing that would be halal, or permissible under Islamic law, has emerged. In Pious Property, anthropologist William Maurer profiles the emergence of this new religiously based financial service and explores the ways it reflects the influence of Muslim practices on American economic life and vice versa. Pious Property charts the development of Islamic mortgages in America, starting with Islamic interpretations of the prohibition against riba--literally translated as "increase" but interpreted as "usury" or "interest." Maurer then explores the different practices that have emerged as permissible options for Islamic homebuyers--such as lease-to-own arrangements, profit-loss sharing, and cost-plus contracts--and explains how they have gained acceptance in the Islamic community by relying on payment schemes that avoid standard interest rate payments. Using interviews with Muslim homebuyers and financiers, and in-depth analysis of two companies that provide mortgage alternatives to Muslims, Maurer discovers an interesting paradox: progressive Muslims tend to use financial contracts that seemingly comply better with the prohibition against interest, while traditional Muslims seem more inclined to take on financing very similar to interest-based mortgages. Maurer finds that Muslims make their decisions about using Islamic mortgage alternatives based not only on the views of religious scholars, but also on their conceptions of how business is supposed to be conducted in America. While one form of Islamic financing is seemingly more congruent with the prohibition against riba, the other exhibits more of the qualities of American mortgages--anonymity and standardized forms. The appearance that an Islamic financing instrument is legal and professional leaves many Muslim homebuyers with the impression that it is halal, revealing the influence of American capitalism on Muslim Americans' understanding of their religious rules. The market for halal financial products exists at the intersection of American and Islamic culture and is emblematic of the way that, for centuries, America's newcomers have adapted to and changed the fabric of American life. In Pious Property, William Maurer explores this rapidly growing economic phenomenon with historical perspective and scholarly insight.
Pious Property: Islamic Mortgages in the United States on ~ Pious Property charts the development of Islamic mortgages in America, starting with Islamic interpretations of the prohibition against riba—literally translated as "increase" but interpreted as "usury" or "interest." Maurer then explores the different practices that have emerged as permissible options for Islamic homebuyers—such as lease-to-own arrangements, profit-loss sharing, and cost .
Pious Property: Islamic Mortgages in the United States ~ Download Citation / Pious Property: Islamic Mortgages in the United States: Pious Property: Islamic Mortgages in the United States / Pious Property: Islamic Mortgages in the United States. Bill .
Pious Property: Islamic Mortgages in the United States ~ In Pious Property, anthropologist William Maurer profiles the emergence of this new religiously based financial service and explores the ways it reflects the influence of Muslim practices on American economic life and vice versa. Pious Property charts the development of Islamic mortgages in America, starting with Islamic interpretations of the prohibition against riba―literally translated as .
Pious property : Islamic mortgages in the United States ~ Pious property : Islamic mortgages in the United States. [Bill Maurer] Home. WorldCat Home About WorldCat Help. Search. Search for Library Items Search for Lists Search for Contacts Search for a Library. Create lists, bibliographies and reviews: or Search WorldCat. Find items in libraries near you. Advanced Search Find a Library. COVID-19 Resources. Reliable information about the coronavirus .
Bill Maurer, Pious Property: Islamic Mortgages in the ~ Download Citation / Bill Maurer, Pious Property: Islamic Mortgages in the United States (New York: Russell Sage Foundation, 2006, $24.95). Pp. 123. isbn 0 87154 581 0. / - / Find, read and cite .
Pious Property Islamic Mortgages In The United States PDF ~ pious property islamic mortgages in the united states pious property islamic mortgages in the united states article in american anthropologist 1092399 400 june 2007 with 8 reads pious property islamic mortgages in the united states by bill maurer article in american ethnologist 372413 414 may 2010 with 18 reads how we measure reads so its little wonder that there is a growing need for islamic .
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Challenges in Islamic finance - Wikipedia ~ Islamic banking and finance — the industry built around avoiding interest and other financial practices found in violation of sharia (Islamic law) — has been both praised and criticized by observers.. The industry has been praised for turning a "theory" into an industry that has grown to about $2 trillion in size; for attracting banking users whose religious objections have kept them away .
Home / Bill Maurer ~ He is the editor of 7 collections, as well as the author of Recharting the Caribbean: Land, Law and Citizenship in the British Virgin Islands (1997), Pious Property: Islamic Mortgages in the United States (2006), and Mutual Life, Limited: Islamic Banking, Alternative Currencies, Lateral Reason (2005). The latter received the Victor Turner Prize .
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How Would You Like to Pay?: How Technology is Changing the ~ He is the author of Pious Property: Islamic Mortgages in the United States and Mutual Life, Limited: Islamic Banking, Alternative Currencies, Lateral Reason. Kundenrezensionen. 3,0 von 5 Sternen. 3 von 5. 4 Sternebewertungen. 5 Sterne 50% (50%) 50% 4 Sterne 0% (0%) 0% 3 Sterne 0% (0%) 0% 2 Sterne 0% (0%) 0% 1 Stern 50% (50%) 50% Wie berechnet die Produktbewertungen? Die besten .
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Bill Maurer - Wikipedia ~ In 2015, he was invited to provide input with 14 other academics to the United States Department of the Treasury on the redesign of the US$10 bill. [15] [16] In 2016, Maurer was named a fellow of the American Association for the Advancement of Science for noteworthy advances in the fields of law and economic anthropology, specifically in banking and the meaning of money in different cultures.
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The Art of RF Riba-Free Islamic Banking and Finance: Tools ~ The Art of RF (Riba-Free) Islamic Banking and Finance describes the emergence of a culture of Islamic banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and has proven very effective when compared to 20th century models that use financial engineering and structural techniques to circumvent the Shari'aa Law. The author also reveals information about how fiat .
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