Ahmed Rashed

Ahmed Rashed

Islamic Financing and Economics: Form vs Substance

The main difference between Western and Islamic economics is debt-based financing versus asset-based financing. In the Western concept, the financier (usually a bank) lends money as credit and collects that money plus interest due to the debt that was taken from…

What is Creation For?

Here is another excerpt from my third book, Interfaith Dialogues and Debates. . . this question comes up every now and then in my classes, and you may find it interesting: “What is creation for? Is it just an experiment on God’s…

REFLECTIONS:: Fiqh of Politics

Obey Authority After the civil strife that followed the assassination of the third Caliph Uthaman, many Muslim scholars promoted a quietist outlook. This aversion to rebellion and overthrow of the government was borne out of the bloodshed of those civil wars…

Islamic Worldview and Ethics

I wanted to share with you an excerpt from my third book, Interfaith Dialogues and Debates. . . the questioner posed a series of short, incisive questions whose answers offer insight into the Islamic faith: Is there some problem Muslims have with…

My Favorite Philosophy Books

As promised, here is the second in a series of book recommendations about various Islamic and ecumenical topics. Today, I will share with you my favorite Islamic Philosophy books.