Humanomics: Volume 26 Issue 2

Status and implications of promise (wa'd) in contemporary Islamic banking

Nurdianawati Irwani Abdullah

The purpose of this paper is to analyse the status and implications of promise (wa'd) in Islamic banking practices and the extent of its enforceability in the court of law. The…

Unfettered capitalism: why it is neither efficient nor just

Hamid Hosseini

The purpose of this paper is to argue that free market capitalism is neither efficient nor just. This is in spite of the claims made by its proponents who, utilizing Adam Smith's…

Strategies to contain the high and rising costs of health: Will they increase existing health care disparities and are they ethical?

Hengameh Hosseini

After discussing the high and rising health care costs in the USA, its disparities, and the suggested demand, supply, and managed competition‐side strategies to contain health…

Faith‐based model as a policy response to the actualisation of the millennium development goals in Nigeria

L. Raimi, M.A. Bello, H. Mobolaji

The purpose of this paper is to examine the appropriateness of faith‐based model (FBM) as a veritable policy response to the issue of poverty alleviation and actualisation of the…

Scholars, merchants and civil society: Imperative for waqf‐based participatory poverty alleviation initiatives in Kano, Nigeria

Ibrahim Nuruddeen Muhammad

The purpose of this paper is to raise awareness of the role of Islamic endowments (awqaf) as viable mechanisms for financing poverty alleviation programmes and the value of the…