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Riassunto: 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 Bill 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, Bill Maurer explores this rapidly growing economic phenomenon with historical perspective and scholarly insight.
L'autore: Bill Maurer is associate professor of anthropology at the University of California, Irvine.
Condizione libro: New
Descrizione libro Russell Sage Foundation. Condizione libro: Good. Some underlinging in sections of book, underlining is in pencil. Hardcover This item shows wear from consistent use but remains in good readable condition. It may have marks on or in it, and may show other signs of previous use or shelf wear. May have minor creases or signs of wear on dust jacket. Packed with care, shipped promptly. Codice libro della libreria R-5-099
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: Very Good. May contain minor cover/edge/spine/reading wear. May contain minimal notes and/or highlighting. Overall in great condition. Ships Fast! Satisfaction Guaranteed!. Codice libro della libreria mon0000473523
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: Good. Good Condition. Reasonable wear. Still very usable. Clean, mark-free interior! May have bookstore-related stamps/stickers/marks. No Dust Jacket. SHIPS WITHIN 24 HOURS! Tracking Provided. DHL processing & USPS delivery for an average of 3-5 Day Standard & 2-3 Day Expedited! FREE INSURANCE! Fast & Personal Support! Careful Packaging. No Hassle, Full Refund Return Policy!. Codice libro della libreria mon0000572859
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: Acceptable. 2006. BOWED. PAPER PEEL. Library binding.An acceptable copy due to bowing and paper peel inside front cover. Otherwise, a good ex-library hardcover with typical library markings. An occasional smudge or mark on clean pages. Minor cover wear. Dust jacket in good conditon. Booksavers receives donated books and recycles them in a variety of ways. Proceeds benefit the work of Mennonite Central Committee (MCC) in the U.S. and around the world. Codice libro della libreria mon0000184993
Descrizione libro Russell Sage Foundation Publications, 2006. Hardcover. Condizione libro: Used: Good. Codice libro della libreria SONG0871545810
Descrizione libro Condizione libro: Good. Book Condition: Good. Codice libro della libreria 97808715458174.0
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Descrizione libro Russell Sage Foundation, 2006. Condizione libro: very good. Gently used. Expect delivery in 2-3 weeks. Codice libro della libreria 9780871545817-3
Descrizione libro Russell Sage Foundation. Condizione libro: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Codice libro della libreria 2260694
Descrizione libro University of Chicago press. Condizione libro: New. Brand New. Codice libro della libreria 0871545810