Brand New, Unread Copy in Perfect Condition. A+ Customer Service!. Codice inventario libreria
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, 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. 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
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: New. 15.88 x 22.86 cm. Our orders are sent from our warehouse locally or directly from our international distributors to allow us to offer you the best possible price and delivery time. Book. Codice libro della libreria MM-27293848
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, 2006. Hardcover. Condizione libro: Very Good. Codice libro della libreria P020871545810
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: New. Codice libro della libreria P110871545810
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: New. book. Codice libro della libreria 0871545810
Descrizione libro Russell Sage Foundation, 2006. Hardcover. Condizione libro: Used: Good. Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. May not contain Access Codes or Supplements. Buy with confidence, excellent customer service!. Codice libro della libreria 0871545810