The book is based on original research on the entrepreneurial leaders in the Malay community and on the author's own participation in Malay business ventures. Sloane draws on her experience of working in Wall Street to analyse the ironies and contradictions in both the prevailing Western, Asian and Malay definitions of entrepreneurship and the 'heroes' of competing styles of capitalism.
Compelling and original, this book offers a unique insight into the modern Islamic corporation, revealing how power, relationships, individual identities, gender roles, and practices - and often massive financial resources - are mobilized on behalf of Islam. Focusing on Muslims in Malaysia, Patricia Sloane-White argues that sharia principles in the region's Islamic economy produce a version of Islam that is increasingly conservative, financially and fiscally powerful, and committed to social control over Muslim and non-Muslim public and private lives. Packed with fascinating details, the book is essential reading for anyone with an interest in Islamic politics and culture in modern life.
This book surveys the growth and development of Islam in Malaysia from the eleventh to the twenty-first century, investigating how Islam has shaped the social lives, languages, cultures and politics of both Muslims and non-Muslims in one of the most populous Muslim regions in the world. Khairudin Aljunied shows how Muslims in Malaysia built upon the legacy of their pre-Islamic past while benefiting from Islamic ideas, values, and networks to found flourishing states and societies that have played an influential role in a globalizing world. He examines the movement of ideas, peoples, goods, technologies, arts, and cultures across into and out of Malaysia over the centuries. Interactions between Muslims and the local Malay population began as early as the eighth century, sustained by trade and the agency of Sufi as well as Arab, Indian, Persian, and Chinese scholars and missionaries. Aljunied looks at how Malay states and societies survived under colonial regimes that heightened racial and religious divisions, and how Muslims responded through violence as well as reformist movements. Although there have been tensions and skirmishes between Muslims and non-Muslims in Malaysia, they have learned in the main to co-exist harmoniously, creating a society comprising of a variety of distinct populations. This is the first book to provide a seamless account of the millennium-old venture of Islam in Malaysia.
This book discusses the idea that there is a specific Islamic form of entrepreneurship. Based on extensive original research amongst small and medium sized enterprises in Saudi Arabia, it shows how businesses are started and how they grow in the context of an Islamic economy and society. It argues that as specific Islamic approaches to a wide range of economic activities are being formulated and implemented, there is indeed a particular Islamic approach to entrepreneurship. Examining the relationship between Islamic values and entrepreneurial activity, the book considers whether such values can be more effectively used in order to raise the profile of Islamic entrepreneurship, and also to promote alternatives to development in the contemporary business environment. The book analyses the nature of entrepreneurship, and the special qualities of Islamic entrepreneurship, and discusses how the Islamic approach to entrepreneurship can be encouraged and developed further still
How do Islamic courts work? What sorts of cultural understandings inform judicial process and litigants' strategies? How do women's claims fare? Do these courts promote social tolerance? And how do states use them to consolidate power, build nations, and shape a modern citizenry? These are among the questions addressed in this book, which not only enhances our understanding of diversity among and within the world's Muslim communities, but also provides ethnographic, historical, and transnational perspectives on contemporary Islam in the shifting landscape of a strategically important region of the world. Focusing on Malaysia, which has sustained more rapid development than probably any other Muslim nation, Michael Peletz explores the culture, political economy, and history of Islamic courts. He demonstrates that they are centrally involved in the creation and policing of new Malay-Muslim identities (such as middle-class urban dwellers) that the state sees as the basis for a national polity that will be highly competitive. He also shows how and why Islamic courts are key sites in struggles involving ethnic and religious groups, social classes, political parties, and others with a major stake in defining Islam's role with respect to the maintenance of sovereignty and the achievement of modernity and civil society in an age of globalization. Peletz deepens our knowledge of Islamic political development in a country very much concerned with forging an Islamic modernity viewed by its leaders as a viable alternative to Western-style modernization.
Rich in detail and lucidly written, this is the first definitive study of the new middle class in Malaysia. Abdul Rahman Embong examines the emergence and role of the new Malay middle class, particularly with regard to democratization and evolution of civil society in Malaysia. As well as exploring variations within the class across the country, the author also draws comparisons with the Malay working class, and the middle classes of China, India and elsewhere in East Asia.
This book examines the role that political Islam plays in processes of democratization in the Muslim world, detailing the political processes that facilitate the collective learning of democratic ways of solving the practical problems of those polities. Democratization in the Muslim World represents an important contribution to the debate on democratization and political Islam that emphasises the synergetic effects and global reach of both Islamist and democratic politics. It comes to terms with the problematic relationship between Islam and democracy in the uncertain post-Cold War, post-9/11 world order by highlighting the malleability of Islamic discourses and of its institutional resources, as well as the diversity of the political strategies of incumbent regimes to remain in power. It combines key theoretical issues and country-specific studies of some of the most relevant Muslim polities of the post-Cold War and post-9/11 era. This text was previously published as a special issue of Democratization and will be of interest to students of Middle East politics, governance, democracy, and human rights.
As Malaysia's economy grows and flourishes, strong new links are being forged with other developing countries in the region and beyond. This book examines these new links. It argues that as many countries with which Malaysia has new links are Indian Ocean countries, many of them Muslim countries, a new style trading network is being formed, a network with Islamic characteristics, which echoes Indian Ocean Islamic trading networks of earlier times.
Why have Islamic insurance systems developed well in some countries, but not in others? Malaysia is considered as Islamic insurance elite due to its relatively large number of operators it houses as well as the sustained growth of Islamic insurance sales within the country, while Indonesia and Pakistan are still in early stages of development. Analyzing the political and social history of Islamization of insurance systems in these three Muslim majority countries in Asia since 1980s, this book demonstrates the development gap between these countries on Islamic insurance results from; firstly, complex bargains made between various groups within each country polity, and those bargains are structured by the country's fundamental political institutions. Secondly, the gap is also an outcome of different societal transformations during the Islamization that 'produce Islam(s)' in these countries. The revival of Islamic principles in these countries does not only create Sharia-compliant financial products but produces Islamic norms, identities, ethics, and practices enacted in the way the communities manage their risk.
