Basharat Hossain | International Islamic University, Chittagong (original) (raw)

Uploads

Papers by Basharat Hossain

This paper aims to investigate the presence of Gharar in buying and selling mechanism in the diff... more This paper aims to investigate the presence of Gharar in buying and selling mechanism in the different kinds of market. This is a conceptual paper based on secondary data. This paper finds that, the Gharar is highly existed in the imperfect competitive market compared to the perfect competitive market. The level of Gharar is higher in monopoly followed by oligopoly, monopolistic market. Finally, this paper recommends some steps to avoid Gharar in the buying and selling mechanism in different market structure.

Journal of Tourismology, 2020

journal of king Abdulaziz University Islamic Economics, 2019

This paper designs a conceptual model of Islamic microfinance and rehabilitation by using the waq... more This paper designs a conceptual model of Islamic microfinance and rehabilitation by using the waqf funds for the slum and floating population. It analyzes both the primary and the secondary data on the current status of Islamic microfinance coverage (in thirteen countries), waqf estates (in seven countries), and the slum and floating population in thirty five Muslim countries of the world. The primary data was accumulated on 150 microfinance borrowers and 100 non-borrowers of Bangladesh. This paper presents a multifunctional structure of an autonomous waqf management institution to execute the model of this paper. This institution will be formed by the joint venture of the government, the national, as well as international Islamic agencies. Furthermore, this model will be implemented through five stages, the revival and registration of the waqf estate, accumulation of funds, initiating the Islamic microfinance and rehabilitation for the slum population, and finally, forward linkage ...

International Journal of Islamic Economics and Finance Studies, 2019

Asian Journal of Economics, Business and Accounting, 2019

This paper examines the impact of microfinance on some selected women borrower respondents of Ban... more This paper examines the impact of microfinance on some selected women borrower respondents of Bangladesh, who have been selected through a systematic random survey process. This is a quantitative research based on primary and secondary data. The primary data was collected through a structured questionnaire on sixty women borrowers of the Dhaka City, Bangladesh. This paper finds that microfinance has a highly significant positive impact on the income of these women borrower respondents. Moreover, though microfinance encourages for savings and buying new asset but it has no significant impact on their asset building and savings.Overall, there has been a mixed outcome from this cross-sections data: microfinance has been found as a matter for women borrowers’ income increasing aspects, whereas not much effective in increasing savings or building up of assets. Finally the paper recommends some steps to increase effectiveness of microfinance on the women borrowers, including expanding tra...

Global Review of Islamic Economics and Business, 2020

The Islamization of banking, monetary policy, and the financial system began in 1975 after the se... more The Islamization of banking, monetary policy, and the financial system began in 1975 after the setup of the Islamic development bank (IDB). Firstly, this paper discusses a concise framework of Islamic monetary policy. Then it presents the success and obstacles of the Islamization process of the monetary policy among the 27 OIC member Muslim countries in Asia and provides future directions to enhance the Islamization process. This paper employed secondary data and used the three criteria to measure the Islamization process: 1) Islamization of commercial banking; 2) making Islamic banking guidelines & regulations; 3) innovation and starting the Islamic monetary policy instruments. This paper finds that more than 154 Islamic commercial banks are operating under the Conventional monetary policy in 23 countries with very few Islamic monetary tools. On the contrary, Iran follows full-pledged Islamic monetary policy with 30 Islamic commercial banks. More precisely, in these countries, only...

Global Review of Islamic Economics and Business, 2015

One of the main goals of economics is to satisfy the wants of consumer. Like as conventional econ... more One of the main goals of economics is to satisfy the wants of consumer. Like as conventional economics, Islamic economics has also its own law of consumption which is superior to that of conventional economics. This paper presents an empirical survey report on the application of Islamic consumer theory in Bangladesh.The survey is conducted on 184 graduate students of economics from university of Dhaka, Bangladesh. Besides, the consumption framework of Islamic economics has been discussed in this paper. The research finds that, the majority percent of respondents consider Halal (lawful), Haram (unlawful), economic disadvantages of other consumers, scope of reward and punishment in hereafter life (life after death) in their consumptions and other economic activities. The report explores that, though the wants is unlimited, the respondents are capable to control their wants and choose moderate and simple standard of living. In addition, they mentioned that, the use of interest is not e...

Journal of Tourismology, 2020

journal of king Abdulaziz University Islamic Economics, 2019

International Journal of Islamic Economics and Finance Studies, 2019

Asian Journal of Economics, Business and Accounting, 2019

Global Review of Islamic Economics and Business, 2020

Global Review of Islamic Economics and Business, 2015

2018, 2018

Conventional microfinance interest rate is 142-241% higher than the Islamic Microfinance. Evidenc... more Conventional microfinance interest rate is 142-241% higher than the Islamic Microfinance. Evidences from Bangladesh and Global economy

Conference presentations , 2016

About 2 billion people drink alcoholic Beverages More than 76 million people are affected by the ... more About 2 billion people drink alcoholic Beverages More than 76 million people are affected by the alcohol use disorder (AUD) worldwide. every year, 1.8 million people die for alcoholic drinks which are 3.2% of the global deaths alcohol is the causes of 200 diseases including liver cirrhosis and cancers. alcohol is the fifth leading causes for premature death Over 7 million people die globally for tobacco consumption. Among them, More than 6 million people die for the cause of direct tobacco 0.89 million people die for the cause of the second-hand or passive smoking tobacco reduces the productivity of the smoker. liable to the premature death Tobacco consumers deprives their family and country from income, increase the health care cost and hamper the economic growth. Research of the University of Lincoln in 2016 on 3025 gambler; 73% gamblers are engaged in physical violence in the past five years whereas this figure was only 19 per cent among the non-gamblers Australian researchers have found that 50% of the family members of a gambler had faced the violence in the last one year In the USA, more than 85 percent gamblers, family member received threats from the creditors about 80% gamblers lose their job around the world. about 47.2% gambler suicides in Hong Kong the current value of global prostitution industry is $186 Billion 13.83 million prostitutes are working around the world According to a research, over 90 per cent of the prostitute wants to escape from the prostitution. about 100 percent said, prostitution is not choice but they’re engaged in it by force Prostitution is always against the peace. It denies and disgraces the women whereas women is the part of humanity. Alcoholic Beverages is responsible for 3.2% of the global deaths and the serious violence. So it deteriorates the peace. Tobacco is the cause of 7 million people’s death around the world. And also produces different kind of diseases including cancer. So it worsens the peace. Gambling is the cause of violence and suicide. It violates the condition of the peace. Prostitution industry disgraces the women and creates violence against the women, since women is the part of humanity, so prostitution disgraces the humanity. That is the threat to social safety and the peace

Rehabilitation for slum and floating population by using cash waqf through Microfinance

Bangladesh is a country of about 146.10 million of people containing nearly 5.3 million of slum p... more Bangladesh is a country of about 146.10 million of people containing nearly 5.3 million of slum people. Two censuses and many surveys on slum people were conducted by the government of Bangladesh to know and figure out the key problems of slum dwellers. A brief overview about the slum of Bangladesh has presented in this paper by analyzing the censuses and survey report. An informative scrutiny on number, structure and housing condition of slum, nature of slum people, common standard of living and wretchedness of slum people, income patterns, poverty scenario and NGOs coverage has presented in this paper. Finally, some suggestion has designed to remove the problems of slum people.