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ISLAMIC FINANCE: ETHICS, CONCEPTS, PRACTICE
Qr Code ISLAMIC FINANCE: ETHICS, CONCEPTS, PRACTICE

ISLAMIC FINANCE: ETHICS, CONCEPTS, PRACTICE

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Category: Economy And Money [Edit]
Language: English
Pages: 130
File Size: 1009.51 KB
Extension: PDF
Creation Date: 22 Dec 2014
Rank: 123,272 No 1 most popular
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Book Description

Islamic finance, widely regarded as one of the fastest-growing segments of
global finance, is the subject of many debates. Should religion have anything
to do with finance? Can guidance on economics and finance be derived from
Islam? What exactly is meant by the prohibition of riba in Islam? Is equity
financing superior to debt financing for long-term economic prosperity? Is the
Islamic financial sector “Islamic” only in form, not in substance? Can there be
such a thing as an Islamic commercial bank operating within the prevalent
monetary and banking system? Will following the legal minimum of Islamic
commercial jurisprudence by commercial financial institutions lead to fulfillment of the higher objectives of Islam? These are but a sample of the larger
debates regarding Islamic finance.

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