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This study investigates the relationship between Institutional quality, Economic freedom, technological advancement, and Islamic financial development in selected OIC countries. This study employs the panel estimation method to examine annual data pertaining to Islamic bank industries across 22...
Persistent link: https://www.econbiz.de/10014583181
The general perception in the developed world is that Islamic Law, or Sharia'a, has had a negative impact on the economic development of the Middle Eastern countries. It should not, however, be ignored that the same geographical region was once far ahead in scientific and economic development....
Persistent link: https://www.econbiz.de/10013022782
introduced other dimensions of development, but nonetheless agree on the centrality and importance of wealth. However, Islam is … primarily concerned with spiritual and moral development. Teachings of Islam created an inner revolution within the companions … Muslims, of ideas antithetical to Islam. In this article, we expose and refute one dozen widely believed myths created to …
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There is a perception in the literature that, because traditional Islamic law prohibits adoption, Muslim jurisdictions do not, by extension, recognize it. This view is reinforced by the fact that certain Muslim countries explicitly prohibit adoption (tabannī) in their statutes. As a...
Persistent link: https://www.econbiz.de/10013001649
This paper concentrates on six obstacles that hinder the advancement of research in Islamic Economics (IE). These are: the absence of historical studies, the lack of empirical studies, the insufficient institutional support, the non-adherence to ethical norms of research and publication, the...
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The historical record belies the claim that Islam impeded entrepreneurship by inculcating conformism and fatalism …
Persistent link: https://www.econbiz.de/10014214876