Showing 1 - 10 of 83,736
Persistent link: https://www.econbiz.de/10011833881
Persistent link: https://www.econbiz.de/10012491483
For most of the people the prohibition on interest is the well known part of Islamic finance. Indeed, the concept of Islamic finance was not being discussed enough till financial crisis, after crisis it started to be seen as an alternative financial system for conventional finance. Sharing the...
Persistent link: https://www.econbiz.de/10009425176
In Against the gods: the remarkable story of risk (1996), Peter L. Bernstein illustrates how the mastery of risk has driven modern Western society into converting 'the future from an enemy into an opportunity'. Far from being an antagonist, as the unpredictable whim of gods or mysterious fate,...
Persistent link: https://www.econbiz.de/10010381930
This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including both Islamic and conventional banks. Unlike previous studies,...
Persistent link: https://www.econbiz.de/10013001561
economic, social and political problems that plague the world today. This system is blamed for large inequalities between the … that the world cannot continue on the current trajectory and needs to harness other forms of managing its resources to …
Persistent link: https://www.econbiz.de/10012838250
This paper explores whether the impact of economic uncertainty on credit growth differs for Islamic vs. conventional banks. Using a sample of 416 banks (58 Islamic and 358 conventional) in 12 countries, the findings indicate that an increase in economic uncertainty significantly decreases the...
Persistent link: https://www.econbiz.de/10012841646
from G20 to World Economic Forum to global and national economic agendas. Today Islamic Finance is being considered as a … world; USA(2), Mauritius(1), UK(1), Nigeria(4), Singapore(1), Uzbekistan(1), Korea(1), Sri Lanka(2), France(1), Brunei(1 …), Netherlands(1), Malaysia(36), Japan(1), Tunisia(2), Australia(3), Luxembourg(2), Palestine(1), Turkey(2), Saudi Arabia(2 …
Persistent link: https://www.econbiz.de/10012843215
The global Islamic finance industry is estimated to be worth approximately US $1.4 trillion, and has grown much faster than conventional finance over the past four decades. Although 80% of this industry is concentrated in the Middle East, North Africa, East Asia, and the Pacific, it is active in...
Persistent link: https://www.econbiz.de/10012956450
The conventional view holds that the current global financial crisis was caused by extraordinarily high liquidity, reckless lending practices, and rapid pace of financial engineering which created complex and opaque financial instruments used for risk transfer. There was break down of...
Persistent link: https://www.econbiz.de/10012909729