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There has been large-scale growth in Islamic finance and banking in the last twenty five years and now reaching new levels of sophistication. However, a complete Islamic financial system with its identifiable instruments and markets is still very much at an early stage of evolution. Many...
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The current economic predicament may be termed actually, a glimpse of the repercussions that the value-free modern economic paradigm can bring about to the modern world. Notwithstanding, in the current crisis-prone scenario, the big question arises that what are the possible solutions to this...
Persistent link: https://www.econbiz.de/10013086750
Ethical identity briefly refers to the collection of guidelines that promote ethical practices within and by the organization. The concept of ethical identity is embedded in the Islamic teaching. This study examine the ethical identity of Islamic banks in Bangladesh, Malaysia and Arab gulf...
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In recent years, social movements have echoed calls for greater social and environmental responsibility. Although financial institutions promote development, consumers have lost confidence in banks. As we enter the Fintech era, banks have the opportunity to use new tools that enable greater...
Persistent link: https://www.econbiz.de/10012871674
Dialogue and intellectual trade between Islamic economics and conventional economics has been active and mutually beneficial for more than 40 years. I present some concrete examples of this in the current paper. I then assess recent calls for a complete break of Islamic economics with...
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