In recent decades, Islamic Finance has seen an interesting growth and spread, not only in the Arab or other Muslim, but also in Western countries. This article focuses on Islamic Finance in Germany, a European country characterized by strong economic growth and an increasing Muslim community,...

Is Islam compatible with democracy? While recent developments in Northern Africa and the Middle East have added new urgency to this question, the literature seems stuck with an apparent paradox of Muslims expressing a strong desire for democracy, but democratic institutions not actually taking...

This paper examines the concept of a promise, an essential tool for Islamic financial transactions that has facilitated the development of structured Sharī‘ah-compliant financing arrangements and mitigated much of the risk that Islamic financial institutions encounter. The study explores...

This paper studies the effects of fiscal policy on GDP, prices and interest rates in 5 OECD countries, using a structural Vector Autoregression approach. Its mains results can be summarized as follows; 1) The effects of fiscal policy on GDP and its components have become substantially weaker in...

Unternehmerisches Handeln ist kaum mehr auf einzelne Nationalstaaten begrenzt, und so bewegt sich die Unternehmensethik heute zwangsläufig in einem interkulturellen Kontext. Da transnationale Unternehmen in verschiedenen Ländern und Kulturkreisen operieren, steht die Unternehmensethik im...

This article aims to establish how Muslim identities in Germany have been constructed by others and how they differ from realities. Muslim communities have often been viewed with suspicion by majority ethnic groups in European nation states, but even more so since the 9/11 terrorist attacks in...