Islamic economics and financial crisis

"This book explores the causes of the current economic crisis, evaluates the foundational principles of capitalism that contribute to crises, and investigates how an Islamic economic and banking system could play a role in fostering global stability. It includes theoretical and empirical analys...

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Détails bibliographiques
Collaborateurs: Akkas, Erhan (Éditeur intellectuel)
Type de support: Électronique Livre
Langue:Anglais
Service de livraison Subito: Commander maintenant.
Vérifier la disponibilité: HBZ Gateway
WorldCat: WorldCat
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Publié: London New York, NY Routledge 2025
Dans:Année: 2025
Volumes / Articles:Montrer les volumes/articles.
Collection/Revue:Islamic business and finance
Sujets non-standardisés:B Banks and banking (Islamic countries)
B Crise financière
B Finance (Islamic countries)
B Finance / BUSINESS & ECONOMICS
B Résilience
B Islamisches Finanzsystem
B Islamische Staaten
B Islamisches Wirtschaftssystem
B Economics / Macroeconomics / BUSINESS & ECONOMICS
B Economics (Islamic countries)
B Recueil d'articles
B Crise économique
Accès en ligne: Volltext (lizenzpflichtig)
Volltext (lizenzpflichtig)
Édition parallèle:Erscheint auch als: 9781032815220
Description
Résumé:"This book explores the causes of the current economic crisis, evaluates the foundational principles of capitalism that contribute to crises, and investigates how an Islamic economic and banking system could play a role in fostering global stability. It includes theoretical and empirical analysis and assesses the resilience of the Islamic economic system and Islamic financial institutions in the face of economic and financial crises, with a particular focus on Organisation of Islamic Cooperation (OIC) member countries. Furthermore, the effects of these crises on income and wealth distribution are discussed. The book compares Islamic and conventional economics in response to economic crises, both across countries and financial institutions. The book provides a brief analysis of financial crises from a theoretical point of view, examining various approaches. It addresses the issue of the relevance of all these theories in relation to the present crisis and draws useful policy implications. Thereafter, it discusses how the Islamic financial system could serve to mitigate the occurrence of a financial crisis, since the prohibition of riba, maysir, and ghaarar transactions offer a solution to the financial crisis from speculative bubbles and crash. It also discusses some of the challenges facing the Islamic finance industry. This is a useful guide for researchers and advanced students of Islamic Economics and Finance"-- Provided by publisher
Description matérielle:1 online resource
ISBN:978-1-003-50022-3
1-003-50022-6
978-1-040-31117-2
1-040-31117-2
978-1-040-31113-4
1-040-31113-X
Persistent identifiers:DOI: 10.4324/9781003500223