The stability of Islamic finance : creating a resilient financial environment for a secure future
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Archived from the original on 14 October Retrieved 26 February Namespaces Article Talk. Views Read Edit View history. Languages Add links. The book then will present and discuss the architecture of an Islamic financial system and show that at its core, this system shares many characteristics of an stable financial system proposed by Western scholars throughout history to avoid the inherent instability of the present dominant system.
Particular emphasis will be placed on the present financial crisis and its causes as well the financial crisis of the in Southeast Asia, Russia, and Latin America relating these episodes to the fundamental features of the dominant system.
The debt crisis of the low income countries will also be part of this discussion. It will then argue that these crises could be mitigated under an Islamic system or any other system with similar architecture. Unfortunately your account does not have the necessary access level to continue.
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Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed.
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