Islamic finance: An Attractive New Way of Financial Intermediation
نویسندگان
چکیده
منابع مشابه
Financial Intermediation and the Micro-finance Sector Financial Intermediation and the Micro- Finance Sector List of Tables
1 The author would like to thank Trade and Industrial Policy Strategies for their generous support in the production of this paper, as well as the team at the Micro-Finance Regulatory Council for their time and generosity with respect to the provision of the data. All views expressed in the document are those of the author exclusively, and any errors committed remain the sole responsibility of ...
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A prudential framework is an important element in facilitating the successful integration of Islamic financial services to the global financial system. In recognition of this need, various stakeholders decided to establish the Islamic Financial Services Board (IFSB) to spearhead the development of a uniform set of prudential, supervisory and disclosure standards for the Islamic financial s...
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The notion of " Islamic finance " was born during the tumultuous identity-politics years of the mid-twentieth century. Indian, Pakistani, and Arab thinkers contemplated independence from Britain, and independence of Pakistan from India, within a context of " Islamic society. " Islam was assumed to inspire political, economic, and financial systems that are distinctive and independent of the Wes...
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The core principles of Islam lay great emphasis on social justice, inclusion, and sharing of resources between the haves and the have nots. Islamic finance addresses the issue of “financial inclusion” or “access to finance” from two directions — one through promoting risk-sharing contracts that provide a viable alternative to conventional debt-based financing, and the other through specific ins...
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ژورنال
عنوان ژورنال: International Journal of Banking and Finance
سال: 2013
ISSN: 1675-722X
DOI: 10.32890/ijbf2013.10.2.8472