Islamic finance: more expectations and less disappointment
نویسندگان
چکیده
منابع مشابه
Islamic Finance
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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It is argued that a Bitcoin-style money-like informational commodity may constitute an effective instrument for the further development of Islamic Finance. The argument involves the following elements: (i) an application of circulation theory to Bitcoin with the objective to establish the implausibility of interest payment in connection with Bitcoin, (ii) viewing a Bitcoin-like system as a mone...
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The objective of this study is to model and estimate the effect of financial services in the agricultural sector of Iran on the value added of this sector. Moreover, since as of 1984, the Interest Free Banking law was implemented, the effect of this change on the value added of the sector will be studied as the second objective. The model of the study consists of three tions. The volume of real...
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JULY/AUGUST 2003 31 Nobel Prize winners disagree about the impact of the financial sector on economic growth. Some do not even consider finance worth discussing. A collection of essays by the “pioneers of development economics”—including three winners of the Nobel Prize in Economics—does not discuss finance (Meier and Seers, 1984). At the other extreme, Nobel Prize winner Merton Miller (1998, p...
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ژورنال
عنوان ژورنال: Investment Management and Financial Innovations
سال: 2017
ISSN: 1810-4967,1812-9358
DOI: 10.21511/imfi.14(1).2017.14