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...
متن کاملIslamic Shari'a Concepts governing Islamic Banking finance
Introduction It is submitted that accepting Islamic Banking within the western regulatory framework has encountered many impediments. A conventional bank is an institution that holds a banking license issued by banks' regulatory authorities which authorizes the chartered institution to conduct fundamental banking services such as receiving deposits, making loans, providing and saving account se...
متن کاملBitcoin and Islamic Finance
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...
متن کاملThe Politics Behind Islamic Finance
In the wake of the September 11, 2001, terrorist attacks on the United States, the UN Security Council passed a resolution targeting transnational sources of terrorist funds. At least one offshore Islamic bank was shut down, and American officials, ignorant about Islamic finance, viewed any “Islamic” bank with heightened suspicion. The Bush Administration targeted Al-Baraka in particular, confu...
متن کاملWar and Peace in International Islamic Finance
Islamic Finance is more than an asset class – it is a way of life lived by 1.6 billion Muslims around the world. But its reach goes even further – non-Islamic countries, governments, and businesses, have all invested in or issued Islamic securities for one reason or another. With the ongoing push of globalization of trade and finance, Islamic financial flows, long a localized phenomenon, have b...
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ژورنال
عنوان ژورنال: International Journal of Economics and Finance
سال: 2014
ISSN: 1916-9728,1916-971X
DOI: 10.5539/ijef.v6n8p205