Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Islamic finance --- Islamic economics --- moral economy --- Islamic banking --- Islamic commercial law --- Economics --- Banks and banking --- Finance --- Management --- Banks and banking, Islamic --- Islamic banks and banking --- Non-interest banks, Islamic --- Administration --- Funding --- Funds --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Religious aspects --- Islam --- Islam. --- Industrial relations --- Organization --- Currency question --- Financial institutions --- Money --- islamic finance --- islamic economics --- islamic banking --- islamic commercial law --- Esoteric sciences

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book provides an introduction to the vision of an economic system based completely on the Holy Qur’an—a system defined as a collection of institutions, representing rules of behavior, prescribed by Allah for humans, and the traditions of the Messenger. The authors argue that the main reason for the economic underperformance of Muslim countries and their economies has been non-compliance with the prescribed rules of behavior. Rule non-compliance has been chiefly due to the failure of Muslims to comprehend the Metaframework of the Qur’an and the Archetype Model of the Prophet Mohammad and interpret them in ways compatible with their own generation and time. Askari and Mirakhor believe these rules (institutions), properly adapted to prevailing conditions present what they consider as an ideal economic system.

Islam --- Economics --- Economic aspects. --- Religious aspects --- Islam. --- Islam and economics --- Political economy. --- Finance, Public—Islamic countries. --- Religion and politics. --- Religion and sociology. --- Public policy. --- International Political Economy. --- Islamic Finance. --- Politics and Religion. --- Religion and Society. --- Public Policy. --- Religion and society --- Religious sociology --- Society and religion --- Sociology, Religious --- Sociology and religion --- Sociology of religion --- Sociology --- Political science --- Politics, Practical --- Politics and religion --- Religion --- Religions --- Mohammedanism --- Muhammadanism --- Muslimism --- Mussulmanism --- Muslims --- Economic theory --- Political economy --- Social sciences --- Economic man --- Political aspects --- Political planning --- Planning in politics --- Public policy --- Planning --- Policy sciences --- Public administration

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

While creating new forms (Shari'ah-compliant standards) to operationalize Islamic values and ethics into the current conventional economic system and banking products is crucial to sustain the Islamic economy as it is today, we also need to develop new strategies to cope with the next economic evolution. The digital revolution in financial services is under way, and digital disruption has the potential to shrink the role and relevance of today's banks, while simultaneously creating better, faster, cheaper services that will be an essential part of everyday life. This forward-looking book discusses the crucial innovation, structural and institutional development for financial technologies (fintech) in Islamic finance. The authors explain concepts in fintech and blockchain technology and follow through with their applications, challenges and evolving nature. The book provides insights into technology which will enable and enhance actual prescribed Islamic behaviors in modern economic transactions. Case studies highlight how to cope with modern transactional behavior with the advent of global online/mobile markets, shorter attention spans, and impersonal trade exchange.

Islam --- Finance --- Information systems --- Middle East --- Arab states --- Electronic funds transfers --- Finance (Islamic law) --- Blockchains (Databases) --- E-books --- Block chains (Databases) --- Database security --- Distributed databases --- Islamic law --- EFT (Electronic funds transfers) --- Electronic banking --- Electronic check clearing --- Electronic money systems --- Electronic payments systems --- Electronic transfer of funds --- Funds, Electronic transfers of --- Telebanking --- Transfers of funds, Electronic --- Electronic data interchange --- Electronic benefits transfers --- Home banking services --- Fintech, Blockchain, Islamic Economics, Islamic Finance, Shari'ah. --- Banks and banking --- Cryptocurrencies --- Financial institutions --- Money --- Religious aspects --- Islam. --- Technological innovations. --- Currency --- Monetary question --- Money, Primitive --- Specie --- Standard of value --- Exchange --- Value --- Coinage --- Currency question --- Gold --- Silver --- Silver question --- Wealth --- Financial intermediaries --- Lending institutions --- Associations, institutions, etc. --- Crypto coins --- Cryptocoins --- Digital currency --- Banks and banking, Islamic --- Islamic banks and banking --- Non-interest banks, Islamic

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.

Finance --- Financial risk management --- Risk management --- International Monetary Fund. --- MCD (International Monetary Fund. Middle East and Central Asia Department) --- International Monetary Fund --- E-books --- Banking law (Islamic law). --- Business. --- Finance (Islamic law). --- Finance. --- Business & Economics --- Financial Management & Planning --- Banks and Banking --- Finance: General --- Islamic Banking and Finance --- Financial Markets and the Macroeconomy --- Monetary Policy --- Central Banks and Their Policies --- International Financial Markets --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financial Institutions and Services: Government Policy and Regulation --- Other Economic Systems: Public Economics --- Financial Economics --- General Financial Markets: Government Policy and Regulation --- Portfolio Choice --- Investment Decisions --- Banking --- Islamic banking --- Islamic finance --- Financial sector stability --- Liquidity management --- Financial services --- Financial sector policy and analysis --- Asset and liability management --- Open market operations --- Central banks --- Banks and banking --- Islamic countries --- Financial services industry --- Liquidity --- Economics --- Malaysia

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The SDN discusses the main policy issues and challenges in building an inclusive and safe Islamic finance industry, with emphasis on Islamic banking and Sukuk markets. To this end, it discuses why Islamic finance matters, taking into account its recent and prospective growth; and, its potential contributions in terms of financial inclusion, support for small- and medium-sized enterprises and investment in public infrastructure and, in principle, reduced systemic risk. It then covers a range of regulatory and other challenges, and offers policy advice, to address factors that hamper the development of the industry and, more generally, the delivery of its potential benefits. The paper covers regulatory and supervisory issues, safety nets and resolution frameworks, access to finance, Sukuk markets, and macroeconomic policies.

Islam --- Banks and banking --- Deposit insurance --- Financial risk management --- Crisis management --- Monetary policy --- Liquidity (Economics) --- Fiscal policy --- Finance --- Funding --- Funds --- Economics --- Currency question --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Assets, Frozen --- Frozen assets --- Monetary management --- Currency boards --- Money supply --- Crises --- Management of crises --- Management --- Problem solving --- Conflict management --- Risk management --- Bank deposit insurance --- Insurance, Deposit --- Savings insurance --- Insurance --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Financial institutions --- Money --- Mohammedanism --- Muhammadanism --- Muslimism --- Mussulmanism --- Religions --- Muslims --- Religious aspects&delete& --- Islam&delete& --- State supervision --- Government policy --- Government guaranty of deposits --- InfraStructure --- Infra Structure --- Finance. --- E-books --- Religious aspects --- Banks and banking, Islamic --- Islamic banks and banking --- Non-interest banks, Islamic --- Banks and Banking --- Financial Risk Management --- Industries: Financial Services --- Islamic Banking and Finance --- Financial Markets and the Macroeconomy --- Monetary Policy --- General Financial Markets: Government Policy and Regulation --- Taxation and Subsidies: Other --- Economic Development: Financial Markets --- Saving and Capital Investment --- Corporate Finance and Governance --- Other Economic Systems: Public Economics --- Financial Economics --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financial Institutions and Services: Government Policy and Regulation --- Economic & financial crises & disasters --- Financial services law & regulation --- Islamic finance --- Islamic banking --- Financial services --- Financial crises --- Islamic banking supervision --- Financial regulation and supervision --- Islamic countries --- Financial services industry --- Malaysia