Ethical Dimensions of Islamic Finance

Name: Ethical Dimensions of Islamic Finance
SKU: 26869904
Price: 321.00 NZD
Availability: InStock

Theory and Practice

By:

Format:

Hardback

Series:

Palgrave Studies in Islamic Banking, Finance, and Economics

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Description

This book provides an introductory theoretical foundation of the ethics embedded in Islamic economics and finance, and it shows how this ethical framework could pave the way to economic and social justice. It demonstrates how Islamic finance—a risk-sharing and asset-backed finance—has embedded universal values, ethical rules, and virtues, and how these qualities may be applied to a supposedly value-neutral social science to influence policy-making. This book argues that ethical and responsible finance, such as Islamic finance, could lead the efforts to achieve sustainable economic development. Iqbal and Mirakhor then conduct a comparative analysis of Islamic and conventional financial systems and present Islamic finance as an alternative that can address today’s growing problems of inequality, social injustice, financial repression, unethical leadership, and lack of opportunity to share prosperity.

Author Biography:

Zamir Iqbal is VP Finance and CFO of the Islamic Development Bank. Prior to this role, he served as head of the World Bank's Global Islamic Finance Development Center in Turkey. He is a coauthor of Challenges in Economic and Financial Policy Formulation (2014) and a coeditor of the Palgrave Studies in Islamic Banking, Finance, and Economics series. Abbas Mirakhor is the First Holder of Islamic Finance Chair at INCEIF - The Global University of Islamic Finance, Malaysia. He is a coauthor of Challenges in Economic and Financial Policy Formulation (2014), Introduction to Islamic Economics (2015), and Intermediate Islamic Finance

Release date NZ

October 6th, 2017

Author

Audience

Postgraduate, Research & Scholarly

Edition

1st ed. 2017

Illustrations

3 Illustrations, color; XV, 192 p. 3 illus. in color.

Pages

192

Series

Palgrave Studies in Islamic Banking, Finance, and Economics

ISBN-13

9783319663890

Product ID

26869904

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