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Islamic Finance as a Complex System - New Insights (Hardcover)
Loot Price: R3,144
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Islamic Finance as a Complex System - New Insights (Hardcover)
Expected to ship within 10 - 15 working days
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There has been a rapid increase in the interest in the study of
Islamic finance, resulting in a dramatic rise in financing since
the beginning of the century. By the end of 2017 global industry
assets had reached $2.4 trillion and were forecasted to reach $3.2
trillion by 2020, despite historic challenges to Islam itself at
the same time. This collection of chapters provides key
theoretical, empirical, and policy insights into Islamic finance
from an overall complex financial and economic systems perspective.
Within the complex financial and economic systems framework, this
book addresses questions such as how to conceptualize Islamic
financial institutions in a nonlinear general equilibrium system,
how to promote Islamic Finance in Africa, how "Islamic" is Islamic
finance, and how it affects price stability, among other topics.
The book provides case studies in Africa and Asia, addresses the
subject in a structural financial CGE model, demonstrates the
development impact of Islamic finance, and presents an Islamic
version of the Iceland Plan for Monetary Reform.
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