Islamic Finance, Risk-Sharing and Macroeconomic Stability (Hardcover, 1st ed. 2019)

The concept of risk-sharing in financial and social contracts is one of the unique features of Islamic finance. Many theoretical studies generally claim superiority of an Islamic financial system based on pure equity and participatory modes of financing, while empirical studies provide mixed results. Studies and discussions are needed to fully understand how Islamic finance could contribute to the ongoing discussion of financial stability. Against this background, this book addresses various aspects of Islamic finance and the risk-sharing mechanism contributions to the overall macroeconomic and financial stability. Undoubtedly, the findings and recommendation from this book should be of great interest not only to future academic researchers in the field of macroeconomic stability and Islamic finance, but also to policy makers and regulators who are keen on drawing lessons from Islamic finance experiences to prevent similar crisis in the future.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Release date:	March 2019
First published:	2019
Editors:	Muhamed Zulkhibri • Turkhan Ali Abdul Manap
Dimensions:	210 x 148mm (L x W)
Format:	Hardcover
Pages:	268
Edition:	1st ed. 2019
ISBN-13:	978-3-03-005224-9
Categories:	Books > Business & Economics > Economics > Macroeconomics > General Books > Business & Economics > Finance & accounting > Finance > General Books > Business & Economics > Business & management > Management & management techniques > General Books > Money & Finance > General
LSN:	3-03-005224-9
Barcode:	9783030052249

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