This book explores contemporary empirical issues in Islamic
economics. It begins by outlining current trends in Islamic
economics and before identifying gaps in the empirical research. It
then goes on to discuss the role of institutions in economic growth
for Islamic countries, and the fiscal aspects of Islamic economics.
It explores issues in debt and growth, as well as the instruments
of monetary management in Islamic economics. It analyses the
trade-off between growth and stability and concludes with
discussion of Zakat and Waqf in driving growth.
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