Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Islamic Finance and Economic Development

Islamic Finance and Economic Development

Ahmad, A.
Iqbal, M.

Hardcover

AccountingEconomicsInvesting & Finance

ISBN10: 140394718X
ISBN13: 9781403947185
Publisher: Springer Nature
Published: Oct 28 2005
Pages: 240
Weight: 1.07
Height: 0.75 Width: 5.50 Depth: 8.50
Language: English
Over the last thirty years, Islamic banking has emerged as a viable and efficient model of financial intermediation. In conventional economic systems, the interest rate mechanism is at the heart of that process, however the Islamic financial system cannot rely on that mechanism. With this fact considered, this volume explores the role of Islamic finance in promoting growth and development. It highlights the benefits that Islamic banking can bring to society as an alternative model of financial intermediation and presents interesting case studies that examine certain features of Islamic finance and their relationship with growth, economic and financial stability, allocative efficiency and social justice.

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