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612-822-4611
Reforming the Methodology of Product Development in Islamic Finance

Reforming the Methodology of Product Development in Islamic Finance

Paperback

General Law

ISBN10: 3659546429
ISBN13: 9783659546426
Publisher: Lap Lambert Academic Pub
Published: May 26 2014
Pages: 52
Weight: 0.20
Height: 0.12 Width: 6.00 Depth: 9.00
Language: English
The current methodology of product development in Islamic finance has failed to reflect the productive nature of Islamic economics. This is evidenced by a number of current products being substantially undistinguishable from their conventional counterparts according to the commonly-held views. This study discusses the reform needed to the existing methodology of product development in order to structure genuinely Shariah-compliant products which reflects the spirit of the Shariah, with a special emphasis on the role of Fiqh.

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General Law