Islamic Finance Alternatives for Emerging Economies: Empirical Evidence from Turkey [electronic resource] /
Ustaoğlu, Murat.editor.
İncekara, Ahmet.editor.
Turkey could be considered the most important and leading Islamic country that has implemented the Western economic model successfully mostly because of the modernization efforts since late Ottoman period. As a result of the secularization efforts in the field of economy in early republican era, Muslim people in the country had to deal with non-Islamic practices that contradict with their religious beliefs. Islamic Finance Alternatives for Emerging Economies analyzes the emergence of the Islamic financial institutions in Turkey, by taking into account their history, their operational model, and their legal regulations in the financial field, to discuss the future of Islamic finance. The contributors also consider the ability of Islamic financial institutions and tools to respond to the financial needs of Muslims.
Cover; Half-Title; Title; Copyright; Dedication; Contents; List of Illustrations; Preface; Acknowledgements; Notes on Contributors; Glossary of Arabic Terms; Introduction; 1 The First Step towards Islamic Finance: Separationof Secularism and theIslamic Agenda; 2 The Notions of Islamic Economics and Financein the Global Era; 3 Basic Terminology inIslamic Finance and Turkish Perspective; 4 Modeling Islamic Finance andInclusive Growth for Emerging Markets: Evidence and Roadmapof Turkey and Malaysia; Index
Includes index.
Turkey could be considered the most important and leading Islamic country that has implemented the Western economic model successfully mostly because of the modernization efforts since late Ottoman period. As a result of the secularization efforts in the field of economy in early republican era, Muslim people in the country had to deal with non-Islamic practices that contradict with their religious beliefs. Islamic Finance Alternatives for Emerging Economies analyzes the emergence of the Islamic financial institutions in Turkey, by taking into account their history, their operational model, and their legal regulations in the financial field, to discuss the future of Islamic finance. The contributors also consider the ability of Islamic financial institutions and tools to respond to the financial needs of Muslims.
Islam.
Development economics.
Macroeconomics.
Finance.
International economics.
Islam.
Development Economics.
Macroeconomics/Monetary Economics//Financial Economics.
Finance, general.
International Economics.