Islamic economics and finance
Subtitle: a European perspective
By: edited by Jonathan Langton and Cristina Trullols, and Abdullah Q. Turkistani
Publisher: Palgrave Macmillan
Published: 2012
Place of publication: New York, NY
Language: eng
Number of pages: 191
ISBN-13: 9780230300279
Subjects: Economic; Economic aspects; Financ; Islam
Description: The global economic crisis has driven many economists around the world to seek alternative solutions to the western capitalist model which has proven to have some shortcomings. One prominent area of that research has been Islamic Economics and Finance. Based on the Muslim teachings of shari'ah, this system differs significantly from conventional economics and finance, notably in the prohibition of interest and strong emphasis on moral ethics. In June 2010, IE Business School, with King Abdulaziz University, gathered in Madrid some of the world's foremost scholars, academics and practitioners of Islamic Economics and Finance to discuss how this alternative philosophy can be applied in western financial markets. This collection of highlights from that conference and original articles, specifically addresses the post-crisis application, as well as the Legal and Tax Implications, of this growing and relevant economic philosophy in Europe, including in the area of Project Financing.
Notes: Includes bibliographical references and index.
Table of contents: title: Foreword / Celia de Anca and Ignacio de la Torre; title: Editors' notes and acknowledgments; title: Contributors; title: Glossary of common Arabic terms in Islamic economics and finance; title: Beyond the crisis : Islamic finance in the new financial order; title: Opening round table; title: Introduction to Islamic economics and finance; title: Public-private partnerships : Islamic finance in international project finance; title: Legal and tax adaptation of Islamic finance instruments in Spain; title: Additional articles; title: The global financial crisis : can Islamic finance help? / Dr M. Umer Chapra; title: Points to ponder in Islamic finance / Dr Mohamed Ali Elgari; title: Islamic finance and the regulatory challenge : the European case / Dr Ahmed Belouafi and Dr Abderrazak Belabes.