Name: islamic finance,law, economics, and practice (en Inglés)
SKU: 1803748
Price: 167300.00 CLP
Availability: InStock
Author: El-Gamal, Mahmoud A.
ISBN: 9780521864145

portada islamic finance,law, economics, and practice (en Inglés)

islamic finance,law, economics, and practice (en Inglés)

Formato

Libro Físico

Autor

Mahmoud A. El-Gamal

Editorial

Cambridge University Press

Idioma

Inglés

N° páginas

221

Encuadernación

Tapa Dura

Dimensiones

23.2x16.5x2.1 cm

Peso

0.47 kg.

ISBN

0521864143

ISBN13

9780521864145

Categorías

Política y gobierno
Finanzas

islamic finance,law, economics, and practice (en Inglés)

Mahmoud A. El-Gamal (Autor) · Cambridge University Press · Tapa Dura

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Reseña del libro "islamic finance,law, economics, and practice (en Inglés)"

This book provides an overview of the practice of Islamic finance and the historical roots that define its modes of operation. The focus of the book is analytical and forward-looking. It shows that Islamic finance exists mainly as a form of rent-seeking legal-arbitrage. In every aspect of finance -- from personal loans to investment banking, and from market structure to corporate governance -- Islamic finance aims to replicate in Islamic forms the substantive functions of contemporary financial instruments, markets, and institutions. By attempting to replicate the substance of contemporary financial practice using pre-modern contract forms, Islamic finance has arguably failed to serve the objectives of Islamic law. This book proposes refocusing Islamic finance on substance rather than form. This approach would entail abandoning the paradigm of "Islamization" of every financial practice. It would also entail reorienting the brand-name of Islamic finance to emphasize issues of community banking, micro-finance, and socially responsible investment.