Globalization and Islamic finance convergence, prospects, and challenges /

This book is the first serious attempt to study the affiliation between the current trend of globalization and the development of Islamic finance. It explores the potential convergence of Islamic and conventional finance as these systems continue their progress in designing and developing better ris...

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Bibliographic Details
Main Authors: Askari, Hossein
Group Author: Iqbal, Zamir; Mirakhor, Abbas
Published:
Literature type: Electronic eBook
Language: English
Series: [Wiley finance]
Subjects:
Online Access: http://onlinelibrary.wiley.com/book/10.1002/9781118390467
Summary: This book is the first serious attempt to study the affiliation between the current trend of globalization and the development of Islamic finance. It explores the potential convergence of Islamic and conventional finance as these systems continue their progress in designing and developing better risk-sharing structures and an expanded menu of financial instruments. The authors offer innovative thoughts on the future of Islamic finance in the wake of globalization. References and comparison of the historical financial globalization episode and today's globalization are made. In addition, it a
Item Description: Series statement taken from cover.
"Islamic Finance"--Jacket.
Carrier Form: 1 online resource (ix, 214 pages) : illustrations.
Bibliography: Includes bibliographical references and index.
ISBN: 9780470823491 (hbk.)
0470823496 (hbk.)
9781118390467 (electronic bk.)
1118390466 (electronic bk.)
1283401479
9781283401470
Index Number: HG187
CLC: F831
Contents: Front Matter -- A Brief History of Globalization and Islamic Finance -- The Consequences of Globalization: Convergence or Divergence with Islam? -- Islamic Finance, Conventional Finance, and Globalization -- Recent Developments in Conventional Finance, Financial Globalization, and Islamic Finance -- Empirical Trends in Conventional and Islamic Financial Globalization -- Key Considerations in Developing an Islamic Financial System -- Conclusions and the Future of Islamic Finance -- References -- Index.