The Islamic Financial System

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The Islamic Financial System

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dc.contributor.author Sami Tamer
dc.date.accessioned 2023-01-10T07:15:15Z
dc.date.available 2023-01-10T07:15:15Z
dc.date.copyright
dc.date.issued 2022-09-27
dc.identifier.isbn 9783631530191
dc.identifier.isbn 3631530196
dc.identifier.issn
dc.identifier.uri http://books.google.co.id/books?id=lE7mGAAACAAJ&dq=intitle:Islamic+Financial+Management&hl=&source=gbs_api
dc.identifier.uri https://repository.bungabangsacirebon.ac.id/repo/handle/123456789/2633
dc.description.abstract This study deals with the Islamic financial system and investigates the financial instruments utilized in it. Apart from the problems related to the prohibition of interest, the suggested concept for the Islamic financial system could not be applied in practice. Profit and Loss-Sharing instruments have been utilized on a small scale so far and it would be very difficult to increase the attractiveness of these financial instruments without easing Islamic legal restrictions or at least reconsidering relevant issues from both, the Islamic socio-economic and ethical viewpoint, as well as the position of conventional finance. An improvement of efficiency may not be possible without taking a fresh look at Islamic injunctions while considering at the same time contemporary financial realities and needs such as investment opportunities, risk diversification and regulatory issues.
dc.format Text
dc.language en
dc.publisher Peter Lang Pub Incorporated
dc.subject Business
dc.subject Economics
dc.title The Islamic Financial System
dc.type Textbook


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