Results 231 to 240 of about 2,711,369 (267)

Asset pricing in an Islamic economy

Applied Economics, 2019
We define an Islamic economy as one with borrowing restrictions, no leverage, and no risk-free asset. We derive a consumption-based asset pricing model for this economy under standard preferences.
Y. Hammami
openaire   +3 more sources

Islam and the Spirits of Capitalism: Competing Articulations of the Islamic Economy [PDF]

Politics & Society, 2018
Why has the Islamic economy, as a model of socioeconomic development, gained traction as a viable option? The existing literature suggests that the Islamic economy has been popularized by a combination of factors, including anticolonial movements, a global renewal of religiosity, and the activities of new social strata who merge piety with capitalist ...
Aisalkyn Botoeva
openaire   +2 more sources

Islamic Economy and Capitalism

SSRN Electronic Journal, 2020
There is a strong belief formed in scholarly and policy circles that contemporary capitalism is the source of many economic, social and political problems that plague the world today. This system is blamed for large inequalities between the rich and the poor, unrestrained profit-seeking without moral, ethical and social considerations, venal ...
Abbas Mirakhor, Hazik Mohamed
openaire   +2 more sources

Diversity of Shari’ah supervisory board and the performance of Islamic banks: evidence from an emerging economy of Pakistan

Journal of Islamic Accounting and Business Research, 2023
Purpose Given the relative importance of the Shari’ah supervisory boards (SSBs) in Islamic banks’ (IBs’) performance, this study aims to examine the impact of SSB diversity on IBs’ performance from the stakeholders’ perspective in the context of ...
Ismail Khan, I. Khan, M. J. Uddin, Safeer Ullah Khan, Jahanzeb Marwat   +4 more
semanticscholar   +1 more source

Islamic countries and Maqasid al-Shariah towards the circular economy: The Dubai case study

, 2021
This paper aims to explore the economic, social, and environmental policies in Gulf countries. Despite the increased attention paid by scholars on circularity, there is no evidence about the relationship between the circular economy and Islamic countries.
M. Campra, V. Brescia, Vahid Jafari‐Sadeghi, D. Calandra   +3 more
semanticscholar   +1 more source

Independence and effectiveness of Shariah supervisory board of Islamic banks: evidence from an emerging economy

, 2021
PurposeThe main objective of the study is to ascertain the level of independence and the effectiveness of the Shariah Supervisory Board (SSB) members of Islamic banks in Bangladesh.
Md. Kausar Alam, Muhammad Shahin Miah
semanticscholar   +1 more source

The Islamic Economy - The Fastest Growing Large Economy. Eurasian Focus

, 2018
Islamic economy phenomenon is known as a separate object of research since 1940s. However, it kindled the curiosity of multinationals and policymakers much later in the 20th century – when multinationals realized the size and the growth rate of Islamic ...
G. Nurgalieva
semanticscholar   +1 more source

The Operational Features of an Islamic Economy

2017
The contour of an Islamic economy is one where everyone who is able works hard. Economic, social, and political affairs are conducted with the goal of removing barriers to the progress of all humans and in full compliance with rules. Knowing that they are responsible and accountable, individually and collectively, they invest allegiance in a legitimate
Hossein Askari, Abbas Mirakhor
openaire   +2 more sources

Chapter Six. Characteristics Of An Islamic Economy

2010
This chapter addresses the issue of the essential elements of an Islamic economy. The characteristics of a market economy are private property, constrained freedom of choice, self-interest, market system and competition. Free will implies freedom of choice, for otherwise it does not make any terrestrial or eschatological sense.
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