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Introduction to Islamic Economics: Theory and Application
Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed.
About The Author. He has also served on the executive board of Want to Read saving…. Want to Read Currently Reading Read. Other editions. Enlarge cover.
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Return to Book Page. Abbas Mirakhor.
Contributions to Islamic Economic Theory
The authors, two of the best known authorities in Islamic economics, finance and banking, also incorporate valuable examples and practical discussions that will offer better understanding of this emerging market. They should be congr "Many books have been written on Islamic financial markets but this is the first book to introduce all of the essential topics in one volume. They should be congratulated for providing students and practitioners with a text that places Islamic finance and banking squarely within the context of Islamic teachings and modern finance and banking practices.
The authors provide necessary background to the subject, as well as succinct description of the main products and processes. By outlining the waysin which Islamic finance and Islamic economics interrelate, thisbook can help readers to: Develop an understanding of the Islamic economic system and itsinstitutional scaffolding Differentiate between the major characteristics of the dominantconventional economy and one based on the fundamental sources ofIslam Understand the conditions that must be met for a just,well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing inthe Islamic financial system The Islamic financial system is expanding quickly, and thoselooking to increase their relevance in a changing economiclandscape must get up to speed.
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