New issues in Islamic finance and economics : progress and challenges

398 Pages·2009·2.605 MB·English

by  Mirakhor, Abbas, Iqbal, Zamir, Askari, Hossein

New Issues in Islamic
Finance and Economics:
Progress and Challenges

New Issues in Islamic
Finance and Economics:
Progress and Challenges
Hossein Askari, Zamir Iqbal,
and Abbas Mirakhor
JohnWiley&Sons(Asia)Pte.Ltd.
Copyright©2009byJohnWiley&Sons(Asia)Pte.Ltd.
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Contents
Acknowledgment ix
GlossaryofArabicTerms xi
1 TheDevelopmentandProgressofIslamicFinance 1
2 IssuesandChallenges 47
3 IslamicFinanceandGlobalization:Convergenceanda
BoostforRapidGrowth? 75
4 GlobalizationandItsImplicationsforMuslimCountries 111
5 ExpandingFinancialFrontiers 129
6 ReputationalRiskfortheIslamicFinancialIndustry 149
7 TheDesignofBenchmarksforAssetPricing 179
8 Qard-ul-Hassan-basedMicrofinance 197
9 DevelopingtheTheoreticalFoundationsofEconomicsinIslam 211
10 IslamandEconomicDevelopment 243
11 TaxationandPublicExpenditureinIslam 263
12 TheScopeoftheSocialSafetyNetinIslam:ACaseStudy 293
References 327
Index 363
vii