Islamic Finance in the Global Economy

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By Ibrahim Warde

Publisher: Edinburgh University Press
Pages: 256, Publication Date: 2000-07-15
ISBN-10 / ASIN: 0748612165
ISBN-13 / EAN: 9780748612161

Description:
In the past decade, Islamic finance has grown at rates exceeding 20% a year. It is now a $200 billion industry, with operations in over 70 countries. This book explains the paradox of a system rooted in the medieval era thriving in the global economy.

It traces the evolution of Islamic finance, explores its significance from a historical and comparative perspective, and considers the strategic, marketing, managerial, political, economic, regulatory and cultural challenges faced by Islamic institutions.

Based on rigorous academic research as well as considerable empirical work, this authoritative book is set to become an invaluable reference work for all those with an interest in Islamic and Middle Eastern economics, business and finance.

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