Islamic Finance - Risk, Stability and Growth

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Islamic Finance - Risk, Stability and Growth image
ISBN-10:

3940924164

ISBN-13:

9783940924162

Author(s): Mehmet Asutay
Released: Feb 28, 2016
Publisher: Gerlach Press
Format: Hardcover, 348 pages

Description:

In response to the recent global financial crisis, Islamic finance, as a religiously authentic proposition, has shown resilience throuh its inherited principles such as risk sharing and the avoidance of speculation. Such approaches have provided stability, which in turn has brought unprecedented growth to the sector. The studies in this volume focus on examples in the GCC countries to provide empirical analysis of the risk aspects of Islamic finance, to test its stability, identify its growth trajectories, and measure its impact on economic growth.

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