Islamic Finance as a Complex System: New Insights - Hardcover

Haider Ali Khan And Karamo N.M. Sonko - Foreword M. Kabir Hassan - Contributions Nursilah Ahmad; Tamsir Cham; Ousman Diagana; Haider Ali Khan; Karamo N.M. Sonko; Mariama Sonko; Sarah A. Tobin And Asad Zaman

Hardcover

ISBN 10: 1793608652 ISBN 13: 9781793608659

Publisher: Lexington Books, 2020

Synopsis

There has been a rapid increase in the interest in the study of Islamic finance, resulting in a dramatic rise in financing since the beginning of the century. By the end of 2017 global industry assets had reached $2.4 trillion and were forecasted to reach $3.2 trillion by 2020, despite historic challenges to Islam itself at the same time. This collection of chapters provides key theoretical, empirical, and policy insights into Islamic finance from an overall complex financial and economic systems perspective. Within the complex financial and economic systems framework, this book addresses questions such as how to conceptualize Islamic financial institutions in a nonlinear general equilibrium system, how to promote Islamic Finance in Africa, how “Islamic” is Islamic finance, and how it affects price stability, among other topics. The book provides case studies in Africa and Asia, addresses the subject in a structural financial CGE model, demonstrates the development impact of Islamic finance, and presents an Islamic version of the Iceland Plan for Monetary Reform.

About this title

About the Authors

Haider Ali Khan is John Evans Distinguished University Professor at the Joseph Korbel School of International Studies at the University of Denver.

Karamo N.M. Sonko is Chairman and Founder, Heeno International.

Edition details

• Publisher: Lexington Books
• Publication date: 2020
• Language: English
• ISBN 10: 1793608652
• ISBN 13: 9781793608659
• Binding: Hardcover
• Number of pages: 226