The Informal Economy and Islamic Finance: The Case of Organisation of Islamic Cooperation Countries
Language: English
Published by Routledge, 2022
- Hardcover
- New

Seller: Revaluation Books, Exeter, United KingdomRevaluation Books
AbeBooks seller since January 6, 2003
Condition: New
£ 220.77
Quantity: 2 available
Add to basketItem description from seller
168 pages. 9.19x6.13x0.54 inches. In Stock.
Seller Inventory # x-1032360321
- Title
- The Informal Economy and Islamic Finance: The Case of Organisation of Islamic Cooperation Countries
- Author
- Khan, Shabeer
- Publisher
- Routledge
- Publication year
- 2022
- Condition
- Brand New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1032360321
- ISBN 13
- 9781032360324
- Item weight
- 0.44 kilograms
- Series
- Book 30 of 43: Islamic Business and Finance
The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic Cooperation (OIC) nations.
This is one of the first books to investigate Islamic finance’s stance on the informal economy and to discuss it from an OIC perspective. It covers the various definitions, historical development, types, and determining factors behind the shadow economy and the reasons for people’s preference to join and stay in the informal economy. Similarly, different theories are discussed in detail, thus providing a deeper understanding of the subject matter.
The book examines the indicators of the informal sector, such as unemployment, regulation, and taxation, and the effect of financial development and the role of financial inclusion in informal economy in the case of OIC countries compared to non-OIC countries. It defines the main features of the informal economy and discusses their implications for policy formation and implementation. Additionally, the author provides guidance on Islamic finance’s role in the informal economy and offers policy recommendations in order to bring more people into the formal economy.
The book presents deep and specialist knowledge on the shadow economy as well as facts and figures pertaining to OIC countries, and, as such, will open the door for future research in this important but understudied field, especially from an Islamic finance angle. It can be used as a comprehensive guide for students, academics, and researchers of Islamic studies, development economics, political economy, public policy, law, sociology, and anthropology.
"Synopsis" may belong to another edition of this title.
About the Author
Shabeer Khan, PhD, is an assistant professor in the Department of Islamic Economics and Finance at Sakarya University, Turkey. He is a Shariah board member of the Tayyib Advisory UAE and Shariah consultant to KalPay Financial Services, Pakistan, and Muawin, Pakistan. Moreover, he is also a trainer and consultant with ifintel, Malaysia.
"About the title" may belong to another edition of this title.
Revaluation Books
Exeter, United Kingdom
AbeBooks seller since January 6, 2003
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Edward Bowditch Ltd
Exstowe, Exton
Exeter, United Kingdom EX3 0PP
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