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Islamic Finance, Risk-Sharing and Macroeconomic Stability

Islamic Finance, Risk-Sharing and Macroeconomic Stability

          
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About the Book

Examines the compatibility of capitalism and Islamic economics/finance by addressing important questionsProposes nominal-GDP targeting (NGDPT) framework as an efficient monetary policy that is also consistent with Islamic monetary economy
Provides the Shari'ah as the principal source of Islamic banking
Investigates the effects of dynamic forces behind capital structure variation such as the optimal capital structure behaviour based on the trade-off, pecking order, market timing and firm fixed effect models of capital structure

Table of Contents:

1. Introduction; Muhamed Zulkhibri and Turkhan Ali Abdul Manap.- Part I. The Nature of Islamic Economics and Macroeconomic Stability.- 2. Islamic Economics: “New Paradigm” or “Old Capitalism”?; Necati Aydin.- 3. The Theological Foundations of Islamic Banking: A Critical Review; Md. Thowhidul Islam.- Part II. Risk Sharing, Islamic Bank Capital and Financial Regulation.- 4. Capital Structure and Shari’ah Compliance Firms: Malaysian Evidence; Asyraf Abdul Halim, Mohd Edil Abd Sukor, Obiyathulla Ismath Bacha.- 5. Capital Regulatory Requirements for Islamic Banks in UAE: A Comparative Analysis; Abdussalam Ismail Onagun.- 6. Monetary Management in a Dual Banking System: A Nominal GDP Targeting Approach; Mehdi Hadian.- Part III. Financial Leverage and Risk-Sharing in Islamic Banking.- 7. Determinants of Financial Leverage in Islamic Banks; M.A. Rehman Shah, A. Rashid, M. Khaleequzzaman.- 8. Measuring Systemic Risk in Dual Banking System: The Case of Malaysia; Turkhan Ali Abdul Manap.- 9. Credit Risk, Bank Performance and Islamic Banking: Evidence from Pakistan; Azam Ali, Muhamed Zulkhibri, Tanveer Kishwar,.- Part IV. Islamic Finance for Socioeconomic Development.- 10. Resource Mobilisation and Islamic Charity-Giving in Indonesia: Evidence from Low-Income Households; Laily Dwi Arsyianti, Salina Kassim, Adewale Abideen Adeyemi.- 11. Islamic Finance and Financial Exclusion in Minority Muslin Countries: The Case of India; Ummer Farooque Musliyar Kurunkatil.- 12. Fintech and Risk-Sharing: A Catalyst for Islamic Finance; Siti Muawanah Lajis.


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Product Details
  • ISBN-13: 9783030052249
  • Publisher: Springer Nature Switzerland AG
  • Publisher Imprint: Springer Nature Switzerland AG
  • Height: 210 mm
  • No of Pages: 268
  • Spine Width: 24 mm
  • Width: 148 mm
  • ISBN-10: 3030052249
  • Publisher Date: 05 Mar 2019
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Weight: 616 gr


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