Islamic Finance and Global Capitalism di James Watkins edito da Springer International Publishing
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Islamic Finance and Global Capitalism

An Alternative to the Market Economy

EAN:

9783030598396

ISBN:

303059839X

Pagine:
544
Formato:
Hardback
Lingua:
Tedesco
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Descrizione Islamic Finance and Global Capitalism

This book examines whether Islamic finance and Islamic economics is challenging the orthodoxy of the money markets. Can ethical finance combined with the prohibition on interest and speculation really work in the global economy? With a political economy approach, the book explores how the industry has grown in modern times ¿ from a short-lived bank in an Egyptian city in the 1960s through to a global industry that is today valued at US$2.05 trillion. From the revelation as articulated by the Prophet Muhammed in the seventh century through to the gleaming 21st century skyscrapers of Dubai and Kuala Lumpur, the book covers the end of European colonialism, the controversial utterances of self-styled religious leaders, the impact of Islamophobia, and the efforts to end poverty through Islamic microfinance. The book uncovers an industry that is both profitable and changing the face of contemporary capitalism.

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