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Ethical Dimensions of Islamic Finance

Ethical Dimensions of Islamic Finance

Theory and Practice

by Zamir Iqbal and Abbas Mirakhor
Paperback
Publication Date: 22/06/2018
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This book provides an introductory theoretical foundation of the ethics embedded in Islamic economics and finance, and it shows how this ethical framework could pave the way to economic and social justice. It demonstrates how Islamic finance-a risk-sharing and asset-backed finance-has embedded universal values, ethical rules, and virtues, and how these qualities may be applied to a supposedly value-neutral social science to influence policy-making. This book argues that ethical and responsible finance, such as Islamic finance, could lead the efforts to achieve sustainable economic development. Iqbal and Mirakhor then conduct a comparative analysis of Islamic and conventional financial systems and present Islamic finance as an alternative that can address today's growing problems of inequality, social injustice, financial repression, unethical leadership, and lack of opportunity to share prosperity.
ISBN:
9783319882338
9783319882338
Category:
Banking
Format:
Paperback
Publication Date:
22-06-2018
Publisher:
Springer International Publishing AG
Country of origin:
Switzerland
Pages:
192
Dimensions (mm):
210x148mm
Weight:
2.75kg

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