04785nam 2200721 a 450 991078154090332120230725054309.01-118-17890-41-283-40147-997866134014721-118-39046-61-118-17888-2(CKB)2550000000073783(EBL)822430(OCoLC)768732282(SSID)ssj0000566767(PQKBManifestationID)11389888(PQKBTitleCode)TC0000566767(PQKBWorkID)10562270(PQKB)11347542(MiAaPQ)EBC822430(Au-PeEL)EBL822430(CaPaEBR)ebr10518685(CaONFJC)MIL340147(EXLCZ)99255000000007378320100218d2010 uy 0engur|n|---|||||txtccrGlobalization and Islamic finance[electronic resource] convergence, prospects, and challenges /Hossein Askari, Zamir Iqbal, and Abbas MirakhorSingapore J. Wiley & Sons (Asia)20101 online resource (226 p.)Wiley financeDescription based upon print version of record.0-470-82349-6 Includes bibliographical references and index.Globalization and Islamic Finance: Convergence, Prospects, and Challenges; Contents; Preface; Chapter 1: A Brief History of Globalization and Islamic Finance; 1.1: A Brief History of Globalization; 1.2: How Complete Is Globalization?; 1.3: A Brief Introduction to Islamic Finance; 1.4: Islamic Finance and Globalization: Convergence or Divergence?; Chapter 2: The Consequences of Globalization: Convergence or Divergence with Islam?; 2.1: Theoretical Consequences of Globalization: Growth, Income Distribution, Poverty Alleviation, and Regulation; 2.2: Some Empirical Consequences of Globalization2.3: Financial Globalization2.4: Basic Islamic Economic and Financial Doctrines and Globalization; 2.5: Convergence or Divergence?; Chapter 3: Islamic Finance, Conventional Finance, and Globalization; 3.1: The Development of Islamic Finance; 3.2: The Development of Conventional Finance; 3.3: Islamic and Conventional Finance: The Impact of Globalization; 3.4: Financial Stability and the Emerging Relationship between Islamic and Conventional Finance; Chapter 4: Recent Developments in Conventional Finance, Financial Globalization, and Islamic Finance; 4.1: Introduction4.2: The Role of Financial Systems and the Stability Characteristics of the Conventional Financial System4.3: A Different Explanation for the Financial Crisis of 2007; 4.4: Islamic Financial System and Lessons from the Recent Crisis; 4.5: Summary; Chapter 5: Empirical Trends in Conventional and Islamic Financial Globalization; 5.1: Trends in Conventional Financial Globalization; 5.2: Growth in Islamic Finance; 5.3: Convergence or Divergence?; Chapter 6: Key Considerations in Developing an Islamic Financial System; 6.1: Lessons from the Conventional Financial System6.2: Gaps in the Islamic Financial System and its Practice6.3: Policy Recommendations; 6.4: Concluding Remarks; Chapter 7: Conclusions and the Future of Islamic Finance; 7.1: The Future of Globalization; 7.2: The Evolution of Financial Globalization; 7.3: The Expansion of Risk Sharing; 7.4: The Likelihood of Convergence; References; IndexThis is an extremely valuable book written by three highly qualified scholars whose credentials for writing such a book are difficult to match. The timing of the book is also perfect, having come at a time when the worst financial crisis in living memory has intensified the quest for reform of the international architecture. The proposals made by the authors should go a long way in not only reforming the system but also in accelerating the move towards financial globalization and convergence of the conventional and Islamic financial systems.Dr. Umer ChapraProminent Scholar ofWiley finance series.FinanceIslamic countriesFinanceReligious aspectsIslamFinancial institutionsIslamic countriesGlobalizationFinanceFinanceReligious aspectsIslam.Financial institutionsGlobalization.332.0917/67Askari Hossein128679Iqbal Zamir698698Mirakhor Abbas862217MiAaPQMiAaPQMiAaPQBOOK9910781540903321Globalization and Islamic finance3693917UNINA