LEADER 04785nam 2200721 a 450 001 9910781540903321 005 20230725054309.0 010 $a1-118-17890-4 010 $a1-283-40147-9 010 $a9786613401472 010 $a1-118-39046-6 010 $a1-118-17888-2 035 $a(CKB)2550000000073783 035 $a(EBL)822430 035 $a(OCoLC)768732282 035 $a(SSID)ssj0000566767 035 $a(PQKBManifestationID)11389888 035 $a(PQKBTitleCode)TC0000566767 035 $a(PQKBWorkID)10562270 035 $a(PQKB)11347542 035 $a(MiAaPQ)EBC822430 035 $a(Au-PeEL)EBL822430 035 $a(CaPaEBR)ebr10518685 035 $a(CaONFJC)MIL340147 035 $a(EXLCZ)992550000000073783 100 $a20100218d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aGlobalization and Islamic finance$b[electronic resource] $econvergence, prospects, and challenges /$fHossein Askari, Zamir Iqbal, and Abbas Mirakhor 210 $aSingapore $cJ. Wiley & Sons (Asia)$d2010 215 $a1 online resource (226 p.) 225 1 $aWiley finance 300 $aDescription based upon print version of record. 311 $a0-470-82349-6 320 $aIncludes bibliographical references and index. 327 $aGlobalization 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 Globalization 327 $a2.3: 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: Introduction 327 $a4.2: 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 System 327 $a6.2: 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; Index 330 $aThis is an extremely valuable book written by three highly qualified scholars whose credentials for writing such a book are difficult to match. The timing of the book is also perfect, having come at a time when the worst financial crisis in living memory has intensified the quest for reform of the international architecture. The proposals made by the authors should go a long way in not only reforming the system but also in accelerating the move towards financial globalization and convergence of the conventional and Islamic financial systems.Dr. Umer ChapraProminent Scholar of 410 0$aWiley finance series. 606 $aFinance$zIslamic countries 606 $aFinance$xReligious aspects$xIslam 606 $aFinancial institutions$zIslamic countries 606 $aGlobalization 615 0$aFinance 615 0$aFinance$xReligious aspects$xIslam. 615 0$aFinancial institutions 615 0$aGlobalization. 676 $a332.0917/67 700 $aAskari$b Hossein$0128679 701 $aIqbal$b Zamir$0698698 701 $aMirakhor$b Abbas$0862217 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910781540903321 996 $aGlobalization and Islamic finance$93693917 997 $aUNINA