Islamonomics by Akhtar Mohammed
Islamonomics by Akhtar Mohammed ⭐⭐⭐⭐⭐ My Ratings 4.4/5 GO GRAB YOUR COPY VIA AMAZON NOW Synopsis The Islamic finance industry will be worth $3.4 trillion in 2018. Clearly, it is nothing to sneeze at. Yet, what is it, exactly? 'Islamic finance' refers to the means used by financial institutions in the 1.7 billion-strong Islamic world to raise capital. By definition, it is compliant with shari'ah law, even as it interacts with conventional, secular financial systems. In this groundbreaking book, Akhtar Mohammed explains the principles of Islamic finance and explores its function in the international marketplace. He argues that it holds powerful lessons for Western secular financial institutions, provided the "Islamic" in "Islamic finance" can be regarded without suspicion and with open minds. What does Islamic finance have to teach in relation to the worldwide financial crisis and its aftermath, globalization, ethical investment practices, the ...