Islamic finance has witnessed a meteoric ascent in recent decades, cementing its status as a prominent player within the global financial sphere. Diverging from traditional financial systems, Islamic finance operates on the tenets of Shari'ah law, which emphasizes principles such as social equity, risk-sharing, and ethical investing. Although Islamic finance's appeal is evident within the Muslim community, its ethical and socially responsible investment options have begun to entice non-Muslims as well. Edited by Edib Smolo and Mohamed Mahees Raheem, this exhaustive collection presents an all-encompassing account of the current status of Islamic finance, accentuating its ethical, technological, and sustainable facets. The work is divided into four distinct parts which encompass the origin and evolution of Islamic finance, the underlying principles of Islamic finance and the primary disparities between Islamic finance and conventional financial systems, as well as the future of Islamic finance. Moreover, the collection explores the assimilation of Islamic finance principles into modern financial systems and the influence of Muslim scholars on present-day economic theories. The work emphasizes the significant contribution of Islamic finance in promoting sustainable development and social prosperity and underscores the incorporation of Islamic finance into the Sustainable Development Goals (SDGs). The work delves into the prospects and obstacles associated with the amalgamation of fintech and digital currencies into the Islamic finance sector and highlights the potential of green and sustainable finance in the digital era. This edited collection is designed for a wide range of professionals encompassing practitioners, policymakers, researchers, and students who are intrigued by the mounting significance of Islamic finance and its potential for the global financial sphere.
Les mer
This exhaustive collection presents an all-encompassing account of the current status of Islamic finance, accentuating its ethical, technological, and sustainable facets.
Chapter 1. A Brief Overview of Islamic Finance: From Madinah Market to Wall Street; Edib Smolo and Mohamed Mahees Raheem Chapter 2. Navigating Modern Economic Challenges: The Islamic Economics Paradigm in Focus; Edib Smolo Chapter 3. Eternality of Islamic Teachings: Adaptability of Islamic Finance Principles; Putri Swastika Chapter 4. Islam and Free-Trade: Contributions of Muslim Scholars to Modern Economic Theories; Edib Smolo Chapter 5. Integrating Islamic Finance into the Sustainable Development Goals (SDGS); Edib Smolo, Irum Saba, Norashikin Ismail, and Ziyaad Mahomed Chapter 6. Achieving Social Wellbeing and Financial Inclusion through Islamic Microfinance: A Case Study of Akhuwat Islamic Microfinance; Abidullah Khan, Syeda Beena Zaidi, Abid Mahmood, and Shabeer Khan Chapter 7. Sustainable Development: Exploring the Role of Islamic Social Finance in Promoting Sustainable Development and Social Welfare; Ziyaad Mahomed and Irum Saba Chapter 8. Promoting Sustainable Development through Islamic Social Finance; Alija Avdukić and Edib Smolo Chapter 9. Sustainable Synergy: The Ethical Imperative of Islamic Banking in Shaping a Responsible Financial Future; Hazik Mohamed Chapter 10. Sustainable Agriculture and Islamic Finance: Cultivating Prosperity and Values; Nor Razinah Mohd. Zain, Oumaima Tounchibine, and Houda Lechheb Chapter 11. Fintech and Islamic Finance: Opportunities and Challenges; Issa Hamadou and Umer Suleman Chapter 12. Digital Currencies and Their Compatibility in the Islamic Finance Industry; Edib Smolo and Ziyaad Mahomed Chapter 13. Islamic Banking and the Fourth Industrial Revolution: The Current Application, Adoption, and Future Challenges of Artificial Intelligence; Syaima Adznan, Soliha Sanusi, Hafizah Omar Zaki, Mohamed Mahees Raheem, and Edib Smolo Chapter 14. Future of Islamic Finance; Sutan Emir Hidayat, Khairunnisa Musari, Siti Masrohatin, and Edib Smolo Chapter 15. Conclusion: Beyond the Horizon; Mohamed Mahees Raheem and Edib Smolo
Les mer

Produktdetaljer

ISBN
9781835499078
Publisert
2024-11-07
Utgiver
Vendor
Emerald Publishing Limited
Vekt
499 gr
Høyde
229 mm
Bredde
152 mm
Dybde
21 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
296

Om bidragsyterne

Edib Smolo is Assistant Professor at College of Business, Effat University, Saudi Arabia.

Mohamed Mahees Raheem is Assistant Professor, Chair of the Accounting and Finance Department, and Director of the Master of Science in Finance program at Effat University, Saudi Arabia.