Islamic Finance in the Global Economy
By (author): "Ibrahim Warde"
ISBN0748612165
ISBN139780748612161
AsinIslamic Finance in the Global Economy
Original titleIslamic Finance in the Global Economy
During the 1990s, Islamic finance grew at rates exceeding 20 per cent a year. This work explains the paradox of a system rooted in the mediaeval era thriving in the global economy. It traces the evolution of Islamic finance, explores its significance from a historical and comparative perspective, and considers the strategic, marketing, managerial, political, economic, regulatory and cultural challenges faced by Islamic institutions.