1st Edition

Islamic Monetary Economics Finance and Banking in Contemporary Muslim Economies

Edited By Taha Eğri, Zeyneb Hafsa Orhan Copyright 2021
256 Pages 39 B/W Illustrations
by Routledge

256 Pages 39 B/W Illustrations
by Routledge

256 Pages 39 B/W Illustrations
by Routledge

  The existence of fiat currencies has long been cited as one of the major contributing factors to the challenges facing contemporary economies, and the current monetary system is not only a key source of exorable increases in interest rates but also a principal cause of inflation and decline in the value of money in many countries. The editors argue that an Islamic monetary system, with its... Read more

List of figures

List of tables

Preface

List of contributors

  1. The Islamic Macroeconomic Model: How to Apply It?
  2. Mabid Ali Al-Jarhi

  3. Monetary Economics and Monetary Policy in Islamic Perspective: Focus on Contemporary Muslim Economies Aiming at Making their Economies Islamic.
  4. M. Fahim Khan and Zohra Jabeen

  5. Economic Analysis of Islamic Monetary Framework and Instruments.
  6. Salman Ahmed Shaikh and M. Kabir Hassan

  7. Re-Examining Monetary and Financial Stability in a Modern Economy: Evidence from Turkey and Malaysia.
  8. Adam Abdullah

  9. The Impact of External Shocks on the Dynamics of Macroeconomic Variables in Iran (Islamic Versus Conventional Monetary Rule)
  10. Zahra Afshari, Maryam Soleimani Movahed

  11. The Problems with Fractional Reserve Banking and Proposing a Shariah Compliant Full Reserve Banking Model.
  12. Ömer Faruk Tekdoğan, Mehmet Saraç

  13. Monetary Policy and Islamic Banking: Key Challenges.
  14. Sajjad Zaheer

  15. Impacts of Monetary Policy on Credit Supply of Islamic Banks: An Empirical Study of Pakistan versus Malaysia.
  16. Syed Muhammad Abdul Rehman Shah and Abdul Rashid

  17. Cryptocurrencies from the Perspective of Islamic Economics: Discussions and Opportunities.
  18. Mücahit Özdemir, Zeyneb Hafsa Orhan and Hüseyin Burgazoğlu

  19. Contemporary Debates in Islamic Monetary Economics: A Retrospective Look.

Ahsan Shafiq

Index

Biography

 

Taha Eğri, PhD, is currently a research fellow at Kırklareli University, Turkey. He completed his BA at Bogazici University, Turkey, and obtained his MA and PhD degrees at Istanbul University, Turkey. He was a visiting scholar at George Mason University, USA, between 2014 and 2016. His primary research areas are institutional economics and international political economy. He is currently focusing on MENA countries’ economic policies, military-economic relations and Islamic economics. He is Director of the Research Center for Islamic Economics (IKAM), Istanbul, and the editor of two peer-reviewed journals.

Zeyneb Hafsa Orhan, PhD, received her undergraduate degree on economics from Bahcesehir University, Turkey, and her master’s degree on international and European relations from Linköpings University, Sweden. Finally, she obtained her PhD degree on economics (with a thesis specializing in Islamic banks) from the International University of Sarajevo, Bosnia. After over eight years of international experience, she has been working at Istanbul Sabahattin Zaim University since the beginning of 2015. Currently she is an assistant professor in the Islamic Economics and Finance Department. Her current research areas include Islamic economics and finance, finance, and banking.