1st Edition

The Informal Economy and Islamic Finance The Case of Organisation of Islamic Cooperation Countries

By Shabeer Khan Copyright 2023
152 Pages 23 B/W Illustrations
by Routledge

152 Pages 23 B/W Illustrations
by Routledge

152 Pages 23 B/W Illustrations
by Routledge

The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic Cooperation (OIC) nations. This is one of the first books to investigate Islamic finance’s stance on the... Read more
1. Overview of the Shadow Economy 2. Shadow Economy and Islamic Finance 3. Main Casual Factors of Shadow Economy 4. Empirical Scholarship on Shadow Economy 5. Theories of Shadow Economy 6. The Model and Empirical Investigation of Shadow Economy 7. Results and Discussion 8. Inferences and Policy Implications

Biography

Shabeer Khan, PhD, is an assistant professor in the Department of Islamic Economics and Finance at Sakarya University, Turkey. He is a Shariah board member of the Tayyib Advisory UAE and Shariah consultant to KalPay Financial Services, Pakistan, and Muawin, Pakistan. Moreover, he is also a trainer and consultant with ifintel, Malaysia.