1st Edition

The Islamic Economic System Cultural Context in a Global Economy

190 Pages 16 B/W Illustrations
by Routledge

190 Pages 16 B/W Illustrations
by Routledge

190 Pages 16 B/W Illustrations
by Routledge

Islamic Economics refers to financial aspects or monetary activities and processes, which adhere to Islamic standards and teachings. The Islamic Economic System relates to the hypothetical development of an economy whose individuals follow the Islamic faith. This book presents an interesting and timely narrative of the concepts of Islamic economics in the context of Islamic culture. Its purpose... Read more

Introduction: Foundations of Islamic Economics 1. The Evolution of Islamic Fintech and Artificial Intelligence (AI) in Islamic Economics  2.The Relationship between Islamic Corporate Governance and Islamic Economics and Its Impact on Economic Matters 3. Distribution of Wealth in Islam 4. Islamic Transactions and Governance Principles 5. Islamic Social Finance with Incorporation of Islamic Fintech and Islamic Corporate Governance 6. Comparative Economic System 7. Islamic Approach to Contemporary Economic Problems 8. Islamic Economics Practices in the Banking Industry 9. Islamic Economic System: Behavioral Norms and Moral Foundation 10. Understanding Market Structure in Islamic Framework 11.The Islamic Economic System in Non-OIC & OIC Countries: Case Studies

Biography

Muhammad Awais is Associate Professor and Head of the Economics & Finance Department at Foundation University School of Science and Technology, Pakistan.

Ali Osman Öztürk is Rector at Hitit University, Turkey.

Omar Khalid Bhatti is Associate Professor of Management at Istanbul Medipol University, Turkey.

Nazima Ellahi is Associate Professor of Economics & Finance at Foundation University Islamabad, Pakistan.