Economic development and Islamic finance
Book Description
This comprehensive exploration examines the remarkable intersection of faith-based principles and modern economic systems through the lens of Islamic finance. As traditional financial markets continue to evolve, Zamir Iqbal presents a thorough analysis of how religious values can shape economic development in meaningful ways.
The book delves into the extraordinary growth of Islamic financial assets, which have expanded at rates of 15 to 20 percent annually since 1990, now representing over 1.3 trillion in global value. This impressive expansion reflects a growing desire among individuals and institutions to align their financial practices with their spiritual beliefs and ethical convictions.
Readers will discover how Shariah-compliant financial systems have not only survived but thrived in the modern economy, outpacing conventional financial sectors across multiple market segments including commercial banking and investment during the 2006-2010 period. The work provides valuable insights into how religious principles can guide economic decision-making while maintaining competitive effectiveness.
Through detailed examination of Islamic countries' financial systems and governmental approaches, this 348-page study offers a unique perspective on alternative economic models. Whether you are interested in understanding different cultural approaches to finance, exploring faith-based business practices, or seeking to comprehend how spiritual values can influence economic development, this book provides essential knowledge for navigating the complex relationship between religious conviction and financial prosperity.
Who Is This For?
📖 Reading Level: Medium (200-400 pages) (~10 hours)
📄 Length: 348 pages
What You'll Discover
- ✓ Explore Religious aspects
- ✓ Explore Islamic countries, politics and government
- ✓ Explore Finance
- ✓ Explore Economic development
- ✓ Explore Finanzwirtschaft
- ✓ Explore Wirtschaftsentwicklung
- ✓ Explore Islam
- ✓ Explore Islamische Bank
