Economic development and Islamic finance
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Author
Publication
2013 - The World Bank Group, Washington, D.C, District of Columbia
Language
English
Word Count
87,000 words, Guess
Page Count
348 pages
Identifiers
- Open LibraryOL31138250M
- ISBN-139780821399538
- OCLC Control Number841198183
- Library of Congress Control Number2013013763
Classifications
- DDC332.0917/67
- LCCHG187.4 .E26 2013
- LCCHG187.4.E26 2013
Description
Over the last three decades, the concepts of Islamic finance and Islamic economics have captured the attention of researchers. The growing market for transactions compatible with Islamic law (Shari-áh) is further evidence of growing interest in this mode of finance. By some estimates, the total volume of Islamic financial assets has grown by 15 to 20 percent a year since 1990 and now exceeds 1.3 trillion. The growth of the Islamic financial sector in 2006-10 period surpassed the growth of conventional financial sector in all segments of the market, ranging from commercial banking, investment.
Subjects
Series Statement
- Directions in development finance
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