Islamic capitalism and finance : origins, evolution and the future / Murat Çizakça.

Format:

Book

Author/Creator:

Çizakça, Murat.

Series:

Studies in Islamic finance, accounting and governance

Language:

English

Subjects (All):

Finance--Religious aspects--Islam.

Finance.

Capitalism--Religious aspects--Islam.

Capitalism.

Finance (Islamic law).

Economic conditions.

Islamic countries--Economic conditions.

Islamic countries.

Physical Description:

xxxiii, 323 pages : illustrations ; 24 cm.

Place of Publication:

Cheltenham, UK ; Northampton, MA : Edward Elgar, [2011]

Summary:

,Cizak,ca (comparative economic history and Islamic finance, the Global U. of Islamic Finance, Malaysia) wonders whether the economic system that has served Muslims well for centuries might provide an alternative to Western capitalism, which is showing signs of weakness. For that question even to be addressed seriously, he says, that system must be understood beyond Islam. He discusses such issues as whether a system that predated Adam Smith by a thousand years can be called capitalist, what principles it is founded on, what institutions have grown from those principles, how they have functioned, and whether they can be adapted to the modern world. Among his topics are two approaches to Islamic economics and finance, the evolution of medieval Islamic business partnerships in the Islamic world and the West, voluntary redistribution of wealth, borrowing from the public, and democracy and the modern Islamic capitalism. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com)

Contents:

Value systems behind institutions

Historical institutions of private enterprise : capital accumulation

Historical institutions of capital redistribution and public finance

Islamic capitalism and finance today

Future of Islamic capitalism and finance.

Notes:

Includes bibliographical references (pages 301-316) and index.

ISBN:

0857931474

9780857931474

OCLC:

720168247