Islamic Finance. : Overview and Policy Concerns.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Business cycles.

Business ethics.

Interest rates.

Physical Description:

1 online resource (10 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2010.

System Details:

text file

Summary:

Provides background on Islamic finance, based on principles of shariah, or "Islamic law," that includes a ban on interest and uncertainty, adherence to risksharing and profit-sharing, promotion of ethical investments that enhance society, and asset-backing. Reviews regulation of Islamic finance; addresses trends in Islamic finance, in light of global financial crisis, geographic expansion, and development of Islamic financial products; and discusses trends in Islamic capital market securities or bonds known as Sukuk. Examines Islamic finance in the U.S. and U.S. policy interests.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress.Congressional Research Service. Islamic Finance

Access Restriction:

Restricted for use by site license.