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Islamic Monetary Economics: Finance and Banking in Contemporary Muslim Economies (Islamic Business and Finance Series) by Taha Eğri (editor), Zeyneb Hafsa Orhan (editor) is a nonfiction available to read on EtoBox.

What is Islamic Monetary Economics: Finance and Banking in Contemporary Muslim Economies (Islamic Business and Finance Series) about?

The existence of fiat currencies has long been cited as one of the major contributing factors to the challenges facing contemporary economies, and the current monetary system is not only a key source of exorable increases in interest rates but also a principal cause of inflation and decline in the value of money in many countries. The editors argue that an Islamic monetary system, with its specific money concepts, interest-free financial institutions, and monetary policy embedded in real growth, provides a solution to this conundrum. Contributions from many world-renowned experts consider a wide array of topics, ranging from the theoretical concepts of money and banking in conventional and Islamic economics to the historical journey of money from precious metals to plastic money and digital currency today. The book outlines the problems that sprout from interest-based banking and multiple debt structures. It then mirrors the Islamic concepts of money as well as idiosyncrasies of its monetary policy. Supported with meticulous research and empirical evidence, the book demonstrates the efficacy of Islamic monetary system in delivering real growth along with equitable distribution of w

Who reads Islamic Monetary Economics: Finance and Banking in Contemporary Muslim Economies (Islamic Business and Finance Series)?

Author

Taha Eğri (editor), Zeyneb Hafsa Orhan (editor)

Publisher

Routledge

Published

2020

Language

EN

ISBN

9780367457730

Category

nonfiction

Subjects

Islam, Business, Economics