La finance islamique à la croisée des chemins

Olivier Pastré and Krassimira Gecheva

Revue d'Économie Financière, 2008, vol. 92, issue 2, 197-213

Abstract: [eng] Islamic finance at a crossroads . Though Islamic finance is becoming the latest fashion in state-of-the-art research in economics, it is still quite a riddle to the uninitiated, and even amongst experts it is sometimes misconstrued. This survey of the history and the latest developments in Islamic Finance aims to assess its real place in a globalized financial system, to set straight several misconceptions, and to highlight some essential facts. Islamic finance is fundamentally heterogeneous and, even though it has its specificities, there are numerous « points of convergence » between « conventional » and Islamic finance. On the verge of reaching a critical mass, Islamic financial institutions are still facing some important problems and their future will depend on their capacity to take up these challenges. . JEL classification : G20, O53 [fre] Cet article analyse un phénomène nouveau mais, en réalité, encore assez peu connu et souvent mal compris : la finance islamique. Une mise en perspective historique permet d’esquisser la véritable ampleur du phénomène et de mettre en exergue sa nature profondément hétérogène. Une analyse plus poussée met également en lumière de multiples points de convergence entre la finance islamique et la finance dite « conventionnelle ». Cet exercice permet aux auteurs de faire la part entre les faux débats et les vrais défis que lance la finance islamique à l’ensemble de la communauté financière. . Classification JEL : G20, O53

Date: 2008
Note: DOI:10.3406/ecofi.2008.5092
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