Sovereign Wealth Funds and Islamic Finance

Renaud Bouchard

Revue d'Économie Financière, 2009, vol. 9, issue 1, 233-239

Abstract: [eng] Sovereign wealth funds (SWFs) and Islamic finance have become an increasingly popular subject in recent years. SWFs are state-run investment funds that most governments use to carry our purchases of foreign assets. A fundamental shift in global finance and investment power from West to East, in particular to the Middle East and other Asian countries, has thrown the SWFs and their links with Islamic finance into full glare of the world spotlight amid surge of GCC SWFs, successfully bridging the gap left by investment banks as the global crisis deepened from concerns over liquidity to solvency and to outright bank failure. We offer two tracks : Islamic finance as a new paradigm on the one hand, and as a transitional system of economic action, on the second hand. . JEL Classification : F30, G29

Date: 2009
Note: DOI:10.3406/ecofi.2009.5510
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.3406/ecofi.2009.5510 (text/html)
https://www.persee.fr/doc/ecofi_1767-4603_2009_hos_9_1_5510 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prs:recofi:ecofi_1767-4603_2009_hos_9_1_5510

Access Statistics for this article

Revue d'Économie Financière is currently edited by Association d'Économie Financière

More articles in Revue d'Économie Financière from Programme National Persée
Bibliographic data for series maintained by Equipe PERSEE ().