Islamic View on Capital Allocation

M. Kabir Hassan, Salman Ahmed Shaikh () and Selim Kayhan

Chapter 2 in Introduction to Islamic Banking and Finance:An Economic Analysis, 2020, pp 23-40 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:Islamic View on Interest as Price of CapitalCritical Analysis of Arguments in Favour of InterestFlow of Funds in the Islamic Capital MarketIslamic Banking for Short-Term Financing and InvestmentsIslamic Banks in the Islamic Economic FrameworkConclusionSelf-Assessment QuizSelf-Assessment QuestionsAppendix A.1: Effects of Zakat on Wealth Redistribution

Keywords: Islamic Banking; Islamic Finance; Participation Banking; Ethical Banking; Interest Free Banking; Socially Responsible Investments; Impact Investments (search for similar items in EconPapers)
JEL-codes: F3 G15 G21 (search for similar items in EconPapers)
Date: 2020
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