Islamic finance: Between alternative model of finance and its critical interpretation

La finance islamique. Entre le modèle alternatif et les critiques

Chaimae Aamoum ()
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Chaimae Aamoum: CRIISEA - Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 - UPJV - Université de Picardie Jules Verne

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Abstract: Following the crises of conventional finance, we witnessed during the twentieth century the birth of the Islamic finance, then its development in 2008. This has caught the attention of the world and researchers in the field of finance. In this work, we attempted to demonstrate the origin of this finance, its principles, its products as well as the fundamentals of the financial doctrine based on Sharia. And finally, we discussed its critical reviews and its limitations while suggesting some solutions to overcome them.

Keywords: Islamic finance; bank interest; financial risk; Islamic financial doctrine; financial crisis (search for similar items in EconPapers)
Date: 2017-12
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Published in MRC Working Papers, 2017, 16, https://mrcenter.info/Doc/WorkingPapers/WP__16_Chaimae%20A.pdf

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03819576

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