Islamic finance: the new normal
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Islamic finance refers to a financial system that operates in accordance with Islamic laws (Shari'ah). It started off initially with a modest objective to meet the demands for Islamic financial services in Muslim majority countries. It has grown multifold, fostering trade and business activities as well as promoting development of credit. This introductory chapter serves as a preliminary backdrop on the general overview of Islamic finance and its progressive development; a lead up to the chapters that follow. The historical context of Islamic finance is first presented and followed by the principles of Islamic finance, a synopsis of issues and challenges faced by the industry...
Islamic finance , General overview , Historical context , Issues and challenges
Abdul Hamid, B., & Ali, M. (2017). Islamic finance: the new normal. In Baharom Abdul Hamid, Mansor H. Ibrahim & Sazalina Kamarudin (Eds.), Islamic finance: the new normal (pp. 1-10). Kuala Lumpur, Malaysia: RAM Holdings Berhad.
RAM Holdings Berhad