Social capital and risk sharing: an Islamic finance paradigm
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This title fills an important gap in finance literature, It presents a vision of a socio-economic framework discernible from the Qur'an and explores the consequences of compliance with the rules of this framework. By integrating distributive justice, rules of behavior, stock market development, economic-growth, and social finance under a common theme, the authors argue that social capital is necessary to unite the ideals of Islamic socio-economic welfare with the present realities of the Islamic finance industry.
Islamic capitalism , Social capital (Sociology) , Risk , Islamic finance
Ng, A. B. K., Mirakhor, A., & Ibrahim, M. H. (2015). Social capital and risk sharing: an Islamic finance paradigm. New York, NY: Palgrave Macmillan.