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The resilience and stability of the Islamic financial system

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dc.contributor.authorHossein Askari
dc.contributor.authorZamir Iqbal
dc.contributor.authorNoureddine Krichene
dc.contributor.authorAbbas Mirakhor
dc.date.accessioned2016-07-25T17:30:15Z
dc.date.available2016-07-25T17:30:15Z
dc.date.issued2011
dc.description.abstractFinancial instability has been a recurrent phenomenon in contemporary economic history, affecting countries with varying intensity and resulting in massive unemployment and lost economic output. The financial crisis that broke out in August 2007 crippled the financial system of many advanced countries, and claimed as victims long-established banking and investment banking institutions that were deemed “too big too fail.” Capital markets were frozen, leading to stock market crashes worldwide, wiping out trillions of dollars in share values and in retirement investment accounts, and resulting in massive and persistent unemployment.
dc.identifier.citationAskari, H., Iqbal, Z., Krichene, N., & Mirakhor, A. (2011). The resilience and stability of Islamic finance. European Financial Review. Retrieved from http://www.europeanfinancialreview.com/?p=2870
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/1227
dc.languageEnglish
dc.language.isoeng
dc.publisherEuropean Financial Review
dc.rights2011. European Financial Review
dc.sourceCRP
dc.subjectBanking
dc.subjectInsurance
dc.subjectFinancial industry
dc.subjectIslamic finance
dc.subjectMoney
dc.subjectWealth
dc.titleThe resilience and stability of the Islamic financial system
dc.typeIndustry Article
dlc.maintopicIslamic finance
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicIslamic finance
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