Islamic finance and banking
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This special symposium section of Emerging Markets Finance and Trade is on "Islamic Finance and Banking." Investment in Islamic financial instruments has increased over the years and particularly since the 2008 global financial crisis, when this industry got maximum momentum. This issue of the journal contains seven articles focused on the issues in the Islamic finance industry covering the financial instruments of equity, sukuk, banks, microfinance, fund management, which proliferated recently. The market value of Islamic financial assets is reported to reach around $1.6 trillion in 2013 maintaining a high growth rate from $1.46 trillion in 2012. This rapid growth induced several governments and policy makers in a number of developed and developing economies to identify Islamic financial industry as a key area of investment. The most notable support for investment in Islamic finance came from the address given by the president of the World Bank at the 5th Izmir Economic Congress held in 2013.
Islamic finance , Islamic banking
Mohammed Masih, Abul Mansur. (2017). Islamic finance and banking. Emerging Markets Finance & Trade, 53, pp. 1455-1457.
Taylor & Francis