Harmonisation in Islamic finance: reasons and dimensions
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Islamic finance is now at the stage of internationalisation, witnessing greater integration between the Islamic financial industry and the global financial system. Islamic finance has gradually evolved to become a dynamic and competitive form of financial intermediation. The Islamic financial industry has been developing ways to facilitate its interaction and integration into the global financial system. We see Islamic finance attracting the attention of the global audience and transcending religious, political and geographical boundaries. It has the potential to be adopted as an alternative to the global financial system...
Islamic finance , Unification , Standardisation , Convergence , Consolidation
Laldin, M. A., & Furqani, H. (2013). Harmonisation in Islamic finance: reasons and dimensions. ISRA Bulletin, 16, (December 2013), pp. 4-5.