6. Key Considerations in Developing an Islamic Financial System

  1. Hossein Askari,
  2. Zamir Iqbal and
  3. Abbas Mirakhor

Published Online: 22 MAR 2012

DOI: 10.1002/9781118390467.ch6

Globalization and Islamic Finance: Convergence, Prospects, and Challenges

Globalization and Islamic Finance: Convergence, Prospects, and Challenges

How to Cite

Askari, H., Iqbal, Z. and Mirakhor, A. (2009) Key Considerations in Developing an Islamic Financial System, in Globalization and Islamic Finance: Convergence, Prospects, and Challenges, John Wiley & Sons (Asia) Pte. Ltd., 2 Clementi Loop, #02-01, Singapore 129809. doi: 10.1002/9781118390467.ch6

Publication History

  1. Published Online: 22 MAR 2012
  2. Published Print: 14 DEC 2009

ISBN Information

Print ISBN: 9780470823491

Online ISBN: 9781118390467

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Keywords:

  • Islamic financial system;
  • conventional financial system;
  • Islamic financial practice;
  • policy recommendations;
  • convergence

Summary

This chapter contains sections titled:

  • Lessons from the Conventional Financial System

  • Gaps in the Islamic Financial System and its Practice

  • Policy Recommendations

  • Concluding Remarks