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Islamic finance has been growing faster than conventional finance for most of the past decade. It has done this on a model of finance that rejects interest and promotes profit sharing. How is this possible? Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law.
Author(s): Vicary Abdullah, Daud • Chee, Keon
Publisher: Marshall Cavendish Editions
Pub. Date: 2013
pages: 344
Language: English
ISBN: 978-981-4408-22-6
eISBN: 978-981-4516-82-2
Edition: 2
Islamic finance has been growing faster than conventional finance for most of the past decade. It has done this on a model of finance that rejects interest and promotes profit sharing. How is this possible? Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law.