Title Challenges in economic and financial policy formulation : an islamic perspective / Hossein Askari, Zamir Iqbal, Abbas Mirakhor

Published New York, NY ; Basingstoke : Palgrave Macmillan, [2014]

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Description 1 online resource Series Palgrave studies in Islamic banking, finance, and economics Palgrave studies in Islamic banking, finance, and economics. Contents Introduction : the significance of policy -- Institutional perspective of Islamic economics -- Economic and social justice : a policy objective in Islam -- Risk sharing finance and the role of public policy -- Lessons from financial crisis : a policy failure? -- Financial and capital market policies -- Fiscal and monetary policy in Islam -- Developing social capital -- Financial inclusion : implications for public policy -- Environmental and natural resource policies in Islam -- Benchmarking Islamic finance enabling policies -- Policy challenges : building institutions Summary The Islamic financial industry is growing rapidly. There are a number of foundational elements that are still developing, with macroeconomic policy goals and instruments, and policy formulation in the public sector at the forefront. Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system. The authors discuss the characteristics, logic, objectives, organizing principles, policies and policy instruments in an economic system structured on the foundational teachings of Islam. This exciting new volume addresses the design and implementation of policies in Muslim countries and outlines the all-important question of policy objectives designed and implemented to convert the conventional system into Islamic economic and financial systems as envisaged in the Quran Bibliography Includes bibliographical references and index Notes Print version record Subject Islam -- Economic aspects. Economics -- Islamic countries -- Religious aspects Finance -- Islamic countries Finance -- Religious aspects -- Islam. Islam. Economics. Islam. economics. BUSINESS & ECONOMICS -- Economics -- General. BUSINESS & ECONOMICS -- Reference. Economic policy Economics -- Religious aspects Finance Finance -- Religious aspects -- Islam Islam -- Economic aspects SUBJECT Islamic countries -- Economic policy Subject Islamic countries Form Electronic book Author Iqbal, Zamir, author Mirakhor, Abbas, author ISBN 9781137381996 113738199X 1322966656 9781322966656 1349482633 9781349482634

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