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Some writers on Islamic finance have recently resuscitated the old ‘no risk, no gain’ precept from the earlier literature in the wake of 2007-2008 financial crisis. They argue that the basic reason for the recurrence of such crises is the conventional interest-based financial system that...
Persistent link: https://www.econbiz.de/10011201266
Some writers on Islamic finance have recently resuscitated the old ‘no risk, no gain’ precept from the earlier literature in the wake of 2007-2008 financial crisis. They argue that the basic reason for the recurrence of such crises is the conventional interest-based financial system that...
Persistent link: https://www.econbiz.de/10011201270
Some writers on Islamic finance have recently resuscitated the old ‘no risk, no gain’ precept from the earlier literature in the wake of 2007-2008 financial crisis. They argue that the basic reason for the recurrence of such crises is the conventional interest-based financial system that...
Persistent link: https://www.econbiz.de/10011201351
Can economic theory help explain the persistence of a cultural enclave among the Cherokee Indians living in North Carolina during the nineteenth century? To date, Fogelson and Kutsche (1961) and Finger (1984) identify the continuation of a communal, labor-sharing agricultural institution called...
Persistent link: https://www.econbiz.de/10009328136
Some recent writings on Islamic finance have resuscitated the old‘no risk, no gain’ precept from the earlier literature in the wake of current financial crisis. They argue that the basic reason for the recurrence of such crisesis the conventional interest-based financial system that rests...
Persistent link: https://www.econbiz.de/10011111141
Some recent writings on Islamic finance have resuscitated the old ‘no risk, no gain’ precept from the earlier literature in the wake of current financial crisis. They argue that the basic reason for the recurrence of such crises is the conventional interest-based financial system that rests...
Persistent link: https://www.econbiz.de/10011113096