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In recent years, Turkey has witnessed a new form of corporate finance in which companies, commonly called 'Islamic', borrow directly from lenders without using any financial intermediaries. Trust among lenders and borrowers has initiated market exchange, secured deals and lowered transaction...
Persistent link: https://www.econbiz.de/10015171022
The elimination of interest from financial transactions has been a salient goal of Islamization movements around the world. Its proponents have had to balance this objective, which they claim to draw from Islamic law (sharia), against consumer demand for convenient products. In general they have...
Persistent link: https://www.econbiz.de/10010510715
Persistent link: https://www.econbiz.de/10011567869
Islamic economics (IE) assumes an altruistic economic agent who spends his income not only on himself but also on others through charity. Since this behavioral norm is attributed only to Muslims, this implicitly means that the giving behavior of Muslims is different from others. This study aims...
Persistent link: https://www.econbiz.de/10012901083