Globalization and Islamic Finance

Globalization and Islamic Finance
By:"Hossein Askari","Zamir Iqbal","Abbas Mirakhor"
Published on 2010 by John Wiley & Sons

This book is the first serious attempt to study the affiliation between the current trend of globalization and the development of Islamic finance. It explores the potential convergence of Islamic and conventional finance as these systems continue their progress in designing and developing better risk-sharing structures and an expanded menu of financial instruments. The authors offer innovative thoughts on the future of Islamic finance in the wake of globalization. References and comparison of the historical financial globalization episode and today's globalization are made. In addition, it also looks into the legal, institutional, governance, and financial preconditions that must exist for globalization and Islamic finance to succeed

This Book was ranked 2 by Google Books for keyword conflict convergence challenges foreign globalized.