Making the Tunisian resurgence
Other Title(s)
خلق النهضة التونسية
Author
Joint Authors
Source
Journal of King Abdulaziz University : Islamic Economics
Issue
Vol. 33, Issue 1 (31 Jan. 2020), pp.135-141, 7 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2020-01-31
Country of Publication
Saudi Arabia
No. of Pages
7
Main Subjects
Abstract EN
The economies of the Arab countries are generally projected to have shown not much inclusive economic growth, especially since the second half of the twentieth century.
Keeping in view the state of underdevelopment in their economies, several Arab countries had embarked on economic and financial reforms in collaboration with international financial institutions, such as the IMF and the World Bank, in order to overcome their economic difficulties.
This book review article sheds light on how the Arab Spring of 2011 resulted in income and wealth inequalities, weak investments, and growing unemployment in Tunisia.
The book under review, Making the Tunisian Resurgence, by Mahmoud Sami Nabi, raises theoretical as well as practical debate on the possibility of applying Islamic modes of financing in the present-day Tunisian economy.
While highlighting the economic ideas of Ibn Khaldun, the author presents a new alternative to the capitalistic economic model at the practical front and defends at a good length the application of equity finance, Islamic bonds, ṣukūk, crowdfunding, and trade finance, with special focus on the role of participatory banks (Islamic banks), zakāh and waqf so as to access the potential of coupling cooperatives and microfinance in generating jobs for youth in the country.
American Psychological Association (APA)
Nabi, Mahmud Sami& Khan, Javed Ahmad. 2020. Making the Tunisian resurgence. Journal of King Abdulaziz University : Islamic Economics،Vol. 33, no. 1, pp.135-141.
https://search.emarefa.net/detail/BIM-1282448
Modern Language Association (MLA)
Nabi, Mahmud Sami& Khan, Javed Ahmad. Making the Tunisian resurgence. Journal of King Abdulaziz University : Islamic Economics Vol. 33, no. 1 (Jan. 2020), pp.135-141.
https://search.emarefa.net/detail/BIM-1282448
American Medical Association (AMA)
Nabi, Mahmud Sami& Khan, Javed Ahmad. Making the Tunisian resurgence. Journal of King Abdulaziz University : Islamic Economics. 2020. Vol. 33, no. 1, pp.135-141.
https://search.emarefa.net/detail/BIM-1282448
Data Type
Journal Articles
Language
English
Notes
Record ID
BIM-1282448