Islamic finance : retrospective view and perspectives over the world
Joint Authors
Tibi, Ghaliyah Bin Yahya
Belazil, Fayizah
Source
Journal of Advanced Economic Research
Issue
Vol. 7, Issue 2 (30 Sep. 2022), pp.637-663, 27 p.
Publisher
University of Eloued Faculty of Economics Commercial and Management Sciences
Publication Date
2022-09-30
Country of Publication
Algeria
No. of Pages
27
Main Subjects
Economy and Commerce
Islamic Studies
Topics
Abstract EN
Despite the difficult economic conditions caused by covid 19 and the volatility of oil prices and volumes, the total worth of the global Islamic financial industry increased to an estimated USD 2.
70 trillion in 2020 (from USD 2.
44 trillion in 2019).
The global Islamic financial industry sustained its growth momentum in 2020, recording a growth rate of 10.
7% year-on-year based on significant improvement, especially in the Islamic banking and Islamic capital markets segment.
This paper provides recent updates on the trends and developments, as well as insights on the soundness and resilience of various sectors, in the global Islamic financial industry.
Therefore, we gave the example of countries that have integrated Islamic finance into their banking system while demonstrating the good results of this mode of finance.
We also discussed the global development of the sukuk market and its evolution.
Finally, we have tried to present the conditions and prospects for the development of this rapidly growing industry in the international financial market.
American Psychological Association (APA)
Belazil, Fayizah& Tibi, Ghaliyah Bin Yahya. 2022. Islamic finance : retrospective view and perspectives over the world. Journal of Advanced Economic Research،Vol. 7, no. 2, pp.637-663.
https://search.emarefa.net/detail/BIM-1416723
Modern Language Association (MLA)
Belazil, Fayizah& Tibi, Ghaliyah Bin Yahya. Islamic finance : retrospective view and perspectives over the world. Journal of Advanced Economic Research Vol. 7, no. 2 (Sep. 2022), pp.637-663.
https://search.emarefa.net/detail/BIM-1416723
American Medical Association (AMA)
Belazil, Fayizah& Tibi, Ghaliyah Bin Yahya. Islamic finance : retrospective view and perspectives over the world. Journal of Advanced Economic Research. 2022. Vol. 7, no. 2, pp.637-663.
https://search.emarefa.net/detail/BIM-1416723
Data Type
Journal Articles
Language
English
Notes
Includes margin notes : p. 662-663
Record ID
BIM-1416723