Development of Islamic finance in Europe and North America : opportunities and challenges

Author

al-Harbi, Ahmad

Source

International Journal of Islamic Economics and Finance Studies

Issue

Vol. 2, Issue 3 (30 Nov. 2016), pp.109-136, 28 p.

Publisher

Centre of Political Economical and Social Research

Publication Date

2016-11-30

Country of Publication

Turkey

No. of Pages

28

Main Subjects

Religion

Abstract EN

The aim of this paper is to shade a light on the development of Islamic finance industry in the west.

It is observed that Islamic finance industry in the west traced back to the late 1970s and the main reason behind the interest of western countries in Islamic finance is economical.

However, there are regulatory, legal, knowledge and social obstacles facing Islamic finance industry in the west.

These matters must be resolved to allow Islamic finance industry to flourish in western countries.

American Psychological Association (APA)

al-Harbi, Ahmad. 2016. Development of Islamic finance in Europe and North America : opportunities and challenges. International Journal of Islamic Economics and Finance Studies،Vol. 2, no. 3, pp.109-136.
https://search.emarefa.net/detail/BIM-786280

Modern Language Association (MLA)

al-Harbi, Ahmad. Development of Islamic finance in Europe and North America : opportunities and challenges. International Journal of Islamic Economics and Finance Studies Vol. 2, no. 3 (Nov. 2016), pp.109-136.
https://search.emarefa.net/detail/BIM-786280

American Medical Association (AMA)

al-Harbi, Ahmad. Development of Islamic finance in Europe and North America : opportunities and challenges. International Journal of Islamic Economics and Finance Studies. 2016. Vol. 2, no. 3, pp.109-136.
https://search.emarefa.net/detail/BIM-786280

Data Type

Journal Articles

Language

English

Notes

Includes in-text citations.

Record ID

BIM-786280