IDEAS home Printed from https://ideas.repec.org/h/pal/psibcp/978-1-137-55342-3_9.html
   My bibliography  Save this book chapter

Markets and the Way Forward

In: Public Finance and Islamic Capital Markets

Author

Listed:
  • Syed Aun R. Rizvi

    (Lahore University of Management Sciences)

  • Obiyathulla I. Bacha

    (International Centre for Education in Islamic Finance (INCEIF))

  • Abbas Mirakhor

    (International Centre for Education in Islamic Finance (INCEIF))

Abstract

This chapter aims to compress our thoughts and discussion in the matter of how public policy managers tend to utilize capital markets through intervention to fulfill economic goals. With capital markets providing in their true nature a risk sharing mode, the role of Islamic finance comes into play, and the proposed macromarket and micromarket instruments can be very beneficial. We also explore some reasons why these kinds of instruments have not yet gained popularity, and how the concerns raised about them can be addressed. On a parting note, we highlight how crucial it is for us to address the concerns of the world economy through risk sharing in order to create a sustainable future.

Suggested Citation

  • Syed Aun R. Rizvi & Obiyathulla I. Bacha & Abbas Mirakhor, 2016. "Markets and the Way Forward," Palgrave Studies in Islamic Banking, Finance and Economics, in: Public Finance and Islamic Capital Markets, chapter 0, pages 173-182, Palgrave Macmillan.
    • Handle: RePEc:pal:psibcp:978-1-137-55342-3_9
    DOI: 10.1057/978-1-137-55342-3_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psibcp:978-1-137-55342-3_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.