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Variety of Models for Introducing Islamic Finance into National Law تعدد نماذج استيعاب التمويل الإسلامي في القانون الوطني

In: Lectures in Islamic Economics and Finance, Selected From Wednesday Seminars-06 محاضرات في الاقتصاد والتمويل الإسلامي - مختارة من حوارات الأربعاء -6

Author

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  • Abderrazak Belabes

    (Islamic Economics Institute King Abdulaziz University, Jeddah, Saudi Arabia)

Abstract

The present paper highlights the variety of legal models for welcoming Islamic finance in different countries. This modeling breaks the symmetry between the conventional, the dual and the Islamic regimes put forward by the economic literature, and emphasizes some relationships and interactions which sometimes lead to backtracking. Thus, there is no valid universal model for all countries. The welcoming of Islamic finance tends to take place in stages in a concerted manner that best meets the specific characteristics of each country. تسلط هذه الورقة الضوء على تنوع النماذج القانونية لاستيعاب التمويل الإسلامي في دول مختلفة. وتتجاوز النمذجة المقترحة التقسيم التقليدي المتداول في الأدبيات الاقتصادية الذي يفصل بين النظام المصرفي التقليدي والمزدوج والإسلامي وتؤكد على العلاقات والتفاعلات التي تؤدي في بعض الأحيان إلى تراجعات في تأطير النشاط المصرفي الإسلامي؛ وبالتالي، لا يوجد نموذج محدد صالح لجميع البلدان. وفي النهاية يتضح أن استيعاب التمويل الإسلامي في القانون الوطني يمر بمراحل ويتم بطريقة منسقة تتلائم مع خصائص كل بلد.

Suggested Citation

  • Abderrazak Belabes, 2011. "Variety of Models for Introducing Islamic Finance into National Law تعدد نماذج استيعاب التمويل الإسلامي في القانون الوطني," Chapters of books published by the Islamic Economics Institute, KAAU or its faculty members., in: Islamic Economics Institute (ed.),Lectures in Islamic Economics and Finance, Selected From Wednesday Seminars-06 محاضرات في الاقتصاد والتمويل الإسلامي - مختارة من حوارات الأربعاء -6, edition 0, chapter 1, pages 275-290, King Abdulaziz University, Islamic Economics Institute..
    • Handle: RePEc:abd:ieibch:699
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    References listed on IDEAS

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    1. M. Kabir Hassan & Mervyn K. Lewis, 2007. "Islamic Banking: An Introduction and Overview," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook of Islamic Banking, chapter 1, Edward Elgar Publishing.
    2. Elisabetta Iossa & David Martimort & Jérôme Pouyet, 2008. "Partenariats public-privé. Quelques réflexions," Revue économique, Presses de Sciences-Po, vol. 59(3), pages 437-449.
    3. M. Kabir Hassan & Mervyn K. Lewis (ed.), 2007. "Handbook of Islamic Banking," Books, Edward Elgar Publishing, number 3621.
    4. Mervyn K. Lewis, 2007. "Comparing Islamic and Christian Attitudes to Usury," Chapters, in: M. Kabir Hassan & Mervyn K. Lewis (ed.), Handbook of Islamic Banking, chapter 5, Edward Elgar Publishing.
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