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Ethics-based Financial Transactions: An Assessment of Islamic Banking

In: The Foundations of Islamic Banking

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  • Mohamed Ariff

Abstract

After barely half a century of experience, Islamic banking has become established as a niche industry across the world, offering new and sophisticated financial products designed to be compliant with Islamic legal principles and common law. This comprehensive book explores the theory, principles and practices underpinning this rapidly expanding sector of banking.

Suggested Citation

  • Mohamed Ariff, 2011. "Ethics-based Financial Transactions: An Assessment of Islamic Banking," Chapters, in: Mohamed Ariff & Munawar Iqbal (ed.), The Foundations of Islamic Banking, chapter 2, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14217_2
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    References listed on IDEAS

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    1. Lewis, Alan & Cullis, John, 1990. "Ethical investments: Preferences and morality," Journal of Behavioral Economics, Elsevier, vol. 19(4), pages 395-411.
    2. Barro, Robert J, 1979. "Money and the Price Level under the Gold Standard," Economic Journal, Royal Economic Society, vol. 89(353), pages 13-33, March.
    3. Kevin Lang & Peter-John Gordon, 1995. "Partnerships as Insurance Devices: Theory and Evidence," RAND Journal of Economics, The RAND Corporation, vol. 26(4), pages 614-629, Winter.
    4. Mohamed Ariff & Munawar Iqbal (ed.), 2011. "The Foundations of Islamic Banking," Books, Edward Elgar Publishing, number 14217.
    5. Munawar Iqbal & Philip Molyneux, 2005. "Thirty Years of Islamic Banking," Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, number 978-0-230-50322-9, June.
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