IDEAS home Printed from https://ideas.repec.org/p/abd/jkaubr/535.html
   My bibliography  Save this paper

Book Review: Jurisprudence of the Islamic Financial Engineering: Foundation and Practical Study, by: Murdi Al-Enazi, Reviewed by: Abderrazak Said Belabes مراجعة علمية لكتاب: فقه الهندسة المالية الإسلامية: دراسة تأصيلية تطبيقية - تأليف: مرضي مشوّح العنزي - مراجعة: عبدالرزاق سعيد بلعباس

Author

Listed:
  • Abderrazak Said Belabes

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

Abstract

Financial engineering is considered one of the hottest topics that attract the attention of researchers in Islamic finance. In this context, Murdi al-Anzi prepared a Ph.D. thesis at Qassim University in order to establish a foundation for the topic according to Islamic law on the basis of some products used in the Islamic financial industry. The book review concludes several results, notably: the awareness of the non-neutrality of means, the rigor in the use of the concept of innovation, and overcoming the elitist view which holds that financial solutions are the prerogative of financial engineers. The book review recommends the preparation of two survey studies: The developments concerning the research on financial engineering in the light of the financial crisis, and the writings about Islamic financial engineering in English and French. تُعدُّ الهندسة الماليّة من الموضوعات الساخنة التي تجلب اهتمام الباحثين في التمويل الإسلامي. في هذا الإطار أعدّ مرضي العنزي أطروحة دكتوراه بجامعة القصيم لتأصيل الموضوع بناء على بعض المنتجات المتداولة في الصناعة المالية الإسلامية. وتخلص المراجعة العلمية إلى نتائج عدّة، من أبرزها: الوعي بعدم حيادية الوسائل، وضبط مصطلح الابتكار، وتجاوز النظرة النخبوية التي ترى أن الحلول المالية هي من اختصاص المهندسين الماليين. وتوصي المراجعة العلمية بضرورة إعداد دراستين مسحيتين: تتناول أولاهما مستجدات البحث العلمي في الهندسة المالية في ضوء الأزمة المالية العالمية، والثانية الكتابات عن الهندسة المالية الإسلامية باللغتين الإنجليزية والفرنسية.

Suggested Citation

  • Abderrazak Said Belabes, 2016. "Book Review: Jurisprudence of the Islamic Financial Engineering: Foundation and Practical Study, by: Murdi Al-Enazi, Reviewed by: Abderrazak Said Belabes مراجعة علمية لكتاب: فقه الهندسة المالية الإسلا," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 535, King Abdulaziz University, Islamic Economics Institute..
  • Handle: RePEc:abd:jkaubr:535
    DOI: 10.4197/Islec.29-3.12
    as

    Download full text from publisher

    File URL: https://iei.kau.edu.sa/Files/121/Files/157788_29-03-12-Belabes.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Vincent Karim Bontems, 2014. "What does Innovation stand for? Review of a watchword in research policies," Journal of Innovation Economics, De Boeck Université, vol. 0(3), pages 39-57.
    2. Rogério Sobreira, 2004. "Innovation financière et investissement.. Le cas de la titrisation," Innovations, De Boeck Université, vol. 19(1), pages 115-129.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Islamic finance; financial engineering; innovation. التمويل الإسلامي، الهندسة المالية، الابتكار.;

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Y3 - Miscellaneous Categories - - Book Reviews
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:abd:jkaubr:535. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (King Abdulaziz University, Islamic Economics Institute.). General contact details of provider: http://edirc.repec.org/data/cikausa.html .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.