IDEAS home Printed from https://ideas.repec.org/p/upa/wpaper/0004.html
   My bibliography  Save this paper

Topical issues related to the formation of the Islamic financial system: at the intersection of philosophy and practice

Author

Listed:
  • Magomet Yandiev

    (Department of Economics, Lomonosov Moscow State University)

Abstract

The so-called Islamic finance is an intensively developing segment of the world finance. It puts a great amount of not so much practical but complex theoretical questions to the financial regulator and professional participants of financial markets. In search of answers financial analytics have to use some philosophical tools of scientific analysis and decision-making. Just a question to illustrate the problem: At what level (protein, cell, DNA, molecule, atom, proton, etc.) does pork cease to be meat tabooed for Muslims and become a biological material that may be used?

Suggested Citation

  • Magomet Yandiev, 2013. "Topical issues related to the formation of the Islamic financial system: at the intersection of philosophy and practice," Working Papers 0004, Moscow State University, Faculty of Economics.
  • Handle: RePEc:upa:wpaper:0004
    as

    Download full text from publisher

    File URL: https://www.econ.msu.ru/sys/raw.php?o=24148&p=attachment
    File Function: First version, 2013
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Islamic finance; Islamic banking; riba; gharar; maisir;
    All these keywords.

    JEL classification:

    • F29 - International Economics - - International Factor Movements and International Business - - - Other
    • F30 - International Economics - - International Finance - - - General
    • G00 - Financial Economics - - General - - - General
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

    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:upa:wpaper:0004. 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: Gregory Kalyagin (email available below). General contact details of provider: https://edirc.repec.org/data/femsuru.html .

    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.