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The Resource Macroeconomic policy and Islamic finance in Malaysia

Macroeconomic policy and Islamic finance in Malaysia

Label
Macroeconomic policy and Islamic finance in Malaysia
Title
Macroeconomic policy and Islamic finance in Malaysia
Creator
Subject
Language
eng
Summary
This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the rationale, principles and history of Islamic finance. It analyses specific development of Islamic finance in Malaysia from the point of view of macroeconomic, monetary, and fiscal policy. The book also explores the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion
http://library.link/vocab/creatorName
  • Othman, A
  • Mat Sari, N
  • Othman Alhabshi, S
  • Mirakhor, A
Geographic coverage
Asia
Index
no index present
Language note
English
Literary form
non fiction
Series statement
Financial institutions, reforms, and policies in Muslim countries
http://library.link/vocab/subjectName
  • Islamic finance
  • tax policy
  • risk
  • monetary policy
Label
Macroeconomic policy and Islamic finance in Malaysia
Instantiates
Publication
Extent
xxiii, 293 p.
Isbn
9781137537232
Label
Macroeconomic policy and Islamic finance in Malaysia
Publication
Extent
xxiii, 293 p.
Isbn
9781137537232

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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