A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative
The book Risk Sharing in Finance: The Islamic Finance Alternative (Askari, Iqbal, Krichne and Mirakhor, 2012) seeking to draw the general spirit of the Islamic financial system, explaining its differences with the conventional system (in roots and foundations and also In functions and consequences)...
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| Format: | Article |
| Language: | fas |
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Institute for Humanities and Cultural Studies (IHCS)
2022-07-01
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| Series: | پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی |
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| Online Access: | https://criticalstudy.ihcs.ac.ir/article_7992_d4fe0e3ae350e4524bfb338c06168100.pdf |
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| _version_ | 1841555425523138560 |
|---|---|
| author | Mohammad Soleimani |
| author_facet | Mohammad Soleimani |
| author_sort | Mohammad Soleimani |
| collection | DOAJ |
| description | The book Risk Sharing in Finance: The Islamic Finance Alternative (Askari, Iqbal, Krichne and Mirakhor, 2012) seeking to draw the general spirit of the Islamic financial system, explaining its differences with the conventional system (in roots and foundations and also In functions and consequences) as well as drawing its main building blocks in a deep and fundamental approach. In this book, "risk sharing" is introduced as the central concept of the Islamic financial system. Risk sharing system by linking the real sector to the financial sector, prevents the “financialization” and the occurrence of successive crises; On the other hand, due to the emphasis on risk sharing, it will increase financial inclusion and consequently, the welfare of the community. From the authors' point of view, this system has not been realized yet and the financial system in Islamic countries is far from its ideal situation due to the lack of some institutional prerequisites. In the critical review of the book, there is not much criticism of the main idea, but there are some weaknesses in the processing of some concepts and relations, as well as the explanation of some philosophical foundations, consequences and functions, and the implementation of the ideal Islamic system. |
| format | Article |
| id | doaj-art-edb0ac6573244b81b8a67081ec763a71 |
| institution | Kabale University |
| issn | 2383-1650 |
| language | fas |
| publishDate | 2022-07-01 |
| publisher | Institute for Humanities and Cultural Studies (IHCS) |
| record_format | Article |
| series | پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی |
| spelling | doaj-art-edb0ac6573244b81b8a67081ec763a712025-01-08T05:38:38ZfasInstitute for Humanities and Cultural Studies (IHCS)پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی2383-16502022-07-012258110510.30465/crtls.2022.40221.25267992A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance AlternativeMohammad Soleimani0Assistant Professor, Faculty of Islamic Studies and Economics, Imam Sadiq University (A.S), Tehran, IranThe book Risk Sharing in Finance: The Islamic Finance Alternative (Askari, Iqbal, Krichne and Mirakhor, 2012) seeking to draw the general spirit of the Islamic financial system, explaining its differences with the conventional system (in roots and foundations and also In functions and consequences) as well as drawing its main building blocks in a deep and fundamental approach. In this book, "risk sharing" is introduced as the central concept of the Islamic financial system. Risk sharing system by linking the real sector to the financial sector, prevents the “financialization” and the occurrence of successive crises; On the other hand, due to the emphasis on risk sharing, it will increase financial inclusion and consequently, the welfare of the community. From the authors' point of view, this system has not been realized yet and the financial system in Islamic countries is far from its ideal situation due to the lack of some institutional prerequisites. In the critical review of the book, there is not much criticism of the main idea, but there are some weaknesses in the processing of some concepts and relations, as well as the explanation of some philosophical foundations, consequences and functions, and the implementation of the ideal Islamic system.https://criticalstudy.ihcs.ac.ir/article_7992_d4fe0e3ae350e4524bfb338c06168100.pdfislamic financial systemrisk sharingislamic paradigmfinancial crisistwo-tiered banking |
| spellingShingle | Mohammad Soleimani A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی islamic financial system risk sharing islamic paradigm financial crisis two-tiered banking |
| title | A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative |
| title_full | A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative |
| title_fullStr | A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative |
| title_full_unstemmed | A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative |
| title_short | A Critical Review on the Book Risk Sharing in Finance: The Islamic Finance Alternative |
| title_sort | critical review on the book risk sharing in finance the islamic finance alternative |
| topic | islamic financial system risk sharing islamic paradigm financial crisis two-tiered banking |
| url | https://criticalstudy.ihcs.ac.ir/article_7992_d4fe0e3ae350e4524bfb338c06168100.pdf |
| work_keys_str_mv | AT mohammadsoleimani acriticalreviewonthebookrisksharinginfinancetheislamicfinancealternative AT mohammadsoleimani criticalreviewonthebookrisksharinginfinancetheislamicfinancealternative |