Hostname: page-component-cd9895bd7-hc48f Total loading time: 0 Render date: 2024-12-30T20:38:10.109Z Has data issue: false hasContentIssue false
  • English
  • Français

Islamic Finance – An Overview

Published online by Cambridge University Press:  17 February 2009

Natalie Schoon
Get access

Abstract

One of the areas of the financial industry that appears to be the least harmed by the current market turmoil is the Islamic finance industry. Generally, it is accepted that the history of Islamic finance started in the early 1960s, but is that really where it all began? This article shows that Islamic finance has a much longer history than expected and is applying similar principles as debated by the Greek philosophers as well as early theologians. In addition, the main product types such as partnership contracts, predictable return products, leasing and investment certificates are explained.

Keywords

Islamic financehistory of finance
Type
Article
Information
European Business Organization Law Review (EBOR) , Volume 9 , Issue 4 , December 2008 , pp. 621 - 635
Copyright
Copyright © T.M.C. Asser Press and the Authors 2008

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)