The islamic panacea to global financial predicament:a new financial architecture

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The islamic panacea to global financial predicament:a new financial architecture

The roots of the 2008 global financial crisis that originated in the United States subprime mortgage market are firstly traced to the demand side of financing. Borrower preferences are explained to be based on excessiveness of ownership and spending. Such excessive consumer preferences are matched u...

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Bibliographic Details
Main Author:	Masudul Alam Choudry
Format:	Article
Language:	English
Published:	Institut Islam Hadhari Universiti Kebangsaan Malaysia 2010
Online Access:	http://journalarticle.ukm.my/1428/ http://journalarticle.ukm.my/1428/1/1.pdf

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