Risk sharing in finance : the Islamic finance alternative
The financial crisis of 2008 has motivated a number of academics, practitioners and policymakers to question the fundamental stability of the conventional financial system, a system predominantly based on debt financing and leveraging; with the embedded risk that the temptation of leveraging could b...
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| Format: | Book |
| Language: | English |
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Singapore :
John Wiley & Sons (Asia) Pte. Ltd. ,
c2012
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| Series: | Wiley finance series
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Table of Contents:
- 1. A brief history of financial crises and proposed reforms
- 2. Financialization and the decoupling-recoupling hypotheses
- 3. A brief history of risk-sharing finance
- 4. Risk sharing and the Islamic finance paradigm
- 5. Risk sharing in the Islamic financial system: the building blocks
- 6. Risk sharing and vibrant capital markets in Islamic finance
- 7. Portfolio theory and assets pricing
- 8. Complementary role of intermediaries and markets in promoting risk sharing
- 9. Enhanced asses to finance, social welfare, and economic development under a risk-sharing system
- 10. The role of institutions and governance in risk sharing
- 11. Gaps between the theory and practice of Islamic finance
- 12. Concluding remarks