The Islamic Finance

The Islamic Finance

4.11 - 1251 ratings - Source

This work analyzes whether in recent years Islamic financial developments apply globally, for example to Germany. The author is interested in the reality of Islamic finance and its potential existence in non-Muslim environments. In much of the extant literature, studies consider a theoretical model such as: a€œThe stability of Islamic financea€. The authors in these studies tend to focus on global Islamic banks. In the present study, the Author wants to examine the situation for a specific non-Muslim country like Germany. The second focus is to find out whether there is a relationship between the number of Muslims in Germany and the need for Islamic financial products. A detailed view of market entry and critical key indicators are analysed. The current laws and their handling by Islamic banks will additionally be examined. To complete this research, a comparison with a country with more real market experiences in the field of Islamic finance, such as Turkey, will be undertaken. Are there certain Islamic, Jewish, Christian Practices and Aims for Business? With this background, starting from the year 2000, the author observed and investigated economics sources. Here, the concrete issue of Islamic finance became more and more compelling. The development of Islamic finance in recent decades is characterized by increasing, worldwide market share. With the most recent crisis of 2008, Islamic finance strengthened its global attention. This was due to profit increases throughout the period of crisis.2.2. Research Questions After first examining the various sources, we felt the need for a clear description of the main advantages of Islamic finance for Muslims in Germany. Are there differences for Muslim customers in their choice of financialanbsp;...

Title:The Islamic Finance
Author:Mehmet Cosgun
Publisher:GRIN Verlag - 2014-11-25


You Must CONTINUE and create a free account to access unlimited downloads & streaming