| Kodu | 5171 |
| Eserin Orjinal İsmi | Stability in an Interest-free Islamic Economy: A Note |
| Türü | Makale |
| Alan | İktisadi Düşünce |
| Konu(lar) | İstikrar, İslam Ekonomisi |
| Dili | İngilizce |
| Yayın Yılı | 1983 |
| Dergi İsmi | Pakistan Journal of Applied Economics |
| Cilt No | 2 |
| Sayı No | 2 |
| Yayın Yeri | Karachi |
| Sayfa Aralığı | 181-188 |
| Keywords | Stability, Islamic Economy |
| Anahtar Kelimeler | İstikrar, İslam Ekonomisi |
| Açıklama | Examination of S.N.H. Naqvi’s (Ethics and Economics 1981) thesis that an equity—based-Islamic economy would be highly. unstable. Argues that an Islamic economy would be more stable for four reasons; (i) investmenfleads to greater stability than loan-finance; (ii) speculation in an Islamic economy would be considerably reduced; (iii) .in corporate finance, equity-financed corporations are more stable as they do not have to pay fixed interest payments; (iv) that ‘hot’ money movements would not take place in international finance due to small differentials in profits. Points out that Naqvi’s argument proves just the reverse. Holds that a limited liability concept is applicable in case of equity-based finance as well. Analytical. For economists. Based on primary sources. Documented. |
| Bilgilerin Alındığı Kaynak | Bibliografya Kaydı |