Makale İktisadi Düşünce 1983

Stability in an Interest-free Islamic Economy: A Note

  • 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