Innovation in Islamic finance the way forward

This paper attempts at exploring the process of innovation in modern Islamic finance. It argues that although the practice of replication is working well as far as the Islamic finance industry is concerned, the long term practice will harm the industry. Hence the paper proposes that a paradigm shift...

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Bibliographic Details
Main Author: Hasan, Aznan
Format: Proceeding Paper
Language:English
English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/35468/1/35468_Innovation%20in%20Islamic%20finance%20the%20way%20forward.pdf
http://irep.iium.edu.my/35468/2/AIKOL_2013_JOINT_CONFERENCE_SCHEDULE.pdf