nep-isf New Economics Papers
on Islamic Finance
Issue of 2021‒07‒19
four papers chosen by
Muhammad Mustafa Rashid
University of Detroit Mercy

  1. Book Review of Islamic Economics: Principles and Analysis by Moutaz Abojeib, Mohamed Aslam Haneef, and Mustafa Omar Mohammed (Eds.), Reviewed by: Abdullahi Abubakar Lamido مراجعة كتاب: الاقتصاد الإسلامي: المبادئ والتحليل، للمؤلفين: معتز أبو جيب، محمد أسلم حنيف، ومصطفى عمر محمد (تحرير)، مراجعة: عبدالله أبو بكر لاميدو By Abdullahi Abubakar Lamido
  2. Book Reports عروض كتب By Editorial Board
  3. Banker Attitudes and Perception towards Green Banking: An Empirical Study on Conventional Banks in Bangladesh By Amir, Md. Khaled
  4. Global Strategic Innovations in the Energy Sector. By Rashid, Muhammad Mustafa

  1. By: Abdullahi Abubakar Lamido (PhD Candidate, Department of Economics International Islamic University, Malaysia)
    Abstract: Islamic economics is at an important crossroads. Leading scholars have continued to reassess the journey so far in its development, offering fresh looks into its future directions. At the core of all the debates on the development of Islamic economics lies the need for standard texts that would guide the teaching of the new discipline. Islamic economics: Principles and analysis, published forty-two years after the formal ‘birth’ of the nascent discipline, represents one of the most important steps in that direction. This paper makes a critical review of the book and offers some insights towards its further improvement. The book has succeeded remarkably in summarizing, evaluating, and simplifying the most important materials on the concept, philosophy, principles, methodology, and frontiers of Islamic economics. It details the analysis of such topics as Islamic microeconomics, macroeconomics, economic development, Islamic finance, Islamic social finance, and the challenges and future directions of Islamic economics. It stands unique given its coverage of essential topics, the caliber of scholars that contributed chapters and made reviews, as well as its rigorous editorial process. Even with areas that need improvement, it is envisaged that the book can spark a new wave of convergence towards consensus on some key concepts in Islamic economics. يَقِفُ الاقتصاد الإسلامي عند مفترق طريق مهم. وهذا ما حدا بكبار العلماء والباحثين إلى إعادة تقييم المرحلة لهذا العلم، مع السعي الحثيث إلى تقديم نظرة جديدة لاتجاهات المستقبل. تتمثل القضية الجوهرية في النقاش المتعلق بتطوير الاقتصاد الإسلامي في الحاجة الماسة إلى كتب مرجعية من شأنها الإسهام النوعي الجاد في تدريس هذا الحقل المعرفي الجديد. يُعد كتاب " الاقتصاد الإسلامي: المبادئ والتحليل"، الذي نُشر بعد اثنين وأربعين عامًا من "الولادة" الرسمية للنظام الناشئ، إحدى المُبادرات المُهمة في هذا الاتجاه. تُقَدِّم هذه الورقة مراجعة علمية للكتاب وتستعرض بعض الأفكار من أجل مزيد من التحسين. لقد نجح الكتاب بشكل ملحوظ في تلخيص وتقييم وتبسيط أهم المواد المتعلقة بمفهوم وفلسفة ومبادئ ومنهجية وحدود الاقتصاد الإسلامي، يتضح ذلك من خلال جملة الموضوعات التي يُغطيها الكتاب؛ مثل الاقتصاد الجزئي الإسلامي، والاقتصاد الكلي، والتنمية الاقتصادية، والتمويل الإسلامي، والتمويل الاجتماعي الإسلامي، والتحديات والتوجهات المستقبلية للاقتصاد الإسلامي. والكتاب فريد من نوعه نظرًا لتغطيته للموضوعات الأساسية، ولمكانة ومستوى العلماء والباحثين الذين أسهموا في إعداد فصوله المتنوعة أو قدموا مراجعات، بالإضافة إلى عملية التحرير المهنية. ومع الإقرار بوجود مجالات وموضوعات تحتاج إلى تحسين -كأي جهد بشري-، من المؤمل أن يُسهم الكتاب في إطلاق موجة جديدة من التقارب نحو الإجماع حول بعض المفاهيم الأساسية في الاقتصاد الإسلامي، التي من شأنها أن تكون مفيدة للمتعلم في هذا التخصص الجديد.
    Keywords: Islamic economics, Islamic finance, Principles of Islamic economics. الاقتصاد الإسلامي، التمويل الإسلامي، مبادئ الاقتصاد الإسلامي.
    JEL: A10 A12 A19 D00
    Date: 2021–07
    URL: http://d.repec.org/n?u=RePEc:abd:jkaubr:1776&r=
  2. By: Editorial Board (Islamic Economics Institute King Abdulaziz University, Jeddah, Saudi Arabia)
    Abstract: -- --
    Keywords: -- --
    Date: 2021–07
    URL: http://d.repec.org/n?u=RePEc:abd:jkaubr:1777&r=
  3. By: Amir, Md. Khaled
    Abstract: This research paper intends to evaluate an idea about bankers’ perceptions on green banking by getting a candid opinion from conventional banks’ bankers in Bangladesh based on a quality survey questionnaire covers relevant areas like benefits of green banking, superior officials who serve green banking services, taken eco-friendly initiatives, getting support from proper authorities, safeguarding environment pollution and rewards for adopting green banking. Considering the highest mean score of items in each group, this paper insights about green banking is environment-friendly banking, managers and officers are resourceful, emphasizes on recycling of left-over materials, keeping the environment pollution free, and performs to reduce resource wastages. This paper also finds that support from the government should be getting heightened priority to enhance its performance and area. So it can be easily presumed that green banking already put a great impact on a great portion of the banking industry in Bangladesh so far.
    Keywords: Green banking;Bankers’ Perception;Environment friendly;Carbon emission; Pollution reduction
    JEL: M1
    Date: 2021
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:108460&r=
  4. By: Rashid, Muhammad Mustafa
    Abstract: The energy sector is undergoing a rapid transformation and there are many observable signs as to the rapid development of the industry. Many governments around the world have begun to invest in legislation to incorporate sustainable energy and technologies. Hence, they are able to tap the potential of new technological innovation and energy systems. This paper examines energy innovations globally with a particular focus on Saudi Arabia, Malaysia, Indonesia and China.
    Keywords: Energy Innovation, Saudi Arabia, Malaysia, Indonesia, China
    JEL: Q4
    Date: 2021–03–19
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:108532&r=

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