Reforming the Methodology of Product Development in Islamic Finance

Editora:

KS OmniScriptum Publishing

Código:

491_9783659546426

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The current methodology of product development in Islamic finance has failed to reflect the productive nature of Islamic economics. This is evidenced by a number of current products being substantially undistinguishable from their conventional counterparts according to the commonly-held views. This study discusses the reform needed to the existing methodology of product development in order to structure genuinely Shariah-compliant products which reflects the spirit of the Shariah, with a special emphasis on the role of Fiqh.

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