Islamic Finance Alternatives for Emerging Economies

Turkey could be considered the most important and leading Islamic country that has implemented the Western economic model successfully mostly because of the modernization efforts since late Ottoman period. As a result of the secularization efforts in the field of economy in early republican era, Muslim people in the country had to deal with non-Islamic practices that contradict with their religious beliefs. Islamic Finance Alternatives for Emerging Economies analyzes the emergence of the Islamic financial institutions in Turkey, by taking into account their history, their operational model, and their legal regulations in the financial field, to discuss the future of Islamic finance. The contributors also consider the ability of Islamic financial institutions and tools to respond to the financial needs of Muslims.

Autorentext
Ferda Yerdelen Tato?lu, Istanbul University, Turkey Bilgehan Y?ld?z, Portland State University, USA Rubaa Saleh, unaffiliated

Zusammenfassung
Islamic Finance Alternatives for Emerging Economies analyzes the emergence of the Islamic financial institutions in Turkey, by taking into account their history, their operational model, and their legal regulations in the financial field, to discuss the future of Islamic finance.

Inhalt

1. The First Step towards Islamic Finance: Separation of the Secularism and Islamic Agenda; Murat Ustao?lu and Ahmet ?ncekara 2. The Notions of Islamic Economics and Finance in Global Era; Rubaa SALEH, Murat Ustao?lu 3. Basic Terminology in Islamic Finance and Turkish Perspective; Bilgehan Yildiz, Murat Ustao?lu 4. Modeling Islamic Finance and Inclusive Growth for Emerging Markets: Evidence from Turkey and Malaysia; Ahmet ?ncekara, Ferda Yerdelen Tato?lu, Murat Ustao?lu