Islamic Finance and Conventional Finance: A Comparative Study

The succession of financial crises has demonstrated the fragility of the current financial system throughout the world. A system characterized by debt that is sometimes excessive, risky, and the greed of certain financial players. As a result, researchers have mobilized to find relevant alternatives, likely to offer solutions to the flaws of the current conventional system. Among the various scientific currents which have tackled this problem, one distinguishes the works which were inspired by the principles of the Islamic religion. This branch of modern economics aims to make a rich contribution to global finance, by establishing a conceptual and practical framework for participatory finance. This communication aims to present a part of the theoretical study of my research subject, relating to the implementation of a multi-criteria investment process, for a relevant choice of financial portfolios made up of assets listed on the Casablanca stock exchange, and which conform to the investment principles of Islamic Shari'ah.

Autorentext

Essaghir Anas, investigador de doctorado en la Universidad Hassan I de Settat-Marruecos, y afiliado al laboratorio de estudios de Finanzas, Contabilidad y Gestión. Poseedor de una Maestría en Gestión Financiera y Contabilidad, y una Maestría especializada en Análisis y Auditoría Financiera. Actualmente Consultor de Gestión de Riesgos en EY Paris.