Islamic Microeconomics

This book bridges the gap between Islamic and conventional (micro)economics by demonstrating how modern tools and theories of microeconomics can be applied to Islamic assumptions regarding economics and finance.

Autorentext

Lukman Hanif Arbi is an academic at the University of Indonesia (UI), Faculty of Business and Economics. Prior to joining UI, he taught at LaTrobe University, Melbourne, Australia, and Institut Teknologi Bandung, Bandung, Indonesia. He specializes in applying microeconomics to Islamic economics and finance.

M. Ishaq Bhatti is a professor of Finance at UBD School of Business & Economics, University of Brunei Darussalam. Prior to joining UBD, he was a professor of Finance and Financial Data Analytics at SP Jain School of Global Management and professor of Finance and Financial Econometrics and the founding director of the Islamic Banking and Finance Programme at LaTrobe University, Australia.

Inhalt

1. Introduction 2. Decision-Making by Islamic Economic Agents 3. Islamic Consumer Behavior 4. Elements of Contract Theory 5. Islamic Financial Contracts 6. Issues in IFS Financial Engineering and Markets 7. Applications of Our Approach to IFSs 8. Closing Remarks