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Islamic Banking and Finance: Theoretical and Practical Applications of the Western and Islamic Business, Finance, Investment, Models

Tariq Aziz, Ehtesham Husain Abbasi. Islamic Banking and Finance: Theoretical and Practical Applications of the Western and Islamic Business, Finance, Investment, Models Authors:Tariq Aziz, Ehtesham Husain Abbasi.
Publisher:
Year:2012
Serie:
Pages:88
Sizes:
Price:6721 rub.
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Book Summary:
Western business, banking, and personal investment models focus on obtaining profit and storing wealth through the accumulation of interest, dividend payments, or the sale of negotiable futuresoften linked to individuals or groups that have no vested interest in the success or failure of the investment scheme. Social responsibility or community investment and development take a derived role in the individualistic Western investment model requires complex finance and capital structure equations to obtain the highest return on investment for the individual or organizational shareholders. In addition, because of its lack of a tangible asset base, the Western model is primarily projection driven and subject to the volatility of political instability, changes in taxation policies, and social undercurrents. This cycle is compounded by the expansion of the global economy and the proliferation of economic dependence, labor exploitation, and exportation of domestic economic stability in...

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