Open Access. Powered by Scholars. Published by Universities.®
Business Law, Public Responsibility, and Ethics Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Business Law, Public Responsibility, and Ethics
Islamic Finance Unit Takes Bank Beyond Michigan Roots, Karen Hunt Ahmed
Islamic Finance Unit Takes Bank Beyond Michigan Roots, Karen Hunt Ahmed
Karen Hunt Ahmed
No abstract provided.
Notre Dame Mendoza Business School Presentation 2008, Karen Ahmed
Notre Dame Mendoza Business School Presentation 2008, Karen Ahmed
Karen Hunt Ahmed
No abstract provided.
Islamic Banking And Finance: Moral Beliefs And Business Practices At Work, Karen Hunt Ahmed
Islamic Banking And Finance: Moral Beliefs And Business Practices At Work, Karen Hunt Ahmed
Karen Hunt Ahmed
The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …