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Moving beyond rhetoric: Can Islamic banking become mainstream in Pakistan

Turkish Economic Review

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Title Moving beyond rhetoric: Can Islamic banking become mainstream in Pakistan
 
Creator MAMOON, Dawood; University of Management and Technology C-II, Johar Town, 54770 Lahore, Pakistan
 
Subject Islamic banking; Capitalism; Islamic economics; Interest rates.
E50; E52; E60.
 
Description Abstract. Challenging economic theory that is developed at micro level is a common practice among macro-economic behaviors of conventional economic system. In this context the paper analyses Islamic banking that tries to bring an interest free financial system. The paper explains the circumstances that may lead to a universal application of Islamic banking in Pakistan. This is done after presenting a detailed discussion on the rational for conventional banking. Keywords. Islamic banking, Capitalism, Islamic economics, Interest rates.JEL. E50, E52, E60.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor
 
Date 2017-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/1459
10.1453/ter.v4i4.1459
 
Source Turkish Economic Review; Vol 4, No 4 (2017): December; 414-418
Turkish Economic Review; Vol 4, No 4 (2017): December; 414-418
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/1459/1481
 
Rights Copyright (c) 2018 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0