Full Description
This open access book serves to spur further development of Islamic economic and financial concepts and practices, particularly in terms of Islamic social-public finance and Islamic monetary policy support. The book has a number of objectives across different aspects. From an academic perspective, the book aims to foster frontier thinking and concepts that advance scientific ideas and teaching materials relating to the Islamic financial system, particularly the role of Islamic social-public finance and Islamic monetary economics. From a policy perspective, the book explores and develops discussions that support public policy innovation, thereby providing comprehensive understanding of policy theories and practices in the Islamic financial system. From a practical perspective, the book is expected to contribute by increasing knowledge and understanding concerning the application and scope of the Islamic economic system. This will confer various benefits to the readers.
Contents
1. Introduction.- 2. Islamic Economic and Financial System.- 3. Philosophical Foundation and Underlying Principles of Islamic Finance.- 4. Basic Theory of Islamic Social-Public Finance.- 5. Economic Implications of Islamic Social-Public Finance.- 6. Islamic Social-Public Finance Practices During Early Islam.- 7. Islamic Social-Public Finance Practices in Various Countries.- 8. Islamic Monetary Economic Thought.- 9. Basic Theory of Money In Islam- 10. Inflation, Exchange Rates and Interest Rates.- 11. Investment, Finance and Monetary Policy.- 12. Islamic Monetary Policy Practices.- 13. Realising Inclusive Welfare: Lessons Learned.
