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Palgrave Studies in Islamic Banking, Finance, and Economics

Public Finance and Islamic Capital Markets

Theory and Application

Authors: Rizvi, Syed Aun R., Bacha, Obiyathulla I., Mirakhor, Abbas

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  • Explains empirical and mathematical concepts
    Examines sequentially how fiscal policy impacts economic stability
    Explores how Islamic capital markets share risk

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eBook $59.99
price for USA (gross)
  • ISBN 978-1-137-55342-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-1-137-55341-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $74.99
price for USA
  • ISBN 978-1-349-71635-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book addresses the financing of government budgets with non-debt-creating flows through risk-sharing capital market instruments. It offers a comparative analysis with conventional finance to demonstrate the ability of Islamic capital market instruments to create an impetus for economic stability and growth. Rizvi, Bacha, and Mirakhor guide readers chronologically through the unfolding effects of macroeconomic policy implemented to reduce crippling sovereign debt, increase government financing, and guide governments to the path of economic progress.

About the authors

Syed Aun R. Rizvi is Assistant Professor at Suleman Dawood School of Business at Lahore University of Management Sciences (LUMS), Pakistan.  He is also a Research Affiliate of Centre for Islamic Business and Finance Research (CIBFR) at the University of Nottingham Malaysia Campus. He brings to academia his fund management industry experience and a diverse teaching and research background spanning over three countries. His research focuses on capital markets in Islamic and emerging economies.
Obiyathulla I. Bacha is Professor of Finance at the International Centre for Education in Islamic Finance, Malaysia, and President of the Malaysian Finance Association. He has published extensively in academic journals and has written two textbooks: Islamic Capital Markets (with Abbas Mirakhor) and Financial Derivatives.
Abbas Mirakhor is First Holder of the INCEIF Chair in Islamic Finance at the International Centre for Education in Islamic Finance, Malaysia. He was the Executive Director and Dean of the Executive Board of the International Monetary Fund from 1984 to 2006.

Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-1-137-55342-3
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-1-137-55341-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $74.99
price for USA
  • ISBN 978-1-349-71635-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Public Finance and Islamic Capital Markets
Book Subtitle
Theory and Application
Authors
Series Title
Palgrave Studies in Islamic Banking, Finance, and Economics
Copyright
2016
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-55342-3
DOI
10.1057/978-1-137-55342-3
Hardcover ISBN
978-1-137-55341-6
Softcover ISBN
978-1-349-71635-7
Series ISSN
2662-5121
Edition Number
1
Number of Pages
XIII, 185
Number of Illustrations
6 b/w illustrations, 6 illustrations in colour
Topics