Read While You Wait - Get immediate ebook access, if available*, when you order a print book

Palgrave Studies in Islamic Banking, Finance, and Economics

Enhancing Financial Inclusion through Islamic Finance, Volume I

Editors: Elzahi Saaid Ali, Abdelrahman, Ali, Khalifa Mohamed, Khaleequzzaman, Muhammad (Eds.)

Free Preview
  • Provides a clear analysis of Islamic finance as a vehicle for social inclusion and improving access to financial inclusion
  • Tackles challenges such as gender, income and wealth inequality in relation to access to finance
  • Combines empirical evidence, theory and modelling to demonstrate how Islamic microfinance can be used to improve financial inclusion
see more benefits

Buy this book

eBook $109.00
price for USA
  • ISBN 978-3-030-39935-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA
  • ISBN 978-3-030-39934-4
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
About this book

This book, the first of two volumes, highlights the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth.

Gender disparity exists within financial access and its extent varies widely across world economies. South Asia, the Middle East and North Africa have the largest gender gaps, with women in these regions being forty per cent less likely than men to have a formal account at a financial institution. Analysing how Islamic financial inclusion can empower individuals, this volume explores the contribution of Islamic microfinance in achieving SDGs and solving income and wealth inequality. Comprising a combination of empirical evidence, theory and modelling, this edited collection illustrates how to improve access to finance, making it essential reading for those researching both Islamic finance and development finance.

About the authors

Abdelrahman Elzahi Saaid Ali is a Senior Economist at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB). Before joining IRTI, he was Associate Professor of Economics at Sudan University of Science and Technology. Abdelrahman has written and edited a number of academic publications including Revitalization of Waqf for Socio-Economic Development (Palgrave, 2019).

Khalifa Mohamed Ali is a Senior Economist at IRTI. Before this, he was Associate Professor of Economics at the United Arab Emirates University and taught economics at Iowa State University, USA. Khalifa is the Editor of the Arabic edition of Islamic Economic Studies, one of IRTI's flagship publications, and has published extensively in the area of Islamic finance.

Muhammad Khaleequzzaman studied Economics at the University of Illinois at Urbana‐Champaign, USA, and Islamic Banking and Finance at the International Islamic University Islamabad, Pakistan. Muhammad is a certified Islamic banker from the State Bank of Pakistan.


Table of contents (11 chapters)

Table of contents (11 chapters)
  • Introduction

    Pages 3-12

    Elzahi Saaid Ali, Abdelrahman (et al.)

  • Empowering the Poor and Enhancing Financial Inclusion from a Multidimensional Perspective

    Pages 13-38

    Mohamed, Hazik

  • Causes of Income and Wealth Inequalities: Perspectives of Economists from the Fields of Conventional and Islamic Economics

    Pages 39-50

    Ejaz, Muhammad Imran

  • Contribution of Islamic Microfinance Studies in Achieving Sustainable Development Goals

    Pages 51-79

    Mukhlisin, Murniati (et al.)

  • Islamic Finance and Its Impact on Financial Inclusion

    Pages 81-90

    Msellek, Wissal

Buy this book

eBook $109.00
price for USA
  • ISBN 978-3-030-39935-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA
  • ISBN 978-3-030-39934-4
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.

Services for this book

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Enhancing Financial Inclusion through Islamic Finance, Volume I
Editors
  • Abdelrahman Elzahi Saaid Ali
  • Khalifa Mohamed Ali
  • Muhammad Khaleequzzaman
Series Title
Palgrave Studies in Islamic Banking, Finance, and Economics
Copyright
2020
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
eBook ISBN
978-3-030-39935-1
DOI
10.1007/978-3-030-39935-1
Hardcover ISBN
978-3-030-39934-4
Series ISSN
2662-5121
Edition Number
1
Number of Pages
XXII, 245
Number of Illustrations
48 b/w illustrations
Topics

*immediately available upon purchase as print book shipments may be delayed due to the COVID-19 crisis. ebook access is temporary and does not include ownership of the ebook. Only valid for books with an ebook version. Springer Reference Works and instructor copies are not included.