The validity of the current financial regime has been in question since the 2007 global financial crisis exposed its vulnerabilities that stem from high leveraging, a complex system of transactions and instruments, and a disconnect between the real and financial sector. The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future (Wiley 2010) develops an analytical case for the inherent stability of an Islamic financial system, a system that is based on equity financing and risk sharing.

AUTHOR/EDITORS: Hossein Askari, Zamir Iqbal, Noureddine Krichene & Abbas Mirakhor
PUBLISHER: John Wiley & Sons (Asia) Pte Ltd
ISBN: 978-0-470-82519-8