The Informal Economy and Islamic Finance: The Case of Organisation of Islamic Cooperation Countries

ISBN-13: 9781032360324 / Angielski / Twarda / 2022 / 168 str.

Shabeer Khan

Opis

Investigates Islamic finance’s stance on the informal economy and discusses it from an OIC (Organization of Islamic Cooperation) perspective. Covers the various definitions, historical development, types and determining factors behind the shadow economy and the reasons for people’s preference to join and stay in the informal economy.

Spis treści

1. Overview of the Shadow Economy 2. Shadow Economy and Islamic Finance 3. Main Casual Factors of Shadow Economy 4. Empirical Scholarship on Shadow Economy 5. Theories of Shadow Economy 6. The Model and Empirical Investigation of Shadow Economy 7. Results and Discussion 8. Inferences and Policy Implications

O autorze

Shabeer Khan, PhD, is an assistant professor in the Department of Islamic Economics and Finance at Sakarya University, Turkey. He is a Shariah board member of the Tayyib Advisory UAE and Shariah consultant to KalPay Financial Services, Pakistan, and Muawin, Pakistan. Moreover, he is also a trainer and consultant with ifintel, Malaysia.