Tenth Harvard University Forum on Islamic Finance Project Publication

Islamic Finance and Development

Cambridge, Massachusetts : Harvard Law School, ILSP, Islamic Finance Project, 2014, 317p.
ISBN 0970283598

Editor
S. Nazim Ali

Associate Editors
Umar Oseni
Shariq Nisar


Table of Contents

Preface / S. Nazim Ali
Introduction / S. Nazim Ali


Part I – Islamic Finance, Financial Inclusion, and Economic Development

Islamic Finance and Economic Development / Volker Nienhaus
The Role of Islamic Finance in Development / Neil D. Miller
Finance and Development in Islam / Rasem N. Kayed and M. Kabir Hassan
Financial Inclusion: The Islamic Finance Perspective / Zamir Iqbal and Abbas Mirakhor


Part II – Ethical Financing and Global Economic Development

Toward a New Socio-Legal Framework for Faith-Based and Socially Responsible Investment / Umar A. Oseni
Performance of Values Driven and Profit Seeking Investment Strategies / Vaishnavi Bhatt, Sajjad Shah, and Jahangir Sultan
Hybrid Sukuk SMES: Financing the Real Economy Through Ethical Principles / Anass Patel
Capitalism and iCritics / Seamus Finn


Part III – Case Studies: Islamic Finance and Grassroots-Oriented Development

Relevance of Islamic Finance to the Nigerian Economy: The Regulatory Challenges / Is-haq O. Oloyede and Abdulqadir Ibrahim Abikan
Products and Infrastructure – Saudi Arabian Achievements and Ambitions – A Glance at the Past and Future / Craig R. Nethercott
Ethnographic Approaches to Understanding Client Versus Institutions Priorities for Islamic Microfinance in Bangladesh / Bridget Kustin


Arabic Glossary of Terms
Bibliography
Guide to Contributors
Index