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European crises and Islamic solutions

Alqawasmeh, Feras and Abdiaided, Fuad and Fatah, Abubaker and Kayadibi, Saim (2011) European crises and Islamic solutions. In: The Principal of Currency Value System and Islam Banking and Finance. IIUM Press, Kuala Lumpur, pp. 127-153. ISBN 978-967-418-118-5

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Abstract

It is a reality that European countries have been experiencing a very difficult financial clises that make their economy collapsible . After spending long time of analyzing, the Europe countries economy , scholars have found that one of most challengeable factors that led to have such CI1ses is applying the capitalism economy system which they finally realized that it is unjust system .After testing the Islamic economy and Islamic banking system , European scholars declared that it is the most fair and suitable system for all people . From this point, we got excited to research about the issues that related to the above matter. We have divided our research for five main issues .The first is to propose about the capitalism as a concept and its negative effects on the society as whole, and explaining its weaknesses as well . Then we move towards the causes of financial cI1ses in Europe and how they are dealing with financial transactions. After that, we clarify the consequences of financial crises and how the financial crises are proposed by the Islamic perspective

Item Type: Book Chapter
Additional Information: 6485/20529
Uncontrolled Keywords: European, economic crises, Islamic, solutions
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User: Assoc. Prof. Dr. Saim Kayadibi
Date Deposited: 12 Oct 2012 20:29
Last Modified: 06 Nov 2012 18:34
URI: http://irep.iium.edu.my/id/eprint/20529

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