Ariffin, Muhammad Irwan (2016) Heaven’s bankers: inside the hidden world of Islamic finance, by Harris Irfan, The Overlook Press, 2015, xx + 347 pp., ISBN 978-1-4683-1047-4. Amity Journal of Economics, 1 (2). pp. 110-114. ISSN 2455-9733 E-ISSN 2456-155X
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Abstract
Islamic finance started to get the world’s attention as it collides with capitalist interest of profit maximization at the global level. During this time, Harris Irfan was among the early generation of ‘structurers’ who were responsible in designing financial contracts that are appealing to the conventional investors and observe Shariah requirements. Despite having an illustrious beginning, Irfan’s journey into the world of Islamic finance has eventually sparked a puzzle within himself: Is Islamic finance heading towards the right direction? He started to critically evaluate Islamic financial industry by focusing on the legal and moral aspects of Islamic finance based on both the letter and spirit of Islamic law. Irfan managed to share his rich professional experience and personal acquaintance with scholars to expose the false flag of Islamic finance and how it is lurking the harms which it seeks to avoid in the first place.
| Item Type: | Article (Book Review) |
|---|---|
| Additional Information: | 4788/63421 |
| Uncontrolled Keywords: | Heaven’s bankers, Islamic finance, book review |
| Subjects: | H Social Sciences > HB Economic Theory > HB126.4 Islamic Economics H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh |
| Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | Centre for Islamic Economics Kulliyyah of Economics and Management Sciences > Department of Economics |
| Depositing User: | Muhammad Irwan Ariffin |
| Date Deposited: | 26 Apr 2018 10:25 |
| Last Modified: | 26 Apr 2018 10:25 |
| URI: | http://irep.iium.edu.my/id/eprint/63421 |
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