Islamic Finance : History and Development in Australia | Zendy

Rasheda Khanam | Zendy; Mohammad Mafizur Rahman | Zendy; Mohamed Rosli Mohamed Sain | Zendy

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Islamic Finance : History and Development in Australia

Author(s) -

Rasheda Khanam,

Mohammad Mafizur Rahman,

Mohamed Rosli Mohamed Sain

Publication year - 2014

Publication title -

journal of islamic economics banking and finance

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.177

H-Index - 2

eISSN - 2070-4666

pISSN - 2070-4658

DOI - 10.12816/0025954

Subject(s) - islamic finance , islam , islamic banking , finance , accounting , business , economics , geography , archaeology

This paper attempts to explain the necessity of Islamic Finance and its expansion worldwide as an alternative financial system. The different aspects of Islamic Finance are also carefully discussed. The method employed in this study is a mixture of direct observation from the legal and regulatory perspectives, literature reviews and the authors' personal experience and association with this industry. Examining the above, this paper finally discusses the history, development and current issues of Islamic Finance in Australia.

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