REVIEW.ARTICLE : ISLAMIC BANKS AS IMPEREALISM’S NATURAL

Authors

  • Javed A.Ansari

Abstract

The September 11 counter attacks an America have created something of a crisis for Islamic finance. The Bush administration had expressed misgivings about the involvement of Islamic banks in financing resistance operations in America and several unsuccessful lawsuits have been brought against leading Islamic financiers. Islamic banks have been insisting that they have played no part in financing the Islamic resistance to American dominance of the Muslim world. Islamic banks seek to present themselves as institutions, which can facilitate the subordinate integration of Muslim economies to American capitalism.

References

Lewis M and L Algoud (2002) Islamic Banking Cheltnam Edward Elger

Mills P. and J Presly (1999) Islamic Finance: Theory and Practice London Macmillan

Rodinson. M (1969) Islam and Capitalism Harmondsworth Allen Lane

Warde.I (2000) Islamic Finance in the Global Economy Edinborough University Press

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Published

2016-06-26

Issue

Vol. 1 No. 4 (2006): Market Forces Research Journal Volume 1 No 4

Section

Articles

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