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From Financial to Economic Intermediation: Islamic Banking’s Unheard Message

Finance Reconsidered: New Perspectives for a Responsible and Sustainable Finance

ISBN: 978-1-78560-980-0, eISBN: 978-1-78560-979-4

ISSN: 2043-9059

Publication date: 2 September 2016

Abstract

Originality/value

The notion of economic intermediation is introduced to describe the operations of Islamic banks using their instruments in a non-maximising context. This approach should not be restricted to Islamic finance but viewed as the result of a case study advocating for an alternative view of finance favouring socio-economic development.

Keywords

Citation

Chaar, A.-M. (2016), "From Financial to Economic Intermediation: Islamic Banking’s Unheard Message", Finance Reconsidered: New Perspectives for a Responsible and Sustainable Finance (Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 10), Emerald Group Publishing Limited, Bingley, pp. 321-353. https://doi.org/10.1108/S2043-905920160000010033

Publisher

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Emerald Group Publishing Limited

Copyright © 2016 Emerald Group Publishing Limited