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Islamic Banking and Finance as an Ethical Alternative: A Systemic Literature Review

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dc.contributor.author Pesendorfer, Johanna
dc.contributor.author Lehner, Othmar
dc.date.accessioned 2019-02-25T15:31:22Z
dc.date.available 2019-02-25T15:31:22Z
dc.date.issued 2016 en_US
dc.identifier.uri https://hdl.handle.net/10535/10420
dc.description.abstract "Despite huge global growth rates and a rapidly increasing importance of Islamic banking and finance, research in this area still needs to be classified as nascent. Recent economic events have led to an increasingly critical attitude towards the conventional banking and finance system, whereas Islamic banking is considered to be an ethical alternative not only in Muslim economies but also progressively in the 'western' world. As their business models have their origins in religious and ethical ideals, Islamic banks struggle to observe the foundational Shariah principles while simultaneously meeting applicable guidelines such as Basel III and flexibly adapt to the ever changing customer demands. Due to the increasing importance of Islamic banking and finance, this article aims to analyse and summarise various aspects of current research and sets out to identify both, congruence and inconsistencies between the implied promise of an 'ethical' alternative and the actual market." en_US
dc.language English en_US
dc.subject Islam en_US
dc.subject banking and finance en_US
dc.subject sustainability en_US
dc.subject ethics en_US
dc.subject literature review en_US
dc.subject.classification Islamic banking en_US
dc.title Islamic Banking and Finance as an Ethical Alternative: A Systemic Literature Review en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Literature Review en_US
dc.publisher.workingpaperseries University of Oxford, Said Business School en_US
dc.subject.sector Information & Knowledge en_US
dc.identifier.citationjournal ACRN Oxford Journal of Finance and Risk Perspectives en_US
dc.identifier.citationvolume 5.2 en_US
dc.identifier.citationpages 42-64 en_US

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