Islamic Economic and Financial System

Abstract

This chapter elaborates the dimensions and fundamental concepts of the Islamic economy and finance, focusing on Islamic financial institutions and the role of the state. A brief discussion is also presented regarding how Islamic social-public finance intersects with other Islamic financial institutions, such as banks, microfinance institutions, and others. How the relationship between sectors influences the efficiency and effectiveness of the Islamic social-public sectors, as well as the implications, is also discussed in this part.

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