Macroeconomic Policy and Islamic Finance in Malaysia

• Main Authors: Othman, Azura (Author), Mat Sari, Norhanim (Author), Alhabshi, Syed Othman (Author), Mirakhor, Abbas (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2017.
• Series: Financial Institutions, Reforms, and Policies in Muslim Countries
• Subjects: Finance.; Asia > Economic conditions.; Islamic Finance.; Political Economy/Economic Policy.; Asian Economics.

This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency...

Table of Contents:

• 1. Introduction
• 2. Risk Transfer, Risk Sharing, and Islamic Finance
• 3. Macroeconomic Policies and Risk Transfer
• 4. Islamic Finance, Risk Sharing, and Macroeconomic Policies
• 5. The History of Islamic Finance in Malaysia
• 6. Fiscal Policy and Islamic Finance: Malaysia
• 7. Monetary Policy and Islamic Finance: Malaysia
• 8. Policy Recommendations
• 9. Concluding Remarks.