Ethical Dimensions in Islamic Finance: The Way Forward

Authors

  • Abdul Hamid Mohamad

DOI:

https://doi.org/10.52282/icr.v4i1.499

Abstract

At a seminar organised by the Securities Commission about two years ago on the financial crisis in the West, I asked a professor from Australia whether the crisis was a result of the system itself, or of the abuse of the system. He replied, “Abuse.” Then I said, “Well, if it is abuse, then abuse may also happen in the Islamic system.” He agreed, but argued that there was a difference because the Islamic system is faith-based.

 

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Published

2013-01-15

How to Cite

Mohamad, Abdul Hamid. 2013. “Ethical Dimensions in Islamic Finance: The Way Forward”. ICR Journal 4 (1):141-42. https://doi.org/10.52282/icr.v4i1.499.

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