New Developments in Islamic Economics: Examples from Southeast Asia

by Asmak Ab Rahman (Author, Editor)

New Developments in Islamic Economics: Examples from Southeast Asia investigates the latest developments in a vibrant and fast-moving area of practical financial and economic study. Primarily focused on Malaysian contexts, while also presenting perspectives from Indonesia and Thailand, this book examines the Asian nations leading the world in the application of Islamic finance.
Case studies analyse and discuss new and emerging issues in Islamic economics, including microtakaful, waqf, social finance and poverty alleviation from an Islamic perspective

Review
Thirteen papers apply the principles of Islamic economics to social finance, Asian business practices, and banking institutions. The contributors, most of whom are affiliated with the University of Malaya in Kuala Lumpur, assess whether household debt management complies with maslahah, the role of infaq in financing higher education, differing opinions on the validity of cash waaf, Islamic insurance products for women, and the Muslim community's understanding of family Takaful in southern Thailand. –Annotation ©2018 Ringgold Inc. Portland, OR (protoview.com)

About the Author
Asmak Ab Rahman is a Senior Lecturer at the Department of Shari'ah and Economics, Academy ofIslamic Studies, at the University of Malaya, Malaysia. Herareas of specialisation include takaful, Islamic economics,Islamic law and waqf. Her work has been published in journals such as the Arab Law Quarterly, Journal of Islamic Marketing, and the International Journal of Islamic and Middle EasternFinance and Management