The Gold Standard Anchored in Islamic Finance
Askari and Krichene provide a comprehensive background for recent international financial crises rapid expansion of interest-bearing debt and monetary expansion though the fractional reserve banking system. In this context, the authors provide an analysis
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Ashraf Mishrif Senior Lecturer in Political Economy Institute of Middle Eastern Studies King’s College London
This series explores the nature of Middle Eastern political regimes and their approaches to economic development. In light of the region’s distinctive political, social, and economic structures and the dramatic changes that took place in the wake of the Arab Spring, this series puts forward a critical body of high-quality, research-based scholarship that reflects current political and economic transitions across the Middle East. It offers original research and new insights on the causes and consequences of the Arab uprisings; economic reforms and liberalization; political institutions and governance; regional and subregional integration arrangements; foreign trade and investment; political economy of energy, water, and food security; finance and Islamic finance; and the politics of welfare, labor market, and human development. Other themes of interest include the role of the private sector in economic development, economic diversification, entrepreneurship, and innovation; state-business relationships; and the capacity of regimes and public institutions to lead the development process. Published by Palgrave Macmillan: The Gold Standard Anchored in Islamic Finance By Hossein Askari and Noureddine Krichene Exporting Peace: EU’s Trade-Peace Dichotomy in Iraq and Iran 1979–2009 By Amir M. Kamel (forthcoming)
Selected Recent Publications The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future, Foreword by Sir Andrew Crockett; Hossein Askari, Zamir Iqbal, Noureddine Krichene, and Abbas Mirakhor (2010) Islam and the Path to Human and Economic Development, Foreword by Ali Allawi; Abbas Mirakhor, and Hossein Askari (2010) Risk Sharing in Finance: The Islamic Finance Alternative, Hossein Askari, Zamir Iqbal, Noureddine Krichene, and Abbas Mirakhor (2011) Conflicts and Wars: Their Fallout and Prevention, Foreword by George Akerlof; Hossein Askari (2012) Islamic Capital Markets: Theory and Practice, Noureddine Krichene (2013) Collaborative Colonialism: The Political Economy of Oil in the Persian Gulf, Foreword by Robert Looney; Hossein Askari (2013)
The Gold Standard Anchored in Islamic Finance
Hossein Askari and Noureddine Krichene
THE GOLD STANDARD ANCHORED IN ISLAMIC FINANCE
Copyright © Hossein Askari and Noureddine Krichene, 2014. Softcover reprint of the hardcover 1st edition 2014 All rights reserved. First published in 2014 by PALGRAVE MACMILLAN® in the United States— a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Where this book is distributed in the UK, Europe and the rest of the world, this is by Palgrave Macmillan, a division of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks
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