The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study

The purpose of the current study is to identify the consequences of the current global financial crisis on the Islamic banking system, Further; this study seeks to reveal flexibility and stability factors enjoyed by the Islamic financial institutions in coping with such crisis. In addition to find o...

Full description

Bibliographic Details
Main Authors: Seif Obeid Al-Shbiel, Hamzah Hussein Almawali, Raed Suleiman Al-Fageer
Format: Article
Language:English
Published: Universitas Sebelas Maret 2017-02-01
Series:Jurnal Akuntansi dan Bisnis
Online Access:https://jab.fe.uns.ac.id/index.php/jab/article/view/109
id doaj-a8e9010fae1540ad8cf1ae5e4cc62fc6
record_format Article
spelling doaj-a8e9010fae1540ad8cf1ae5e4cc62fc62020-11-25T03:12:26ZengUniversitas Sebelas MaretJurnal Akuntansi dan Bisnis1412-08522580-54442017-02-0110110.20961/jab.v10i1.109104The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical StudySeif Obeid Al-ShbielHamzah Hussein AlmawaliRaed Suleiman Al-FageerThe purpose of the current study is to identify the consequences of the current global financial crisis on the Islamic banking system, Further; this study seeks to reveal flexibility and stability factors enjoyed by the Islamic financial institutions in coping with such crisis. In addition to find out the substantial causes, reside behind the present crisis as represented by artificial and malpractices of the non-Islamic banks. Finally, the conclusion from the current study supports that the Islamic financial system is capable to minimize the aftermath of the recent financial crisis by getting rid of key weaknesses inherent in the traditional system.https://jab.fe.uns.ac.id/index.php/jab/article/view/109
collection DOAJ
language English
format Article
sources DOAJ
author Seif Obeid Al-Shbiel
Hamzah Hussein Almawali
Raed Suleiman Al-Fageer
spellingShingle Seif Obeid Al-Shbiel
Hamzah Hussein Almawali
Raed Suleiman Al-Fageer
The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
Jurnal Akuntansi dan Bisnis
author_facet Seif Obeid Al-Shbiel
Hamzah Hussein Almawali
Raed Suleiman Al-Fageer
author_sort Seif Obeid Al-Shbiel
title The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
title_short The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
title_full The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
title_fullStr The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
title_full_unstemmed The Global Financial Crisis from The Perspective of Islamic Law and Economic Theory: Analytical Empirical Study
title_sort global financial crisis from the perspective of islamic law and economic theory: analytical empirical study
publisher Universitas Sebelas Maret
series Jurnal Akuntansi dan Bisnis
issn 1412-0852
2580-5444
publishDate 2017-02-01
description The purpose of the current study is to identify the consequences of the current global financial crisis on the Islamic banking system, Further; this study seeks to reveal flexibility and stability factors enjoyed by the Islamic financial institutions in coping with such crisis. In addition to find out the substantial causes, reside behind the present crisis as represented by artificial and malpractices of the non-Islamic banks. Finally, the conclusion from the current study supports that the Islamic financial system is capable to minimize the aftermath of the recent financial crisis by getting rid of key weaknesses inherent in the traditional system.
url https://jab.fe.uns.ac.id/index.php/jab/article/view/109
work_keys_str_mv AT seifobeidalshbiel theglobalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
AT hamzahhusseinalmawali theglobalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
AT raedsuleimanalfageer theglobalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
AT seifobeidalshbiel globalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
AT hamzahhusseinalmawali globalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
AT raedsuleimanalfageer globalfinancialcrisisfromtheperspectiveofislamiclawandeconomictheoryanalyticalempiricalstudy
_version_ 1724650388860174336