000801219 000__ 03487cam\a2200553K\\4500 000801219 001__ 801219 000801219 005__ 20230306143622.0 000801219 006__ m\\\\\o\\d\\\\\\\\ 000801219 007__ cr\un\nnnunnun 000801219 008__ 171017s2017\\\\nyu\\\\\o\\\\\000\0\eng\d 000801219 019__ $$a1005978649$$a1006806693$$a1012277517 000801219 020__ $$a9781137531599$$q(electronic book) 000801219 020__ $$a1137531592$$q(electronic book) 000801219 020__ $$z9781137537232 000801219 020__ $$z113753723X 000801219 0247_ $$a10.1057/978-1-137-53159-9$$2doi 000801219 035__ $$aSP(OCoLC)on1006473092 000801219 035__ $$aSP(OCoLC)1006473092$$z(OCoLC)1005978649$$z(OCoLC)1006806693$$z(OCoLC)1012277517 000801219 040__ $$aYDX$$beng$$cYDX$$dN$T$$dEBLCP$$dN$T$$dOCLCF$$dFIE$$dUAB 000801219 043__ $$aa-my--- 000801219 049__ $$aISEA 000801219 050_4 $$aHG3300.6.A6 000801219 08204 $$a332.109595 000801219 1001_ $$aOthman, Azura,$$eauthor. 000801219 24510 $$aMacroeconomic policy and Islamic finance in Malaysia /$$cAzura Othman, Norhanim Mat Sari, Syed Othman Alhabshi, Abbas Mirakhor. 000801219 260__ $$aNew York, NY :$$bPalgrave Macmillan,$$c2017. 000801219 300__ $$a1 online resource 000801219 336__ $$atext$$btxt$$2rdacontent 000801219 337__ $$acomputer$$bc$$2rdamedia 000801219 338__ $$aonline resource$$bcr$$2rdacarrier 000801219 347__ $$atext file$$bPDF$$2rda 000801219 4901_ $$aFinancial Institutions, Reforms, and Policies in Muslim Countries 000801219 504__ $$aIncludes bibliographical references and index. 000801219 506__ $$aAccess limited to authorized users. 000801219 520__ $$aThis book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency and justice in wealth distribution. This book explores these criticisms and discusses the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion. The book will be of interest to students, policymakers, financial institutions, researchers, ministries of finance, central banks, securities commissions, and anyone interested in alternative economic paradigms.--$$cProvided by publisher. 000801219 650_0 $$aMacroeconomics. 000801219 650_0 $$aBanks and banking$$zMalaysia. 000801219 650_0 $$aBanks and banking$$xReligious aspects$$xIslam. 000801219 650_0 $$aIslam$$xEconomic aspects$$zMalaysia. 000801219 650_0 $$aBanking law (Islamic law) 000801219 7001_ $$aSari, Norhanim Mat,$$eauthor. 000801219 7000_ $$aOthman Alhabshi,$$cSyed,$$eauthor. 000801219 7001_ $$aMirakhor, Abbas,$$eauthor. 000801219 77608 $$iPrint version:$$z9781137537232$$z113753723X$$w(OCoLC)989966140 000801219 830_0 $$aFinancial Institutions, Reforms, and Policies in Muslim Countries. 000801219 852__ $$bebk 000801219 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1057/978-1-137-53159-9$$zOnline Access$$91397441.1 000801219 909CO $$ooai:library.usi.edu:801219$$pGLOBAL_SET 000801219 980__ $$aEBOOK 000801219 980__ $$aBIB 000801219 982__ $$aEbook 000801219 983__ $$aOnline 000801219 994__ $$a92$$bISE