RETHINK
ECONOMICS
RETHINK
ECONOMICS
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2 results

2015
Level: beginner
This dossier gives an overview of the functions and the nature of money. The concept of Islamic finance is briefly explored, too.
2018
Level: advanced
Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact.

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