Monetary Research Center

16/2017 Islamic finance: Between Alternative Model of Finance and Its Critical Interpretation (in French)
Issued in Friday, December 1, 2017

Following the crises of conventional finance, we witnessed during the twentieth century the birth of the Islamic finance, then its development in 2008. This has caught the attention of the world and researchers in the field of finance. In this work, we attempted to demonstrate the origin of this finance, its principles, its products as well as the fundamentals of the financial doctrine based on Sharia. And finally, we discussed its critical reviews and its limitations while suggesting some solutions to overcome them.


This paper is available as PDF (1.50MB)

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