Advertisement

Rate of Return in Islamic Investment

  • Mohd Ma’Sum Billah
Chapter

Abstract

Islamic principles have shown how rate of return can be used to reduce confusion. The challenges that face Islamic banks today require major changes in their perception and attitude. This chapter explores the distinction between rate of return in Islamic investment and conventional investment. Although there are some similarities between Islamic and conventional approaches, the distinctiveness of Islamic finance remains. Moreover, the benefit which we can get by applied rate of return in Islamic investment is promoting Islamic finance as a new phenomenon in international investment. In a world currently dominated by Western capitalism, Islamic finance appears as a beginner, although in reality it has a rich history as a facilitator of trade and economic transactions in the past. Without doubt, Islam has contributed to and benefited from financing based on Islamic investment and the Islamic money market.

References

  1. Al-Mishkat Al-Masabih.Google Scholar
  2. Eugene F. B. (n.d.), Fundamental of Financial Management, 8th edition, chapter 9.Google Scholar
  3. International journal of Islamic financial services (n.d.) vol. 4, no. 4.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Finance, Insurance FinTech and Investment Islamic Economics InstituteKing Abdulaziz UniversityJeddahSaudi Arabia

Personalised recommendations