Abstract
Umar Chapra, a leading figure in Islamic economics, describes simply but with masterly lucidity what finance is, how it should operate and how the system went wrong:
A financial system is where you take the savings of the few and it goes to the needs of the many, but somehow the system has been reversed and now the savings of the billions of people are going to the business of the few.1
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Notes
J. Langton, C. Trullols and A. Turkistani (2011) Islamic Economics and Finance; A European Perspective (Basingstoke: Palgrave Macmillan and IE Business Publishing).
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© 2014 Celia de Anca
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de Anca, C. (2014). Conclusion: The Future of Finance. In: Atbani, F.M., Trullols, C. (eds) Social Impact Finance. IE Business Publishing. Palgrave Macmillan, London. https://doi.org/10.1057/9781137372697_14
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DOI: https://doi.org/10.1057/9781137372697_14
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-47621-3
Online ISBN: 978-1-137-37269-7
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