Tag Archives: islamic finance

Islamic finance: zero interest, high expectations

Islamic finance: zero interest, high expectations
Michele Federle

Michele Federle

Policy Researcher at Politheor
Michele Federle holds a Bachelor's degree in Economics and Social Sciences from the Free University of Bolzano-Bozen, Italy and is currently enrolled in the Master's degree in International Economic Policy at Sciences Po Paris, France. He is also a student at the Scuola di Politiche, the public policy school founded by former Italian PM Enrico Letta. His research interests encompass global financial governance, European integration and international trade.
Michele Federle
Share

Prompted by rampant growth rates, the industry of Islamic finance is increasingly drawing the attention of investors, regulators and scholars. The peculiarity of Islamic financial activities is the compliance with Sharia, the Islamic law. According to Sharia’s precepts, generating revenues from money is prohibited and interest-paying arrangements are considered “riba” (aka usury). Therefore, Islamic financial […]

Read More 0 Comments