Demystifying the Theoretical Framework of Research in Islamic Finance: A Review of Literature

Authors

  • Nanik Kustiningsih Universitas Airlangga Indonesia
  • Soesilowati Soema Atmadja SITE Mahardhika, Indonesia
  • Syed Alamdar Ali Shah Universitas Airlangga

DOI:

https://doi.org/10.13135/2421-2172/3735

Keywords:

Islamic Socialism, Islamic Capitalism, Capitalism, Islamic Socialistic Capitalism

Abstract

This research takes insights into the research on Islamic finance before and after the occurrence of financial crisis to rediscover its linkages with Islamic socialism and capitalism across international boundaries to establish grounds of Islamic finance theoretical framework. It takes extensive review of literature on Islamic Socialism, Capitalism and Islamic Capitalism taking into account differences in practices of Islamic finance in Islamic and non Islamic countries. Research in Islamic finance has great linkages with Islamic socialism, Islamic capitalism and capitalism as affected by the occurrence of financial crisis during the period of research. The originality value of this research work lies in the novel selection of period of research literature, and the discovery of theoretical framework in Islamic finance research, “Islamic socialistic capitalism”.

 

Author Biography

Nanik Kustiningsih, Universitas Airlangga Indonesia

Visiting Faculty

Punjab Group of Colleges 

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Published

2019-12-27

How to Cite

Kustiningsih, N., Atmadja, S. S., & Shah, S. A. A. (2019). Demystifying the Theoretical Framework of Research in Islamic Finance: A Review of Literature. European Journal of Islamic Finance, (14). https://doi.org/10.13135/2421-2172/3735

Issue

No. 14 (2019): EJIF - European Journal of Islamic Finance, 14, 2019

Section

Peer-reviewed Articles

License

Authors keep the copyrights for their work and give the journal the work's first publication copyright, which is at the same time licensed under a Creative Commons License – Attribution, which in turn allows other parties to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

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