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9. La finance islamique, cheval de Troie de la finance moderne ?

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  • Michel Ruimy

Abstract

Based on the values, precepts, and prescriptions of Sharia law, Muslim jurists have proposed a normative model of a Muslim homo ?conomicus, endowed with its own rationality. This economic philosophy must guide the individual behavior of consumption, production, investment, savings... The rational behavior of this ?homo islamicus? is conceived through the pursuit of his own interest, to which are added the constraints related to social interest. In this context, Islamic finance differs from conventional finance through its different view of the motivations of individuals: it considers that they can display moral behavior in their daily actions. However, while it has a universalist dimension, today it is only a ?niche? of modern finance.

Suggested Citation

  • Michel Ruimy, 2018. "9. La finance islamique, cheval de Troie de la finance moderne ?," Regards croisés sur l'économie, La Découverte, vol. 0(1), pages 130-140.
    • Handle: RePEc:cai:rcedec:rce_022_0130
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