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Role of Islamic mortgage in UK

Author

Listed:
  • Omar Masood
  • Jamel E. Chichti
  • Walid Mansour
  • Qazi Awais Amin

Abstract

Mortgage is considered a major determinant factor not only to the UK, but western economies as well. Therefore, we thought it fit to conduct an empirical study on Islamic mortgage in UK. In this paper we attempt to study and elaborate principles behind overall Islamic banking system whereas the main focus is remain with Role of Islamic mortgage in UK. This paper gives a preliminary empirical assessment of role of Shariah board and corporate governance with reference to UK. This study also sought that whether Islamic banking is based on Islamic economic principles or just a replica of conventional banking.

Suggested Citation

  • Omar Masood & Jamel E. Chichti & Walid Mansour & Qazi Awais Amin, 2009. "Role of Islamic mortgage in UK," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 2(3/4), pages 366-383.
    • Handle: RePEc:ids:ijmefi:v:2:y:2009:i:3/4:p:366-383
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    Citations

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    Cited by:

    1. Jihed Majdoub & Walid Mansour & Islem Arrak, 2018. "Volatility Spillover among Equity Indices and Crude Oil Prices: Evidence from Islamic Markets امتداد التقلب بين مؤشرات الأسهم وأسعار النفط الخام: شواهد من الأسواق الإسلامية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 31(1), pages 27-45, January.
    2. Belouafi, Ahmed & Chachi, Abdelkader, 2014. "Islamic Finance in the United Kingdom: Factors Behind its Development and Growth," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 22, pages 37-78.
    3. repec:abd:kauiea:v:31:y:2018:i:1:p:27-45 is not listed on IDEAS

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