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Moving Beyond Rhetoric: Can Islamic Banking become Mainstream in Pakistan

Author

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  • Mamoon, Dawood

Abstract

Challenging economic theory that is developed at micro level is a common practice among macro-economic behaviors of conventional economic system. In this context the paper analyses Islamic banking that tries to bring an interest free financial system. The paper explains the circumstances that may lead to a universal application of Islamic banking in Pakistan. This is done after presenting a detailed discussion on the rational for conventional banking.

Suggested Citation

  • Mamoon, Dawood, 2017. "Moving Beyond Rhetoric: Can Islamic Banking become Mainstream in Pakistan," MPRA Paper 81960, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:81960
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    File URL: https://mpra.ub.uni-muenchen.de/81973/1/MPRA_paper_81973.pdf
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    Cited by:

    1. Mamoon, Dawood, 2018. "Gender Economics and Islam: Case of Marital Law in Pakistan," MPRA Paper 85222, University Library of Munich, Germany.

    More about this item

    Keywords

    Islamic Banking; Capitalism; Islamic Economics; Interest Rates;
    All these keywords.

    JEL classification:

    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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