The Role Of Islamic Capital Market In Developing Muslim Economy

The role Islamic capital market is to raise funds, trading and mobilizing funds from one sector to another sector of the economy to ensure the humankind life. Unlike the conventional capital market it objectives is maximization of profit. Islamic capital market has two objectives; firstly is to el...

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Main Authors:	Abd Jalil, Borham, Muhammad Azizur Rahman, Ramli, Mohd Firdaus, Shahidin
Format:	Conference or Workshop Item
Language:	English
Published:	2014
Subjects:	HB Economic Theory
Online Access:	http://umpir.ump.edu.my/id/eprint/7444/ http://umpir.ump.edu.my/id/eprint/7444/1/Journal_of_Business_and_Economics.pdf

id	ump-7444
recordtype	eprints
spelling	ump-74442015-03-03T09:36:13Z http://umpir.ump.edu.my/id/eprint/7444/ The Role Of Islamic Capital Market In Developing Muslim Economy Abd Jalil, Borham Muhammad Azizur Rahman, Ramli Mohd Firdaus, Shahidin HB Economic Theory The role Islamic capital market is to raise funds, trading and mobilizing funds from one sector to another sector of the economy to ensure the humankind life. Unlike the conventional capital market it objectives is maximization of profit. Islamic capital market has two objectives; firstly is to eliminate usury and secondly to develop Islamic economics and the global economy. These two objectives should be the role of Islamic Capital Market in developing muslim economy. The Islamic capital market comprises two main components: the debt market and the equity market. Sukuk, known as Islamic bonds, have been the most active Islamic debt Market. Nevertheless it is active but the objective of the Islamic social development must be complying. It’s not just to boost the rich corporate economy but its role has to be helping muslim community to develop their economy power. This paper discusses the relationship between Islamic Capital Market and Maqasid. Also discuss its roles in developing real estate industry and halal industry. Many scholars agree that innovation in Islamic capital market must be actively discuss as the Islamic capital market broadly use in term of development of Muslim economy. 2014 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/7444/1/Journal_of_Business_and_Economics.pdf Abd Jalil, Borham and Muhammad Azizur Rahman, Ramli and Mohd Firdaus, Shahidin (2014) The Role Of Islamic Capital Market In Developing Muslim Economy. In: 6th Islamic Banking Accounting and Finance Conference (iBAF2014), 23-24 September 2014 , Universiti Sains Islam Malaysia. . (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	HB Economic Theory
spellingShingle	HB Economic Theory Abd Jalil, Borham Muhammad Azizur Rahman, Ramli Mohd Firdaus, Shahidin The Role Of Islamic Capital Market In Developing Muslim Economy
description	The role Islamic capital market is to raise funds, trading and mobilizing funds from one sector to another sector of the economy to ensure the humankind life. Unlike the conventional capital market it objectives is maximization of profit. Islamic capital market has two objectives; firstly is to eliminate usury and secondly to develop Islamic economics and the global economy. These two objectives should be the role of Islamic Capital Market in developing muslim economy. The Islamic capital market comprises two main components: the debt market and the equity market. Sukuk, known as Islamic bonds, have been the most active Islamic debt Market. Nevertheless it is active but the objective of the Islamic social development must be complying. It’s not just to boost the rich corporate economy but its role has to be helping muslim community to develop their economy power. This paper discusses the relationship between Islamic Capital Market and Maqasid. Also discuss its roles in developing real estate industry and halal industry. Many scholars agree that innovation in Islamic capital market must be actively discuss as the Islamic capital market broadly use in term of development of Muslim economy.
format	Conference or Workshop Item
author	Abd Jalil, Borham Muhammad Azizur Rahman, Ramli Mohd Firdaus, Shahidin
author_facet	Abd Jalil, Borham Muhammad Azizur Rahman, Ramli Mohd Firdaus, Shahidin
author_sort	Abd Jalil, Borham
title	The Role Of Islamic Capital Market In Developing Muslim Economy
title_short	The Role Of Islamic Capital Market In Developing Muslim Economy
title_full	The Role Of Islamic Capital Market In Developing Muslim Economy
title_fullStr	The Role Of Islamic Capital Market In Developing Muslim Economy
title_full_unstemmed	The Role Of Islamic Capital Market In Developing Muslim Economy
title_sort	role of islamic capital market in developing muslim economy
publishDate	2014
url	http://umpir.ump.edu.my/id/eprint/7444/ http://umpir.ump.edu.my/id/eprint/7444/1/Journal_of_Business_and_Economics.pdf
first_indexed	2023-09-18T22:04:04Z
last_indexed	2023-09-18T22:04:04Z
_version_	1777414590328471552

The Role Of Islamic Capital Market In Developing Muslim Economy

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