Reforming the Methodology of Product Development in Islamic Finance - Abozaid, Abdulazeem
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The current methodology of product development in Islamic finance has failed to reflect the productive nature of Islamic economics. This is evidenced by a number of current products being substantially undistinguishable from their conventional counterparts according to the commonly-held views. This study discusses the reform needed to the existing methodology of product development in order to structure genuinely Shariah-compliant products which reflects the spirit of the Shariah, with a special emphasis on the role of Fiqh.

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Produktbeschreibung
The current methodology of product development in Islamic finance has failed to reflect the productive nature of Islamic economics. This is evidenced by a number of current products being substantially undistinguishable from their conventional counterparts according to the commonly-held views. This study discusses the reform needed to the existing methodology of product development in order to structure genuinely Shariah-compliant products which reflects the spirit of the Shariah, with a special emphasis on the role of Fiqh.
Autorenporträt
Abdulazeem holds PhD and Master in Islamic financial law, three BAs in Islamic law, Arabic language and English Literature; two higher studies diplomas in Islamic law and Human sciences. He worked as a lecturer at different universities and as a Shariah expert, trainer, manager and Shariah board member at different Islamic banks.