Ghent University Academic Bibliography

Advanced

Oiling global capital accumulation: analyzing the principles, practices and geographical distribution of Islamic financial services

David Bassens UGent, Ben Derudder UGent and Frank Witlox UGent (2011) SERVICE INDUSTRIES JOURNAL. 31(3). p.327-341
abstract
This article focuses on the Islamic financial services (IFS) sector, which originated in the Middle East, but is now rapidly becoming a global sector. First, Islamic economic ideology is discussed, which resulted in the foundation of IFS firms after the 1973 oil crisis, and then an overview of the most common IFS is provided. The third part discusses the global distribution of IFS firms and Shari'a compliant assets. The Middle East is at the apex of the IFS sector, with the Islamized economies of Iran and Pakistan and prime hubs such as Manama and Dubai. Outside the Middle East, Malaysia is identified as an important growing market for IFS, while outside the Muslim world, London is increasingly profiling itself as a global IFS hub.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
keyword
Middle East, Islamic banking, ethic banking, emerging markets, petrodollars, ECONOMICS, BANKING
journal title
SERVICE INDUSTRIES JOURNAL
Serv. Ind. J.
volume
31
issue
3
pages
327 - 341
Web of Science type
Article
Web of Science id
000287417300002
JCR category
MANAGEMENT
JCR impact factor
2.579 (2011)
JCR rank
26/165 (2011)
JCR quartile
1 (2011)
ISSN
0264-2069
DOI
10.1080/02642060802712830
language
English
UGent publication?
yes
classification
A1
copyright statement
I have transferred the copyright for this publication to the publisher
id
1104486
handle
http://hdl.handle.net/1854/LU-1104486
date created
2011-01-18 16:11:13
date last changed
2015-06-17 09:22:08
@article{1104486,
  abstract     = {This article focuses on the Islamic financial services (IFS) sector, which originated in the Middle East, but is now rapidly becoming a global sector. First, Islamic economic ideology is discussed, which resulted in the foundation of IFS firms after the 1973 oil crisis, and then an overview of the most common IFS is provided. The third part discusses the global distribution of IFS firms and Shari'a compliant assets. The Middle East is at the apex of the IFS sector, with the Islamized economies of Iran and Pakistan and prime hubs such as Manama and Dubai. Outside the Middle East, Malaysia is identified as an important growing market for IFS, while outside the Muslim world, London is increasingly profiling itself as a global IFS hub.},
  author       = {Bassens, David and Derudder, Ben and Witlox, Frank},
  issn         = {0264-2069},
  journal      = {SERVICE INDUSTRIES JOURNAL},
  keyword      = {Middle East,Islamic banking,ethic banking,emerging markets,petrodollars,ECONOMICS,BANKING},
  language     = {eng},
  number       = {3},
  pages        = {327--341},
  title        = {Oiling global capital accumulation: analyzing the principles, practices and geographical distribution of Islamic financial services},
  url          = {http://dx.doi.org/10.1080/02642060802712830},
  volume       = {31},
  year         = {2011},
}

Chicago
Bassens, David, Ben Derudder, and Frank Witlox. 2011. “Oiling Global Capital Accumulation: Analyzing the Principles, Practices and Geographical Distribution of Islamic Financial Services.” Service Industries Journal 31 (3): 327–341.
APA
Bassens, D., Derudder, B., & Witlox, F. (2011). Oiling global capital accumulation: analyzing the principles, practices and geographical distribution of Islamic financial services. SERVICE INDUSTRIES JOURNAL, 31(3), 327–341.
Vancouver
1.
Bassens D, Derudder B, Witlox F. Oiling global capital accumulation: analyzing the principles, practices and geographical distribution of Islamic financial services. SERVICE INDUSTRIES JOURNAL. 2011;31(3):327–41.
MLA
Bassens, David, Ben Derudder, and Frank Witlox. “Oiling Global Capital Accumulation: Analyzing the Principles, Practices and Geographical Distribution of Islamic Financial Services.” SERVICE INDUSTRIES JOURNAL 31.3 (2011): 327–341. Print.