Description

Book Synopsis

The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic Cooperation (OIC) nations.

This is one of the first books to investigate Islamic financeâs stance on the informal economy and to discuss it from an OIC perspective. It covers the various definitions, historical development, types, and determining factors behind the shadow economy and the reasons for peopleâs preference to join and stay in the informal economy. Similarly, different theories are discussed in detail, thus providing a deeper understanding of the subject matter.

The book examines the indicators of the informal sector, such as unemployment, regulation, and taxation, and the effect of financial development and the role of financial inclusion in informal economy in the case of

The Informal Economy and Islamic Finance

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    A Paperback by Shabeer Khan

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      View other formats and editions of The Informal Economy and Islamic Finance by Shabeer Khan

      Publisher: Taylor & Francis
      Publication Date: 8/26/2024
      ISBN13: 9781032360348, 978-1032360348
      ISBN10: 1032360348

      Description

      Book Synopsis

      The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic Cooperation (OIC) nations.

      This is one of the first books to investigate Islamic financeâs stance on the informal economy and to discuss it from an OIC perspective. It covers the various definitions, historical development, types, and determining factors behind the shadow economy and the reasons for peopleâs preference to join and stay in the informal economy. Similarly, different theories are discussed in detail, thus providing a deeper understanding of the subject matter.

      The book examines the indicators of the informal sector, such as unemployment, regulation, and taxation, and the effect of financial development and the role of financial inclusion in informal economy in the case of

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