Remedial measures for financial crisis in the light of prophetic teachings / Irfan Shahid.

Shahid, Irfan (2015) Remedial measures for financial crisis in the light of prophetic teachings / Irfan Shahid. Journal of Emerging Economies and Islamic Research, 3 (3). pp. 1-10. ISSN 2289 – 2559

Abstract

A few years ago the world suffered from a financial turmoil which emerged in the United States of America, Europe and Asia. It made a large population redundant; many businesses shuttered down and reduced consumption, production, purchasing power, GDP and leading many economies into deep recession. Consequently poor and middle class people found difficult to survive. In the beginning of the financial crisis many suggestions were propounded by economists, policy makers and bankers to reduce its impact. Several policies were implemented to combat against financial crisis yet billion of people are suffering from poverty and hunger. Prophetic teaching is a complete code of life; in its guidance there is a set of teachings which govern financial issues of the society and the market. This paper aims to explore the measure suggested in the light of the Hadith and the Quran

Metadata

Item Type: Article
Creators:
CreatorsID Num. / Email
Shahid, IrfanUNSPECIFIED
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Business and Management
Journal or Publication Title: Journal of Emerging Economies and Islamic Research
Journal: UiTM Journal > Journal of Emerging Economies and Islamic Research
ISSN: 2289 – 2559
Volume: 3
Number: 3
Page Range: pp. 1-10
Official URL: http://www.jeeir.com/v2/index.php/26-current/vol-3...
Item ID: 32778
Uncontrolled Keywords: Financial Crisis, GDP, Recession, Poverty, Prophetic Teaching, Quran
URI: http://ir.uitm.edu.my/id/eprint/32778

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