Islamic finance in the United States: Adoption and adaptation
General Material Designation
[Thesis]
First Statement of Responsibility
Ayesha Tahir Hashmi
Subsequent Statement of Responsibility
Berry, Brian J L
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
The University of Texas at Dallas
Date of Publication, Distribution, etc.
2016
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
149
GENERAL NOTES
Text of Note
Committee members: Eliott, Euel; Holmes, Jennifer S.; Scotch, Richard K.
NOTES PERTAINING TO PUBLICATION, DISTRIBUTION, ETC.
Text of Note
Place of publication: United States, Ann Arbor; ISBN=978-1-369-02068-7
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
Ph.D.
Discipline of degree
Public Policy and Political Economy
Body granting the degree
The University of Texas at Dallas
Text preceding or following the note
2016
SUMMARY OR ABSTRACT
Text of Note
This research is a multi-dimensional study of Islamic finance in the US. It explores demand and stability of Islamic investments in the market. It highlights regulatory issues within the US legal framework that affect growth of Islamic finance. Tracing from its historical roots to present manifestations in the US market, there seems to be increase in demand for Islamic options based on interviews of users and non-users of available instruments. This study finds that religion plays an influential role in financial decision making. The interplay of theology and market is creating new concepts in political economy that has behavioral implications. Islamic finance is a prominent case of religion transforming market activity through evolving organizational structures which operates on Islamic principles and espouses partnership models in business activity. Still a small percentage of the overall global economy, this fast-paced industry has caught the attention of global financial, legal and educational institutions and offers new insights on religion impacting economic activity.
TOPICAL NAME USED AS SUBJECT
Behavioral psychology; Finance; Public policy
UNCONTROLLED SUBJECT TERMS
Subject Term
Social sciences;Psychology;Islam;Minority;Muslims in the us