The Islamic way to capitalism
The challenging complexity of culture-based dynamics in the global economic scenario calls for deep investigations of the most important economic paradigms. In this setting, the moral economy of Islam proposes new strategies of growth, fostering integration between Islamic values and the economy.
The challenging complexity of culture-based dynamics in the global economic scenario calls for deep investigations of the most important economic paradigms. In this setting, the moral economy of Islam proposes new strategies of growth, fostering integration between Islamic values and the economy. This project aims at studying the Islamic way to capitalism. Islamic economics is a remarkable example of dialogue between cultures and civilisations. It is rooted in Islamic tradition, but is also open to the challenges of the contemporary global economy. The moral economy of Islam has played a significant role in integrating Muslim countries in the process of globalisation and in renovating and enriching the capitalist system from within, thanks to its emphasis on ethics and social responsibility. The analysis of the Islamic way of capitalism is particularly noteworthy nowadays, given the resilience of Islamic finance to the financial crisis.
The conference on “Moral Values and Capital Markets: Resilience of Islamic Finance against Financial Crisis” aims at examining both the moral economy of Islam and the nature of Islamic banking in the context of the ongoing, dramatic transformations of the world economy. Firstly, we discuss to what extent the moral economy of Islam can contribute to promote a long-term, sustainable development. Secondly, we examine the recent trends in Islamic finance. On the whole, the conference intends to assess the resilience of Islamic finance against the financial crisis, also trying to understand whether Islamic values can play a role in the reform of the global economy. Participants include leading scholars and professionals, who will offer to the public the tools to understand, theoretically and empirically, the developments of Islamic finance. In addition, a call for papers will gather outstanding contributions in the field.