Publication:
Debt is debt, even if it's Shariah-compliant
| DC Field | Value | |
|---|---|---|
| dc.contributor.author | Obiyathulla Ismath Bacha | |
| dc.date.accessioned | 2020-07-10T05:35:17Z | |
| dc.date.available | 2020-07-10T05:35:17Z | |
| dc.date.issued | 2019 | |
| dc.description.abstract | In a book aptly titled 'This Time Is Different', Rogoff and Reinhart, two prominent economists, show that every single financial crisis over the last 800 years has had a single root cause - excessive debt. It appears that what begins as borrowing for the funding of development infrastructure can, as it builds, lead to a spiralling of debt and financial crisis. There is a circular and reciprocal relationship between debt, leverage, vulnerability and financial distress. This applies to all borrowers, governments, corporations or other entities. | en_US |
| dc.identifier.citation | Bacha, O. I. (2019). Debt is debt, even if it's Shariah-compliant. In The Malaysian Reserve, (22 April 2019). | en_US |
| dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/3262 | |
| dc.language | English | |
| dc.language.iso | eng | en_US |
| dc.publisher | TMR Media Sdn Bhd | en_US |
| dc.rights | 2019. TMR Media Sdn Bhd | |
| dc.source | SEDONA | |
| dc.subject | Debt | en_US |
| dc.subject | Shariah | en_US |
| dc.subject | Risk sharing | en_US |
| dc.subject | Islamic banks | en_US |
| dc.title | Debt is debt, even if it's Shariah-compliant | en_US |
| dc.type | Newspaper Article | en_US |
| dlc.maintopic | Islamic finance | en_US |
| dspace.entity.type | Publication | |
| ikr.doctype | Expert Insights | |
| ikr.topic.maintopic | Islamic finance | en_US |
| relation.isAuthorOfPublication | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
| relation.isAuthorOfPublication | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
| relation.isAuthorOfPublication | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
| relation.isAuthorOfPublication.latestForDiscovery | 8e8de113-9c2e-4faf-8482-04f179564a0e | |
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