Heaven’s bankers: inside the hidden world of Islamic finance, by Harris Irfan, The Overlook Press, 2015, xx + 347 pp., ISBN 978-1-4683-1047-4
Islamic finance started to get the world’s attention as it collides with capitalist interest of profit maximization at the global level. During this time, Harris Irfan was among the early generation of ‘structurers’ who were responsible in designing financial contracts that are appealing to the c...
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| Format: | Article |
| Language: | English |
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2016
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| Online Access: | http://irep.iium.edu.my/63421/ http://irep.iium.edu.my/63421/ http://irep.iium.edu.my/63421/1/63421_Heaven%E2%80%99s%20Bankers%20Inside%20the%20Hidden.pdf |
| Summary: | Islamic finance started to get the world’s attention as it collides with capitalist interest of profit
maximization at the global level. During this time, Harris Irfan was among the early generation
of ‘structurers’ who were responsible in designing financial contracts that are appealing to
the conventional investors and observe Shariah requirements. Despite having an illustrious
beginning, Irfan’s journey into the world of Islamic finance has eventually sparked a puzzle within
himself: Is Islamic finance heading towards the right direction? He started to critically evaluate
Islamic financial industry by focusing on the legal and moral aspects of Islamic finance based on
both the letter and spirit of Islamic law. Irfan managed to share his rich professional experience
and personal acquaintance with scholars to expose the false flag of Islamic finance and how it is
lurking the harms which it seeks to avoid in the first place. |
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