Islamic Finance in Iraq and Indonesia: Comparative Analysis of Regulatory Frameworks, Market Dynamics, and Socio-Economic Impact

Authors

  • Hani Amer Musa Ph.D. Research Scholar, State Islamic University of Alauddin Makasar, Indonesia
  • Dr. Rahmawati Muin State Islamic University of Alauddin Makasar, Indonesia

Keywords:

Poverty, Students Society, Areas, Teachers, Issues, Economical

Abstract

This paper gives a comparative synthesis of the evolutionary process and the management of Islamic finance systems in Iraq and Indonesia. Since the above two countries are Islamic and harbor the closest resemblance to the Islamic religion, the governance structures in both these countries have installed mechanisms to monitor banking sectors. To meet the study's objective, this research aimed to establish the characteristic of Islamic financing in Iraq and Indonesia. The content of this report may be useful to many regulatory bodies and bank organizations. The paper explores the general and distinctive trends of the target parameters with other countries and the outlined results that can be important in comparison or discussion while considering the emergence and development of Islamic finance sectors in Iraq and Indonesia.

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Published

2024-06-30

How to Cite

Hani Amer Musa, & Dr. Rahmawati Muin. (2024). Islamic Finance in Iraq and Indonesia: Comparative Analysis of Regulatory Frameworks, Market Dynamics, and Socio-Economic Impact. Al-Kashaf, 4(2), 13–31. Retrieved from https://alkashaf.pk/index.php/Journal/article/view/125

Issue

Section

English