Safety finance-a different approach-Conventional versus Islamic

N. Moşteanu
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引用次数: 1

Abstract

The article aims to underline the distinguish approaches between Islamic and Conventional financial system, and to show the healthy approach of finance, from all beneficiaries‟ perspectives – individuals, financial institutions and governments. The author intentions are to find out which system can sustain a healthy economy, resist to financial turbulences, and help individual and businesses to develop themselves and the entire society. In addition, yes, through this paper, the study found out why Islamic financial system is more sustainable, secure and pass successful the financial crisis from 2008. Furth more, the research paper concludes that for an economic sustainable development these two-financial systems can come together, learn from each other. The current dynamic movement of the world‟ economy finances, it creates the framework for Conventional financial system to be able to develop and offer Islamic finance products and services. Even more, in the present time, banking system starts to operate Conventional Banks with Islamic Windows. During the research paper, the finds are very informative and presented a different way of approaching trade, financial transactions, risk, profit and economic development. The investigation invites the readers to discover that Islamic finance is healthier (not harmful) and much closer to citizens, based on profitloss-and risk sharing, real assets backed, coming from the principles of life preached by Islamic principles of life. The Conventional finance are based strictly on financial, banking, commercial laws, on economic flows, based on debtor-creditor and profit principles, leaving the whole risk on the customer side and not all the time financial transactions are real assets backed. Research has revealed and comes to present and stand that, in the last decade, Islamic finance and bank' efficiency was better than Conventional finance and banks‟ one, especially during a crisis period. This efficiency of Islamic finance comes from their unique and special principles of life, which is risk-averse and anti-speculation, and only healthy financial activity and transactions should be conducted, compared to Conventional one, which are profit oriented, and give more attention to business than healthy and non-risky financial transactions. These Islamic principles of life drove and lead to the capacity of resisting to the financial turbulences. Islamic finance appears to be more helpful healthy and have realistic approach. The author conclude that this can be the one of the main reason that Conventional finance is open oriented to have Islamic windows. Keywords—conventional finance; islamic finance; banking system; taxation; financial and banking products; finacnial crisis. Prof.Asoc.Dr.Narcisa Roxana Mosteanu American University in the Emirates United Arab Emirates
安全金融——一种不同的方法——传统与伊斯兰
本文旨在强调区分伊斯兰金融体系和传统金融体系的方法,并从所有受益者——个人、金融机构和政府——的角度展示健康的金融方法。作者的意图是找出什么样的制度可以维持健康的经济,抵御金融动荡,帮助个人和企业发展自己和整个社会。此外,是的,通过本文的研究,发现了为什么伊斯兰金融体系更可持续,更安全,更成功地度过了2008年的金融危机。此外,本文还认为,为了经济的可持续发展,这两种金融体系可以结合起来,相互学习。当前世界经济金融的动态运动,为传统金融体系能够开发和提供伊斯兰金融产品和服务创造了框架。更重要的是,在目前的时间,银行系统开始经营传统银行与伊斯兰窗口。在研究论文中,发现非常翔实,并提出了一种不同的方式来接近贸易,金融交易,风险,利润和经济发展。调查邀请读者发现,伊斯兰金融更健康(无害),更贴近公民,基于利润和风险分担,实物资产支持,来自伊斯兰生活原则所宣扬的生活原则。传统金融严格地建立在金融、银行、商业法律、经济流动、债务人-债权人和利润原则的基础上,将全部风险留给客户一方,而不是所有的金融交易都是实物资产支持的。研究表明,在过去十年中,伊斯兰金融和银行的效率优于传统金融和银行,特别是在危机时期。伊斯兰金融的这种效率源于其独特而特殊的生活原则,即规避风险和反投机,只进行健康的金融活动和交易,而传统金融则以利润为导向,更注重商业,而不是健康和无风险的金融交易。这些伊斯兰的生活原则推动并导致了抵抗金融动荡的能力。伊斯兰金融似乎更有帮助,更健康,更现实。笔者认为,这可能是传统金融向伊斯兰窗口开放的主要原因之一。Keywords-conventional融资;伊斯兰金融;银行体系;税收;金融和银行产品;finacnial危机。nasisa Roxana Mosteanu教授,阿拉伯联合酋长国美国大学
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