Jump to ContentJump to Main Navigation
Beyond DebtIslamic Experiments in Global Finance$
Users without a subscription are not able to see the full content.

Daromir Rudnyckyj

Print publication date: 2018

Print ISBN-13: 9780226551920

Published to Chicago Scholarship Online: May 2019

DOI: 10.7208/chicago/9780226552118.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 28 September 2021

An Emergent Geoeconomics

An Emergent Geoeconomics

(p.214) Conclusion An Emergent Geoeconomics
Beyond Debt

Daromir Rudnyckyj

University of Chicago Press

This chapter argues that Malaysia's Islamic finance project seeks to create a new geoeconomics by remaking the map of global finance. In decentering the global financial system from its focus on New York, London, and Hong Kong, planners and experts in Malaysia seek to position Kuala Lumpur between the world's greatest source of surplus capital (the Arabian peninsula's petroleum wealth) and its foremost site of industrial production (East Asia). The chapter shows how efforts to reform the practices of Islamic finance in Malaysia to make it more appealing to Arabs is a key means by which planners and experts plan to achieve this ambitious goal. The chapter argues that the value of anthropological study of phenomena such as Islamic finance is to make the familiar strange and show how alternative approaches and practices outside the West may hold possible answers to some of the West's most pressing problems. The chapter concludes that Islamic finance is a practical anthropology insofar as it demands that we question the unstated assumptions of our financial organization.

Keywords:   geoeconomics, reflexivity, debt, reform, alternative finance, economic anthropology

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.