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Beyond Debt – Islamic Experiments in Global Finance | Chicago Scholarship Online
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Beyond Debt: Islamic Experiments in Global Finance

Daromir Rudnyckyj

Abstract

Recent economic crises have made the centrality of debt, and the instability it creates, increasingly apparent. This realization has led to calls for change—yet there is little popular awareness of possible alternatives. Beyond Debt describes efforts to create a transnational economy without debt. Based on research in Malaysia, Daromir Rudnyckyj illustrates how the state, led by the central bank, seeks to make the country’s capital Kuala Lumpur the “the New York of the Muslim world”—the central node of global financial activity conducted in accordance with Islam. Rudnyckyj shows how Islamic fi ... More

Keywords: globalization, development, Islamic finance, Islam, social studies of finance, debt, Malaysia, debt, alternative finance, geoeconomics

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780226551920
Published to Chicago Scholarship Online: May 2019 DOI:10.7208/chicago/9780226552118.001.0001

Authors

Affiliations are at time of print publication.

Daromir Rudnyckyj, author
University of Victoria