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1 results

  • The rational Islamic actor? Evidence from Islamic banking

  • Seda Demiralp, Selva Demiralp
  • Journal:
    New Perspectives on Turkey / Volume 52 / May 2015
    Published online by Cambridge University Press:
    11 June 2015, pp. 3-27
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  • Islamic banks create an interest in their own right as a rising branch infinancial intermediation, particularly in the post-crisis era. In addition, theyalso deserve the attention of students of Islamism due to their possibleconnection with Islamic movements. Through a comparison of Islamic andconventional banking, we analyze the motivations and behavior of Islamiceconomic actors who determine the cash flow to Islamic banks. Our findingssuggest that, in contrast to popular views that portray these actors asideologues or financiers of radical Islam, they have pragmatic motivations andmay adapt to liberal systems in order to seize economic incentives.