An approach to Islamic Finance in Spain

Garrido Camino, Carlos and Rodríguez Monroy, Carlos (2015). An approach to Islamic Finance in Spain. In: "XXI International Conference on Industrial Engineering and Operations Management. 9th International Conference on Industrial Engineering and Industrial Management. International IIE Conference. ICIEOM-CIO-IIE 2015", July 6-8, 2015, Aveiro, Portugal. ISBN 978-972-789-466-6. pp. 48-53.

Description

Title: An approach to Islamic Finance in Spain
Author/s:
  • Garrido Camino, Carlos
  • Rodríguez Monroy, Carlos
Item Type: Presentation at Congress or Conference (Article)
Event Title: XXI International Conference on Industrial Engineering and Operations Management. 9th International Conference on Industrial Engineering and Industrial Management. International IIE Conference. ICIEOM-CIO-IIE 2015
Event Dates: July 6-8, 2015
Event Location: Aveiro, Portugal
Title of Book: ENGINEERING SYSTEMS AND NETWORKS: The way ahead for industrial engineering and operations management. Book of proceedings of the ICIEOM-CIO-IIE International Conference 2015
Date: 2015
ISBN: 978-972-789-466-6
Subjects:
Freetext Keywords: Islamic Finance, SME, Spain, Banking
Faculty: E.T.S.I. Industriales (UPM)
Department: Ingeniería de Organización, Administración de Empresas y Estadística
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Islamic finance systems are a new way of raising funds for families, companies and public institutions. This kind of system has its origin in the Middle East and Asia, but it is gaining customers all over the world due to the growth of Islamic economies and the problems of traditional financial systems in Western countries. Therefore, having into account the problems to get credit by SMEs in Spain Islamic Finance is a new open way for entrepreneurs, as well as for corporations and the whole society. This new financial resource has strict principles based on the Sharia'a, the Muslim law that regulates the transactions in Arab society. This fact could be a key point in order to develop a business structure in Spain, as a consequence of the spoiled reputation of traditional banks.

More information

Item ID: 42465
DC Identifier: http://oa.upm.es/42465/
OAI Identifier: oai:oa.upm.es:42465
Official URL: http://www.abepro.org.br/icieom2015/
Deposited by: Memoria Investigacion
Deposited on: 25 Aug 2016 07:15
Last Modified: 30 Aug 2016 06:34
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