Contributor(s)RAND CORP SANTA MONICA CA
KeywordsSociology and Law
AUTHORITARIAN POLITICAL SYSTEMS
RADICAL RECRUITMENT TECHNIQUES
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AbstractThis report presents the statement of Angel Rabasa, PhD, Senior Policy Analyst, The RAND Corporation, to the Committee on Armed Services, Defense Review Terrorism and Radical Islam Gap Panel, United States House of Representatives, on November 3, 2005. The testimony examines the following topics: Radical and Moderate Islam, Sources of Radical Influence, Radical Recruitment, and the Role of Violence as a Recruitment Tool.
Testimony presented before the House Armed Services Committee, Defense Review Terrorism and Radical Islam Gap Panel, on November 3, 2005. The original document contains color images.
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Realizing the Potential of Islamic FinanceMohieldin, Mahmoud (World Bank, Washington, DC, 2012-08-13)Islamic finance has been growing rapidly in recent years. Motivated by a heightened interest in financial instruments that emphasize risk sharing, it has been attracting greater attention in the wake of the recent financial crisis. This class of instruments appears to have avoided many of the most severe consequences of the crisis. Several features underpin the expansion and performance of Islamic finance. Addressing key regulatory and governance issues will be essential for Islamic finance to achieve its full potential. Several multilateral development institutions, including the World Bank, have longstanding programs to support the development of the industry and have used Islamic instruments, to varying extents, to tap capital markets. In the coming years, Islamic finance could account for a substantial share of financial services in several countries, meeting the preferences of significant numbers of people, enhancing financial inclusion and intermediation, and contributing more broadly to financial stability and development.
Risk Analysis for Islamic BanksIqbal, Zamir; Van Greuning, Hennie (Washington, DC: World Bank, 2012-06-01)This publication provides a comprehensive overview of topics related to the assessment, analysis, and management of various types of risks in the field of Islamic banking. It is an attempt to provide a high-level framework (aimed at non-specialist executives) attuned to the current realities of changing economies and Islamic financial markets. The Islamic financial system is not limited to banking; it also covers capital formation, capital markets, and all types of financial intermediation and risk transfer. Islamic finance was practiced predominantly in the Muslim world throughout the middle ages, fostering trade and business activities with the development of credit. The growth of Islamic finance coincided with the current account surpluses of oil-exporting Islamic countries. The Middle East saw a mushrooming of small commercial banks competing for surplus funds. The Islamic Republics of Iran, Pakistan, and Sudan announced their intention to make their financial systems compliant with Shariah.