An Empirical Study on the Regional Diversity of Islamic Finance in the Global Era

• Project/Area Number: 23810019
• Research Category: Grant-in-Aid for Research Activity Start-up
• Allocation Type: Single-year Grants
• Research Field: Area studies
• Research Institution: Kyoto University
• Principal Investigator: NAGAOKA Shinsuke 京都大学, 大学院・アジア・アフリカ地域研究研究科, 准教授 (20611198)
• Project Period (FY): 2011 – 2012
• Project Status: Completed (Fiscal Year 2012)
• Budget Amount: ¥3,510,000 (Direct Cost: ¥2,700,000、Indirect Cost: ¥810,000); Fiscal Year 2012: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000); Fiscal Year 2011: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
• Keywords: イスラーム金融 / イスラーム経済論 / イスラーム法 / 地域研究 / 地域間比較

Research Abstract

This study focuses on three representative emerging markets of Islamic finance (Jordan, Indonesia and UK), and aims to clarify the regional diversity of Islamic finance practice in the global era. The study shows that both theory and practice of Islamic finance vary between these countries. The main contributing factor of this diversity is the difference regarding the relationship with the global hubs of Islamic finance (the Gulf countries and Malaysia).

Research Products

• [Journal Article] 中東湾岸諸国における銀行業の国際展開の歴史と現在 (2013)
  • Author(s): 長岡慎介
  • Journal Title: 土屋一樹編『中東アラブ企業の海外進出』 Volume: なし Pages: 79-116
  • Peer Reviewed
• [Journal Article] Critical Overview of the History of Islamic Economics: Formation, Transformation, and New Horizons. (2012)
  • Author(s): Shinsuke NAGAOKA
  • Journal Title: Asian and African Area Studies Volume: 11(2) Pages: 114-136
  • NAID: 130007534987
  • Peer Reviewed
• [Journal Article] Critical Overview of the History of Islamic Economics : Formation, Transformation, and New Horizons (2012)
  • Author(s): Shinsuke NAGAOKA
  • Journal Title: アジア・アフリカ地域研究 Volume: 11(2) Pages: 114-136
  • NAID: 130007534987
  • Peer Reviewed
• [Journal Article] Islamic Finance as a Model of the Sustainable Financial System: Lessons from Financial Activities in the Pre-modern Islamic World (2011)
  • Author(s): Shinsuke NAGAOKA
  • Journal Title: World Financial Review Pages: 42-45
  • Peer Reviewed
• [Journal Article] Islamic Finance as a Model of the Sustainable Financial System : Lessons from Financial Activities in the Pre-modern Islamic World (2011)
  • Author(s): Shinsuke NAGAOKA
  • Journal Title: World Financial Review Volume: May-June Pages: 42-45
• [Journal Article] Islamic Finance at the Two-Edged Blade? Conflict and Coordination between Sharia Legitimacy and Economic Feasibility (2011)
  • Author(s): Shinsuke NAGAOKA
  • Journal Title: Finance islamique : regard(s) sur une finance alternative Volume: (所収論文) Pages: 268-273
• [Presentation] Islamic Finance and Japan: Recent Developments (2013)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Presented at the Joint International Seminar, Islam in Asia: Engaging the Community
  • Place of Presentation: 京都大学
  • Year and Date: 2013-03-19
• [Presentation] New Horizon of Islamic Economics in Second Decade of the 21st Century: Towards a New Universal Economic System (2013)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Presented at the Bank Indonesia Knowledge Sharing Session on Islamic Banking Series
  • Place of Presentation: インドネシア、インドネシア中央銀行
  • Year and Date: 2013-03-08
• [Presentation] Resuscitation or Novel System? Emergence of the Integrated Islamic Economic System in the Twenty-First Century (2013)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Presented at the 4th International Symposium on Islam, Civilization & Science
  • Place of Presentation: マレーシア、マレーシア国民大学
  • Year and Date: 2013-02-20
• [Presentation] Islamic Finance in the Second Decade of the 21st Century: Challenge and Struggle between Aspiration and Reality (2013)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Presented at the Workshop on Mutual Influences between Economic Development and 'Moderate Islamism'in the Non-Oil-Producing Middle Eastern Countries
  • Place of Presentation: 東京大学
  • Year and Date: 2013-02-15
• [Presentation] Islamic Finance for Sustainable Development : Its Historical Background and Potentialities in the Modern World (2012)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 5th Kyoto-Durham International Workshop in Islamic Economic and Finance
  • Place of Presentation: 京都大学
  • Year and Date: 2012-02-12
• [Presentation] Mediterranean Perspectives of Islamic Finance : Historical and Practical Inquiries (2012)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Joint Seminar of IMS and KIAS
  • Place of Presentation: 京都大学
  • Year and Date: 2012-01-31
• [Presentation] Islamic Finance for Sustainable Development : Its Historical Background and Potentialities in the Modern World (2011)
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 8th Internatibnal Conference on Islamic Economics and Finance
  • Place of Presentation: カタル、カタル国立会議場
  • Year and Date: 2011-12-21
• [Presentation] 誰が現代イスラーム経済を作っているのか-金融商品の開発現場からみたそのメカニズムと歴史的意義- (2011)
  • Author(s): 長岡慎介
  • Organizer: 地域研究コンソーシアム・次世代ワークショップ
  • Place of Presentation: 大阪大学
  • Year and Date: 2011-11-06
• [Presentation] Dynamics of Islamic Economics after the Boom of Islamic Finance: A Vision for Neo-Capitalism or New Universal System?
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 1st KIAS-EKONIS International Workshop in Islamic Economics and Finance
  • Place of Presentation: 京都大学
• [Presentation] Financial Crisis and its Macroeconomic Impact to the Islamic Economic System: A Theoretical Inquiry
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 6th International Conference of the School of Economics and Business
  • Place of Presentation: サラエヴォ大学（ ボスニア・ヘルツェゴヴィナ）
• [Presentation] Global History and Islamic Finance: Towards a Critical Analysis of Modern Capitalism
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 2nd Kazan International Scientific Forum: Islam in a Multicultural World
  • Place of Presentation: カザン連邦大学（ロシア連邦タタールスタン共和国）
• [Presentation] イスラーム金融の実践を支える知的インフラ―その系譜とグローバル化時代における新展開
  • Author(s): 長岡慎介
  • Organizer: NIHUプログラム・イスラーム地域研究京都大学拠点3班合同研究会「イスラーム世界の国際組織とグローバルネットワークII」
  • Place of Presentation: 京都大学
• [Presentation] サイバー空間が創り出す 新たなグローバル／ローカル経済のかたち―現代に再興するイスラーム経済ネットワークからの探究
  • Author(s): 長岡慎介
  • Organizer: 東京外国語大学アジア・アフリカ言語文化研究所（AA研）基幹研究「アフリカ文化研究に基づく多元的世界像の探求」 2012年度公開シンポジウム「境界/Borders in Africa ―メディア・民族・宗教の視点から」
  • Place of Presentation: 東京外国語大学
• [Presentation] Islamic Finance in the Second Decade of the 21st Century: Challenge and Struggle between Aspiration and Reality
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Workshop on Mutual Influences between Economic Development and ‘Moderate Islamism’ in the Non-Oil-Producing Middle Eastern Countries
  • Place of Presentation: 東京大学
• [Presentation] Resuscitation or Novel System? Emergence of the Integrated Islamic Economic System in the Twenty-First Century
  • Author(s): Shinsuke NAGAOKA
  • Organizer: 4th International Symposium on Islam, Civilization & Science
  • Place of Presentation: マレーシア国民大学（マレーシア）
• [Presentation] ハラール・ビジネスの将来展望
  • Author(s): 長岡慎介
  • Organizer: Japan Halal Forum & Expo 2013 in Fukuoka
  • Place of Presentation: アクロス福岡
  • Invited
• [Presentation] New Horizon of Islamic Economics in Second Decade of the 21st Century: Towards a New Universal Economic System
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Bank Indonesia Knowledge Sharing Session on Islamic Banking Series #2
  • Place of Presentation: インドネシア中央銀行（インドネシア）
  • Invited
• [Presentation] Islamic Finance and Japan: Recent Developments
  • Author(s): Shinsuke NAGAOKA
  • Organizer: Joint International Seminar “Islam in Asia: Engaging the Community”
  • Place of Presentation: 京都大学
• [Book] 中東アラブ企業の海外進出 (2013)
  • Author(s): 長岡慎介
  • Publisher: 岩波書店
• [Book] Islamic Finance at the Two-Edged Blade? In Finance islamique: regard(s) sur une finance alternative. Mazars: Blida (Algeria) (2011)
  • Author(s): Shinsuke NAGAOKA
  • Publisher: Conflict and Coordination between Sharia Legitimacy and Economic Feasibility
• [Remarks] 長岡慎介「イスラム金融のグローバル化と新展開(学者が斬る)」『週刊エコノミスト』2011年9月6日号、2011年.
• [Remarks] 長岡慎介「書評:両角吉晃『イスラーム法における信用と「利息」禁止』」『法制史研究』61、274-279頁、2011年.