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Corporate Islam, global capitalism and the performance of economic moralities

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Rethel, Lena (2019) Corporate Islam, global capitalism and the performance of economic moralities. New Political Economy, 24 (3). pp. 350-364. doi:10.1080/13563467.2018.1446925

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Official URL: https://doi.org/10.1080/13563467.2018.1446925

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Abstract

Recent years have witnessed the rapid expansion of the Islamic economy, which by some estimates has reached a size of US$ 4 trillion. The growth of the Islamic economy presents an intriguing test case for the compatibility of global capitalism and moral – in this case specifically Islamic – principles. This article adopts a performative lens to draw attention to the role of the World Islamic Economic Forum and the Global Islamic Economy Summit as legitimation mechanisms celebrating economic diversity and the success of Muslim entrepreneurs with the aim of increasing the visibility of the Islamic economy. Here, a polyphony of Muslim voices is sought to be consolidated into the voice of ‘business Islam’, with important implications for how the Islamic economy is conceived, defined and delineated.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): Finance (Islamic law), Economics -- Religious aspects -- Islam, Banks and banking -- Religious aspects -- Islam, International economic relations, Capitalism -- Moral and ethical aspects, Capitalism -- Religious aspects -- Islam
Journal or Publication Title: New Political Economy
Publisher: Taylor and Francis
ISSN: 1469-9923
Official Date: 2019
Dates:
DateEvent
2019Published
13 March 2018Available
23 February 2018Accepted
8 March 2017Submitted
Volume: 24
Number: 3
Page Range: pp. 350-364
DOI: 10.1080/13563467.2018.1446925
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access

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