The Research of the Development of Muslim Private Lending under the Influence of the Islamic Culture

DOI

10.2991/emim-17.2017.346How to use a DOI?

Keywords

Private lending; Islamic culture; Islmic finance; Ethnic regions

Abstract

In recent years, the private lending in rural economy has experienced a rapid development. Its existence and development with distinct features were closely connected with social economy. Being an effective complementary form in rural financial system, the private lending to some extent met the need of rural economical development for capital. However, because it was beyond official supervision, the private lending also exerts negative effect. As different nationalities have different feature in history, the mode of production, language, culture, custom and so on, which make them, show the ethnic characteristics in different levels in the process of the economic activity. Among them, the Muslim private lending in China under the influence of the Islamic culture, because of the unique economic perspective and values, plays an active role in the Muslim economic and social development.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Haiying Ma
PY  - 2017/04
DA  - 2017/04
TI  - The Research of the Development of Muslim Private Lending under the Influence of the Islamic Culture
BT  - Proceedings of the 7th International Conference on Education, Management, Information and Mechanical Engineering (EMIM 2017)
PB  - Atlantis Press
SP  - 1702
EP  - 1706
SN  - 2352-538X
UR  - https://doi.org/10.2991/emim-17.2017.346
DO  - 10.2991/emim-17.2017.346
ID  - Ma2017/04
ER  -