'Gatekeepers' of Islamic financial circuits: Analysing urban geographies of the global Shari'a elite

被引:15
作者
Bassens, David [1 ]
Derudder, Ben [1 ]
Witlox, Frank [1 ]
机构
[1] Univ Ghent, Dept Geog, B-9000 Ghent, Belgium
关键词
Islamic finance; transnationalism; international financial centres; advanced producer services; Gulf region; WORLD CITIES; POLITICAL-ECONOMY; LABOR MIGRATION; CITY; NETWORKS; BANKING;
D O I
10.1080/08985626.2011.577820
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the importance of 'Shari'a scholars' in the Islamic Financial Services (IFS) sector, which has been a growing global practice since the 1970s. Based on Shari'a Law, IFS firms provide banking, finance and insurance respecting faith-based prohibitions on interest, speculation and risk taking. Although IFS firms operate across a variety of scales and involve a range of actors, this paper focuses on the transnational capacities of Shari'a experts employed by IFS firms. These scholars use their extensive knowledge of Shari'a Law to assess the 'Islamic' character of a firm's operations, and assist the development of Shari'a-compliant products. As they embody necessary entry-points into Islamic circuits of knowledge and authority, members of what we dub the 'global Shari'a elite' can be regarded as 'gatekeepers' of Islamic financial circuits. Drawing on a comprehensive data source we present a geographical analysis of Shari'a board membership, nationality and educational background of 253 Shari'a scholars. The results show that the global Shari'a elite connects a limited number of IFS hubs (e. g. Dubai, Kuala Lumpur, Kuwait City, Manama, and London) to knowledge and authority networks falling outside 'mainstream' business and service spheres.
引用
收藏
页码:337 / 355
页数:19
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