Relations financières internationales / International Financial Relations

The «International Triffin Foundation», hosted by the Institute for European Studies at the Université catholique de Louvain (Belgium), has the objective of establishing a centre dedicated to the continuation of the scientific work and the intellectual legacy of Robert Triffin (1911–1993) in the field of the international monetary system, and more generally in the areas of economics, finance and the social sciences. Regular publications in the series «International Financial Relations» will ensure promotion of individual or collective works whose main themes are the ones with which Robert Triffin was particularly associated (the European Payments Union, the creation of Special Drawing Rights, the European Monetary System), as well as addressing the new problems which the international monetary system will be confronting at the dawn of the 21st century (external effects of the European Economic and Monetary Union, new tasks for the International Monetary Fund, prevention of financial crises, etc.). La « Fondation internationale Triffin », établie près l’Institut d’études européennes de l’Université catholique de Louvain (Belgique), s’est fixé pour objectif de constituer un centre dédié à la poursuite du travail scientifique et à la valorisation de l’héritage intellectuel de Robert Triffin (1911-1993) sur le système monétaire international, et plus généralement dans les domaines de l’économie, de la finance et des sciences sociales. Les publications de la collection « Relations financières internationales » assurent la promotion de travaux individuels et collectifs dont les thèmes centraux sont ceux auxquels Robert Triffin était particulièrement attaché – l’Union européenne des paiements, la création de Droits de Tirage Spéciaux, le Système monétaire européen. La collection accueille également des ouvrages qui abordent les futures difficultés auxquelles sera confronté le système monétaire international à l’aube du XXIe siècle, tels que les effets extérieurs de l’Union économique et monétaire européenne, les nouvelles tâches du Fonds monétaire international ou la prévention des crises financières. The «International Triffin Foundation», hosted by the Institute for European Studies at the Université catholique de Louvain (Belgium), has the objective of establishing a centre dedicated to the continuation of the scientific work and the intellectual legacy of Robert Triffin (1911–1993) in the field of the international monetary system, and more generally in the areas of economics, finance and the social sciences. Regular publications in the series «International Financial Relations» will ensure promotion of individual or collective works whose main themes are the ones with which Robert Triffin was particularly associated (the European Payments Union, the creation of Special Drawing Rights, the European Monetary System), as well as addressing the new problems which the international monetary system will be confronting at the dawn of the 21st century (external effects of the European Economic and Monetary Union, new tasks for the International Monetary Fund, prevention of financial crises, etc.).

5 publications

Finance, FinTech, and Crowdfunding in Islam

ISSN: 2572-7435

Our second collaboration with the BIT-AMENA (University of California, Berkeley iTechpreneurship in Asia, Middle East, and North Africa) Center for Building Innovation Economies, this series focuses on how a financial system is comprised of different subsystems—such as the banking system, financial markets, capital markets, insurance, and derivatives—which are underpinned by legal and commercial infrastructure. When compared to the conventional system, the Islamic financial system has two distinct features: first, the prohibition of riba (interest), which eliminates the possibility of debt and of leveraging within the financial system, and second, the promotion of risk-sharing, facilitated through modes of transaction designed for investors to share the risks and rewards of investment on a more equitable basis. As such, the Islamic financial system is based on a banking system that operates without a debt economy, and instead promotes the financing of the real economy. Researchers have argued that an active and vibrant market of securitized assets, which has some resemblance to the conventional asset-based debt market, replaces the debt market and behaves and operates differently. We will subsequently examine the vital role that the stock market plays within a risk-sharing economy.

1 publications