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신제도주의 경제학 및 이슬람 도덕경제 관점에서 본 현대 이슬람 은행의 한계와 잠재력

The Limits and Potentials of Contemporary Islamic Banking from the Perspectives of New Institutional Economics and Islamic Moral Economy

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한국이슬람학회 (Korean Association Of The Islamic Studies)|2024.02|한국이슬람학회논총 (Annals of Korean Association of the Islamic Studies)|제34권 제1호|pp. 47-72

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이슬람 금융이슬람 은행Islamic financeNew Institutional Economics사회적 은행신제도주의 경제학Islamic bank이슬람 도덕경제윤리적 은행Islamic moral economysocial bankethical bank
주제분류종교학

초록

2008년 글로벌 금융 위기는 전통 금융의 내재된 약점을 드러내며 보다 지속가능한 대안을 모색하는 계기가 되었다. 금융 위기 당시 상대적 안정성을 보인 이슬람 금융은 대안적 금융으로서 학계뿐 아니라 실무자들로부터 큰 주목을 받았다. 이슬람 금융 산업은 1970년대에 처음 상업 목적으로 출현한 이래, 매년 꾸준한 성장률을 보이며 2021년 미화 4조 달러의 금융 자산 보유에 이르렀다. 그러나, 이러한 성장세에도 불구하고 이슬람 금융은 재무 관행 및 상품 측면에서 기존 전통 금융과 매우 비슷하다는 비판을 받아왔다. 이 문제는 이슬람 금융의 정체성을 위협하고 잠재적으로 존재 이유마저 위협하고 있다. 본 논문에서는 신제도경제학(New Institutional Economics)과 이슬람 도덕 경제(Islamic moral economy)의 관점을 통해 현재 이슬람 금융 산업이 직면한 비판점들을 분석하고 이슬람 금융이 갖는 잠재력을 논의한다. 본 논문의 분석방법은 이슬람 금융의 현재 관행의 구조적, 제도적 문제를 인식하고 분석할 기회를 제공한다. 또한, 이슬람 금융의 현재 문제에 대한 해결방안을 제도적 관점에서 제시한다. 본 논문은 이슬람 도덕 경제 기반의 이슬람 은행 즉, 이슬람 사회윤리 은행(Islamic social and ethical bank)이 이슬람 산업의 현재 문제를 해결하며 지속 가능한 발전을 도모할 수 있다고 주장한다.

Abstract

Islamic finance has received increased attention from academia and practitioners, particularly after the global financial crisis in 2008, as a sustainable alternative for conventional finance. Islamic finance has shown an annual growth of 10%~15% since its first appearance in the commercial banking and finance sector in the 1970s, amassing financial assets totaling US $4 trillion by 2021. Despite this dramatic growth, the industry has been criticized for its resemblances to conventional counterparts in terms of practices and products, which poses a significant threat to Islamic finance’s distinct identity and existence. This study delves into theses critical challenges by using new institutional economics(NIE) and Islamic moral economy frameworks. This institutional analysis identifies and analyzes the structural and institutional problems of current Islamic banking and finance’s practices and proposes solutions to these challenges from an institutional standpoint. the core argument of this study is that the reimagined model of Islamic banks-grounded in the principles of Islamic moral economy and under the conceptual umbrella of NIE, referred to as Islamic social and ethical banks-could effectively address the current concerns about Islamic finance. this model not only resolves current issues but also charts a prospective path for the future of Islamic finance by emphasizing its potential for sustainable and ethical financial practices.

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관련 논문AI추천

이슬람 금융자산 운용의 시장 조건김중관한국이슬람학회 · 한국이슬람학회논총2011 · 제21권 제1호이슬람 금융 발전과 은행의 지속가능성: 가치와 영향 분석이은경한국중동학회 · 한국중동학회논총2025 · 제45권 제3호이슬람 금융의 발전사적 고찰과 우리의 대응전략곽용신, 남명수한국경영사학회 · 경영사연구2009 · 제24권 제4호이슬람 금융 거래에적합한 시장에 관한 연구김동환중동연구소 · 중동연구2013 · 제32권 제2호이슬람금융의 쟁점들: 경합하는 이슬람적 대안성의 의미오명석한국아시아학회 · 아시아연구2022 · 제25권 제2호Legal Aspects of Islamic Finance in Korea : An Effort to Utilize the Islamic Finance Under the Framework of Financial Law안수현한국경영법률학회 · 경영법률2011 · 제22권 제1호

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