Conflict Resolution and Creation of a Security Community in the Gulf Region

(eds.) –

The bitter confrontation between Saudi Arabia and Iran is not only stoking conflicts in Syria, Iraq and Yemen, but now threatens the stability, security and well-being of the whole Gulf region. All the major global powers have significant interests in this area, and the pursuit of these interests adds further layers of division and conflict. This book goes to the heart of this issue, examining the critical modalities whereby the "Gulf Cold War" can be brought to an end. What is needed, the contributors argue, is th...

Egypt and the Gulf: A Renewed Regional Policy Alliance

(ed.) –

Egypt continues to be cultural and political beacon in the Middle East. Its control of the Suez Canal, cold peace with Israel, concern about Gaza, mediation and interest in the Israel-Palestine conflict, and the marginalization of the Muslim Brotherhood are all points of significance. There is a close, and expanding, defence and security relationship between Egypt and the GCC states, most evident in the inclusion of Egypt in Saudi Arabia's new Sunni counter-terrorism alliance. The authors of this book contextualise historica...

Wahhabism - Doctrine and Development

Set, Volumes 1-2 (Critical Surveys in Islamic Denominations)

(ed.) –

Saudi Arabian Wahhabism is the ultra-puritanical form of Sunni Islam which has been adopted by Islamist radicals, Salafists, and jihadists to legitimize and spread their extremist agenda. The scholarly articles in these two volumes throw fresh light on this messianic radicalism by tracing its origins in the 18th century up to its present role as the authoritative interpretation of Islam in the strategically vital Kingdom of Saudi Arabia. - Volume 1 focuses on the main tenets of Wahhabi doctrine that brought about the Wahhabi...

Islamic Finance: Political Economy, Values and Innovation

Volume 1

(eds.) –

Islamic finance has had a transformational impact on markets well beyond the Muslim world. This development has been the outcome of various stakeholders and agencies interacting to develop a political economy based on Islamic values to generate religiously and culturally authentic financial institutions and instruments. The studies presented in this volume discuss these interactions through specific examples from the GCC countries, supported by comparative perspctives, in order to articulate the development and consequences...

Islamic Finance: Risk, Stability and Growth

Volume 2

(eds.) –

In response to the recent global financial crisis, Islamic finance, as a religiously authentic proposition, has shown resilience throuh its inherited principles such as risk sharing and the avoidance of speculation. Such approaches have provided stability, which in turn has brought unprecedented growth to the sector. The studies in this volume focus on examples in the GCC countries to provide empirical analysis of the risk aspects of Islamic finance, to test its stability, identify its growth trajectories, and measure its im...

Islamic Finance: Performance and Efficiency

Volume 3

(eds.) –

The growth, stability and resilience of Islamic finance is now a well established fact. However, in order to achieve sustainable growth the Islamic finance industry has to be able to maintain its competitive edge by generating higher efficiency and performance. The studies in this volume aim at providing empirical and comparative perspectives on the performance and efficiency of the Islamic finance industry through a number of econometric models, with a specific focus on the GCC countries supported by comparative cases....

Africa and the Gulf Region:

Blurred Boundaries and Shifting Ties

(eds.) –

The ties that bind Africa and the Gulf region have deep historical roots that influence both what Braudel called the longue durée and the short-term events of current policy shifts, market-based economic fluctuations, and global and local political vicissitudes. This book, a collaboration of historians, political scientists, development planners, and a biomedical engineer, explores Arabian-African relationships in their many overlapping dimensions. Thus histories constructed from the “bottom up” – records of the everyday act...

Islamic Finance - Political Economy, Performance and Risk.

Set, 3 volumes

(eds.) –

This collection of new research brings together state of the art thinking by 45 experts from academia and business on all key aspects of Islamic Finance. Individual volumes deal with the key issues of: Political Economy, Values and Innovation; Risk, Stabilty and Growth; Performance and Efficiency. - Volume 1 Political Economy, Values, and Innovation - Volume 2 Risk, Stability and Growth - Volume 3 Performance and Efficiency...

The GCC in the Global Economy

(ed.) –

Changing geopolitical realities have seen the Gulf region turning to Asia and Africa to build new economic links, while strengthening old ones. This proactive internationalism is visible not just in economics and energy, but also in politics and security where a host of new agreements has been developed. This work provides an overview of the ways in which the GCC states now need to move ahead with reforms that will reflect issues such as raised expectations from a period of high revenues and the region's demographics. The wo...

Resources Blessed: Diversification and the Gulf Development Model

(ed.) –

The Gulf countries have adopted a unique combination of policies to encourage diversification with largely positive results, while there are significant distinctions between the individual cases. This work evaluates various examples to show the extent to which the Gulf economies have diversifed to date, and how results can be measured, taking into consideration factors such as composition of GDP or exports; government services; and the categorization of industrial activities downstream of resources extraction (oil refining, ...

GCC Financial Markets: The World's New Money Centers

(ed.) –

Bond markets in the GCC countries are underdeveloped, and the capital mix is heavily skewed towards banks, while ambitious development plans in fields like petrochemicals and infrastructure, as well as a rapidly growing population, create an increased need for finance. This study outlines the structure of various segments of GCC financial markets and points to regulatory challenges and future developments, ranging from capital market structures to the planned GCC Monetary Union, Islamic banking, and sovereign wealth funds. T...

National Employment, Migration and Education in the GCC

(ed.) –

This volume provides a cross-cutting analysis of the policy challenges related to GCC labor markets. It analyzes the different dimensions of segmentation of these markets, factors of change influencing labor supply such as trends in education and demography, as well as the impact of potential future reforms in areas such as immigration policy, labor sponsorship, taxation and minimum wages. The work therefore provides an overview of what arguably will be the core socio-economic challenge for the GCC in the coming years....

The Gulf Region: Economic Development & Diversification.

Set, Volumes 1-4

(eds.) –

The four volumes in this major research collection address the key economic issues which affect the future development and diversification of the member states of the Gulf Cooperation Council (GCC), namely Saudi Arabia, Kuwait, Bahrain, Qatar, UAE and Oman. Specifically, this recent research covers Economic Diversification, Development of Global Partnerships, Labor Markets and Migration, and Financial Markets as Global Players The work brings together state-of-the-art analysis by some 40 international scholars who participat...