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  • All HBS Web  (102)
    • News  (40)
    • Research  (45)
    • Events  (1)
  • Faculty Publications  (35)

Show Results For

  • All HBS Web  (102)
    • News  (40)
    • Research  (45)
    • Events  (1)
  • Faculty Publications  (35)
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  • 2020
  • Chapter

Islamic Capitalism and the Rise of Religious-Conservative Big Business

By: Kristin Fabbe, Űmit Őzlale and Efe Murat Balikçioğlu
This chapter argues that the rise of “Islamic capitalism” and the country’s so-called “conservative bourgeoisie” owes much to the pragmatism and agility of Islamic actors who are quick to seize upon new economic and political opportunities by leveraging religious... View Details
Keywords: Islamic Capitalism; Economic Systems; Religion; Values and Beliefs; Government and Politics; Power and Influence; Turkey
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Fabbe, Kristin, Űmit Őzlale, and Efe Murat Balikçioğlu. "Islamic Capitalism and the Rise of Religious-Conservative Big Business." Chap. 5 in Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives, edited by Asli M. Colpan and G. Jones, 97–122. New York: Routledge, 2019.
  • Research Summary

Islamic Financing Practices

By: Samuel L. Hayes
Samuel L. Hayes III is examining (with faculty of Harvard University's Law School and Center for Middle Eastern Studies) Islamic banking and investment practices. Because the Koran prohibits the payment of fixed interest and guarantees on funds invested either with... View Details
  • August 1999 (Revised February 2000)
  • Background Note

Introduction to Islamic Finance, An

By: Benjamin C. Esty, Fuaad Qureshi and Mathew M Millett
Provides a basic introduction to the principles of Islamic finance. Examines the religious background and legal foundations of Islamic finance. Also discusses the development of Islamic financial institutions and the financial instruments they use. Concludes with a... View Details
Keywords: Financial Institutions; Financial Instruments; Globalization; Growth and Development; Lawfulness; Problems and Challenges; Religion; Financial Services Industry
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Esty, Benjamin C., Fuaad Qureshi, and Mathew M Millett. "Introduction to Islamic Finance, An." Harvard Business School Background Note 200-002, August 1999. (Revised February 2000.)
  • 2019
  • Chapter

Political Islam

By: Kristin Fabbe and Efe M. Balıkçıoğlu
The Routledge Handbook of Turkish Politics pulls together contributions from many of the world’s leading scholars on different aspects of Turkey. Turkey today is going through possibly the most turbulent period in its history, with major consequences both... View Details
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Fabbe, Kristin, and Efe M. Balıkçıoğlu. "Political Islam." Chap. 4 in The Routledge Handbook of Turkish Politics, edited by Alpaslan Özerdem and Matthew Whiting. Routledge, 2019.
  • 2016
  • Chapter

Forward-Facing and Behind the Scenes: Shifts in Political Islam in Post-July 15 Turkey

By: Kristin Fabbe
Keywords: Turkey; Politics; Islam; Religion; Government and Politics; Turkey
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Fabbe, Kristin. "Forward-Facing and Behind the Scenes: Shifts in Political Islam in Post-July 15 Turkey." In Contemporary Turkish Politics. No. 22, 12–15. POMEPS Studies. Washington, DC: Project on Middle East Political Science, 2016. Electronic. (Rice University's Baker Institute for Public Policy.)
  • 04 Feb 2002
  • Research & Ideas

How To Do Business in Islamic Countries

The business scene in the Islamic world may be as complex as its 1.3 billion people, but one rule is nevertheless quite straightforward for Westerners who want to do deals. "One thing you do not bring up is the Palestinian-Israeli... View Details
Keywords: by Martha Lagace
  • October 1999 (Revised April 2003)
  • Case

International Investor, The: Islamic Finance and the Equate Project

By: Benjamin C. Esty and Mathew M Millett
Equate Petrochemical Co. (Equate) is a joint venture between Union Carbide Corp. and Petrochemical Industries Co. (PIC) for the construction of a $2 billion petrochemical plant in Kuwait. The sponsors began construction in August 1994, using a bridge loan, and are in... View Details
Keywords: International Finance; Project Finance; Religion; Investment; Finance; Mining Industry; Energy Industry; Kuwait
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Esty, Benjamin C., and Mathew M Millett. "International Investor, The: Islamic Finance and the Equate Project." Harvard Business School Case 200-012, October 1999. (Revised April 2003.)
  • Working Paper

Trade and Geography in the Origins and Spread of Islam

By: Stelios Michalopoulos, Alireza Naghavi and Giovanni Prarolo
This study examines the spatial distribution of Muslim societies shedding light on its geographic origins. The empirical analysis conducted across countries, virtual countries, and ethnicities establishes that geographic inequality and proximity to pre-Islamic trade... View Details
Keywords: Geography; Religion; Trade
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Michalopoulos, Stelios, Alireza Naghavi, and Giovanni Prarolo. "Trade and Geography in the Origins and Spread of Islam." NBER Working Paper Series, No. 18438, October 2013.
  • January 2013 (Revised June 2014)
  • Background Note

Key Challenges of Applying IFRS to Islamic Finance

By: David F. Hawkins and Lee Hodder
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Hawkins, David F., and Lee Hodder. "Key Challenges of Applying IFRS to Islamic Finance." Harvard Business School Background Note 113-033, January 2013. (Revised June 2014.)
  • 1998
  • Book

Islamic Law and Finance: Religion, Risk and Return

By: Frank Vogel and Samuel Hayes
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Vogel, Frank, and Samuel Hayes. Islamic Law and Finance: Religion, Risk and Return. Kluwer Law International, 1998.
  • winter 2000
  • Article

The Equate Project: An Introduction to Islamic Project Finance

By: B. C. Esty
Keywords: Projects; Finance; Information
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Esty, B. C. "The Equate Project: An Introduction to Islamic Project Finance." Journal of Project Finance 5, no. 4 (winter 2000): 7–20.
  • October 1999 (Revised March 2002)
  • Teaching Note

International Investor, The: Islamic Finance and the Equate Project TN

By: Benjamin C. Esty and Mathew M Millett
Teaching Note for (9-200-012). View Details
Keywords: Investment; International Finance; Middle East
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Esty, Benjamin C., and Mathew M Millett. "International Investor, The: Islamic Finance and the Equate Project TN." Harvard Business School Teaching Note 200-013, October 1999. (Revised March 2002.)
  • March 2017 (Revised November 2017)
  • Case

Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic

By: Jeremy Friedman
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Friedman, Jeremy. "Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic." Harvard Business School Case 717-038, March 2017. (Revised November 2017.)
  • January 2019
  • Teaching Note

Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic

By: Jeremy Friedman
Keywords: Iran
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Friedman, Jeremy. "Iran on the Brink: The Nuclear Deal and the Future of the Islamic Republic." Harvard Business School Teaching Note 719-016, January 2019.
  • 2022
  • Chapter

When Fifth Columns Fall: Religious Groups and Loyalty-Signaling in Erdoğan's Turkey

By: Kristin Fabbe and Efe Murat Balıkçıoğlu
This chapter investigates the role that fifth-column claims play in authoritarian politics. Specifically, it examines how fifth-column claims against the Gülen Movement have transformed the relationship between the Turkish state and both official (state-sanctioned)... View Details
Keywords: Fifth Columns; Gülen Movement; Political Islam; Government and Politics; Religion; Turkey
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Fabbe, Kristin, and Efe Murat Balıkçıoğlu. "When Fifth Columns Fall: Religious Groups and Loyalty-Signaling in Erdoğan's Turkey." Chap. 10 in Enemies Within: The Global Politics of Fifth Columns, edited by Harris Mylonas and Scott Radnitz, 248–270. New York: Oxford University Press, 2022.
  • 2014
  • Working Paper

Islam, Inequality, and Pre-Industrial Comparative Development

By: Stelios Michalopoulos, Alireza Naghavi and Giovanni Prarolo
This study explores the interaction between trade and geography in shaping the Islamic economic doctrine and in turn the comparative development of the Muslim world. We build a model where an unequal distribution of land quality in presence of trade opportunities... View Details
Keywords: Islam; Inequality In Land Quality; Wealth Accumulation; Public Good Investment; Conflict; Wealth; Geography; Religion; Trade
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Michalopoulos, Stelios, Alireza Naghavi, and Giovanni Prarolo. "Islam, Inequality, and Pre-Industrial Comparative Development." Harvard Business School Working Paper, No. 15-076, March 2015.
  • January 2016 (Revised May 2016)
  • Case

IKEA in Saudi Arabia (A)

By: Karthik Ramanna, Jérôme Lenhardt and Marc Homsy
A Swedish newspaper reveals that IKEA has erased all images of women from its catalog for Saudi Arabia. The article sparks criticism of IKEA from the Swedish government and its customers in the West. Critics contend that IKEA is not living up to its own commitments to... View Details
Keywords: Corporate Values; Islam; Multinationals; Globalization; Leadership; Equality and Inequality; Multinational Firms and Management; Religion; Organizational Culture; Gender; Consumer Products Industry; Saudi Arabia; Sweden
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Ramanna, Karthik, Jérôme Lenhardt, and Marc Homsy. "IKEA in Saudi Arabia (A)." Harvard Business School Case 116-015, January 2016. (Revised May 2016.)
  • January 2016 (Revised May 2016)
  • Supplement

IKEA in Saudi Arabia (B)

By: Karthik Ramanna, Jerome Lenhardt and Marc Homsy
Supplements the (A) case. View Details
Keywords: Corporate Values; Islam; Multinationals; Globalization; Leadership; Equality and Inequality; Multinational Firms and Management; Religion; Organizational Culture; Gender; Consumer Products Industry; Saudi Arabia; Sweden
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Ramanna, Karthik, Jerome Lenhardt, and Marc Homsy. "IKEA in Saudi Arabia (B)." Harvard Business School Supplement 116-016, January 2016. (Revised May 2016.)
  • 2022
  • Chapter

State-Formation, Statist Islam, and Regime Instability: Evidence from Turkey

By: Kristin Fabbe
Religion, and particularly the forces of political Islam and state secularism, have been central to discussions of regime stability in the Turkish case. Intense polarization, political instability, and military interventions have propelled Turkey into crisis about once... View Details
Keywords: Ottoman Empire; Regime; State Secularism; Political Islam; Democracy; Autocracy; Religion; Government and Politics; Turkey
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Fabbe, Kristin. "State-Formation, Statist Islam, and Regime Instability: Evidence from Turkey." In The Oxford Handbook of Politics in Muslim Societies, edited by Melani Cammett and Pauline Jones. New York: Oxford University Press, 2022.
  • January 2016 (Revised May 2016)
  • Supplement

IKEA in Saudi Arabia (C)

By: Karthik Ramanna, Jerome Lenhardt and Marc Homsy
Supplements the (A) Case. View Details
Keywords: Corporate Values; Islam; Multinationals; Globalization; Leadership; Equality and Inequality; Multinational Firms and Management; Religion; Organizational Culture; Gender; Consumer Products Industry; Saudi Arabia; Sweden
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Ramanna, Karthik, Jerome Lenhardt, and Marc Homsy. "IKEA in Saudi Arabia (C)." Harvard Business School Supplement 116-017, January 2016. (Revised May 2016.)
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