Global COE Program - Kyoto University - In Search of Sustainable Humanosphere in Asia and Africa: NAGAOKA, Shinsuke

Research Theme：　

Economic Theory of Fiqh al-Muamalat (Islamic Transactions Law)
Islamic Economic System in Economic History
Entanglemental Relationship between Modern Capitalism & Islamic Economic System
Sustainable Humanosphere and Economic Development in the Middle East

References：　

NAGAOKA Shinsuke "Beyond the Theoretical Dichotomy in Islamic Finance: Analytical Reflections on Murabahah Contracts and Islamic Debt Securities," Kyoto Bulletin of Islamic Area Studies 1(2), pp. 72-91, 2007. (A paper available at http://www.asafas.kyoto-u.ac.jp/kias/contents/pdf/kb1_2/08nagaoka.pdf)
NAGAOKA Shinsuke "Islamic Finance in Economic History: Marginal System or Another Universal System?," presented at Second Workshop on Islamic Finance, What Islamic Finance Does (Not) Change, EM Strasbourg Business School, France, 17 March, 2010. (A paper available at http://www.em-strasbourg.eu/docs/iw/papers/Nagaoka.pdf)

2007 G-COE Research Outcome:

NAGAOKA Shinsuke "Theoretical Types of Islamic Finance in the Lists of Financial Institutions: Towards the Study of the History of Islamic Economics," Kyoto Bulletin of Islamic Area Studies 1(1), pp. 62-118, 2007.(in Japanese)
NAGAOKA Shinsuke "Beyond the Theoretical Dichotomy in Islamic Finance: Analytical Reflections on Murabahah Contracts and Islamic Debt Securities," Kyoto Bulletin of Islamic Area Studies 1(2), pp. 72-91, 2007.
NAGAOKA Shinsuke "Book Review: Abdulkader Thomas ed. Interest in Islamic Economics: Understanding Riba," Kyoto Bulletin of Islamic Area Studies 1(2), pp. 445-450, 2007.(in Japanese)

List of Academic Presentations during 2007:

"Divergence or Convergence? An Overview of Theoretical Discussions in Islamic Finance," presented at the International Symposium on Islamic Economics, Theoretical and Practical Perspectives in a Global Context, Kyoto University, JAPAN, 23 July, 2007 (Verbal Presentation).
"Gharar in Future Markets and Islamic Finance," presented at the 49th Annual Meeting of the Society for Near Eastern Studies in Japan, Kansai University, JAPAN, 30 September, 2007 (Verbal Presentation in Japanese).

2008 G-COE Research Outcome:

NAGAOKA Shinsuke "From Regional Diversity to Transregional Integration: A Study on Short-Term Liquidity Instruments (Inah and Tawarruq) in Islamic Finance," Kyoto Bulletin of Islamic Area Studies 2(1), pp. 163-182, 2008.(in Japanese)
NAGAOKA Shinsuke "Recent Studies of Islamic Economics: A Report on Two International Academic Conferences," Kyoto Bulletin of Islamic Area Studies 2(1), pp. 279-284, 2008.(in Japanese)
NAGAOKA Shinsuke Reconsidering Mudaraba Contracts in Islamic Finance: What is the Economic Wisdom (Hikma) of Partnership-based Instruments? Kyoto Working Papers on Area Studies No. 42 & JSPS Global COE Program Series 40, 2009.
NAGAOKA Shinsuke "Reconsidering Regional Diversity in Islamic Finance: A History of Islamic Liquidity Management Instruments," in Sadashi FUKUDA ed. Islamic Finance in Globalization. Chiba: Institute of Developing Economies, pp. 153-177, 2009.(in Japanese)
NAGAOKA Shinsuke "A Methodological Study on Integration of Financial Markets in the Middle East Countries," in Ichiki TSUCHIYA ed. Private Company in the Middle East: Growth and Problems. Chiba: Institute of Developing Economies, pp. 19-35, 2009.(in Japanese)
NAGAOKA Shinsuke "The Current Critiques against Sharia Compliant Finance and its Implication to the History of Islamic Economics," Institute for International Trade and Investment ed. Islamic Business Law in the Middle East. Tokyo: ITI, pp. 45-60, 2009.(in Japanese)

List of Academic Presentations during 2008:

"Issues on Intertemporal Transactions in Islamic Finance: Theoretical Implications and Practical Impacts," presented at the 24th Annual Meeting of the Japan Association for Middle East Studies, Chiba University, JAPAN, 25 May, 2008 (Verbal Presentation in Japanese).
"Economic Wisdom (Hikma) of Partnership Contracts in Islamic Economics: Reconsidering the Risk-Sharing Schema," presented at the International Workshop in Islamic Economics, Banking and Finance, Durham University, UK, 8 July, 2008 (Verbal Presentation).
"Toward an Analytical Framework of Entanglement of Islamic Economic System and Modern Capitalism," presented at the International Workshop on Islamic Economics, Islamic Economic System and Divergent Paths of Economic Development, Kyoto University, JAPAN, 18 February, 2009 (Verbal Presentation).
"How Sharia Scholars Legitimize Financial Products in Islamic Finance?," presented at the Kansai Regional Meeting of Japanese Association for the Study of Religion and Society, Kwansei Gakuin University, 28 March, 2009(Verbal Presentation in Japanese).

2009 G-COE Research Outcome:

NAGAOKA Shinsuke "Reading Guide: Islamic Finance," Studies on the World History 220, pp. 38-42, 2009.
KOSUGI Yasushi and NAGAOKA Shinsuke Islamic Banking: Finance and the World Economy. Tokyo: Yamakawa Shuppansha, 2010.
NAGAOKA Shinsuke "Islamic Finance and the Current Financial Crisis," Financial Affairs 61(1), pp. 99-103, 2010.

List of Academic Presentations during 2009:

"Formulating the History of Modern Islamic Economics and its Implication for the General History of Economics," presented at the 25th Annual Meeting of the Japan Association for Middle East Studies, Hiroshima City University, JAPAN, 17 May, 2009 (Verbal Presentation in Japanese).
"A Theoretical Advantage of Islamic Macroecomonic System and its Implication to the Current Financial Crisis," presented as an invited paper at the Meeting on Managing Assets from an Islamic Perspective in Light of the International Financial Crisis, King Abdulaziz University, Saudi Arabia, 10 June, 2009 (Verbal Presentation).
"Economics of Fiqh al-Muamalat and the Islamic Macroeconomic System: A Theoretical Analysis of Islamic Financial Products and its Implication to the Economic Fluctuations," presented at the International Workshop on Islamic Economics, Evaluating the Current Practice of Islamic Finance and New Horizon in Islamic Economic Studies, Kyoto University, JAPAN, 24 July, 2009 (Verbal Presentation).
"How Sharia Scholars Legitimize Islamic Financial Products? Economic Analysis of Fatwa and its Implication to the Islamic Macroeconomic System," presented at the EKONIS Lecture Series 1/09 (Wacana EKONIS Siri 1/09), Universiti Kebangsaan Malaysia, Malaysia, 4 August, 2009 (Verbal Presentation).
"Islamic Economic System as an “Embedded” System: Economic Analysis of Fiqh al-Muamalat and its Macroeconomic Implication to the Current Financial Crisis," presented at the International Conference on Moral Values and Financial Markets: Islamic Finance and the Financial Crisis, Fondazione Eni Enrico Mattei, Milan, Italy, 18 November, 2009 (Verbal Presentation).
"Re-Evaluating Malaysian Islamic Finance Practice: From the Multiple Diversities Perspective," presented at the Islamic Economics Workshop on Regional and Historical Diversities of Islamic Finance, Kyoto University, JAPAN, 26 November, 2009 (Verbal Presentation).
"Conflict and Coordination between Economic Feasibility and Sharia Legitimacy in Islamic Finance," presented at the Second International Conference, New Horizons in Islamic Area Studies on “Identities, Coexistence and Globalization", Marriott Hotel, Cairo, Egypt, 13 December, 2009 (Verbal Presentation).
"Islamic Finance in Economic History: Marginal System or Another Universal System?," presented at Second Workshop on Islamic Finance, What Islamic Finance Does (Not) Change, EM Strasbourg Business School, France, 17 March, 2010.

2010 Research Outcome:

Shinsuke NAGAOKA “Reconsidering Mudarabah Contracts in Islamic Finance: What is the Economic Wisdom (Hikmah) of Partnership-based Instruments?,” Review of Islamic Economics. 13(2), pp. 65-79, 2010.
Shinsuke NAGAOKA “Kulliyyah Korner: On the Theoretical Dichotomy of Islamic Finance,” Opalesque Islamic Finance Intelligence 6, pp. 19-20, 2011.
Shinsuke NAGAOKA A Study on Islamic Finance in the Modern World. Nagoya: The University of Nagoya Press, 2011. (in Japanese)
Shinsuke NAGAOKA “Reconsidering Political Economy of Islamic Finance in Jordan,” in Miki HAMADA and Sadashi FUKUDA eds. Islamic Finance in the Global Economy: From the Middle East to Asia and Europe. Chiba: Institute of Developing Economies, pp. 47-65, 2010. (in Japanese)
Shinsuke NAGAOKA “Liquidity Management in Islamic Finance,” in Miki HAMADA and Sadashi FUKUDA eds. Islamic Finance in the Global Economy: From the Middle East to Asia and Europe. Chiba: Institute of Developing Economies, pp. 275-294, 2010. (in Japanese)
Etsuaki YOSHIDA and Shinsuke NAGAOKA “Diversity in the Practice of Islamic Finance: Past and Present,” in Miki HAMADA and Sadashi FUKUDA eds. Islamic Finance in the Global Economy: From the Middle East to Asia and Europe. Chiba: Institute of Developing Economies, pp. 255-273, 2010 (co-authored with). (in Japanese)
Shinsuke NAGAOKA “The Historical Experience of the Private Sector in the Arab Middle East: An Analysis of the Banking Sector in the Gulf Countries,” in Ichiki TSUCHIYA ed. Private Sector Development in the Arab Middle East. Chiba: Institute of Developing Economies, pp. 107-133, 2010. (in Japanese)
Shinsuke NAGAOKA “History of the Multinational Banking in the Middle East: An Analysis of Arab Consortium Banks,” in Ichiki TSUCHIYA ed. The Rise of Multinational Corporations from Middle East. Chiba: Institute of Developing Economies, pp. 20-42, 2011. (in Japanese)
Shinsuke NAGAOKA “Islamic Finance After the Current Financial Crisis,” Islamic Finance Now (ASAHI Middle East Magazine, online), 14 January 2011. (in Japanese)
Shinsuke NAGAOKA “How Islamic Finance Makes Profits from the Non-Interest Based Products?,” Islamic Finance Now (ASAHI Middle East Magazine, online), 28 January 2011. (in Japanese)
Shinsuke NAGAOKA “Saleh Kamel as a Pioneer of Islamic Finance,” Islamic Finance Now (ASAHI Middle East Magazine, online), 17 February 2011. (in Japanese)
Shinsuke NAGAOKA “New Horizon in Islamic Finance (1): Islamic Consumption Loan Evolution,” Islamic Finance Now (ASAHI Middle East Magazine, online), 8 March 2011. (in Japanese)
Shinsuke NAGAOKA “New Horizon in Islamic Finance (2): Boom in Islamic Equity Investment,” Islamic Finance Now (ASAHI Middle East Magazine, online), 25 March 2011. (in Japanese)

List of Academic Presentations during 2010:

Shinsuke NAGAOKA “Why Islamic Economics in Japan? Methodology and Case Study,” presented at IRTI Internal Seminar, Islamic Research and Training Institute at Islamic Development Bank, Saudi Arabia, 27 June 2010 (Verbal Presentation).
Shinsuke NAGAOKA “Islamic Finance in East Asia: Current Situation & Future Prospects,” presented at Durham Islamic Finance Summer School 2010, Durham University, UK, 7 July 2010 (Verbal Presentation).
Shinsuke NAGAOKA “Islamic Finance in Jordan: A Pioneer or an Emerging Market?,” presented at Fourth Kyoto-Durham International Workshop in Islamic Economics and Finance, New Horizons in Islamic Economics: Country Case Studies ? Developments in Islamic Economics and Finance, Durham University, UK, 12 July 2010 (Verbal Presentation).
Shinsuke NAGAOKA “Coordinating Sharia Legitimacy with Economic Feasibility in Islamic Finance: Explaining the Divergence from the Multiple Diversities Perspective,” presented at Third World Congress of Middle Eastern Studies (WOCMES), Universitat Autonoma de Barcelona, Spain, 21 July 2010 (Verbal Presentation

2011 G-COE Research Outcome:

Shinsuke NAGAOKA “Islamic Finance as a Model of the Sustainable Financial System: Lessons from Financial Activities in the Pre-modern Islamic World,” World Financial Review, May-June, pp. 42-45, 2011.
Shinsuke NAGAOKA “Islamic Finance at the Two-Edged Blade? Conflict and Coordination between Sharia Legitimacy and Economic Feasibility,” in Finance islamique: regar(s) sur une finance alternative. Mazars: Blida (Algeria), pp. 268-273, 2011.
Shinsuke NAGAOKA “New Horizon in Islamic Finance (3): More Islamic Finance, More Sharia Compliant,” Islamic Finance Now (ASAHI Middle East Magazine, online), 8 April 2011. (in Japanese)
Shinsuke NAGAOKA “Islamic Finance in Globalization,” The Economist, 6 September, 2011. (in Japanese)
Shinsuke NAGAOKA “Book Review: Yoshiaki Morozumi Credit and Prohibition of Interest in Islamic Law,” Legal History Review 61, 2011 (printing). (in Japanese)

List of Academic Presentations during 2011:

Shinsuke NAGAOKA “Recent Developments in Islamic Economics and Modern Reforms to Islamic Law,” presented at NIHU Program: Islamic Area Studies, WIAS and KIAS joint Seminar, The Principles behind Islamic Social Practices, First Seminar of 2011, Waseda University, 16 July 2011 (Verbal Presentation in Japanese).
Shinsuke NAGAOKA “Who makes ‘Islamic Economy’ in the Modern World: A Case Study of Islamic Financial Products,” presented at the Area Studies Workshop for the Next Generations (Japan Consortium for Area Studies), Osaka University, 6 November 2011 (Verbal Presentation in Japanese).
Shinsuke NAGAOKA “Islamic Finance for Sustainable Development: Its Historical Background and Potentialities in the Modern World,” presented at the 8th International Conference on Islamic Economics and Finance, Qatar National Convention Centre, Doha, Qatar, 21 December 2011 (Verbal Presentation in English).