Islamic Finance And Impact Investing

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Islamic Finance and Impact Investing

Author : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Publisher : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4./5 ( download)

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Book Synopsis Islamic Finance and Impact Investing by : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)

Download or read book Islamic Finance and Impact Investing written by United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and published by United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD). This book was released on 2016-01-07 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The worlds of Islamic finance and impact investing are growing daily, and rapidly. This report attempts to provide a brief and indicative overview of both universes: conventional impact investing and Islamic financing. The report focuses on relevant topics to provide context for recommendations for ways in which the IICPSD is well-suited to act as leader. For the purposes of this report, emphasis was placed on the IICPSD’s goals of fostering private sector development. The overall strategy for this scope of work involves 4 main parts, divided into 8 sections. In section 4, indicative recommendations are made for IICPSD to consider to promote and grow the area of convergence to create dialogue around Islamic impact investing. These four main parts include: • Background on and outlining the universe of impact investing • Providing context for Sharia investments • Identifying areas of current overlap • Devising strategies to grow the area of overlap.

I for Impact: Blending Islamic Finance and Impact Investing for the Global Goals

Author : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Publisher : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and Islamic Development Bank
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4./5 ( download)

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Book Synopsis I for Impact: Blending Islamic Finance and Impact Investing for the Global Goals by : United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)

Download or read book I for Impact: Blending Islamic Finance and Impact Investing for the Global Goals written by United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and published by United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and Islamic Development Bank. This book was released on 2017-05-15 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2030 Agenda for Sustainable Development offers a masterplan to create a better world for the people and the planet. It’s scale and ambition, however, requires new development partnerships supported by adequate financial and technical resources. As a response, development practitioners started to explore alternative and complementary innovative instruments to finance the SDGs -one of which is the prospects for increased cooperation and coordination between Islamic finance and impact investing. To date, however, the academic and development literature has lacked a systematic exploration of this promising collaboration between Islamic finance and impact investing. This present study attempts to fill this gap by developing the first knowledge product to increase awareness on this collaboration. I for Impact attempts to raise awareness on the compatibility between Islamic finance and impact investing. It reviews recent developments and key factors for growth, pinpoints similarities between the two sectors, and makes policy recommendations for development actors to create the conditions for the two sectors to benefit from each other.

Sustainable, Responsible, and Impact Investing and Islamic Finance

Author : Usman Hayat
Publisher :
ISBN 13 : 9781942713807
Total Pages : pages
Book Rating : 4.7/5 (138 download)

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Book Synopsis Sustainable, Responsible, and Impact Investing and Islamic Finance by : Usman Hayat

Download or read book Sustainable, Responsible, and Impact Investing and Islamic Finance written by Usman Hayat and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Islamic Finance for Green and Sustainable Projects and Ventures

Author : Mohamed Ebrahim
Publisher :
ISBN 13 : 9781705476611
Total Pages : 105 pages
Book Rating : 4.4/5 (766 download)

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Book Synopsis Islamic Finance for Green and Sustainable Projects and Ventures by : Mohamed Ebrahim

Download or read book Islamic Finance for Green and Sustainable Projects and Ventures written by Mohamed Ebrahim and published by . This book was released on 2019-11-05 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the United Nations - Sustainable Development Goals (SDG's) have risen to the top of the development agenda, with an emphasis on a partnership approach between the financed and financier. Given the scale of the financial resources required to support the SDG's, coupled with the strain on government budgets, the mobilization of financing through innovative instruments becomes imperative. Islamic finance, through the Maqasid al Sharia - Islamic moral economy values being the foundation for Islamic finance, where participatory modes of finance take centre stage. Hence, the potential of the use of Islamic finance to support "Green" investments to finance the SDG's this has been receiving increased attention. With recent issues of "Green" Sukuk to finance climate friendly projects, water and sanitation projects, clean energy projects. This is enhanced by the rise of the class of Ethical Social Governance (ESG) friendly investor and investment manager, who will mobilise the funds for investing in green sustainable projects. This is enhanced by the rise of the class of Ethical Social Governance (ESG) friendly investor and investment manager, who will mobilize the funds for investing in green sustainable projects. It is in this melting pot of ESG, Islamic moral value-based financial products, and impact investing, where innovative participatory finance will fusion to enable funding for green sustainable projects to actualize the SDG's, that this book is about.

Islamic Finance and Circular Economy

Author : Syed Nazim Ali
Publisher : Springer Nature
ISBN 13 : 9811660611
Total Pages : 336 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Islamic Finance and Circular Economy by : Syed Nazim Ali

Download or read book Islamic Finance and Circular Economy written by Syed Nazim Ali and published by Springer Nature. This book was released on 2021-12-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to provide a critical overview and theoretical analysis of the Circular Economy from Shariah and Islamic Finance perspectives. The book is divided into three parts. The contributing authors pay close attention to Islamic Finance in light of sustainability and value creation. It also includes case studies on the Circular Economy application in Islamic Finance industry. The book is of interest to academics, students, and practitioners on Islamic Economics and Finance who have an interest in understanding the Circular Economy under the lens of Islamic Finance principles and applications.

Gulf Capital and Islamic Finance: The Rise of the New Global Players

Author : Aamir Rehman
Publisher : McGraw Hill Professional
ISBN 13 : 0071713247
Total Pages : 352 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis Gulf Capital and Islamic Finance: The Rise of the New Global Players by : Aamir Rehman

Download or read book Gulf Capital and Islamic Finance: The Rise of the New Global Players written by Aamir Rehman and published by McGraw Hill Professional. This book was released on 2010-01-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed overview of Sharia-compliant finance—one of today’s most dynamic and influential sectors Islamic banks, which are becoming increasingly wealthier, are ever in search of sharia-compliant investments. In order to capitalize on this new development, investing professionals must familiarize themselves with this burgeoning investing method. Gulf Capital & Islamic Finance introduces bankers, money managers, and investors to the strategic and technical aspects of Islamic finance, covering a broad range of vehicles, including Islamic bonds, Sukuks, ETFs, and takaful (Islamic insurance). In an era of evaporating liquidity and endless adjustments to economic crises, Islamic finance is one of the few areas that continues to grow.

Islamic Finance and Sustainable Development

Author : Mohd Ma'Sum Billah
Publisher : Taylor & Francis
ISBN 13 : 1040024742
Total Pages : 246 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Islamic Finance and Sustainable Development by : Mohd Ma'Sum Billah

Download or read book Islamic Finance and Sustainable Development written by Mohd Ma'Sum Billah and published by Taylor & Francis. This book was released on 2024-05-07 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interest in improving Environmental, Social and Governance (ESG) outcomes among stakeholders of Islamic banking and finance has become front and centre in the discussions relating to Islamic sustainable finance. This book offers an expansive overview of the relevant issues, global initiatives and trends in the management, governance, and operation of Islamic sustainable impact finance. It identifies the models and mechanisms required to achieve sustainable impact finance in the context of Islamic investment and project development and collects and observes the latest approaches in maintaining and fulfilling the principles of Shariah-compliance in Sustainable Development Goals and Environmental, Social and Governance-oriented projects. The book also explores conventional financing instruments, which are being used in modern practice. While Islamic sustainable finance provides a positive change in the Islamic banking and finance industry globally, implementing it is not without its challenges. Such challenges, such as the fulfilment of Shariah-compliance requirements, both legally and jurisprudentially, and the application and development of modern innovative products and hybrid models of classical products are highlighted and addressed in the book. The book delves into the current management practices of Islamic banking and finance, which promote Islamic sustainable impact finance and outlines strategies for meeting sustainable investments and projects. Other factors, such as the latest technology, regulations and social, political and economic policies are also considered. Evidence is provided via case studies from selected countries that participate actively in the Islamic banking and finance industry globally. The book will attract a wide audience from researchers, scholars, and students to stakeholders of Islamic banking and finance, regulators, policy makers and Shariah-compliant practitioners.

Crowd Funding and its Application in Islamic Finance. Issues and Challenges

Author : Salman Syed
Publisher : GRIN Verlag
ISBN 13 : 3668737096
Total Pages : 29 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis Crowd Funding and its Application in Islamic Finance. Issues and Challenges by : Salman Syed

Download or read book Crowd Funding and its Application in Islamic Finance. Issues and Challenges written by Salman Syed and published by GRIN Verlag. This book was released on 2018-06-26 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project Report from the year 2014 in the subject Business economics - Investment and Finance, grade: 3.67, , course: Chartered Islamic Finance Professional, language: English, abstract: The Islamic crowdfunding concept despite of no history as such in the past are still much demanded and appraised in the Islamic as well as conventional economies. Also, in the backdrop of a rising global Muslim population, attractiveness of the much necessitated halal products and services and increasingly conscious investors, the Islamic CF platform will serve to narrow the financing/funding gap which is currently posing a threat to striving entrepreneurships and subsequent economic growth and social benefit, especially in low-income and developing economies. Islamic value driven approach fits well within the growing fascination towards socially responsible and ethical investing. This paper has discussed the Islamic CF portals available in the Muslim world and how their mechanism is being applied. These platforms are not limited to Muslim communities rather they are general public focused and economic growth driven engines which if used with efficacy can result in astounding results.. We believe that if Islamic CF is made available to the financially inclusive economies, it will be beneficial for them for their development. Furthermore, to overcome religious and social barriers in order to vitalize economic progress resulting from innovative and creative entrepreneurship, Islamic CF platform will follow a more proactive approach regarding those projects which create positive value, over and above financial gain, such as those supporting the growth of green economies, conservation of resources, sustainable development, job creation and specifically, etc.

Islamic Sustainable Finance

Author : Mohd Ma'Sum Billah
Publisher : Taylor & Francis
ISBN 13 : 1040024696
Total Pages : 254 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Islamic Sustainable Finance by : Mohd Ma'Sum Billah

Download or read book Islamic Sustainable Finance written by Mohd Ma'Sum Billah and published by Taylor & Francis. This book was released on 2024-05-07 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central idea of sustainability in the modern world is intricate and ever-changing. Closely related to the realm of finance and socioeconomic discussion, the phrase “sustainable impact finance” has become increasingly popular among bankers, practitioners, financial analysts, investors and the relevant experts seeking an impactful connection between the best financing mechanisms or tools and sustainable development related investments or projects. This book opens up the discussion by offering a Shari’ah-compliance perspective. It is a primer on how Islam addresses and offers solutions to the challenges facing us within the spirit of maqasid al-Shari’ah, among others, in tackling poverty, food supply, health and well-being, quality education, reducing inequalities, responsible consumption and production and climate action. It discusses the connection between Islamic sustainable finance and the Sustainable Development Goals (SDGs) and explains the strategic action-plan of Islamic banks towards achieving Islamic sustainable finance. The book considers the relevant policies and regulations, evaluating the role of regulators, discussing jurisprudential solutions and focusing on the role of Islamic banking standards in relation to Islamic sustainable finance. Further, it explores the issue of risk mitigation and the effective role of Takaful. It presents a practical case study from the banking industry in Malaysia, which evaluates the carbon footprint of bank loans and climate change risk mitigation. Finally, it highlights sustainable finance innovations in an Islamic concept. The book will appeal to advanced students, researchers and scholars of Islamic banking and finance, as well as those concerned with environmental social governance and Sustainable Development Goals research. Regulators, policy makers and Shari’ah-compliant practitioners will also find it to be a useful guide.

Islamic Finance and Sustainable Development

Author : M. Kabir Hassan
Publisher : Springer Nature
ISBN 13 : 3030760162
Total Pages : 395 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Islamic Finance and Sustainable Development by : M. Kabir Hassan

Download or read book Islamic Finance and Sustainable Development written by M. Kabir Hassan and published by Springer Nature. This book was released on 2021-08-13 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is a collection of chapters discussing the Sustainable Development Goals in the broader context of Islamic finance along with mapping the SDGs with Maqasid Al-Shariah. It provides a framework for both Muslim and non-Muslim countries to develop a sustainable economy which encompasses not only the concept of the welfare state but also supports development-related activities, ensures financial inclusion through equal distribution of wealth and alleviation of poverty, and protects the overall environmental and ecological system. More specifically, this book explores various aspects of Islamic finance in relation to parameters of SDGs; restructuring of Islamic finance and connecting its dots in the light of SDGs; Islamic perspective on ESG and ecological quality; interest-free tools and modernization of Islamic financial institutions for sustainable development and economic stability; and the role of Islamic finance in infrastructure-related development activities. Consistent with the view that SDGs are embedded within the theme of Islamic finance, this book is specifically designed to meet the needs of key regulatory institutions, academic scholars, and industry practitioners both in the field of Islamic finance and sustainable finance.

Islamic Asset Management

Author : Bayt al-Tamwīl al-Kūwaytī
Publisher : Euromoney Books
ISBN 13 : 9781843741213
Total Pages : 316 pages
Book Rating : 4.7/5 (412 download)

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Book Synopsis Islamic Asset Management by : Bayt al-Tamwīl al-Kūwaytī

Download or read book Islamic Asset Management written by Bayt al-Tamwīl al-Kūwaytī and published by Euromoney Books. This book was released on 2004 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the aspects of structuring and investing by learning from more than 20 leading experts in the field of Islamic finance from across the globe and across the world of Islamic Asset Management.

A Socially Responsible Islamic Finance

Author : Umar F. Moghul
Publisher : Springer
ISBN 13 : 3319488414
Total Pages : 315 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis A Socially Responsible Islamic Finance by : Umar F. Moghul

Download or read book A Socially Responsible Islamic Finance written by Umar F. Moghul and published by Springer. This book was released on 2017-02-07 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how, through spirituality and the development of character, Islamic financial institutions and Muslim communities can integrate their businesses with contemporary social responsibility initiatives to produce positive social and environmental impact. From the looming environmental crisis to the divide between mainstream and extremist interpretations of Islam, the book addresses significant questions facing Muslim communities – and humanity – and demonstrates why Islam should sit ‘at the table’ with other faiths and ethical traditions discussing humanity’s great obstacles. Unlike existing literature, this work explores the intersections between classical Islamic ethics and spirituality, contemporary Islamic finance and economic markets, and select sustainability and impact initiatives (such as the Equator Principles and UN Principles of Responsible Investment) designed to make the worlds of business and finance responsible for the environments in which they operate and the communities that support them. Drawing on his years of experience in Islamic banking, Moghul addresses these applications in light of real-world practices and dilemmas, demonstrating how Islamic organizations and Muslim communities should embrace the broad range of stakeholders countenanced by the Shari’ah in conversations that affect them. By situating his exploration of Islamic finance in the light of the much larger critical issues of balance, justice, and moderation in Islamic praxis, Moghul creates an interdisciplinary book that will appeal to academics and researchers in economics, finance, business, government and policy, and law.

Islamic Capital Markets

Author : Kabir Hassan
Publisher : John Wiley & Sons
ISBN 13 : 0470689579
Total Pages : 481 pages
Book Rating : 4.4/5 (76 download)

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Book Synopsis Islamic Capital Markets by : Kabir Hassan

Download or read book Islamic Capital Markets written by Kabir Hassan and published by John Wiley & Sons. This book was released on 2011-04-04 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic Finance has experienced rapid growth in recent years, showing significant innovation and sophistication, and producing a broad range of investment products which are not limited to the complete replication of conventional fixed-income instruments, derivatives and fund structures. Islamic Finance represents an elemental departure from traditional interest-based and speculative practices, relying instead on real economic transactions, such as trade, investment based on profit sharing, and other solidary ways of doing business, and aims to incorporate Islamic principles, such as social justice, ecology and kindness, to create investment products and financial markets which are both ethical and sustainable. Products created according to Islamic principles have shown a low correlation to other market segments and are relatively independent even from market turbulences like the subprime crisis. Therefore, they have become increasingly popular with secular Muslims and non-Muslim investors, as highly useful alternative investments for the diversification of portfolios. In Islamic Capital Markets: Products and Strategies, international experts on Islamic Finance and Sharia'a Law focus on the most imminent issues surrounding the evolution of Islamic capital markets and the development of Sharia'a-compliant products. The book is separated into four parts, covering: General concepts and legal issues, including Rahn concepts in Saudi Arabia, the Sharia'a process in product development and the integration of social responsibility in financial communities; Global Islamic capital market trends, such as the evolution of Takaful products and the past, present and future of Islamic derivatives; National and regional experiences, from the world's largest Islamic financial market, Malaysia, to Islamic finance in other countries, including Germany, France and the US; Learning from Islamic finance after the global financial crisis; analysis of the risks and strengths of Islamic capital markets compared to the conventional system, financial engineering from an Islamic perspective, Sharia'a-compliant equity investments and Islamic microfinance. Islamic Capital Markets: Products and Strategies is the complete investors' guide to Islamic finance.

Investing In Islamic Funds

Author : Noripah Kamso
Publisher : John Wiley & Sons
ISBN 13 : 1118638883
Total Pages : 174 pages
Book Rating : 4.1/5 (186 download)

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Book Synopsis Investing In Islamic Funds by : Noripah Kamso

Download or read book Investing In Islamic Funds written by Noripah Kamso and published by John Wiley & Sons. This book was released on 2013-05-13 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to Islamic investment opportunities from the CEO of the world's leading Islamic finance bank Offering an insider's perspective on a rapidly growing sector of the financial industry, Investing in Islamic Funds details the basic principles of Islamic investing for Muslims and non-Muslims alike. It explains how Islamic equity and fixed-income products differ from traditional funds, and how they deliver excellent results while still conforming to Sharia principles. Using hard data from the last six years, the book also reveals how Islamic funds have offered predictable, reliable returns in volatile markets and turbulent financial times. For institutional investors as well as sophisticated individual investors, the book serves as an excellent introduction to the subject and surveys the full range of products available. Additionally, the book will arm financial services professionals with the knowledge they need to explain this new investment opportunity to clients. One of the few books available that offers comprehensive data on the performance of Islamic funds in addition to the underlying theory that governs them Written by the CEO of CIMB-Principal Islamic Asset Management, the world's leading Islamic finance bank Features charts, case studies, comparative analysis, and a tabular data format Debunks the misconceptions traditional investors may have about the profitability Islamic funds For professional and institutional investors, as well as private investors looking for new opportunities, Investing in Islamic Funds offers a much-needed primer on this fast-growing market.

An Overview of Islamic Finance

Author : Mr. Mumtaz Hussain
Publisher : International Monetary Fund
ISBN 13 : 1513565621
Total Pages : 35 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis An Overview of Islamic Finance by : Mr. Mumtaz Hussain

Download or read book An Overview of Islamic Finance written by Mr. Mumtaz Hussain and published by International Monetary Fund. This book was released on 2015-06-02 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.

Wealth Management and Investment in Islamic Settings

Author : Toseef Azid
Publisher : Springer Nature
ISBN 13 : 9811936862
Total Pages : 415 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Wealth Management and Investment in Islamic Settings by : Toseef Azid

Download or read book Wealth Management and Investment in Islamic Settings written by Toseef Azid and published by Springer Nature. This book was released on 2022-09-29 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the theory, practices, challenges, key issues and potential future policies concerning investment and wealth management in connection with Islamic finance. There is a noted scarcity of literature on Islamic approaches towards wealth management from a jurisprudential perspective, and so this book aims to address this lacuna in available literature. It demonstrates strategies for wealth management in keeping with the Qur’an and Sunn’ah, posing questions relating to interest and investment, and proposing financial models for benefiting the poorer segments of society while simultaneously satisfying economic necessities in keeping with Islamic law. Given its breadth of scope, combining perspectives from scholars and practitioners with extensive experience in the banking and finance sector from different Islamic settings including Malaysia, Saudi Arabia, Sri Lanka, Brunei and Indonesia, this edited volume will benefit practitioners, researchers, and graduate students studying finance, economics and business management in an Islamic context.

The Art of Islamic Banking and Finance

Author : Yahia Abdul-Rahman
Publisher : John Wiley & Sons
ISBN 13 : 0470572612
Total Pages : 435 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis The Art of Islamic Banking and Finance by : Yahia Abdul-Rahman

Download or read book The Art of Islamic Banking and Finance written by Yahia Abdul-Rahman and published by John Wiley & Sons. This book was released on 2009-12-09 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed look at the fast-growing field of Islamic banking and finance The Art of Islamic Banking and Finance is a modern American take on what it means to incorporate Islamic finance principles into everyday banking and investment techniques by introducing a new brand of banking for all people of all faiths: The Riba-Free (RF) banking. The author is considered the father of RF (Islamic) banking in America. He has been a banker and an Imam/scholar for over 40 years in America since 1968. He started the tedious process with a finance company, LARIBA, in Pasadena, California in 1987. This is the first book ever in the field to trace the origins of prohibiting the renting of money at a price called interest rate and over-indulging in debt. The book reviews in great details the theological foundations of prohibiting interest in the Jewish Bible, the Christian Bible, and the Qur'aan. The author then discusses money and how fiat money is created, the role of the Federal Reserve, and the banking system in America. The book also discusses for the first time ever how to include an important aspect of RF (Islamic) finance using commodity indexation and marking the items to be financed to market in order to avoid participating in economic "bubbles." The author discusses how these rules work, how they affect consumer behavior, and how they change the role of the banker/financier. Covers a new pioneering model that is based on the Law (Shari'aa) and how it is applied in every transaction from joint ventures and portfolio management to home mortgages and personal financing Shows how to incorporate the Law (Shari'aa) into American financing and banking systems Points to RF (Islamic) finance and banking as a way to emphasize socially responsible investing The Art of Islamic Banking and Finance also includes a discussion on the emergence of a culture of RF (Islamic) banking and finance today, which is based on the real Judeo-Christian-Islamic spirit and very effective when compared to twentieth-century models that use financial engineering and structuring techniques to circumvent the Law (Shari'aa). The book also includes case studies based on the actual experience of the author and detailed analysis of the superior results realized by applying this new brand of banking to financing.