Islamic Finance

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Publisher : Bloomsbury Academic
ISBN 13 : 9781849300179
Total Pages : 320 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Islamic Finance by : Various Authors

Download or read book Islamic Finance written by Various Authors and published by Bloomsbury Academic. This book was released on 2011-02-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic Finance: Instruments and Markets looks at the application of Sharia law to the world of banking and finance. It provides you with an understanding of the rationale behind the instruments and the rapidly developing Islamic financial markets. Coverage includes in-depth analysis of the financial instruments within the Sharia framework and how they are applied in various sectors including insurance, investment and capital markets. Regulatory issues are also discussed both from the role of the Sharia board to reporting financial risk to legal bodies. It addresses issues such as bringing a New Ethical Dimension to Banking through to The International Role of Islamic Finance and provides you with a range of checklists from Business Ethics in Islamic Finance to The Role of the Shariah Advisory Board in Islamic Finance and Regulatory and Capital Issues under Shariah Law.

Islamic Financial Products

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Publisher : Springer
ISBN 13 : 303017624X
Total Pages : 443 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Islamic Financial Products by : Mohd Ma'Sum Billah

Download or read book Islamic Financial Products written by Mohd Ma'Sum Billah and published by Springer. This book was released on 2019-06-28 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance has grown exponentially since 1963 and has reached more than 70 countries around the world with the asset size of about $2.5 trillion. The Islamic financial system today comprises a sizable asset base and there is evidence of sustained demand for Islamic financial products and services in the global market, with demand outstripping supply. This book provides a new source of understanding of the Islamic financial products in view of facilitating academia, industrialists, professionals, product designers, students and policymakers globally. There is a mass of literature on Islamic finance available to the market, but very little research is found in the form of book exclusively on Islamic financial products and their structures. Thus, this book is a timely contribution to the global market with Islamic financial product solutions.

Islamic Finance: Instruments and Markets

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Publisher : A&C Black
ISBN 13 : 1849300380
Total Pages : 586 pages
Book Rating : 4.8/5 (493 download)

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Book Synopsis Islamic Finance: Instruments and Markets by : Bloomsbury Publishing

Download or read book Islamic Finance: Instruments and Markets written by Bloomsbury Publishing and published by A&C Black. This book was released on 2010-11-15 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic Finance: Instruments and Markets looks at the application of Sharia law to the world of banking and finance. It provides you with an understanding of the rationale behind the instruments and the rapidly developing Islamic financial markets. Coverage includes in-depth analysis of the financial instruments within the Sharia framework and how they are applied in various sectors including insurance, investment and capital markets. Regulatory issues are also discussed both from the role of the Sharia board to reporting financial risk to legal bodies. It addresses issues such as bringing a New Ethical Dimension to Banking through to The International Role of Islamic Finance and provides you with a range of checklists from Business Ethics in Islamic Finance to The Role of the Shariah Advisory Board in Islamic Finance and Regulatory and Capital Issues under Shariah Law.

Rethinking Islamic Finance

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Publisher : Routledge
ISBN 13 : 1317064089
Total Pages : 112 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Rethinking Islamic Finance by : Ayesha Bhatti

Download or read book Rethinking Islamic Finance written by Ayesha Bhatti and published by Routledge. This book was released on 2018-12-12 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with ‘juristically sound’ Islamic principles. This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments. This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry.

Islamic Capital Markets

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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.

Fundamentals of Islamic Money and Capital Markets

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Publisher : John Wiley & Sons
ISBN 13 : 111850402X
Total Pages : 219 pages
Book Rating : 4.1/5 (185 download)

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Book Synopsis Fundamentals of Islamic Money and Capital Markets by : Azmi Omar

Download or read book Fundamentals of Islamic Money and Capital Markets written by Azmi Omar and published by John Wiley & Sons. This book was released on 2013-02-15 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive guide to Islamic financial markets Based on the course taught at the International Islamic University Malaysia, this is the first book on Islamic finance to focus exclusively on money and capital markets. Covering basic concepts as well as current practices in Islamic financial markets, the book features case studies from real markets. It outlines the theory of money in terms of value, supply, and demand, while explaining the Islamic capital markets in terms of classifications, types of operations, valuations of securities, Islamic unit trust, ETFs, Islamic stock broking, and much more. Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic finance The first guide to Islamic finance focused solely on money and capital markets An excellent introduction to money market principles for students in Islamic banking and finance, as well as researchers and current practitioners, Fundamentals of Islamic Money and Capital Markets is a vital resource on the subject.

Islamic Capital Markets

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Publisher : John Wiley & Sons
ISBN 13 : 111846513X
Total Pages : 389 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis Islamic Capital Markets by : Obiyathulla Ismath Bacha

Download or read book Islamic Capital Markets written by Obiyathulla Ismath Bacha and published by John Wiley & Sons. This book was released on 2013-08-05 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive examination of Islamic capital markets Taking a comparative approach to the subject, this text looks at the similarities and differences between Islamic capital markets and conventional capital markets. The book explains each particular topic from both the conventional and the Islamic perspective, offering a full understanding of Islamic capital markets, processes, and instruments. In addition to a full explanation of Islamic products, this approach also ensures a holistic understanding of the dual markets within which Islamic capital markets operate. Ideal for both students and current practitioners, The New Islamic Capital Markets fills a large gap in the current literature on the subject. Whereas most books in this field cover the topic only superficially, this book offers the depth of coverage and academic rigor needed by professionals and serious students. Fills a gap in the current literature on the subject with comprehensive coverage and in-depth explanations Takes a comparative and holistic approach to the subject and features case studies from Malaysia, Indonesia, the Middle East, and Europe Written by a professor of finance at the International Centre for Education in Islamic Finance (INCEIF) One of the few comprehensive, dedicated guides to the subject available, The New Islamic Capital Markets offers a full understanding of the subject for students and professionals alike.

An Overview of Islamic Finance

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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.

The Essentials of Islamic Banking, Finance, and Capital Markets

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Publisher : Rowman & Littlefield
ISBN 13 : 1666901040
Total Pages : 375 pages
Book Rating : 4.6/5 (669 download)

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Book Synopsis The Essentials of Islamic Banking, Finance, and Capital Markets by : John Oluseyi Kuforiji

Download or read book The Essentials of Islamic Banking, Finance, and Capital Markets written by John Oluseyi Kuforiji and published by Rowman & Littlefield. This book was released on 2022-11-15 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This multidisciplinary book on Islamic finance covers Islamic economic, financial, and legal systems, insurance (takaful), commercial jurisprudence, and the socio-political and political-economy of the Islamic world. It examines the dichotomies and similarities between Islamic and conventional financial systems and suggests future roles and governance of Islamic financial institutions. Distinctive features of the second edition include an emphasis on the theoretical foundations of Islamic finance, the distinctions between the micro- and macroeconomic concepts and theories to the readers, and an expansion on Islamic approved forms of trade dealings, transactions, and contracts. Furthermore, this work discusses the newly introduced Islamic capital market products of the years 2020 to 2022—including the transition from the inter-bank-offer-rates (IBORs) as global benchmark lending rate to the new risk-free-rates (RFRs) that became effective on January 1, 2022—and discusses the transition of Saudi Arabia Monetary Agency to Saudi Central Bank in 2020. Though every effort is made to avoid tedious mathematical proof and derivatives, this work provides working calculations for the pricing of Islamic instruments and provides supplemental materials in the form of faculty resources and students’ study guide and workbook. This work acts as a useful textbook for graduate and advanced undergraduate students who are looking at broadening their knowledge in finance. Similarly, this book is a helpful guide and tool for financial practitioners who are interested in learning more about the innovative discipline of Islamic finance. For financial practitioners to drive maximum benefits from this innovative financing mechanism, they need to know, understand, and participate in the investment opportunities which are provided by Islamic finance.

Introduction To Islamic Finance

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Publisher : CV. AZKA PUSTAKA
ISBN 13 : 6238323787
Total Pages : 322 pages
Book Rating : 4.2/5 (383 download)

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Book Synopsis Introduction To Islamic Finance by : Dimas Bagus Wiranatakusuma Genevieve G. Panerio

Download or read book Introduction To Islamic Finance written by Dimas Bagus Wiranatakusuma Genevieve G. Panerio and published by CV. AZKA PUSTAKA. This book was released on 2024-01-24 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of organizing economic activities in any nation is the production of products and services to satisfy human wants. In the modern era, however, where division of labor and specialization are on the rise, those who produce products and services are not typically the same as those who consume or use them. Consequently, it is necessary to substitute one commodity for another. Barter required a 'double coincidence of desires'; B needed to possess both what A desired and what A could offer in exchange. This arrangement restricted the types of transactions that could be conducted, occupied additional time that could have been spent on production, and impeded the specialization of production. The limitations that the barter system placed on human ambitions lead to the evolution of money.

The Islamic Finance Handbook

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Publisher : John Wiley & Sons
ISBN 13 : 1118814436
Total Pages : 256 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis The Islamic Finance Handbook by : REDmoney

Download or read book The Islamic Finance Handbook written by REDmoney and published by John Wiley & Sons. This book was released on 2014-04-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get up to speed quickly on the world's fastest growing financial sector The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets is the definitive report for the Islamic finance industry. Written by the industry's leading practitioners, the book provides a country-by-country breakdown of the current state of the Islamic market, including league tables by region and by country. Relevant case studies are used throughout to illustrate the practical aspect of the information presented. Organized for easy navigation, each chapter features sub-sections that allow instant comparison between countries in a specific area of interest. The Islamic finance industry is the world's fastest growing sector, valued at over U.S. $1.3 trillion by the UK Islamic Finance secretariat, with an annual growth of 24% for the past five years. To compete globally, practitioners need a true understanding of key markets within the industry. The Islamic Finance Handbook paints a clear picture of where each country stands in its development and role within the market, and provides a straightforward comparison between markets. Features include: Current macroeconomic and microeconomic conditions Regulatory and political situations Recent transactions, key participants, and the investor climate Real-world cases, as opposed to speculative scenarios The book places a clear focus on current conditions versus past performance, and on practical applications versus theoretical speculation. Each chapter is authored by a leading practitioner from within each country, allowing a true glimpse inside the day-to-day workings of the Islamic markets. For finance professionals who need to get up to speed on this rapidly growing sector, The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets is a clear, comprehensive guide.

Advances in Islamic Finance, Marketing, and Management

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Publisher : Emerald Group Publishing
ISBN 13 : 1786358999
Total Pages : 387 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis Advances in Islamic Finance, Marketing, and Management by : Dilip Mutum

Download or read book Advances in Islamic Finance, Marketing, and Management written by Dilip Mutum and published by Emerald Group Publishing. This book was released on 2016-12-22 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of interest to both academics and practitioners who assist in making Shariah-centric strategies, this work is particularly important as Asia holds a major percentage of Islamic assets in South Asia, Southeast Asia, and the Middle East, with new opportunities opening in Central Asia.

Islamic Finance in Europe

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Publisher : Springer
ISBN 13 : 3030040941
Total Pages : 338 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Islamic Finance in Europe by : Mohyedine Hajjar

Download or read book Islamic Finance in Europe written by Mohyedine Hajjar and published by Springer. This book was released on 2019-05-10 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information about Islamic finance in European countries is usually provided by professional-style reports, offering practical data on implementation of standardized products. However, precise developments about material legal provisions applicable to contracts and their actual legal regime are not often detailed. In order to fill this gap, 15 researchers from across Europe contributed to this project. They describe the state of actual Islamic finance in 10 European countries, as well as applicable EU law. By combining legal analysis with statistical description of existing practices and social demand, this book provides an exhaustive account of the current potential of Islamic finance in Europe.

Public Finance and Islamic Capital Markets

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Publisher : Springer
ISBN 13 : 1137553421
Total Pages : 185 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Public Finance and Islamic Capital Markets by : Syed Aun R. Rizvi

Download or read book Public Finance and Islamic Capital Markets written by Syed Aun R. Rizvi and published by Springer. This book was released on 2016-11-01 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the financing of government budgets with non-debt-creating flows through risk-sharing capital market instruments. It offers a comparative analysis with conventional finance to demonstrate the ability of Islamic capital market instruments to create an impetus for economic stability and growth. Rizvi, Bacha, and Mirakhor guide readers chronologically through the unfolding effects of macroeconomic policy implemented to reduce crippling sovereign debt, increase government financing, and guide governments to the path of economic progress.

Islamic Financial Markets and Institutions

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Publisher : Taylor & Francis
ISBN 13 : 100063289X
Total Pages : 372 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Islamic Financial Markets and Institutions by : Abul Hassan

Download or read book Islamic Financial Markets and Institutions written by Abul Hassan and published by Taylor & Francis. This book was released on 2022-08-12 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid pace of progress in the Islamic financial market and investment space, coupled with the COVID-19 pandemic and its aftermath and recovery, has provided the necessary challenges to build a strong case for Islamic investment. This timely and unique book focuses on the foundations of Islamic financial markets and institutions in the context of various products, their market application, Islamic asset management, and regulation. The authors provide a thorough overview of Islamic financing instruments and markets, such as Islamic debt and equity markets, through shares and the stock market, mutual funds, private equity, lease financing, Sukuk, green Sukuk, money market instruments, exchange-traded funds, cryptocurrencies, derivatives and so forth, which have emerged as alternative sources of financing. They offer insight into the numerous infrastructure institutions which have sprung up since the first decade of the new century, such as the Accounting and Auditing Organizations for Islamic Financial Institutions, Islamic Financial Services Board, Islamic International Rating Agency, and International Islamic Liquidity Management Corporation, as well as those being established, to satisfy different industry needs. With its uniquely competitive approach to the mainstream financial market, this book facilitates a greater understanding of the concept of Islamic investment. Through a discussion of the current state and future prospects of Islamic financial markets, the book's theoretical and practical approach offers academic, practitioners, researchers, students, and general readers a well-balanced overview of Islamic financial markets, its ethics, Shari’ah foundation, the instruments and operational mechanism used by Islamic capital, money, and debt markets.

An Introduction to Islamic Finance

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Publisher : John Wiley & Sons
ISBN 13 : 0470828110
Total Pages : 318 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis An Introduction to Islamic Finance by : Zamir Iqbal

Download or read book An Introduction to Islamic Finance written by Zamir Iqbal and published by John Wiley & Sons. This book was released on 2011-08-24 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the rest of the world, now fully revised and updated The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial system is exactly what we need to promote greater financial stability. Providing comprehensive coverage of the fundamental theory behind Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in recent years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance. Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could improve them Discusses all the most recent developments and emerging issues in Islamic finance Updated with the latest developments, trends, innovations, and statistics, this new edition features additional chapters on the financial crisis, globalization, non-bank financial institutions, and recent developments in Takaful (Islamic insurance) The first edition of An Introduction to Islamic Finance established the book as the market leader, and this newly revised and updated second edition incorporates the most recent developments in this booming financial sector, including financial stability, globalization, and non-banking financial institutions.

Handbook of Islamic Banking

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781847205414
Total Pages : 472 pages
Book Rating : 4.2/5 (54 download)

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Book Synopsis Handbook of Islamic Banking by : Kabir Hassan

Download or read book Handbook of Islamic Banking written by Kabir Hassan and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Islamic Banking comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization. M. Kabir Hassan, Mervyn Lewis and the other contributors have created an authoritative and original reference work, which will contribute to a wider understanding of Islamic banking as well as provoking further discussion and research. It will be invaluable to all scholars, researchers and policymakers with an interest in this subject.