Introduction To Islamic Banking And Finance

Author : Brian Kettell
Publisher : John Wiley & Sons
Page : 193 pages
File Size : 45,8 Mb
Release : 2011-10-07
Category : Business & Economics
ISBN : 9781119990604

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Introduction to Islamic Banking and Finance by Brian Kettell Pdf

Introduction to Islamic Banking and Finance is a succinct guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking. This detailed book illustrates how Islamic banking is consistent with the Sharia'a, a key element of which is the prohibition on collecting and paying interest. This central religious precept appears to rule out most aspects of modern finance but it does allow money to be used for trading tangible assets and business, which can then generate a profit. Brian Kettell's book looks at all aspects of Islamic banking, including chapters on its creation and evolution through to detailed discussions of the issues involved in the Sharia'a contracts of Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a, and Salam. Islamic insurance (Takaful) is also covered. Finally the book takes a look at Sharia'a law and Sharia'a boards, indicating the roles and responsibilities that come with membership. Islamic banks have been operating in places such as Bahrain, Saudi Arabia, Malaysia and Dubai for some time. Conventional bankers have traditionally viewed the sector as a small, exotic niche but recent years have seen a dramatic surge in popularity. A number of Western investment banks have started working with Muslim clerics to create new ranges of financial products designed for devout Muslims, a large and growing market. Although estimates of the size of the Islamic finance industry vary greatly, everyone agrees that it is expanding rapidly and this is the perfect book for anyone looking to understand the industry.

Author : Brian Kettell
Publisher : John Wiley & Sons
Page : 193 pages
File Size : 54,7 Mb
Release : 2011-08-15
Category : Business & Economics
ISBN : 9780470978047

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Introduction to Islamic Banking and Finance by Brian Kettell Pdf

Introduction to Islamic Banking and Finance is a succinct guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking. This detailed book illustrates how Islamic banking is consistent with the Sharia'a, a key element of which is the prohibition on collecting and paying interest. This central religious precept appears to rule out most aspects of modern finance but it does allow money to be used for trading tangible assets and business, which can then generate a profit. Brian Kettell's book looks at all aspects of Islamic banking, including chapters on its creation and evolution through to detailed discussions of the issues involved in the Sharia'a contracts of Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a, and Salam. Islamic insurance (Takaful) is also covered. Finally the book takes a look at Sharia'a law and Sharia'a boards, indicating the roles and responsibilities that come with membership. Islamic banks have been operating in places such as Bahrain, Saudi Arabia, Malaysia and Dubai for some time. Conventional bankers have traditionally viewed the sector as a small, exotic niche but recent years have seen a dramatic surge in popularity. A number of Western investment banks have started working with Muslim clerics to create new ranges of financial products designed for devout Muslims, a large and growing market. Although estimates of the size of the Islamic finance industry vary greatly, everyone agrees that it is expanding rapidly and this is the perfect book for anyone looking to understand the industry.

Author : Brian Kettell
Publisher : Harriman House
Page : 264 pages
File Size : 50,5 Mb
Release : 2008
Category : Banking law (Islamic law).
ISBN : STANFORD:36105132226494

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Introduction to Islamic Banking and Finance by Brian Kettell Pdf

This book highlights the key characteristics of Islamicbanking which differentiate it from conventional banking.This detailed book highlights how Islamic banking isconsistent with the Sharia'a and, as such, an important partof the system is the prohibition on collecting interest.This central religious precept appears to rule out mostaspects of modern finance but it does allow money to be usedfor trading tangible assets and business, which can thengenerate a profit. Brian Kettell's book looks at all aspectsof Islamic banking, including detailed chapters on itscreation through to explanations of Murabaha and Musharakacontracts, Ijara and Istisna'a financing methods, as well asSalam and Takaful insurance. Finally the book takes a lookat Sharia'a law and Sharia'a boards, indicating the rolesand responsibilities that come with membership.

Author : M Kabir Hassan,Salman Ahmed Shaikh,Selim Kayhan
Publisher : World Scientific
Page : 257 pages
File Size : 48,5 Mb
Release : 2020-08-12
Category : Business & Economics
ISBN : 9789811222702

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Introduction To Islamic Banking And Finance: An Economic Analysis by M Kabir Hassan,Salman Ahmed Shaikh,Selim Kayhan Pdf

This book, Introduction to Islamic Banking and Finance: An Economic Analysis, covers the basic principles of Islamic economics and finance. It discusses both the theory of Islamic economics and finance as well as the applications in the design of instruments of finance as well as Islamic financial institutions. The book enables its readers to gain an understanding of the structures and operations of Islamic banking, Islamic capital market investments, risk management, and taxation for Islamic banking contracts.The book sets forth the following objectives:

Author : Muḥammad Taqī ʻUs̲mānī
Publisher : Arham Shamsi
Page : 169 pages
File Size : 40,6 Mb
Release : 1998
Category : Banks and banking
ISBN : 8210379456XXX

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An Introduction to Islamic Finance by Muḥammad Taqī ʻUs̲mānī Pdf

Author : Kabir Hassan,Rasem Kayed,Umar A. Oseni
Publisher : Unknown
Page : 456 pages
File Size : 50,5 Mb
Release : 2013
Category : Bankalar ve bankacılık
ISBN : 0273737317

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Introduction to Islamic Banking & Finance by Kabir Hassan,Rasem Kayed,Umar A. Oseni Pdf

Covering essential elements of Islamic Banking and Finance, as well as the latest views on topical debates surrounding the discipline, this text is essential reading for anyone seeking to understand this increasingly important sector of the finance industry. Written by Islamic scholars in the Arab world, this text gives new and pertinent insights into Islamic Banking and Finance, and its global impact.

Author : Zamir Iqbal,Abbas Mirakhor
Publisher : John Wiley & Sons
Page : 318 pages
File Size : 41,7 Mb
Release : 2011-08-24
Category : Business & Economics
ISBN : 9780470828113

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An Introduction to Islamic Finance by Zamir Iqbal,Abbas Mirakhor Pdf

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.

Author : Brian Kettell
Publisher : John Wiley & Sons
Page : 370 pages
File Size : 47,8 Mb
Release : 2010-05-17
Category : Business & Economics
ISBN : 9780470748619

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Islamic Finance in a Nutshell by Brian Kettell Pdf

The recent turbulence in the global financial markets has drawn attention to an alternative system of financial intermediation: Islamic banking and finance, which has so far remained on the sidelines of the unrest. Islamic Finance in a Nutshell is a quick and easy guide to understanding the fundamentals of Islamic Finance and how the Islamic Financial markets work. Designed as a quick read for practitioners needing to pick up the basics of the industry, it will enable readers to understand the differences Islamic and Western finance. Starting with the rise of Islamic finance, the book highlights the key areas which practitioners need to grasp to understand the marketplace including financial statement analysis, Sharia’a law, making money in the absence of interest and regulation. The book also provides readers with a basic guide to Arab terminology and a guide to the top financial institutions within the Islamic markets. This is an ideal guide for anyone with an interest in how these financial markets work, but who do not want to be bogged down in complex and unnecessary terminology.

Author : Dimas Bagus Wiranatakusuma Genevieve G. Panerio
Publisher : CV. AZKA PUSTAKA
Page : 322 pages
File Size : 43,9 Mb
Release : 2024-01-24
Category : Antiques & Collectibles
ISBN : 9786238323784

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Introduction To Islamic Finance by Dimas Bagus Wiranatakusuma Genevieve G. Panerio Pdf

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.

Author : Syeda Fahmida Habib
Publisher : John Wiley & Sons
Page : 327 pages
File Size : 49,9 Mb
Release : 2018-10-08
Category : Business & Economics
ISBN : 9781119371007

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Fundamentals of Islamic Finance and Banking by Syeda Fahmida Habib Pdf

A comprehensive and fully up-to-date introductory textbook to Islamic finance and banking Islamic finance and banking is being used increasingly globally — especially in the regions of Middle East and North Africa, South East and South Asia. To cater to the need of trained Islamic finance staff, a large number of Educational institutions are beginning to offer courses, majors and minors in Islamic finance and banking. The major challenge faced by these institutions are suitable textbooks for both undergrad and post-grad levels and especially with the relevant instructor resources (PPTs, test bank, practice activities and answer keys). Luckily, Fundamentals of Islamic Finance and Banking is here to cover the most important topics related to Islamic finance and banking (IF&B) that are relevant for students of business, finance and banking. Offers an historical background of Islamic finance Covers the principles of Sharia Law as pertinent to finance and banking Provides in-depth discussion of the six key Islamic banking products: Murabaha, Mudaraba, Musharaka, Ijara, Salam and Istisna Discusses the Islamic insurance (Takaful) Gives an overview of Islamic investment, especially Sukuks Concludes with the global standing of the Islamic Finance and Banking industry Would-be colleges and universities offering this subject as a course within their finance and/or banking program can’t be without this invaluable guide.

Author : Mr. Mumtaz Hussain,Asghar Shahmoradi,Rima Turk
Publisher : International Monetary Fund
Page : 35 pages
File Size : 51,6 Mb
Release : 2015-06-02
Category : Business & Economics
ISBN : 9781513565620

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An Overview of Islamic Finance by Mr. Mumtaz Hussain,Asghar Shahmoradi,Rima Turk Pdf

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.

Author : Brian Kettell
Publisher : John Wiley & Sons
Page : 193 pages
File Size : 49,9 Mb
Release : 2011-08-15
Category : Business & Economics
ISBN : 9780470978016

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Case Studies in Islamic Banking and Finance by Brian Kettell Pdf

Based around 13 individual cases, this book will stimulate discussion and develop the reader's understanding of Islamic finance by contrasting their existing theoretical knowledge against practical examples.

Author : Brian Kettell
Publisher : John Wiley & Sons
Page : 153 pages
File Size : 44,7 Mb
Release : 2011-10-14
Category : Business & Economics
ISBN : 9781119990628

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The Islamic Banking and Finance Workbook by Brian Kettell Pdf

The ongoing turbulence in the global financial markets has drawn attention to an alternative system of financial intermediation: Islamic banking and finance. This is now one of the fastest growing sectors within the market place and has, so far, remained on the sidelines of this unrest. Since the inception of Islamic banking thirty years ago the number and reach of Islamic financial institutions worldwide has risen significantly. Institutions offering Islamic financial services constitute a significant and growing share of the financial system in several countries, and market participants everywhere are joining the race to study and be a part of this emerging financial system. The Islamic Banking and Finance Workbook is a one-of-a-kind workbook on the topic, enabling readers to test their understanding of Islamic banking and finance concepts. Although suitable as a standalone learning tool, the book is designed to test the information covered in the companion book, Introduction to Islamic Finance and Banking, and covers the fundamentals of Sharia'a law, the Islamic contracts interpretations and definitions, Murabaha, Mudaraba, Musharaka, Istisna'a, Salam and Ijara modes of finance, Takaful and much more. Emphasis is placed on mini case studies, multiple choice questions and tests of the basic concepts. It also includes a full answer key and brief chapter summaries, as well as learning objectives. The Islamic Banking and Finance Workbook is an essential learning tool for students and practitioners who want to test their knowledge of the rapidly growing world of Islamic banking and finance.

Author : Angelo M. Venardos
Publisher : World Scientific
Page : 259 pages
File Size : 49,9 Mb
Release : 2006
Category : Business & Economics
ISBN : 9789812568885

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Islamic Banking & Finance in South-East Asia by Angelo M. Venardos Pdf

To truly understand the current interest in the development of Islamic banking and finance in South-East Asia and how it is different from the conventional banking system, one must first understand the religious relationship originating from the Qur'an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate Shari'ah law and Islamic jurisprudence. With this platform established in the first part of the book, readers are invited to learn about the financial products and services offered, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims.This second edition contains updates of statistics and dates with regards to the development of Islamic banking in Malaysia, Singapore, Indonesia and Brunei. In particular, the chapter on Singapore details significant developments such as the direction which major banks are taking towards Islamic banking and the increase in Islamic banking products being offered.Although written by a non-Muslim author, this highly-regarded book is being translated into Arabic by a leading Islamic university in the Middle East.

Author : Dr. Muhammad Ilham Sheikh
Publisher : Educreation Publishing
Page : 1010 pages
File Size : 53,9 Mb
Release : 2024-05-18
Category : Education
ISBN : 8210379456XXX

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Introduction to Islamic Finance and Banking by Dr. Muhammad Ilham Sheikh Pdf

This book entitled “Introduction to Islamic Finance & Banking” provides basic introduction about Islamic Finance and Banking in a precise way. It covers the topics related to the Business Ethics in Islam in a detailed way. It highlights the principles of Islamic Shari’ah as pertinent to finance and banking along with the Conventional banking. It provides a brief and to the point discussion of the key Islamic banking concepts like: Musharakah, Muḍarabah, Murābah, Ijārah, and Istisnah.