Islamic Banking In Pakistan

Author : Feisal Khan
Publisher : Routledge
Page : 204 pages
File Size : 44,5 Mb
Release : 2019-02-04
Category : Electronic
ISBN : 0367232022

Get Book

Islamic Banking in Pakistan by Feisal Khan Pdf

Islamic Banking and Finance (IBF) has become a growing force over the past three decades, with Pakistan being one of the IBF pioneers by converting to an 'interest-free' banking system in 1985. However, since independence in 1947, there has been continual tension over Pakistan's essential character, between Islamic Minimalists, who favour a Modernist interpretation of Islam, and those who favour an Islamic Maximalist interpretation that sees Pakistan as a model Islamic state. This book analyses the push to Islamize Pakistan and its financial system by Islamic revivalists, following the early 1947 debates in the original Constituent Assembly to the final 2002 ruling on IBF of the Shariat Appellate Bench of the Pakistan Supreme Court. It examines the practice and theory behind contemporary Islamic, "Shariah-compliant", banking. It offers extensive interviews with Pakistani Islamic bankers on the state of their industry and how they see it developing, and provides analysis on how the Islamic banks' customers differ from those of conventional ones. Presenting a critical analysis of Pakistan's IBF experience and offering a new insight into Pakistan's banking industry that illustrates broader political and social trends in the country, this book will be of interest to specialists on Islam, South Asia and International Economics. es analysis on how the Islamic banks' customers differ from those of conventional ones. Presenting a critical analysis of Pakistan's IBF experience and offering a new insight into Pakistan's banking industry that illustrates broader political and social trends in the country, this book will be of interest to specialists on Islam, South Asia and International Economics.

Author : Abdul Rafay
Publisher : Unknown
Page : 128 pages
File Size : 55,5 Mb
Release : 2020
Category : Banking law (Islamic law)
ISBN : 1799834727

Get Book

Growth and Emerging Prospects of International Islamic Banking by Abdul Rafay Pdf

"This book discusses the emergence, theories, and practices of Islamic banking around the globe"--

Author : M. Khan,M. Bhatti
Publisher : Springer
Page : 264 pages
File Size : 54,9 Mb
Release : 2008-07-11
Category : Business & Economics
ISBN : 9780230582309

Get Book

Developments in Islamic Banking by M. Khan,M. Bhatti Pdf

This book explores the theoretical and practical features of Islamic banking. Using Pakistan as a detailed illustration, the text discusses recent developments and future prospects, demonstrating the model underpinning interest-free banking. It assesses the practical success of interest-free banking at both individual banks and state level.

Author : Feisal Khan
Publisher : Routledge
Page : 238 pages
File Size : 55,7 Mb
Release : 2015-12-22
Category : Political Science
ISBN : 9781317366522

Get Book

Islamic Banking in Pakistan by Feisal Khan Pdf

Islamic Banking and Finance (IBF) has become a growing force over the past three decades, with Pakistan being one of the IBF pioneers by converting to an ‘interest-free’ banking system in 1985. However, since independence in 1947, there has been continual tension over Pakistan’s essential character, between Islamic Minimalists, who favour a Modernist interpretation of Islam, and those who favour an Islamic Maximalist interpretation that sees Pakistan as a model Islamic state. This book analyses the push to Islamize Pakistan and its financial system by Islamic revivalists, following the early 1947 debates in the original Constituent Assembly to the final 2002 ruling on IBF of the Shariat Appellate Bench of the Pakistan Supreme Court. It examines the practice and theory behind contemporary Islamic, "Shariah-compliant", banking. It offers extensive interviews with Pakistani Islamic bankers on the state of their industry and how they see it developing, and provides analysis on how the Islamic banks’ customers differ from those of conventional ones. Presenting a critical analysis of Pakistan’s IBF experience and offering a new insight into Pakistan’s banking industry that illustrates broader political and social trends in the country, this book will be of interest to specialists on Islam, South Asia and International Economics.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 30 pages
File Size : 50,8 Mb
Release : 1989-01-01
Category : Business & Economics
ISBN : 9781451925326

Get Book

Islamic Banking by International Monetary Fund Pdf

In an Islamic system, as interest is prohibited, banks are expected to operate solely on the basis of profit and risk sharing. This paper describes the developments in Islamic banking in Iran and Pakistan. As these two countries have initiated the most far-reaching experiments with Islamic banking, their experiences have a significant bearing on the feasibility of such a system. The developments in these countries are evaluated against the theory underlying the Islamic banking, and suggestions are made to achieve a more efficient system.

Author : Abdul Jabbar Khan
Publisher : Unknown
Page : 136 pages
File Size : 45,6 Mb
Release : 1991
Category : Banks and banking
ISBN : UOM:39015029700542

Get Book

Non-interest Banking in Pakistan by Abdul Jabbar Khan Pdf

Author : Muhammad Ayub (Banker)
Publisher : Unknown
Page : 350 pages
File Size : 49,8 Mb
Release : 2002
Category : Banking law
ISBN : STANFORD:36105025345658

Get Book

Islamic Banking and Finance by Muhammad Ayub (Banker) Pdf

Author : Safdar Alam
Publisher : Fidens Press
Page : 242 pages
File Size : 40,9 Mb
Release : 2019-06-19
Category : Business & Economics
ISBN : 8210379456XXX

Get Book

Islamic Banking in Practice - Volume 1 by Safdar Alam Pdf

In a sector where publications focus on theory, the Islamic Banking in Practice series concentrates solely on market practice. ​ The evolution of principles into practice is explained clearly and concisely. How is a simple sale of metal used to deliver a total return swap? The reader is guided, step-by-step, as to how financial institutions create products, whilst ensuring compliance with Islamic commercial law. ​ Written by a globally recognised practitioner and expert, structuring and transactions are presented and explained in detail, covering: Structuring Risk Pricing Execution Chapters include: Money markets FX transactions Using options, forwards, and swaps Structured deposits Total return swaps

Author : Kabir Hassan,Mervyn Lewis
Publisher : Edward Elgar Publishing
Page : 472 pages
File Size : 51,7 Mb
Release : 2009-01-01
Category : Business & Economics
ISBN : 1847205410

Get Book

Handbook of Islamic Banking by Kabir Hassan,Mervyn Lewis Pdf

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.

Author : Kiran Javaria,Omar Masood
Publisher : Cambridge Scholars Publishing
Page : 104 pages
File Size : 55,7 Mb
Release : 2019-01-18
Category : Reference
ISBN : 9781527526358

Get Book

Risk Management Implementation and Solutions for Islamic Banking and Finance by Kiran Javaria,Omar Masood Pdf

Islamic finance is a growing part of the global financial sector. The risks faced by Islamic banks are real, and how well they mitigate them will determine their future. This book answers questions regarding how Islamic Financial Institutions should focus on their risk management practices and the necessary solutions and policy implementation tactics. It also analyses the risk mitigation techniques Islamic institutions are putting to use, looking at different Islamic banks from across the world to investigate their strategies and solutions. Among the topics discussed here are the implementation and outcomes of Basel III, practical enterprise risk management practices, liquidity risk management, and the success story of the global takaful industry.

Author : Mohamed Ariff
Publisher : Institute of Southeast Asian Studies
Page : 228 pages
File Size : 48,8 Mb
Release : 1988
Category : Business & Economics
ISBN : 9971988984

Get Book

Islamic Banking in Southeast Asia by Mohamed Ariff Pdf

Islamic banking is the result of the untiring search for interest-free alternatives to conventional banking and it has been successfully introduced in the Middle East. However, in Southeast Asia, where there are large Muslim communities, Islamic banks are to be found only in Malaysia and the Philippines. Nevertheless, there is considerable interest in the possibility of establishing banking institutions and practices consonant with Islam in other countries in the region. In this book, scholars evaluate the role and performance of Islamic banking in Southeast Asia and examine the problems and prospects of establishing Islamic banks in countries where such banking does not exist.

Author : John R Presley
Publisher : Routledge
Page : 369 pages
File Size : 43,5 Mb
Release : 2012-05-31
Category : Business & Economics
ISBN : 9781136300035

Get Book

Directory of Islamic Financial Institutions (RLE: Banking & Finance) by John R Presley Pdf

When originally published this was the first reference book to address itself to Islamic banking and finance and it offers comprehensive information on all major institutions which have commercial or banking interests in this field. It includes analysis of the principles behind interest-free banking and indicates its relationship with financial institutions in both Islamic countries and Western ones. It also lists the laws governing interest-free banking in countries where it is extensively in operation and provides essential information for all international financial institutions. The Directory lists all banks and financial institutions by country, giving details of their specific role and areas of operation.

Author : Hussain Mohi-ud-Din Qadri,M. Ishaq Bhatti
Publisher : Routledge
Page : 423 pages
File Size : 41,6 Mb
Release : 2019-08-23
Category : Business & Economics
ISBN : 9780429557507

Get Book

The Growth of Islamic Finance and Banking by Hussain Mohi-ud-Din Qadri,M. Ishaq Bhatti Pdf

This book covers the recent literature concerning Islamic banking and finance (IBF), focuses on the history of IBF since its inception and introduces the latest innovative concepts and practices in the field. The authors cover important topics such as the role of ownership, Shari`ah compliance and governance structures in raising debt capital using IBF practices, including Fatwa issues and the use of benchmarking practices. The book also addresses topics like archival data, the influence of leverage on ownership structure, and sukuk structures, as well as misconceptions, threats, challenges and opportunities in IBF. Finally, the book deals with prominent issues such as business score-carding, Takāful (Islamic Insurance), IBF implications for block-chain-based fintech and finance hub concepts in Islamic microfinance models. This edited volume is an important contribution to the IBF literature as it provides a much-needed in-depth look into industry practices through the perspective of corporate finance and governance. With its interdisciplinary approach covering legal and financial issues along with a wide variety of notable contributors, this book will be a valuable reference guide to both teachers and students of Islamic banking and economics.

Author : Fuad A Al-Omar,Mohammed Abdel Haq
Publisher : Zed Books
Page : 168 pages
File Size : 53,7 Mb
Release : 1996-06
Category : Business & Economics
ISBN : STANFORD:36105018357157

Get Book

Islamic Banking by Fuad A Al-Omar,Mohammed Abdel Haq Pdf

Islam has a very specific approach to commercial transactions, the law of contract, interest charges, indeed to the very nature of property. For financial institutions operating in an Islamic environment, or seeking to meet the requirements of communities committed to Islamic law, this poses a variety of problems. This important book investigates how such a challenge can be met in practice. The authors investigate the way Islamic banks work within different economic, financial, social, legal and religious environments. They take the reader through the basic principles involved, the issues that arise, and the difficulties that are often encountered. Drawing on detailed studies of Islamic banking in London, Jordan, Turkey, Malaysia and Pakistan, they provide an understanding of how complex Islamic concepts impact upon the use of financial instruments, commercial priorities and services. Relationships with central banks, comparative analysis of financial statements and the role of Islamic banking in a development context are also covered. ISLAMIC BANKING will be essential reading to all those involved in the setting up and running of Islamic banking units in western countries, and a key resource for students of economics in the international arena.

Author : Imam Wahyudi,Fenny Rosmanita,Muhammad Budi Prasetyo,Niken Iwani Surya Putri
Publisher : John Wiley & Sons
Page : 432 pages
File Size : 47,5 Mb
Release : 2015-11-16
Category : Business & Economics
ISBN : 9781118734421

Get Book

Risk Management for Islamic Banks by Imam Wahyudi,Fenny Rosmanita,Muhammad Budi Prasetyo,Niken Iwani Surya Putri Pdf

Gain insight into the unique risk management challenges within the Islamic banking system Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. Using comprehensive global case studies, the book details the risks involving various banking institutions in Indonesia, Malaysia, UAE, Bahrain, Pakistan, and Saudi Arabia, pointing out the different management strategies that arise as a result of Islamic banking practices. Readers gain insight into risk management as a comprehensive system, and a process of interlinked continuous cycles that integrate into every business activity within Islamic banks. The unique processes inherent in Islamic banking bring about complex risks not experienced by traditional banks. From Shariah compliance, to equity participation contracts, to complicated sale contracts, Islamic banks face unique market risks. Risk Management for Islamic Banks covers the creation of an appropriate risk management environment, as well as a stage-based implementation strategy that includes risk identification, measurement, mitigation, monitoring, controlling, and reporting. The book begins with a discussion of the philosophy of risk management, then delves deeper into the issue with topics like: Risk management as an integrated system The history, framework, and process of risk management in Islamic banking Financing, operational, investment, and market risk Shariah compliance and associated risk The book also discusses the future potential and challenges of Islamic banking, and outlines the risk management pathway. As an examination of the wisdom, knowledge, and ideal practice of Islamic banking, Risk Management for Islamic Banks contains valuable insights for those active in the Islamic market.