Shariah Investment Agreement

Author : Syed Adam Alhabshi,Abbas Mirakhor,Haji Mohd. Na’im Haji Mokhtar,Syed Othman Alhabshi
Publisher : Walter de Gruyter GmbH & Co KG
Page : 177 pages
File Size : 55,5 Mb
Release : 2021-02-08
Category : Business & Economics
ISBN : 9783110559743

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Shariah Investment Agreement by Syed Adam Alhabshi,Abbas Mirakhor,Haji Mohd. Na’im Haji Mokhtar,Syed Othman Alhabshi Pdf

Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque Tijarah contracts for investment purposes. This has contributed to the divergence between Shariah and Common Law and caused tremendous problems and systemic legal risks to Islamic finance. The authors of Shariah Investment Agreement introduce a legal tool in the form of a Shariah Investment Agreement carefully drafted to ensure that it is Shariah-compliant and can be applied in Common Law jurisdictions as well, so as to allow for the execution of risk-sharing investment in Islamic finance. It details the building blocks and key considerations that must be noted when drafting such agreements so the investor and investee will know what to expect when entering into such a contract. Proper implementation of the Shariah Investment Agreement will pave a clear route to a harmonious convergence between Shariah and Common Law and lead to Islamic finance developing further to become a stronger, unstoppable force in the finance industry.

Author : Hussein Kureshi,Mohsin Hayat
Publisher : John Wiley & Sons
Page : 300 pages
File Size : 47,5 Mb
Release : 2014-12-29
Category : Business & Economics
ISBN : 9781119020585

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Contracts and Deals in Islamic Finance by Hussein Kureshi,Mohsin Hayat Pdf

A very accessible and concise guide to Islamic finance Contracts and Deals in Islamic Finance provides a clear breakdown of Islamic financial contracts and deal structures for beginners. The embedded requirements within selected Islamic financial contracts, such as risk weightage, capital structures, creations of cash flows, and balance sheets, are explained fully to provide a solid understanding of the backbone of the industry. Aimed primarily at beginners and those with a background in conventional banking, this book guides readers through the major contracts, how they're applied, and how to discern a contract's legitimacy. Case studies and interviews with bankers and global regulators provide real-life examples of contract application, and the author's own experiences provide deep insight into the everyday issues that arise. Ancillary instructor's materials include PowerPoint slides and lecture notes that facilitate use in the classroom. Literature describing the application of Islamic financial contracts is few and far between, and those providing a basic breakdown of these contracts and questioning their validity are rarer still. This book is the first of its kind, offering a basic approach to understanding Islamic contracts, designed for the true beginner. Understand the current contracts applied in Islamic banking Learn how contracts are applied across different jurisdictions Identify illegitimate contracts and those not in the spirit of Shariah law Examine the current economic realities surrounding Islamic finance By highlighting the underlying themes in Islamic finance and assessing the current practices, this book gives readers the solid understanding and up-to-date perspective that form a solid foundation upon which successful Islamic finance is practiced. For a solid introduction to the Islamic finance industry, Contracts and Deals in Islamic Finance is an accessible, practical guide.

Author : MONZER KAHF
Publisher : Al Manhal
Page : 508 pages
File Size : 43,9 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9796500082219

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Islamic finance contracts by MONZER KAHF Pdf

"This book deals with an old subject, Islamic Finance contracts. Yet, it is very new and unique in its approach, ideas and arguments. The book classifies Islamic finance contracts in three categories; the first category consists of seven classical finance contracts whose details are given in the classical writings of Islamic jurisprudence (Fiqh), although in no other Fiqh publication these contracts are depicted and distinguished as specifically financing contracts. The second category consists of what I call traditional hybrid Islamic contracts which came about as a result of the 1970’s startup stage of Islamic banking and the search of Shari’ah compliant contracts which fit a process of financial intermediation. The third category consists of Islamic finance contracts which came about during the takeoff and open expansion stage of Islamic banking especially in the first decade of the new millennium. The uniqueness of the book comes from its approach of blending the legal description, conditions and requirements of each Islamic Finance contract with the economic and financial circumstances within which the contract fits and also from the emphasis on the financial consequences of each of the Islamic finance contracts. The book is also unique in bringing about comparison with contracts used in the conventional Western style finance transactions. It is an attempt of formulating the main elements of a general theory of Islamic finance which is internally coherent and also consistent with other components of Islamic economics. "

Author : Mohamed S. Abdel Wahab,Kabir Duggal
Publisher : BRILL
Page : 94 pages
File Size : 45,7 Mb
Release : 2022-09-19
Category : Law
ISBN : 9789004533172

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The Resurgence of the Unified Arab Investment Agreement and the Organisation for Islamic Cooperation Investment Agreement by Mohamed S. Abdel Wahab,Kabir Duggal Pdf

This book explores two large but often ignored multilateral investment instruments: the Unified Agreement for the Investment of Arab Capital in the Arab States and the Organisation of Islamic Cooperation Agreement for Promotion, Protection and Guarantee of Investments Among Member States.

Author : Mohsin Hayat,Hussein Kureshi
Publisher : Unknown
Page : 300 pages
File Size : 42,7 Mb
Release : 2015
Category : Business enterprises
ISBN : OCLC:1112550290

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Contracts and Deals in Islamic Finance by Mohsin Hayat,Hussein Kureshi Pdf

A very accessible and concise guide to Islamic finance Contracts and Deals in Islamic Finance provides a clear breakdown of Islamic financial contracts and deal structures for beginners. The embedded requirements within selected Islamic financial contracts, such as risk weightage, capital structures, creations of cash flows, and balance sheets, are explained fully to provide a solid understanding of the backbone of the industry. Aimed primarily at beginners and those with a background in conventional banking, this book guides readers through the major contracts, how they're applied, and how to discern a contract's legitimacy. Case studies and interviews with bankers and global regulators provide real-life examples of contract application, and the author's own experiences provide deep insight into the everyday issues that arise. Ancillary instructor's materials include PowerPoint slides and lecture notes that facilitate use in the classroom. Literature describing the application of Islamic financial contracts is few and far between, and those providing a basic breakdown of these contracts and questioning their validity are rarer still. This book is the first of its kind, offering a basic approach to understanding Islamic contracts, designed for the true beginner. Understand the current contracts applied in Islamic banking Learn how contracts are applied across different jurisdictions Identify illegitimate contracts and those not in the spirit of Shariah law Examine the current economic realities surrounding Islamic finance By highlighting the underlying themes in Islamic finance and assessing the current practices, this book gives readers the solid understanding and up-to-date perspective that form a solid foundation upon which successful Islamic finance is practiced. For a solid introduction to the Islamic finance industry, Contracts and Deals in Islamic Finance is an accessible, practical guide.

Author : David Price,Amelia Hallam
Publisher : Taylor & Francis
Page : 218 pages
File Size : 42,6 Mb
Release : 2024-06-03
Category : Law
ISBN : 9781040030790

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Investor-State Dispute Settlement and International Investment Agreements by David Price,Amelia Hallam Pdf

This book examines the international investment agreements and the dispute settlement mechanisms contained therein, which bind the Gulf Cooperation Council member States. The Gulf Cooperation Council (GCC), comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, is complex and unique. Recently, all member States have experienced increasing investor–state arbitration claims, while their nationals are increasingly instituting investor–state arbitrations to protect their own foreign investments. Intra-GCC disputes, though relatively rare, have also appeared, largely as a result of the recent Gulf crisis. While focussing particularly upon the investor–state dispute settlement experience of member States as respondents, the book also explores the experiences of their nationals as claimants to determine how they can approach investor– state dispute settlement in the future. The book also reflects on existing treaty-making practices, making recommendations for regional-level dispute settlement to improve upon investor–state dispute settlement outcomes. This book provides a detailed analysis of the global investor–state dispute settlement regime and international investment agreements, and it will be of interest to students, academics, and practitioners with an interest in international investment law and arbitration.

Author : Syeda Fahmida Habib
Publisher : John Wiley & Sons
Page : 327 pages
File Size : 51,8 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 : John R. Dewar,Salman Ahmed
Publisher : Unknown
Page : 0 pages
File Size : 55,9 Mb
Release : 2022
Category : Finance (Islamic law)
ISBN : 1804491217

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The Islamic Finance and Markets Law Review by John R. Dewar,Salman Ahmed Pdf

Author : Mr. Mumtaz Hussain,Asghar Shahmoradi,Rima Turk
Publisher : International Monetary Fund
Page : 35 pages
File Size : 53,7 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 : John A. Sandwick,M. K. Hassan,Pablo Collazzo
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 45,5 Mb
Release : 2021-03-26
Category : Business & Economics
ISBN : 9781800378407

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A Guide to Islamic Asset Management by John A. Sandwick,M. K. Hassan,Pablo Collazzo Pdf

This original book examines how investment theory and regulatory constraints are linked to the professional processes of portfolio investments, and how the principles of Islam as defined by sharia fit into these processes. It also explores the measures required to create and grow a global Islamic asset management industry.

Author : Faiza Ismail
Publisher : Taylor & Francis
Page : 167 pages
File Size : 48,7 Mb
Release : 2022-08-30
Category : Business & Economics
ISBN : 9781000643046

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Islamic Finance in the Financial Markets of Europe, Asia and America by Faiza Ismail Pdf

Among international financial centres (IFCs), London is known as the ‘Western hub of Islamic Finance’, on account of its well-developed legal infrastructure. However, Brexit has threatened London’s status and consequently, the financial services industry is moving to Dublin to continue operating in the Euro region. Similarly, Islamic finance (IF) service providers in the UK are also looking to Dublin for expansion of this niche area in euro member states. This is the first book to be written about Islamic finance operations in the Eurozone. The book offers an in-depth description of International Financial Centres and the growth of Islamic Finance, compares the growth of Islamic finance in London, Dubai and Kuala Lumpur, outlines the implications of Brexit for financial service providers in London in general and Islamic investors in particular and also presents a case study of Ireland to establish the latter as the most appropriate country to promote IF in the Eurozone. The time is particularly right for a book exploring the potential of Ireland to emerge as a Eurozone hub of Islamic finance, as a result of Britain’s exit from Europe. The book will cater to the needs of readers studying IF in the disciplines of economics, business, law, and religion. A secondary market includes practitioners, such as policymakers, lawyers, fund managers, accountants, regulators and international investors, who will be interested in exploring the benefits that the UK and Ireland have to offer the Islamic finance industry.

Author : DYNAMICS OF ISLAMIC FINANCE PRODUCTS AND CONTRACTS IN INDONESIA
Publisher : Tazkia
Page : 477 pages
File Size : 50,9 Mb
Release : 2018-06-22
Category : Antiques & Collectibles
ISBN : 9786027540163

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DYNAMICS OF ISLAMIC FINANCE PRODUCTS AND CONTRACTS IN INDONESIA by DYNAMICS OF ISLAMIC FINANCE PRODUCTS AND CONTRACTS IN INDONESIA Pdf

“Bank Indonesia terus berupaya mendukung pengembangan keuangan syariah melalui blueprint dengan pembentukan lima pilar strategis: Pengembangan produk dan pasar keuangan syariah, pengembangan sumber daya manusia, memperkuat kerangka kerja, pembiayaan untuk sektor riil dan UMKM serta mempromosikan struktur industri yang lebih efisien dan berpartisipasi dalam keuangan syariah global. Lahirnya buku Dinamika Produk dan Akad Keuangan Syariah di Indonesia ini tentu sejalan dengan upaya tersebut.” Agus D.W. Martowardojo Governor of Bank Indonesia “No doubt, Islam is a system and way of life which is intact and unified. It is not just a torch to truth and salvation, but also a complete guide to all aspects of life in this world, including in the financial sector. Publication of the book entitled The Dynamics of Islamic Financial Products and Contracts in Indonesia is one such proof. Islam emphasizes the ‘dualism of piousness’; pious in terms of spirituality and financial matters, and clearly the book is one of the ‘white paper’ that everyone should read” KH. Ma’ruf Amin The Chief of Indonesian Ulama Council

Author : Fernando Tupa
Publisher : BRILL
Page : 99 pages
File Size : 42,8 Mb
Release : 2023-02-17
Category : Law
ISBN : 9789004546028

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The Dilemma of Consent to International Arbitration in Investment Agreements without a Forum by Fernando Tupa Pdf

In this volume, Fernando Tupa explores the significance and practical consequences of the fundamental principle that consent to international arbitration is forum-specific, which is sometimes overlooked by investment tribunals.

Author : Andreas Jobst,Mr.Juan Sole
Publisher : International Monetary Fund
Page : 33 pages
File Size : 46,7 Mb
Release : 2012-03-01
Category : Business & Economics
ISBN : 9781463948290

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Operative Principles of Islamic Derivatives by Andreas Jobst,Mr.Juan Sole Pdf

Derivatives are few and far between in countries where the compatibility of financial transactions with Islamic law requires the development of shari'ah-compliant structures. Islamic finance is governed by the shari'ah, which bans speculation and gambling, and stipulates that income must be derived as profits from the shared generation of goods and services between counterparties rather than interest or a guaranteed return. The paper explains the fundamental legal principles underpinning Islamic finance with a view towards developing a cohesive theory of derivatives subject to shari'ahprinciples. After critically reviewing accepted contracts and the scholastic debate surrounding existing financial innovation in this area, the paper offers an axiomatic perspective on a principle-based permissibility of derivatives under Islamic law.

Author : Mr.Luca Errico,Ms.Mitra Farahbaksh
Publisher : International Monetary Fund
Page : 33 pages
File Size : 48,7 Mb
Release : 1998-03-01
Category : Business & Economics
ISBN : 9781451980417

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Islamic Banking by Mr.Luca Errico,Ms.Mitra Farahbaksh Pdf

This paper analyzes the implications of Islamic precepts on banks’ structure and activities, focusing on banking supervision issues. It points out and discusses these issues in the context of a paradigm version of Islamic banking, as well as in frameworks that fall between the paradigm version and conventional banking. The case of Islamic banks operating in a conventional system is also examined.