Welcome to our book review site go-pdf.online!
You may have to Search all our reviewed books and magazines, click the sign up button below to create a free account.
ISLAMIC FINANCE BANKING SYSTEM
With global assets expected to reach over a trillion dollars in the next few years, Islamic finance is the fastest-growing segment of the international financial services industry. This introductory guide takes readers on an in-depth tour of this exciting new world of opportunity, with profiles of the many diverse players and projections of Islam's hottest growth markets.
Islamic Finance and Banking System
This book, Islamic Finance and Banking System: Philosophies, Principles & Practices, introduces readers to the history and development of Islamic banking. It provides an in-depth discussion on the theoretical and conceptual aspects of Islamic banking. Key concepts in Islamic finance and banking, and how they are applied to provide alternative Islamic financing options, are examined. The vibrant and thriving takaful industry and Islamic capital market are also explored here. In addition, the book evaluates the role and development of special organizations related to the Islamic financial system.
Islamic Banking
None
A Comparative Study of Islamic Banking Practices
This paper examines the practices of Islamic banks from eleven Muslim countries. The selected areas include the usage of Sharia principles and the uses and sources of funds. Disparity exists especially in areas such as number of Sharia principles employed and its usage in banking activities. There are also differences in the sources and uses of funds among the sample banks. In the case of the sources of funds, the differences are due to the types of accounts available and Sharia principles adopted by banks in delivering those services. For the usage of funds, all banks tend to concentrate in mark-up financing activities. Variations also appear in the area of sectoral financing. These differences are largely influenced by the economic development of the country in which the Islamic bank operates.
Risk Management in Islamic Finance
This study addresses derivatives instruments in Islamic finance. It highlights the benefits of these instruments, their legal aspects and the appropriate alternatives. The forward, futures and options contracts in commodity markets are discussed and the arguments in favour of and against these instruments examined. The forward contracts issue includes the possibility of trading gold in forward basis, the forward market for currencies and the possible alternative to manage related risks. With the examination of futures contracts, the main arguments against such a contract are addressed, for example the sale prior to taking possession and the sale of debt hedging and speculation. The study proposes "khiyar al-shart" and "bay al-arbun" as tools of risk management and alternatives to options. The sale of pure rights is at the center of the admissibility of options in Islamic law and is investigated comprehensively.
