
"The Islamic finance industry is worth about $800bn globally and is growing at an annual rate of 10 to 15 per cent. The sector's dramatic growth since 2000, when it was worth $150bn, and profusion of investment products has been fuelled by an increasing desire by Muslims for investments that comply with Islamic law. Demand has also been triggered by the big increase in wealth in the Gulf, where gr...
Hardcover: 203 pages
Publisher: Spiramus Press; First Edition edition (January 28, 2009)
Language: English
ISBN-10: 1904905110
ISBN-13: 978-1904905110
Product Dimensions: 6.2 x 0.7 x 9.8 inches
Amazon Rank: 18241063
Format: PDF ePub Text TXT fb2 ebook
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I needed a book on this topic for my job. Now many business books are often superficial and have simply too many pages while to the point brevity is a quality. This book packs a lot of precise, high-quality information in only 200 pages - not one lin...
ubled since 2002 on the back of the soaring oil price." - Financial Times, May 30, 2008 ** Islamic banking has grown rapidly over the past decade and continues to grow, while many conventional banks and financial institutions write off billions of bad debt. In 30 years, Islamic banking has developed from local provision to providers of established international financial products. This book explains the principles of Islamic banking and finance. It also provides a guide to Islamic finance products - such as istisna'a, murabaha, musharaka, mudaraba, ijara, sukuk, and salam - so that the reader can understand the key concepts and main vocabulary of Islamic finance. Additionally, the book discusses the application of Islamic products to a variety of financial contexts - e.g. asset management, treasury, risk management, raising finance, tax. Islamic Banking and Finance also provides guidance on the regulatory frameworks for Islamic finance - the role of the Sharia'a Board, UK regulation, and international financial standards.