Islamic Banking (Elgar Monographs)

Islamic Banking (Elgar Monographs)

By: M. K. Lewis (author), L.M. Algaoud (author)Hardback

2 - 4 weeks availability

Description

This is a book for students seeking an introduction to Islamic banking. It covers both the theory and the practice of Islamic banking in enough detail to make it easy to read and interesting. Difficult concepts are clearly explained without being overpowered by mathematics, and it is a "one-stop shop" for information on Islamic banking. With case studies taken from Islamic to mixed systems the development of Islamic banking is thoroughly explored, with history and analysis complementing the more theoretical issues like the prohibition of interest.

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Contents

Part 1 An introduction to Islamic banking: an outline of this book; what is Islamic banking?; a brief history; growth in recent decades. Part 2 Islamic law: the essence of Islam; nature and sources of Islamic jurisprudence; duties and obligations; Islamic financing principles. Part 3 The basis of Islamic banking: the prohibition on "riba"; profit-sharing arrangements - "mudaraba" and "musharaka"; funding operations; financing activities. Part 4 Islamic banking and financial intermediation: financial markets and intermediaries; modern theories of financial intermediation; the design of bank contracts; Islamic banking and the incentive problem; implications for Islamic banking. Part 5 Islamic financial systems: objectives of a complete Islamic financial system; ideal structure of the system; the Islamic financial system in practice; Islamization in Pakistan. Part 6 Islamic banking in mixed systems: growth of Islamic financial institutions; operations in the formative years; Islamic banking operations today; issues in Islamic banking; how Islamic is the financing?. Part 7 Corporate governance in Islamic banking: governance structures in banking; corporate governance in the Islamic bank; financial governance in practice; "shari'a" supervision; conclusion. Part 8 Islamic and Christian attitudes to usury: the lessons of history; foundations of the Christian position; why did Christians abhor usury?; comparing Islamic and Christian views; the Christian usury ban in practice; the Christian retreat; can Islam succeed?. Part 9 Directions in Islamic finance: "takafol" (Islamic insurance); Islamic unit trusts; Islamic investment banking; internationalization of Islamic banking. Part 10 Conclusions.

Product Details

  • publication date: 23/07/2001
  • ISBN13: 9781858988085
  • Format: Hardback
  • Number Of Pages: 288
  • ID: 9781858988085
  • weight: 545
  • ISBN10: 185898808X

Delivery Information

  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
  • Courier Delivery: Yes
  • Store Delivery: Yes

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