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Islamic banking    
        
Islamic financial practices are founded on the core belief that money is not an earning asset in and of itself. However, the system can only be understood in the context of Islamic attitudes towards ethics, wealth distribution, social and economic justice, and the role of the state. Principles encouraging risk sharing, individual rights and duties, property rights and the sanctity of contracts are all part of the Islamic code underlying the banking system. Islamic banking is one of the fastest growing segments of the financial services market in the Islamic world.

  
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TitleIslamic Banking: Theory, Practice and Challenges
Author/ EditorAl-Omar, F.A.; Haq, M.K.A.
Content Language(s)English
Type of DocumentBook
Abstract / DescriptionIslam 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 book investigates how such a challenge can be met in practice.

Drawing on detailed studies of Islamic banking in London, Jordan, Turkey, Malaysia and Pakistan, the authors provide an understanding of how complex Islamic concepts impact upon the use of financial instruments, commercial priorities and services.

KeywordsPARTNERSHIP FINANCE; ISLAMIC BANKING
CountryUNITED KINGDOM; TURKEY; PAKISTAN; MALAYSIA; JORDAN
Date of Publication/IssueJuly 1996
Order onlineZed Books
Order by EmailSales@zedbooks.demon.co.uk
PriceDollar (US) 22.50
PublisherZed Books
Publication LocationLondon, UK
ISBN1 85649 344 X
  
668 Knowledge Objects - 1024 Members - 83 Topics
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