Rethinking Islamic Finance
Download Rethinking Islamic Finance full books in PDF, epub, and Kindle. Read online free Rethinking Islamic Finance ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : Ayesha Bhatti |
| Publisher | : Routledge |
| Total Pages | : 112 |
| Release | : 2018-12-12 |
| Genre | : Business & Economics |
| ISBN | : 1317064089 |
Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with ‘juristically sound’ Islamic principles. This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments. This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry.
| Author | : Nabil Maghrebi |
| Publisher | : John Wiley & Sons |
| Total Pages | : 416 |
| Release | : 2016-01-06 |
| Genre | : Business & Economics |
| ISBN | : 1118990749 |
Explore Islamic finance at a deeper level Intermediate Islamic Finance: Theory and Practice fills the gap for students and professionals who are already familiar with the fundamentals of Islamic finance, but would like to gain an enhanced understanding of Islamic finance theories and practices. This comprehensive text provides you with coverage of global developments and describes the role of Islamic finance within the global finance community to guide you in your understanding of this important aspect of the international financial landscape. The book references advance concepts and specific problems in the practice of Islamic finance, provides suggested further readings for each chapter, offers details of advanced analysis, and presents key data in visual form via graphs, figures, and tables. Profound changes have taken place in the financial landscape over the past few decades, including major innovations in financial instruments and substantial changes in regulation. With global financial markets becoming increasingly important players in the industry, it is critical that today's financial professionals understand the essence and implications of key Islamic finance theories and practices. Build upon your fundamental understanding of Islamic finance Explore some areas of convergence and conflict between Islamic finance and conventional finance Strengthen the harmony between Islamic and conventional finance theories and their applications Prepare for a well-rounded career in finance by better understanding how Islamic finance principles apply Intermediate Islamic Finance: Theory and Practice is an essential text for graduate and post-graduate finance students, economists, researchers, bankers, financial regulators, policymakers, and members of the business community who want to develop a deeper understanding of Islamic finance theories and practices.
| Author | : Abdul Karim Aldohni |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2022 |
| Genre | : |
| ISBN | : |
| Author | : Hans Visser |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 296 |
| Release | : 2019-12-27 |
| Genre | : Business & Economics |
| ISBN | : 1786433508 |
In this extensively updated third edition, Hans Visser explores the ideas and concepts that drive and shape Islamic finance. This incisive book reviews the products, institutions and markets offered by Islamic finance in the modern marketplace, offering a critical discussion of the ways in which fiscal and monetary policy can be adapted to Islamic financial institutions. Visser offers new directions for economics and finance students, as well as students of Islamic finance and Islam studies more broadly.
| Author | : Nimat Hafez Barazangi |
| Publisher | : Routledge |
| Total Pages | : 280 |
| Release | : 2016-03-09 |
| Genre | : Religion |
| ISBN | : 1134770723 |
The Prophet Muhammad’s reported traditions have evolved significantly to affect the social, cultural, and political lives of all Muslims. Though centuries of scholarship were spent on the authentication and trustworthiness of the narrators, there has been less study focused on the contents of these narratives, known as Hadith or Sunnah, and their corroboration by the Qur`an. This book is a first step in a comprehensive attempt to contrast Hadith with the Qur`an in order to uncover some of the unjust practices by Muslims concerning women and gender issues. Using specific examples the author helps the reader appreciate and understand the magnitude of the problem. It is argued that the human rights and the human development of Muslim women will not progress in a meaningful and sustainable manner until the Hadith is re-examined in a fresh new approach from within the Islamic framework, shifting the discourse in understanding Islam from a dogmatic religious law to a religio-moral rational worldview. The author argues that such re-examination requires the involvement of women in order to affirm their authority in exegetical and practical leadership within Muslim societies, and she encourages Muslim women to stand up for their rights to effect change in understanding the role of sunnah in their own life.
| Author | : Mohammad Hashim Kamali |
| Publisher | : Kube Publishing Ltd |
| Total Pages | : 207 |
| Release | : 2014-12-22 |
| Genre | : Religion |
| ISBN | : 0860375781 |
This collection of essays brings together leading scholars and practitioners to discuss contemporary issues in the rapidly expanding sukuk market, and frankly debates the challenges facing it since the 2008 financial crisis. Highly recommended for practitioners, scholars, and students of Islamic finance. Professor Mohammad Hashim Kamali is the founding chairman and CEO of the International Institute of Advanced Islamic Studies (IAIS) in Malaysia, and is a leading authority in Islamic jurisprudence, Islamic finance, and human rights in Islamic law. A.K. Abdullah is an assistant research fellow at the IAIS.
| Author | : Odette Lienau |
| Publisher | : Harvard University Press |
| Total Pages | : 342 |
| Release | : 2014-02-18 |
| Genre | : Business & Economics |
| ISBN | : 0674726405 |
Conventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor its obligations damages its reputation. Yet should today's South Africa be responsible for apartheid-era debt? Is it reasonable to tether postwar Iraq with Saddam Hussein's excesses? Rethinking Sovereign Debt is a probing analysis of how sovereign debt continuity--the rule that nations should repay loans even after a major regime change, or else expect consequences--became dominant. Odette Lienau contends that the practice is not essential for functioning capital markets, and demonstrates its reliance on absolutist ideas that have come under fire over the last century. Lienau traces debt continuity from World War I to the present, emphasizing the role of government officials, the World Bank, and private markets in shaping our existing framework. Challenging previous accounts, she argues that Soviet Russia's repudiation of Tsarist debt and Great Britain's 1923 arbitration with Costa Rica hint at the feasibility of selective debt cancellation. Rethinking Sovereign Debt calls on scholars and policymakers to recognize political choice and historical precedent in sovereign debt and reputation, in order to move beyond an impasse when a government is overthrown.
| Author | : Abdullah Saeed |
| Publisher | : BRILL |
| Total Pages | : 188 |
| Release | : 1996 |
| Genre | : Business & Economics |
| ISBN | : 9789004105652 |
A critical study of the interpretation of "riba" in Islam, the attempts of Islamic banks to put the interpretation into practice, the problems associated with these attempts and an argument for rethinking the interpretation.
| Author | : |
| Publisher | : BRILL |
| Total Pages | : 317 |
| Release | : 2021-03-22 |
| Genre | : Social Science |
| ISBN | : 9004459235 |
Rethinking Halal reflects an anthropological revolution, that of the scientising, standardising, and normalising of social life through certification which is part of a process of ‘positivisation’ that directly affected Islam and Islamic normativity.
| Author | : Janine Jones |
| Publisher | : |
| Total Pages | : 432 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Though Islamic economics, often used synonymously with Islamic finance, possesses an extensive general bibliography, very little has been written about its historical development as an idea in the Arab world. Still less has addressed the relationship of Islamic economics to decolonization. Through a series of snapshots of specific historical junctures and special focus on the representative writings of Shiite cleric Muhammad Baqir al-Sadr, this dissertation traces the formative years of Islamic economics in the Arab world. Two primary questions drive the analysis in this project: First, why and how was Islamic economics conceived as a form of spiritual and material decolonization? Second, why did Islamic economics eventually come to be defined narrowly as a form of banking primarily derived from Western conventional models? An examination of Western conventional banking’s nineteenth century eclipse of previous Ottoman economic structures, followed by an analysis of the religious political economy driving the rise of Islamic finance as an idea in the early twentieth century, serve to introduce the origins of Islamic economics as an idea with enduring resonance, explaining its salience, urgency, and popular appeal. Then, the dissertation introduces the major relevant works of al-Sadr, Falsafatunā (Our Philosophy, 1959), Iqtiṣādunā (Our Economics, 1961) and its important second edition preface (1968), and Al-Bank al-lā-Ribawī (The Usury-Free Bank, 1969), analyzing them as canonical texts in the theorization and development of Islamic economics in practice, with specific reference to the surrounding moment of Arab decolonization in which they were written. Islamic economics, as idea and as phenomenon, is ultimately a form of identity assertion and religious reclamation as much as economic practice. As a form of banking, it served a further decolonizing goal: as a means to compete successfully in the global arena with its Western conventional counterpart. As such, Islamic economics is an example of decolonization in both the spiritual and material realms.
