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An Introduction to Islamic Finance: Theory and Practice

Amazon.com Price: $49.59 (as of 08/05/2019 18:00 PST- Details)

Categories: Books, Business and Finance, Business and Money, Economics, Finance, Humanities, International, Islam, Islamic Banking and Finance, New, Used and Rental Textbooks, Religion and Spirituality, Religious Studies, Specialty Boutique, Subjects

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Description

The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the remainder of the world, now fully revised and updated

The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial system is exactly what we want to promote greater financial stability.

Providing comprehensive coverage of the fundamental theory at the back of Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly provide an explanation for the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in contemporary years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance.

Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could make stronger them
Discusses all of the most contemporary developments and emerging issues in Islamic finance
Updated with the up to date developments, trends, innovations, and statistics, this new edition features additional chapters on the financial crisis, globalization, non-bank financial institutions, and contemporary developments in Takaful (Islamic insurance)

The first edition of An Introduction to Islamic Finance established the book as the market leader, and this newly revised and up to date second edition comprises the most contemporary developments in this booming financial sector, including financial stability, globalization, and non-banking financial institutions.

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An Introduction to Islamic Finance: Theory and Practice

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