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Islamic Banking - Theory, Practice and Challenges (Paperback, New)
Loot Price: R1,414
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Islamic Banking - Theory, Practice and Challenges (Paperback, New)
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Islam 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
important book investigates how such a challenge can be met in
practice.
The authors investigate the way Islamic banks work within different
economic, financial, social, legal and religious environments. They
take the reader through the basic principles involved, the issues
that arise, and the difficulties that are often encountered.
Drawing on detailed studies of Islamic banking in London, Jordan,
Turkey, Malaysia and Pakistan, they provide an understanding of how
complex Islamic concepts impact upon the use of financial
instruments, commercial priorities and services. Relationships with
central banks, comparative analysis of financial statements and the
role of Islamic banking in a development context are also covered.
"Islamic Banking "will be essential reading to all those involved
in the setting up and running of Islamic banking units in western
countries, and a key resource for students of economics in the
international arena.
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