By Zamir Iqbal,Abbas Mirakhor
the continued foreign monetary main issue has reignited debate over the improvement of a risk-sharing economic climate, corresponding to that required in Shariah legislation. An creation to Islamic Finance: idea and perform, moment Edition highlights the center rules of possibility sharing in Islam, arguing risk-sharing economic system is strictly what we have to advertise larger monetary stability.
delivering complete insurance of the basic thought in the back of Islamic finance and banking, in response to the middle techniques of Shariah legislation, authors Zamir Iqbal and Abbas Mirakhor in actual fact clarify the designated beneficial properties of an Islamic economic system and the way it compares with conventional monetary types. Addressing the myriad vital advancements that experience taken position in recent times, this moment version appears to be like to the longer term, addressing rising concerns certain to impression destiny advancements in Islamic finance.
- Explores the original positive factors of an Islamic economic system, how they evaluate to extra conventional monetary structures, and the way they can increase them
- Discusses all of the latest advancements and rising matters in Islamic finance
- Updated with the most recent advancements, tendencies, recommendations, and records, this new version positive factors extra chapters at the monetary difficulty, globalization, non-bank monetary associations, and up to date advancements in Takaful (Islamic insurance)
the 1st variation of An advent to Islamic Finance proven the booklet because the industry chief, and this newly revised and up to date moment variation accommodates the newest advancements during this booming monetary quarter, together with monetary balance, globalization, and non-banking monetary institutions.
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Extra resources for An Introduction to Islamic Finance: Theory and Practice (Wiley Finance)
An Introduction to Islamic Finance: Theory and Practice (Wiley Finance) by Zamir Iqbal,Abbas Mirakhor