An Introduction to Islamic Finance: Theory and Practice by Zamir Iqbal,Abbas Mirakhor

By Zamir Iqbal,Abbas Mirakhor

The first publication to supply complete insurance of Islamic finance and banking and its purposes to the remainder of the area, now totally revised and updated

the continuing overseas monetary main issue has reignited debate over the improvement of a risk-sharing economic system, equivalent to that required in Shariah legislation. An advent 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.

supplying complete assurance of the elemental thought in the back of Islamic finance and banking, in line with the center techniques of Shariah legislation, authors Zamir Iqbal and Abbas Mirakhor sincerely clarify the specified good points of an Islamic economic climate and the way it compares with conventional monetary types. Addressing the myriad very important advancements that experience taken position lately, this moment variation seems to the long run, addressing rising matters certain to effect destiny advancements in Islamic finance.

  • Explores the original beneficial properties of an Islamic economy, how they examine to extra conventional monetary platforms, and the way they can increase them
  • Discusses the entire latest advancements and rising matters in Islamic finance
  • Updated with the most recent advancements, traits, recommendations, and facts, this new version positive aspects extra chapters at the monetary concern, globalization, non-bank monetary associations, and up to date advancements in Takaful (Islamic insurance)

the 1st version of An advent to Islamic Finance tested the e-book because the marketplace chief, and this newly revised and up to date moment version comprises the latest advancements during this booming monetary quarter, together with monetary balance, globalization, and non-banking monetary institutions.

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