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Kube Publishing

Islamic Banking and Finance | Current Developments in Theory and Practice: Islamic Finance Principles & Shariah Compliant Banking

Islamic Banking and Finance | Current Developments in Theory and Practice: Islamic Finance Principles & Shariah Compliant Banking

Publisher: Kube Publishing
Author: Munawwar Iqbal
Language: English
Binding: Paper back
Pages: 449
Size: 15x21cm

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Description du livre

Islamic Banking and Finance | Current Developments in Theory and Practice offers an insightful exploration of the theories, principles, and practical applications of Islamic financial systems. As interest in ethical and Shariah-based finance continues to grow worldwide, this book provides a detailed explanation of Islamic finance principles and how they shape financial transactions and banking structures.

The book discusses key concepts such as risk sharing, the prohibition of interest (riba), ethical investment, and financial dealings that align with Islamic law. It also explains how Shariah compliant banking differs from conventional banking by promoting fairness, transparency, and socially responsible investment.

From Author:

This book is an attempt to provide an overview of such developments, which were discussed in the 4th International Conference on Islamic Economics and Banking held at Loughborough University, UK during August 13-15, 2000. The book particularly discusses the performance, prospects and challenges facing the Islamic financial industry and highlights the opportunities offered by Islamic financial instruments as an alternative way to financial intermediation. Main contents include Decision making under uncertainty, Social norms and trading rules: the means to reduce moral hazard in Islamic financial products, Incentive-compatible profit-sharing contracts, Regulation of the stock market in an Islamic economy and more.

Éditeur

Kube Publishing

Auteur

  • Munawwar Iqbal

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Who is Munawwar Iqbal?

Dr. Munawwar Iqbal is a distinguished economist and internationally recognized scholar in the field of Islamic banking and finance. He has played a significant role in the development and promotion of Islamic financial systems, contributing extensively to research, policy discussions, and academic literature on Shariah-compliant finance.