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Collective Litigation: A Practical Guide

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Planning Law:
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Handbook 2nd ed




 William Webster, Robert Weatherley


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Corporate Insolvency Practice:
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and Precedents 3rd ed




 Mark Watson-Gandy


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Islamic Banking


ISBN13: 9780406100351
ISBN: 0406100357
Published: February 1990
Publisher: LexisNexis Butterworths
Format: Hardback
Price: Out of print





The law relating to banking practice in Islamic countries is a subject that is of continuing importance. For example, the Koran prohibits the charging of interest and banks frequently have to resort to complex legal arrangements to conduct their business. The central role Islam plays in the politics and economy of a number of financial centres means that the problems are very far from being academic. It was originally written for the Central Bank of Iran and is now to be made available in English.

Subjects:
Islamic Law
Contents:
Part 1 Generalities: basis of the credit system; regulations and basic criteria.
Part 2 Recognitions: Qard-al-hasanah grant; Modharbah; civil partnership; equity partnership; direct investment; instalment sales; hire purchase; forward deals; Jo'aalah; Mozara'ah; Mosa'qaat; debt purchase; guarantees.