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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Islamic Banking and Finance

ISBN13: 9781904905110
Published: December 2008
Publisher: Spiramus Press Ltd
Country of Publication: UK
Format: Hardback
Price: Price on Application
Paperback edition , ISBN13 9781904905837

Islamic banking has grown rapidly over the past decade and currently continues to grow, while many conventional banks and financial institutions write off $billions of bad debt. In 30 years Islamic banking has developed from local provision to providers of established international financial products.

This book explains the principles of Islamic banking and finance. It then provides a guide to Islamic finance products such as istisna’a, murabaha, musharaka, mudaraba, ijara, sukuk and salam, so that the reader can understand the key concepts and main vocabulary of Islamic finance. It goes on to discuss the application of Islamic products to a variety of financial contexts (e.g. asset management, treasury, risk management, raising finance, tax).

It also provides guidance on the regulatory frameworks for Islamic finance: the role of the Sharia’a Board, UK regulation, and international financial standards.

Islamic Law