An Introduction to Islamic Finance: Theory and Practice
| Author | : | |
| Rating | : | 4.50 (530 Votes) |
| Asin | : | 0470828080 |
| Format Type | : | paperback |
| Number of Pages | : | 350 Pages |
| Publish Date | : | 2014-04-12 |
| Language | : | English |
DESCRIPTION:
"This book explains the fundamental principles of an economic and financial system governed by Sharia Islamic law." (Finance, Marketing & Distribution, August 2007)
Sceptical Reader said Book Assessment. The book does not provide deep enough background on the origins and philosophy of so called Islamic banking, particularly since banking as we know it did not exist in the days of the Prophet.The extrapolation from financing camel caravans to managing mutual funds just stretches credibilityAs for the modern part, it strives to give an Islamic gloss to what are purely Western banking and financial concepts.All in all, a disappointing book
Providing comprehensive coverage of the fundamental theory behind Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in recent years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance.Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could improve themDiscusses all the most recent