Global leaders in Islamic finance : industry milestones and by Emmy Abdul Alim PDF

By Emmy Abdul Alim

ISBN-10: 1118465210

ISBN-13: 9781118465219

ISBN-10: 1118465237

ISBN-13: 9781118465233

ISBN-10: 1118465245

ISBN-13: 9781118465240

ISBN-10: 1118638808

ISBN-13: 9781118638804

Interviews with the pros using the speedy worldwide progress of Islamic finance although the trendy Islamic finance approach has existed for greater than 40 years, its dimension and effect within the banking has extended vastly in precisely the decade. This ebook seems to be at Islamic finance from the viewpoint of the specialists shaping the undefined, together with a number of the founders of the 1st Islamic banks-Haj Read more...

Show description

Read Online or Download Global leaders in Islamic finance : industry milestones and reflections PDF

Similar banks & banking books

Download PDF by Youssef Cassis: The World of Private Banking (Studies in Banking and

This can be a complete and authoritative account of the historical past of non-public banking, starting with its improvement together with the area markets served via and concentrated on a number of eu towns, particularly Amsterdam and London. those banks have been often partnerships, a sort of association which persevered because the function of non-public banking replaced in line with the political and fiscal differences of the past due 18th and early nineteenth centuries.

Get Banking on Basel: The Future of International Financial PDF

The turmoil in monetary markets that resulted from the 2007 subprime personal loan concern within the usa shows the necessity to dramatically remodel law and supervision of economic associations. could those associations were sounder if the 2004 Revised Framework on foreign Convergence of Capital size and Capital criteria (Basel II accord) negotiated among 1999 and 2004 had already been totally applied?

America's money machine: The story of the Federal Reserve - download pdf or read online

Elgin Groseclose, an eminent financial economist within the twentieth century, rips the roof off the Federal Reserve during this magnificent historical past, aptly titled America's funds desktop. Taking us from the Fed's founding to the Nineteen Sixties, Groseclose indicates that the space among the promise and the truth is shockingly enormous, rather a lot in order that the Federal Reserve needs to be one in all the best disasters within the heritage of public coverage.

Extra resources for Global leaders in Islamic finance : industry milestones and reflections

Example text

Islamisation of the Pakistani Economy In 1978 the newly installed military leader, Zia ul-Haq, announced the Pakistani government would enforce Nizam-i-Mustafa, or the Islamic system. Professor Khurshid was summoned back from the United Kingdom, and he assumed the position of deputy chairman of the Planning Commission. He was appointed to the position, he said, as an economist to overlook the Islamisation of the country’s economy. Professor Khurshid went on to become chairman of the Standing Committee on Finance, Economic Affairs, and Planning during his first tenure in the Pakistani Senate from 1985 to 1997.

They realised, 16 GLOBAL LEADERS IN ISLAMIC FINANCE in 1991, that the intended switch to the preferred profit and losssharing system as a replacement for the interest-based system had not, in fact, taken place. Professor Khurshid considers these failed attempts largely the result of a lack of political will. The main drive to Islamise the economy was based on the elimination of riba, or interest, since the Qur’anic injunction against riba is vehement. The ideal alternative to an interest-based system is profit and loss sharing, which still remains under-used in the global Islamic finance industry today due to its higher risks.

The establishment of DIB was backed by the Dubai Ruler’s Decree, and its founding shareholders included the Dubai and Kuwaiti governments. For his business, banking, philanthropic, and social contributions to the United Arab Emirates, Hajj Saeed, as he is known, is regarded as a true visionary and a pioneer. 25 26 GLOBAL LEADERS IN ISLAMIC FINANCE It is a pleasant winter’s morning in Dubai, the comfort of which makes you forget the searing temperatures that scorch most other months of the year.

Download PDF sample

Global leaders in Islamic finance : industry milestones and reflections by Emmy Abdul Alim

by Ronald

Rated 4.81 of 5 – based on 45 votes