Islamic finance and economic development : risk, regulation, by Amr Mohamed El Tiby Ahmed, Wafik Grais PDF

By Amr Mohamed El Tiby Ahmed, Wafik Grais

ISBN-10: 1118847180

ISBN-13: 9781118847183

ISBN-10: 1118847199

ISBN-13: 9781118847190

ISBN-10: 1118847261

ISBN-13: 9781118847268

Islamic finance, like traditional finance is a company of monetary intermediation. Its certain positive factors relate to the requirement that it abides through Shari'a principles that advertise equity of contracts and prevention of exploitation, sharing of dangers and rewards, prohibition of pursuits, and tangible financial function. Islamic finance aren't fund actions thought of "haram" or sinful. The booklet expounds on Read more...

summary:

A entire advisor to mitigating hazard and fostering development within the Islamic monetary quarter Islamic finance, like traditional finance is a company of monetary intermediation. Read more...

Show description

Read Online or Download Islamic finance and economic development : risk, regulation, and corporate governance PDF

Best banks & banking books

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

It is a complete and authoritative account of the heritage of personal banking, starting with its improvement together with the realm markets served by way of and concentrated on a couple of ecu towns, significantly Amsterdam and London. those banks have been often partnerships, a kind of association which continued because the function of non-public banking replaced in keeping with the political and monetary alterations of the past due 18th and early nineteenth centuries.

Banking on Basel: The Future of International Financial - download pdf or read online

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

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 fabulous heritage, aptly titled America's funds laptop. Taking us from the Fed's founding to the Nineteen Sixties, Groseclose exhibits that the space among the promise and the truth is shockingly great, a lot in order that the Federal Reserve needs to be certainly one of the best disasters within the heritage of public coverage.

Extra info for Islamic finance and economic development : risk, regulation, and corporate governance

Example text

The same contract can also be used to give a power of attorney to someone to represent another’s interests. Zakat Religious tax to be deducted from wealth to be paid to the needy. net). CHAPTER 2 Islamic Finance: Opportunity for Egypt’s Development I slamic finance’s renaissance did not escape international finance leaders’ notice. Promptly, they understood its financial intermediation nature and the opportunities it offered for financial deepening, diversification, and inclusion. 2 In the United States, the country of entrepreneurship, financial entrepreneurs introduced Islamic financial products at both the retail and wholesale levels.

The period saw the development of analytical work, international cooperation, and banking activity. Major research across the Muslim world focused on fields that concern Muslims’ daily lives. Also, organizations were set up with the objective of establishing and developing cultural and religious relationships across Muslim countries. The spread period from 1977 to 2002. This period was fueled by the sharp increase in oil prices and wealth accumulation in the Middle East. It witnessed the establishment of more than 100 Islamic banks across the world, such as Dar al-maal al-Islam in 1981 and the Al-Baraka group in 1982.

S. financial markets do mobilize Islamic financial flows and have often led the structuring of Islamic finance products. 1 September 1995, at a conference organized by the Islamic Foundation. For example, the German state of Saxony-Anhalt issued a €100 million ijara-based sukuk in July 2004, the first issued by a non-Islamic sovereign. The sukuk had a tenor of five years with the rate of return linked to the six-month Euribor and paid a margin of 100 basis points over the benchmark. It matured in July 2009.

Download PDF sample

Islamic finance and economic development : risk, regulation, and corporate governance by Amr Mohamed El Tiby Ahmed, Wafik Grais


by Robert
4.3

Rated 4.52 of 5 – based on 25 votes