SUKUK - the Islamic bonds: Risks and Challenges: Islamic Finance - Softcover

M K Ghauri, Shahid

 
9783659136443: SUKUK - the Islamic bonds: Risks and Challenges: Islamic Finance
Softcover
ISBN 10: 3659136441 ISBN 13: 9783659136443
Publisher: LAP LAMBERT Academic Publishing, 2012

Synopsis

Islamic banking is by name is not mere a concept but a complete conduct of financial structure. Islamic finance is based on prohibition of riba (interest), gharrar (uncertainty) and maysir (gambling). The core concept of Islamic finance is not new to the world since its foundations were explained in teachings of Holy Quran and Ahadithes of Holy Prophet Muhammad (Sallalahu Ailehe Wasallam). The beginning of formal Islamic financial institutions in 1970s lead the financial world to a new era. Since then financial experts are analyzing products. Main hub of Islamic finance is South East Asia, centered in Bahrain, Malaysia and GCC. The establishment of retail Islamic financial institutions developed the need for secondary markets and tools to deal in Islamic financial models and transactions. Islamic bonds are based on the techniques taught by Islamic jurisprudence. These bonds are need of time for Islamic and conventional financial institutions. This book covers development of such tools and their analysis in Islamic financial world.

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About the Author

Shahid Muhammad Khan Ghauri is retail banker by profession, had been working with ABN AMRO Bank & The Royal Bank of Scotland. Currently he holds position of Assistant Vice President in Faysal Bank. He holds M.Phil degree in Finance and in visiting faculty of different universities. He has published book on Islamic Banking (ISBN: 978365111303)

"About this title" may belong to another edition of this title.

Publisher
LAP LAMBERT Academic Publishing
Publication date
2012
Language
English
ISBN 10 
3659136441
ISBN 13 
9783659136443
Binding
Paperback
Number of pages
144