Islamic Finance

Principles, Performance and Prospects

Tina Harrison, Essam B. Ibrahim, Tina Harrison, Essam B. Ibrahim

• Publisher: Palgrave Macmillan
• Year: 2016
• Print ISBN:
  9783319309170
• eBook ISBN:
  9783319309187
• Topic: Business
• Subtopic: Corporate Finance
• Index: Business

This book demonstrates how the global market for Islamic financial services has shown stronggrowth in recent years and shown remarkable resilience during the globalfinancial crisis.Drawingon a range of international perspectives from the Gulf Cooperation Councilcountries, Malaysia, Pakistan, Australia and Europe, this book explores the characteristics and performance of Islamicfinance and banking and discusses future prospects. It offers a comprehensive theoreticalframework for Shariah governance in Islamic financial institutions, exploresShariah-compliantequities, as well as issues in productivity, technology and efficiency. Itincludesa number ofcomparative studies on Islamic and conventionalbanks, Islamic and conventional unit trusts, andIslamic and conventionalbanks' product mixes. The challenges and opportunities for the expansion ofIslamic finance and banking into Europe are explored through the contexts ofthe UK, Germany and Italy.

Table of contents

• Cover
• Contents
• List of Figures and Tables
• Notes on Contributors
• Introduction
• 1 Toward a Comprehensive Theoretical Framework for Shariah Governance in Islamic Financial Institutions
• 2 Do Customers Patronize Islamic Banks for Shari’a Compliance?
• 3 Bank Image in the UAE: Comparing Islamic and Conventional Banks
• 4 Bankers’ Perception towards Bai Salam Method for Agriculture Financing in Pakistan
• 5 Bank-Level Stability Factors and Consumer Confidence – A Comparative Study of Islamic and Conventional Banks’ Product Mix
• 6 A Comparative Performance of Conventional and Islamic Unit Trusts: Market Timing and Persistence Evidence
• 7 Shariah-Compliant Equities: Empirical Evaluation of Performance in the European Market during Credit Crunch
• 8 Awareness of Islamic Banking Products among Muslims: The Case of Australia
• 9 Challenges and Opportunities for Islamic Retail Banking in the European Context: Lessons to Be Learnt from a British–German Comparison
• 10 Developing the Islamic Financial Services Sector in Italy: An Institutional Theory Perspective
• Index