- 375 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
The Essentials of Islamic Banking, Finance, and Capital Markets
About this book
This multidisciplinary book on Islamic finance covers Islamic economic, financial, and legal systems, insurance (takaful), commercial jurisprudence, and the socio-political and political-economy of the Islamic world. It examines the dichotomies and similarities between Islamic and conventional financial systems and suggests future roles and governance of Islamic financial institutions. Distinctive features of the second edition include an emphasis on the theoretical foundations of Islamic finance, the distinctions between the micro- and macroeconomic concepts and theories to the readers, and an expansion on Islamic approved forms of trade dealings, transactions, and contracts. Furthermore, this work discusses the newly introduced Islamic capital market products of the years 2020 to 2022—including the transition from the inter-bank-offer-rates (IBORs) as global benchmark lending rate to the new risk-free-rates (RFRs) that became effective on January 1, 2022—and discusses the transition of Saudi Arabia Monetary Agency to Saudi Central Bank in 2020. Though every effort is made to avoid tedious mathematical proof and derivatives, this work provides working calculations for the pricing of Islamic instruments and provides supplemental materials in the form of faculty resources and students' study guide and workbook. This work acts as a useful textbook for graduate and advanced undergraduate students who are looking at broadening their knowledge in finance. Similarly, this book is a helpful guide and tool for financial practitioners who are interested in learning more about the innovative discipline of Islamic finance. For financial practitioners to drive maximum benefits from this innovative financing mechanism, they need to know, understand, and participate in the investment opportunities which are provided by Islamic finance.
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access The Essentials of Islamic Banking, Finance, and Capital Markets by John Oluseyi Kuforiji in PDF and/or ePUB format, as well as other popular books in Economia & Finanza. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Half Title
- Title Page
- Copyright Page
- Dedication
- Contents
- Preface
- Acknowledgments
- Part I: The Evolution of Islamic Banking and Finance
- Chapter 1: Islamic Social-Political System
- Chapter 2: Islamic Legal System
- Chapter 3: Islamic Economic System: Evolution, Foundations, Principles, Thoughts, and Theories
- Chapter 4: Islamic Banking, Finance, and Commercial Jurisprudence
- Part II: Islamic Depository Financial Institutions
- Chapter 5: Noninterest Banking Framework
- Chapter 6: Islamic Central Banks and Monetary Policies in the Interest-Free Countries
- Chapter 7: The Organizational Structure and Operations of the Islamic Banking System
- Chapter 8: The Products and Services of the Islamic Commercial Banks
- Part III: Islamic Non-depository Financial Institutions
- Chapter 9: The Organizational Structure and Operations of the Islamic Non-depository Financial Institutions
- Chapter 10: The Products and Services of the Islamic Non-depository Financial Institutions
- Chapter 11: Islamic Non-depository Financial Money Markets and Instruments
- Chapter 12: The Practice, Techniques, and Theories of the Islamic Insurance (Takaful)
- Chapter 13: The Products and Services of the Islamic Insurance Industry
- Part IV: Islamic Capital Markets
- Chapter 14: The Organizational Structure and Operations of the Islamic Capital Markets
- Chapter 15: The Instruments, Products, and Services of the Islamic Capital Markets
- Part V: The Performance, Corporate Governance, Challenges, and Future Outlook of Islamic Finance
- Chapter 16: The Performance of the Islamic Finance Industry
- Chapter 17: The Corporate Governance Issues for Islamic Financial Institutions
- Chapter 18: The Challenges and Future Outlook of Islamic Finance
- References and Further Readings
- Index
- About the Author