Understanding Islamic finance

Main Author: Muhammad Ayub
Format: Book
Language:English
Published: Hoboken, NJ: John Wiley & Sons, 2007.
Series:Wiley finance series
Subjects:
Table of Contents:
  • Distinguishing features of the Islamic economic system
  • The main prohibitions and business ethics in Islamic economics and finance
  • The philosophy and features of Islamic finance
  • Islamic law of contracts and business transactions
  • Trading in Islamic commercial law
  • Loan and debt in Islamic commercial law
  • Overview of financial institutions and products: conventional and Islamic
  • Murabaha and musawamah
  • Forward sales : salam and istisna'a
  • Ijarah / leasing
  • Participatory modes : shirkah and its variants
  • Some accessory contracts
  • Application of the system : financing principles and practices
  • Sukuh and securitization : vital issues in Islamic capital markets
  • Takaful : an alternative to conventional insurance
  • An appraisal of common criticism of Islamic banking and finance
  • The way forward