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An introduction to Islamic banking and finance Abdel Fattah M. Farah; Wasim Ahmad, ... [et al.] ed..

By: Contributor(s): Publication details: Sharjah, UAE : Fotakad Al Khaleej, 2009.Edition: 1st edDescription: xi, 172 p. col. ill. ; 21 cmISBN:
  • 9789948037873 (pbk.)
Subject(s): LOC classification:
  • HG3368.A6  F372 2009
Contents:
Ch.1. Basic Islamic economics and business values; Methodology, Subjects related to Islamic banking, Sources of Islamic legislation, Shura, Halaal and Haraam, The commandment rules, Haraam food, Haraam in drinks, dress and earings, Riba, Al A'inah, Shaikat (Partnership), Main rules of Islamic finance, Gharar transactions, Zakaah and charity, Moral values and ethics -- Ch.2. Islam, economics and banking; sect.1. Economics and Islam; Production possibility frontier, Types of economic systems, The circular flow of economic activity, Trade/Business cycle -- Sect.2. Money; Indexation, Interest and inflation rate -- Sect.3. Banking; Commercial banks, Central banks, The capital market, Forms of financial markets, The judgement criteria -- Ch.3. Islamic banking and finance; Fundamentals of Islamic banking, Historical background of Islamic banking, Sharia'h board, Establishment of the Islamic banks, Islamic bank as a Mudharabah form, Sources of funds, How an Islamic bank operates, Qard Hassan (Interest-Free Loan), Islamic vs. Interest based financial systems, Amanah (Trustworthy) sale, Murabaha VS Interest Financing, Mudharabah form, Per unit investment return coefficient technique, Solar and Lunar Periods, Salam, Istisnaa, Ijarah, Agency and Ijaarah service hiring, Tawarruq, Comparative Financial Analysis, Ijarah Sukuk, Takaful (Islamic insurance), Problems faced by Islamic banks, Issues to be considered.

Includes bibliographical references (p. 150 - 152) and index.

Ch.1. Basic Islamic economics and business values; Methodology, Subjects related to Islamic banking, Sources of Islamic legislation, Shura, Halaal and Haraam, The commandment rules, Haraam food, Haraam in drinks, dress and earings, Riba, Al A'inah, Shaikat (Partnership), Main rules of Islamic finance, Gharar transactions, Zakaah and charity, Moral values and ethics -- Ch.2. Islam, economics and banking; sect.1. Economics and Islam; Production possibility frontier, Types of economic systems, The circular flow of economic activity, Trade/Business cycle -- Sect.2. Money; Indexation, Interest and inflation rate -- Sect.3. Banking; Commercial banks, Central banks, The capital market, Forms of financial markets, The judgement criteria -- Ch.3. Islamic banking and finance; Fundamentals of Islamic banking, Historical background of Islamic banking, Sharia'h board, Establishment of the Islamic banks, Islamic bank as a Mudharabah form, Sources of funds, How an Islamic bank operates, Qard Hassan (Interest-Free Loan), Islamic vs. Interest based financial systems, Amanah (Trustworthy) sale, Murabaha VS Interest Financing, Mudharabah form, Per unit investment return coefficient technique, Solar and Lunar Periods, Salam, Istisnaa, Ijarah, Agency and Ijaarah service hiring, Tawarruq, Comparative Financial Analysis, Ijarah Sukuk, Takaful (Islamic insurance), Problems faced by Islamic banks, Issues to be considered.

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