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An Introduction to Islamic Finance: Theory and Practice by Zamir Iqbal,Abbas Mirakhor

By Zamir Iqbal,Abbas Mirakhor

The first ebook to supply complete insurance of Islamic finance and banking and its purposes to the remainder of the area, now totally revised and updated

the continuing foreign monetary problem has reignited debate over the improvement of a risk-sharing economic climate, similar to that required in Shariah legislation. An creation to Islamic Finance: idea and perform, moment Edition highlights the middle ideas of chance sharing in Islam, arguing risk-sharing economic climate is strictly what we have to advertise higher monetary stability.

offering complete assurance of the basic conception in the back of Islamic finance and banking, based on the middle techniques of Shariah legislation, authors Zamir Iqbal and Abbas Mirakhor in actual fact clarify the specified gains of an Islamic economic climate and the way it compares with conventional monetary types. Addressing the myriad vital advancements that experience taken position in recent times, this moment variation seems to the long run, addressing rising matters bound to impression destiny advancements in Islamic finance.

  • Explores the original positive aspects of an Islamic economic system, how they evaluate to extra conventional monetary platforms, and the way they can enhance them
  • Discusses the entire latest advancements and rising matters in Islamic finance
  • Updated with the most recent advancements, developments, strategies, and statistics, this re-creation good points extra chapters at the monetary situation, globalization, non-bank monetary associations, and up to date advancements in Takaful (Islamic insurance)

the 1st version of An advent to Islamic Finance confirmed the ebook because the industry chief, and this newly revised and up to date moment variation accommodates the latest advancements during this booming monetary quarter, together with monetary balance, globalization, and non-banking monetary institutions.

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