Banking Structure and Sources of Finance in the Middle East and Arab and Islamic Banks

Banking Structure and Sources of Finance in the Middle East and Arab and Islamic Banks PDF Author: Ausaf Ahmad
Publisher:
ISBN:
Category :
Languages : en
Pages : 4

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Book Description
The past decade has witnessed significant developments in the banking structure of the Arab World. The emergence of OPEC, the increase in oil revenues and accumulation of large reserves, led not only to an overall boom of economic activity in the petroleum exporting countries but also necessitated development of various financial and banking institutions. There was a need of new institutions to meet the requirements of accelerated financial transactions and to achieve the integration of national financial systems with the international monetary system. The development of various national banking institutions in the Arab World and establishment of several consortium banks was a response to this new situation.

Banking Structure and Sources of Finance in the Middle East and Arab and Islamic Banks

Banking Structure and Sources of Finance in the Middle East and Arab and Islamic Banks PDF Author: Ausaf Ahmad
Publisher:
ISBN:
Category :
Languages : en
Pages : 4

Get Book Here

Book Description
The past decade has witnessed significant developments in the banking structure of the Arab World. The emergence of OPEC, the increase in oil revenues and accumulation of large reserves, led not only to an overall boom of economic activity in the petroleum exporting countries but also necessitated development of various financial and banking institutions. There was a need of new institutions to meet the requirements of accelerated financial transactions and to achieve the integration of national financial systems with the international monetary system. The development of various national banking institutions in the Arab World and establishment of several consortium banks was a response to this new situation.

Banking and Finance in the Arab Middle East

Banking and Finance in the Arab Middle East PDF Author: R. Wilson
Publisher: Springer
ISBN: 1349048178
Category : Business & Economics
Languages : en
Pages : 219

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Book Description


Banking Structures and Sources of Finance in the Middle East

Banking Structures and Sources of Finance in the Middle East PDF Author: Banker Research Unit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description


Politics of Islamic Finance

Politics of Islamic Finance PDF Author: Henry Clement Henry
Publisher: Edinburgh University Press
ISBN: 1474469086
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Can the contemporary Islamic finance movement be shown to meet the requirements of modern commerce? In the wake of the terrorist attacks on America the UN Security Council passed a resolution targeting transnational sources of terrorist funds. The United States and the International Monetary Fund are encouraging the governments of the Middle East to adopt policies of economic liberalism and a new type of capitalism, based on Islamic values and beliefs, is emerging.The aims of the book are:* to explore the political implications of the slow but steady accumulation of Islamic capital* to analyse the connections between Islamic finance and Islamic political movements in Middle Eastern and North African countries* to show that the commonly-perceived connection between Islamic finance and money laundering and terrorism is by no means the complete picture. Readers will learn to appreciate the various political contexts in which Islamic finance operates in the Middle East and North Africa and will acquire some understanding of its political as well as economic constraints. Hopefully possible misunderstandings about Islamic banking and finance will be corrected.The book is divided into two parts - part one is thematic and lays the ground for the country-specific case studies in part two (covering the Sudan, Kuwait, Jordan, Turkey, Tunisia and Egypt). The contributors include political scientists, economists and historians.Key Features:* A major topical issue* Written by the world's leading experts on Islamic Political Economy* Explores the connections between Islamic finance and Islamic political movements* Includes country-specific case studies

Banking and Financial Systems in the Arab World

Banking and Financial Systems in the Arab World PDF Author: P. Molyneux
Publisher: Springer
ISBN: 0230512127
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
This book provides state-of-the art analysis of banking and financial systems in the Arab world. The early chapters of the text present an overview of Arab economies linking banking and financial sector trends in the Arab world over the last twenty years. The rest of the text examines in detail the financial systems of the major Arab countries, focusing on banking sector and capital market developments. This text will be the first to provide a rigorous analytical evaluation of banking sector developments in the Arab world.

Thirty Years of Islamic Banking

Thirty Years of Islamic Banking PDF Author: M. Iqbal
Publisher: Springer
ISBN: 0230503225
Category : Social Science
Languages : en
Pages : 209

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Book Description
This text explains how Islamic banking works and what it offers as an alternative model of financial intermediation. Important questions addressed include: Why Islamic banking started and where it is going? Who are the main players at present and whom it will attract in future? What are its strengths and weaknesses? Will Islamic banks survive in highly competitive and globalized financial markets? What are their prospects and potentials? How does the relative performance and efficiency of Islamic banks compare to conventional banks?

Islamic Banking and Finance

Islamic Banking and Finance PDF Author: Munawar Iqbal
Publisher: Edward Elgar Publishing
ISBN: 9781843765318
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
It is a well-known fact that conventional commercial banks provide financial intermediation services on the basis of interest rates on assets and liabilities. However, since interest is prohibited in Islam, Islamic banks have developed several other modes through which savings are mobilized and passed on to entrepreneurs, none of which involve interest. Islamic Banking and Finance discusses Islamic financial theory and practice, and focuses on the opportunities offered by Islamic finance as an alternative method of financial intermediation. Key features of profit-sharing (as opposed to debt-based) contracts are highlighted, and the ways in which they can facilitate improved efficiency and stability of a financial system are explored. The authors illustrate that in addition to some 200 Islamic banks operating in Muslim as well as non-Muslim countries, some of the biggest multinational banks are now offering Islamic financial products. This book will fascinate students, researchers and academics with a special interest in comparative banking, middle-eastern studies and international finance, and will also appeal to practitioners of banking and finance.

Arab and Islamic Banks

Arab and Islamic Banks PDF Author: Traute Wohlers-Scharf
Publisher: Paris, France : Development Centre of the Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications Center
ISBN:
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
The Arab banking system; The rise of Islamic banking;....

The Saudi Financial System

The Saudi Financial System PDF Author: Adnan Abdeen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Surveys Saudi financial systems, institutions, and policies. Includes an historical and international comparative background and a working knowledge of contemporary processes with insight into financial policy and problems. Offers useful background data on Islamic banking and financial principles in relation to the Saudi system.

The Stability of Islamic Finance

The Stability of Islamic Finance PDF Author: Hossein Askari
Publisher: John Wiley & Sons
ISBN: 1118178939
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
The Stability of Islamic Finance main focus is on the question of the sources of financial instability which seems inherent in the conventional system. As a core component of this focus, the book will consider episodes of turbulence and instability in a historical context recalling the occurrence of such events from mid-19th century to the present. It will present various theoretical explanations along with solutions and alternative financial systems that avoid instability provided by various scholars dating back to mid-19th century to present. The book then will present and discuss the architecture of an Islamic financial system and show that at its core, this system shares many characteristics of an stable financial system proposed by Western scholars throughout history to avoid the inherent instability of the present dominant system. Particular emphasis will be placed on the present financial crisis and its causes as well the financial crisis of the 1997 in Southeast Asia, Russia, and Latin America relating these episodes to the fundamental features of the dominant system. The debt crisis of the low income countries will also be part of this discussion. It will then argue that these crises could be mitigated under an Islamic system or any other system with similar architecture.