Author: Syed Nazim Ali
Publisher: Edinburgh University Press
ISBN: 1474436013
Category : Business & Economics
Languages : en
Pages : 481
Book Description
Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.
Edinburgh Companion to Shari'ah Governance in Islamic Finance
Author: Syed Nazim Ali
Publisher: Edinburgh University Press
ISBN: 1474436013
Category : Business & Economics
Languages : en
Pages : 481
Book Description
Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.
Publisher: Edinburgh University Press
ISBN: 1474436013
Category : Business & Economics
Languages : en
Pages : 481
Book Description
Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.
Islamic Finance in the Digital Age
Author: Syed Nazim Ali
Publisher: Edward Elgar Publishing
ISBN: 1035322951
Category : Business & Economics
Languages : en
Pages : 429
Book Description
This book investigates the integration of emerging technologies within Islamic finance, reconciling Islamic values with contemporary financial innovations and ensuring ethical integrity in the face of rapid digital transformation. It delves into the challenges and opportunities posed by 21st-century technological advancements, including decentralized finance and AI.
Publisher: Edward Elgar Publishing
ISBN: 1035322951
Category : Business & Economics
Languages : en
Pages : 429
Book Description
This book investigates the integration of emerging technologies within Islamic finance, reconciling Islamic values with contemporary financial innovations and ensuring ethical integrity in the face of rapid digital transformation. It delves into the challenges and opportunities posed by 21st-century technological advancements, including decentralized finance and AI.
Routledge Handbook on Islam in Asia
Author: Chiara Formichi
Publisher: Routledge
ISBN: 1000457354
Category : Social Science
Languages : en
Pages : 389
Book Description
The Routledge Handbook on Islam in Asia offers both new and established scholarship on Muslim societies and religious practices across Asia, from a variety of interdisciplinary angles, with chapters covering South, Central, East and Southeast Asia, as well as Africa–Asia connections. Presenting work grounded in archival, literary, and ethnographic inquiry, contributors to this handbook lend their expertise to paint a picture of Islam as deeply connected to and influenced by Asia, often by-passing or reversing relationships of power and authority that have placed ‘Arab’ Islam in a hierarchically superior position vis-à-vis Asia. This handbook is structured in four parts, each representing an emergent area of inquiry: Frames Authority and authorizing practices Muslim spatialities Imaginations of piety Dislodging ingrained assumptions that Asia is at the periphery of Islam – and that Islam is at the periphery of Asia’s cultural matrix – this handbook sets an agenda against the ‘center-periphery’ dichotomy, as well as the syncretism paradigm that has dominated conversations on Islam in Asia. It thus demonstrates possibilities for new scholarly approaches to the study of Islam within the ‘Asian context.’ This ground-breaking handbook is a valuable resource to students and scholars of Asian studies, religious studies, and cultural studies more broadly.
Publisher: Routledge
ISBN: 1000457354
Category : Social Science
Languages : en
Pages : 389
Book Description
The Routledge Handbook on Islam in Asia offers both new and established scholarship on Muslim societies and religious practices across Asia, from a variety of interdisciplinary angles, with chapters covering South, Central, East and Southeast Asia, as well as Africa–Asia connections. Presenting work grounded in archival, literary, and ethnographic inquiry, contributors to this handbook lend their expertise to paint a picture of Islam as deeply connected to and influenced by Asia, often by-passing or reversing relationships of power and authority that have placed ‘Arab’ Islam in a hierarchically superior position vis-à-vis Asia. This handbook is structured in four parts, each representing an emergent area of inquiry: Frames Authority and authorizing practices Muslim spatialities Imaginations of piety Dislodging ingrained assumptions that Asia is at the periphery of Islam – and that Islam is at the periphery of Asia’s cultural matrix – this handbook sets an agenda against the ‘center-periphery’ dichotomy, as well as the syncretism paradigm that has dominated conversations on Islam in Asia. It thus demonstrates possibilities for new scholarly approaches to the study of Islam within the ‘Asian context.’ This ground-breaking handbook is a valuable resource to students and scholars of Asian studies, religious studies, and cultural studies more broadly.
Legal, Regulatory and Governance Issues in Islamic Finance
Author: Rodney Wilson
Publisher: Edinburgh University Press
ISBN: 0748645063
Category : Religion
Languages : en
Pages : 257
Book Description
From Iran, where all banking is Shari'ah compliant, to Malaysia and the gulf, where Islamic financial institutions compete with conventional banks, Rodney Wilson examines how Islamic financial institutions are licensed and governed by common and civil law. Covering Islamic banks, takaful operators, fund management and Shari'ah-compliant securities, it examines how their assets and liabilities differ from their conventional counterparts and what the implications are for risk management.
Publisher: Edinburgh University Press
ISBN: 0748645063
Category : Religion
Languages : en
Pages : 257
Book Description
From Iran, where all banking is Shari'ah compliant, to Malaysia and the gulf, where Islamic financial institutions compete with conventional banks, Rodney Wilson examines how Islamic financial institutions are licensed and governed by common and civil law. Covering Islamic banks, takaful operators, fund management and Shari'ah-compliant securities, it examines how their assets and liabilities differ from their conventional counterparts and what the implications are for risk management.
Shari'ah Governance in Islamic Banks
Author: Zulkifli Hasan
Publisher: Edinburgh University Press
ISBN: 0748668373
Category : Religion
Languages : en
Pages : 202
Book Description
An in-depth and insightful study of Shari'ah governance from a theoretical and practical perspective
Publisher: Edinburgh University Press
ISBN: 0748668373
Category : Religion
Languages : en
Pages : 202
Book Description
An in-depth and insightful study of Shari'ah governance from a theoretical and practical perspective
Islamic Finance
Author: Mahmoud A. El-Gamal
Publisher: Cambridge University Press
ISBN: 1139457160
Category : Business & Economics
Languages : en
Pages : 239
Book Description
This book provides an overview of the practice of Islamic finance and the historical roots that define its modes of operation. The focus of the book is analytical and forward-looking. It shows that Islamic finance exists mainly as a form of rent-seeking legal-arbitrage. In every aspect of finance - from personal loans to investment banking, and from market structure to corporate governance - Islamic finance aims to replicate in Islamic forms the substantive functions of contemporary financial instruments, markets, and institutions. By attempting to replicate the substance of contemporary financial practice using pre-modern contract forms, Islamic finance has arguably failed to serve the objectives of Islamic law. This book proposes refocusing Islamic finance on substance rather than form. This approach would entail abandoning the paradigm of 'Islamization' of every financial practice. It would also entail reorienting the brand-name of Islamic finance to emphasize issues of community banking, micro-finance, and socially responsible investment.
Publisher: Cambridge University Press
ISBN: 1139457160
Category : Business & Economics
Languages : en
Pages : 239
Book Description
This book provides an overview of the practice of Islamic finance and the historical roots that define its modes of operation. The focus of the book is analytical and forward-looking. It shows that Islamic finance exists mainly as a form of rent-seeking legal-arbitrage. In every aspect of finance - from personal loans to investment banking, and from market structure to corporate governance - Islamic finance aims to replicate in Islamic forms the substantive functions of contemporary financial instruments, markets, and institutions. By attempting to replicate the substance of contemporary financial practice using pre-modern contract forms, Islamic finance has arguably failed to serve the objectives of Islamic law. This book proposes refocusing Islamic finance on substance rather than form. This approach would entail abandoning the paradigm of 'Islamization' of every financial practice. It would also entail reorienting the brand-name of Islamic finance to emphasize issues of community banking, micro-finance, and socially responsible investment.
Case Studies in Islamic Banking and Finance
Author: Brian Kettell
Publisher: John Wiley & Sons
ISBN: 0470978015
Category : Business & Economics
Languages : en
Pages : 193
Book Description
Based around 13 individual cases, this book will stimulate discussion and develop the reader's understanding of Islamic finance by contrasting their existing theoretical knowledge against practical examples.
Publisher: John Wiley & Sons
ISBN: 0470978015
Category : Business & Economics
Languages : en
Pages : 193
Book Description
Based around 13 individual cases, this book will stimulate discussion and develop the reader's understanding of Islamic finance by contrasting their existing theoretical knowledge against practical examples.
Islamic Commercial Law
Author: Mohamed H. Reda
Publisher: BRILL
ISBN: 9004344462
Category : Law
Languages : en
Pages : 218
Book Description
Islamic Commercial Law: Contemporariness, Normativeness and Competence offers new perspectives on why for centuries Islamic commercial law has been perceived as arbitrary and unpredictable, and on its evolution to a contemporary, consistent, reliable and credible body of law. The book also examines why Western positivists have viewed Islamic commercial law in a simplistic or archaic religious framework and counters those arguments with an examination of its normative legal qualities. The work analyses the competencies of Fiqh (jurisprudence) for structuring new financial instruments, and restructuring conventional financial products more equitability.
Publisher: BRILL
ISBN: 9004344462
Category : Law
Languages : en
Pages : 218
Book Description
Islamic Commercial Law: Contemporariness, Normativeness and Competence offers new perspectives on why for centuries Islamic commercial law has been perceived as arbitrary and unpredictable, and on its evolution to a contemporary, consistent, reliable and credible body of law. The book also examines why Western positivists have viewed Islamic commercial law in a simplistic or archaic religious framework and counters those arguments with an examination of its normative legal qualities. The work analyses the competencies of Fiqh (jurisprudence) for structuring new financial instruments, and restructuring conventional financial products more equitability.
A Geo-Legal Approach to the English Sharia Courts
Author: Anna Marotta
Publisher: BRILL
ISBN: 9004473092
Category : Law
Languages : en
Pages : 317
Book Description
A Geo-Legal Approach to the English Sharia Courts: Cases and Conflicts adopts a new methodological perspective that combines Comparative Law with Geopolitics to understand the phenomenon of the English ‘sharia courts’. This term is used as a geopolitical representation of specific Islamic ADR institutions. The geo-legal analysis illustrates the competition of the legal systems involved and brings you in the middle of the related conflict, where (official and unofficial) legal rules are used by various actors to defend their ideas of Law and implement their strategies. Accordingly, the geo-legal operational analysis helps assess the possible changes occurring in the relationship between the legal systems and their substratum of values. Funding for the research associated with this book was provided by the University of Campania “Luigi Vanvitelli” – Dept. of Political Science and by the Italian Ministry of University and Research through the National Project (PRIN 2017 n. 20174EH2MR) on “International Migrations, State, Sovereignty, Human Rights: open legal issues” directed by Prof. Angela Di Stasi and Prof. Ida Caracciolo.
Publisher: BRILL
ISBN: 9004473092
Category : Law
Languages : en
Pages : 317
Book Description
A Geo-Legal Approach to the English Sharia Courts: Cases and Conflicts adopts a new methodological perspective that combines Comparative Law with Geopolitics to understand the phenomenon of the English ‘sharia courts’. This term is used as a geopolitical representation of specific Islamic ADR institutions. The geo-legal analysis illustrates the competition of the legal systems involved and brings you in the middle of the related conflict, where (official and unofficial) legal rules are used by various actors to defend their ideas of Law and implement their strategies. Accordingly, the geo-legal operational analysis helps assess the possible changes occurring in the relationship between the legal systems and their substratum of values. Funding for the research associated with this book was provided by the University of Campania “Luigi Vanvitelli” – Dept. of Political Science and by the Italian Ministry of University and Research through the National Project (PRIN 2017 n. 20174EH2MR) on “International Migrations, State, Sovereignty, Human Rights: open legal issues” directed by Prof. Angela Di Stasi and Prof. Ida Caracciolo.
Foundations of Shari'ah Governance of Islamic Banks
Author: Karim Ginena
Publisher: John Wiley & Sons
ISBN: 1118460774
Category : Business & Economics
Languages : en
Pages : 402
Book Description
A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust sharī'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical sharī'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share.
Publisher: John Wiley & Sons
ISBN: 1118460774
Category : Business & Economics
Languages : en
Pages : 402
Book Description
A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust sharī'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical sharī'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share.