Non-interest (Islamic) Banking PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Non-interest (Islamic) Banking PDF full book. Access full book title Non-interest (Islamic) Banking by Onafowokan Oluyombo. Download full books in PDF and EPUB format.
Author: Onafowokan Oluyombo
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 142
Get Book Here
Book Description
Author: Onafowokan Oluyombo
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 142
Get Book Here
Book Description
Author: Abdul Jabbar Khan
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 136
Get Book Here
Book Description
Author: Mr.Mumtaz Hussain
Publisher: International Monetary Fund
ISBN: 1513565621
Category : Business & Economics
Languages : en
Pages : 35
Get Book Here
Book Description
Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.
Author: Brian Kettell
Publisher: John Wiley & Sons
ISBN: 0470710039
Category : Business & Economics
Languages : en
Pages : 370
Get Book Here
Book Description
The recent turbulence in the global financial markets has drawn attention to an alternative system of financial intermediation: Islamic banking and finance, which has so far remained on the sidelines of the unrest. Islamic Finance in a Nutshell is a quick and easy guide to understanding the fundamentals of Islamic Finance and how the Islamic Financial markets work. Designed as a quick read for practitioners needing to pick up the basics of the industry, it will enable readers to understand the differences Islamic and Western finance. Starting with the rise of Islamic finance, the book highlights the key areas which practitioners need to grasp to understand the marketplace including financial statement analysis, Sharia’a law, making money in the absence of interest and regulation. The book also provides readers with a basic guide to Arab terminology and a guide to the top financial institutions within the Islamic markets. This is an ideal guide for anyone with an interest in how these financial markets work, but who do not want to be bogged down in complex and unnecessary terminology.
Author: Muhammad Nejatullah Siddiqi
Publisher: New Era Publications
ISBN: 9780860371205
Category : Banks and banking
Languages : en
Pages : 192
Get Book Here
Book Description
Demonstrating that banking institutions can operate without difficulty on the principle of profit-sharing, this text deals with issues relevant to banking, bills of exchange and supply of short-term and long-term interest-free loans.
Author: Shahid M. K. Ghauri
Publisher: Cambridge Scholars Publishing
ISBN: 1443875244
Category : Business & Economics
Languages : en
Pages : 245
Get Book Here
Book Description
It has taken over five centuries for banking to evolve to its present state, and the concept of “interest” is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term “riba-eater” being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as “Islamic banking”. This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader’s ease in academic study.
Author: Abdul Azeez Maruf Olayemi
Publisher:
ISBN:
Category :
Languages : en
Pages : 15
Get Book Here
Book Description
One of the major potential challenges before the nascent non-interest (Islamic) banking product in Nigeria is the absence of adequate and viable Shariah-compliant instruments of liquidity management. The availability of the instrument is a sine qua non in the banking system. Conversely, Malaysia being the global hub of the Islamic banking and finance has successfully developed viable instruments for the management of Islamic liquidity. The Malaysian instruments are comparably in juxtaposition with that of the conventional system in terms of sophistication and development. The article advocates for the adoption and adaptation of the Malaysian model of Islamic liquidity management instruments into the Nigerian banking system as a panacea. The research is a qualitative comparative legal study. It aims at proposing solution to the lingering problem of non-interest liquidity management in the Nigeria nascent non-interest banking product.
Author: Mervyn Lewis
Publisher: Edward Elgar Publishing
ISBN:
Category : Banking law (Islamic law)
Languages : en
Pages : 296
Get Book Here
Book Description
This is a book for students seeking an introduction to Islamic banking. It covers both the theory and the practice of Islamic banking in enough detail to make it easy to read and interesting. Difficult concepts are clearly explained without being overpowered by mathematics, and it is a one-stop shop for information on Islamic banking. With case studies taken from Islamic to mixed systems the development of Islamic banking is thoroughly explored, with history and analysis complementing the more theoretical issues like the prohibition of interest.
Author: P. Mills
Publisher: Springer
ISBN: 0230288472
Category : Business & Economics
Languages : en
Pages : 181
Get Book Here
Book Description
Given the propensity of the world financial system to crisis, this book explores the radical alternative put forward by Islamic (and Western) theories of non-interest banking. The Islamic critique of interest and early experiments with non-interest banking are assessed against the conventional theories regarding banking, company finance and macroeconomic stability. Whilst the experience of Islamic banking has proved inconclusive thus far, the theoretical model provides a cogent alternative to a financial system made fragile by debt contracts.
Author: Mufti Fahad Ahmed Qureshi
Publisher: Lulu.com
ISBN: 1387589369
Category : Business & Economics
Languages : en
Pages : 59
Get Book Here
Book Description
Islamic banking system is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. Two basic principles of Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest. Collecting interest is not permitted under Islamic law.
