DEVELOPMENT OF ISLAMIC FINANCE IN CIS COUNTRIES

DEVELOPMENT OF ISLAMIC FINANCE IN CIS COUNTRIES PDF Author: ALAM ASADOV - BAHODIR NURMUKHAMEEDOV
Publisher: العبيكان للنشر
ISBN: 6038427007
Category : Business & Economics
Languages : en
Pages : 247

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Book Description
ABOUT AUTHORS: Άκη Ακκάτην PLC curely on Aof the Department of France ist frince JumUlyadh, Saud Arabia, He obtained hPD degree Filamic France kam nemotional Center for Giocatonamc Phance NCBE) has bachon and meate's degrees aconomics kom the Univity of Richmond, and the University of A ША нарости academic case at the Head of Pe Rewich department and lecturer af Samarkandule of boonomics and Service in 2007. He at worked as on Sconomics lecturer of Wecmender international Univenity in Tabeer and then Senior Lechawaid Programme Otector of Wa Management Devetipment witute of Singapore taitent for severat wan Ex. Azdov has published chaples in edited books ont articles many joumalt and took part in numerous contences and project grontsch Worksted to learn Money arid Monstary ly tam tecing Home Financingnan Capital and bullyFinoning and Iconamic and financid Stability, He has been reviewing proper for a number of Intermational peeteet jouent for the last few ye Boktiode Namukатесовани candidate in Mamic financie fly Maraya Pahang (UM), Before that, he obtained his bachelor's degree in blanic dentom Thenentiekistan and a master's in finance from PICEF Malaysia He has completed the Chartered smocnic Finance protestond coune in 2015 after which engaged the chance educator indiatry whereby he joined the Tmance Accreditation Agency (MA) under the Centes fons of Motoyae hos been exposed to wartour proanch with theing degrees in taamic tonking, bamic Capital markets, and Talk, and actively participated in the preparation of prepor Standards saved by the A. As a

DEVELOPMENT OF ISLAMIC FINANCE IN CIS COUNTRIES

DEVELOPMENT OF ISLAMIC FINANCE IN CIS COUNTRIES PDF Author: ALAM ASADOV - BAHODIR NURMUKHAMEEDOV
Publisher: العبيكان للنشر
ISBN: 6038427007
Category : Business & Economics
Languages : en
Pages : 247

Get Book Here

Book Description
ABOUT AUTHORS: Άκη Ακκάτην PLC curely on Aof the Department of France ist frince JumUlyadh, Saud Arabia, He obtained hPD degree Filamic France kam nemotional Center for Giocatonamc Phance NCBE) has bachon and meate's degrees aconomics kom the Univity of Richmond, and the University of A ША нарости academic case at the Head of Pe Rewich department and lecturer af Samarkandule of boonomics and Service in 2007. He at worked as on Sconomics lecturer of Wecmender international Univenity in Tabeer and then Senior Lechawaid Programme Otector of Wa Management Devetipment witute of Singapore taitent for severat wan Ex. Azdov has published chaples in edited books ont articles many joumalt and took part in numerous contences and project grontsch Worksted to learn Money arid Monstary ly tam tecing Home Financingnan Capital and bullyFinoning and Iconamic and financid Stability, He has been reviewing proper for a number of Intermational peeteet jouent for the last few ye Boktiode Namukатесовани candidate in Mamic financie fly Maraya Pahang (UM), Before that, he obtained his bachelor's degree in blanic dentom Thenentiekistan and a master's in finance from PICEF Malaysia He has completed the Chartered smocnic Finance protestond coune in 2015 after which engaged the chance educator indiatry whereby he joined the Tmance Accreditation Agency (MA) under the Centes fons of Motoyae hos been exposed to wartour proanch with theing degrees in taamic tonking, bamic Capital markets, and Talk, and actively participated in the preparation of prepor Standards saved by the A. As a

ISLAMIC FINANCE IN THE CIS COUNTRIES

ISLAMIC FINANCE IN THE CIS COUNTRIES PDF Author: Almira Nagimova
Publisher: Academus Publishing, Incorporated
ISBN: 9781494600204
Category :
Languages : en
Pages : 190

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Book Description
Over the past decades, Islamic Finance has expanded its presence to many countries, including the former Soviet Union. It is not surprising that its expansion has become a subject of great interest to scholars, politicians, practitioners, and the general public. How big is the market for Islamic Finance in the post-Soviet region? Who are the key market players? What are their investment strategies on this territory? Finally, what are the limits for the development of the Islamic Finance industry in the CIS countries? This book attempts to find the answers to these questions by examining a broad empirical base of more than 1,000 deals from 1991 to 2020, as well as using a sociological approach. Another attempt has been made to assess the total volume of Islamic capital and determine the problems and prospects of this market in the CIS countries. The book will be of interest to the management of banks, investment companies, funds, ministries, as well as anyone interested in the world economy, international relations and the religious factor in the economy of post-Soviet countries.

Islamic Banking And Finance In South-east Asia: Its Development And Future (2nd Edition)

Islamic Banking And Finance In South-east Asia: Its Development And Future (2nd Edition) PDF Author: Angelo M Venardos
Publisher: World Scientific
ISBN: 9814477451
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
To truly understand the current interest in the development of Islamic banking and finance in South-East Asia and how it is different from the conventional banking system, one must first understand the religious relationship originating from the Qur'an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate Shari'ah law and Islamic jurisprudence. With this platform established in the first part of the book, readers are invited to learn about the financial products and services offered, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims.This second edition contains updates of statistics and dates with regards to the development of Islamic banking in Malaysia, Singapore, Indonesia and Brunei. In particular, the chapter on Singapore details significant developments such as the direction which major banks are taking towards Islamic banking and the increase in Islamic banking products being offered.Although written by a non-Muslim author, this highly-regarded book is being translated into Arabic by a leading Islamic university in the Middle East.

I for Impact: Blending Islamic Finance and Impact Investing for the Global Goals

I for Impact: Blending Islamic Finance and Impact Investing for the Global Goals PDF Author: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD)
Publisher: United Nations Development Programme Istanbul International Center for Private Sector in Development (UNDP IICPSD) and Islamic Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
The 2030 Agenda for Sustainable Development offers a masterplan to create a better world for the people and the planet. It’s scale and ambition, however, requires new development partnerships supported by adequate financial and technical resources. As a response, development practitioners started to explore alternative and complementary innovative instruments to finance the SDGs -one of which is the prospects for increased cooperation and coordination between Islamic finance and impact investing. To date, however, the academic and development literature has lacked a systematic exploration of this promising collaboration between Islamic finance and impact investing. This present study attempts to fill this gap by developing the first knowledge product to increase awareness on this collaboration. I for Impact attempts to raise awareness on the compatibility between Islamic finance and impact investing. It reviews recent developments and key factors for growth, pinpoints similarities between the two sectors, and makes policy recommendations for development actors to create the conditions for the two sectors to benefit from each other.

Globalization and Islamic Finance

Globalization and Islamic Finance PDF Author: Hossein Askari
Publisher: John Wiley & Sons
ISBN: 1118178904
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
This is an extremely valuable book written by three highly qualified scholars whose credentials for writing such a book are difficult to match. The timing of the book is also perfect, having come at a time when the worst financial crisis in living memory has intensified the quest for reform of the international architecture. The proposals made by the authors should go a long way in not only reforming the system but also in accelerating the move towards financial globalization and convergence of the conventional and Islamic financial systems. Dr. Umer Chapra Prominent Scholar of Islamic Economics and currently Research Advisor Islamic Research and Training Institute (IRTI), Islamic Development Bank (IDB) Globalization and Islamic Finance, by three well-respected authors in Islamic finance, provides a thought-provoking analysis of an important and topical issue, particularly, given the global impact of the current financial and economic crises. The book is the first attempt to make a compelling case of convergence between globalization and Islamic finance. Askari, Iqbal and Mirakhor should be praised for this serious effort, which is a must-read for academics and practitioners interested in Islamic finance. Professor Rifaat Ahmed Abdel Karim Secretary General Islamic Financial Services Board (IFSB) This book has a robust discussion of the growth and spread of Islamic finance within the umbrella of globalization. The book provides a unique view of Islamic finance, not only from the perspective of how Islamic finance fits within globalization in general, but globalization of finance in particular. This is a must read for anyone interested in the complex and complicated world of Islamic finance. Scheherazade S. Rehman, Ph.D. Director, European Union Research Center Professor of International Finance, School of Business The George Washington University I have not come across any literature that has delved so intensely in financial globalization, in particular Islamic finance. Due to this reason, I would encourage all interested in this area to read this book. Hajah Salma Latiff Managing Director, Crescent Sdn. Bhd. Former Director, Centre for Islamic Banking, Finance and Management (CIBFM), Universiti Brunei Darussalam The recent crisis has evoked wide interest in Islamic finance publications. Globalization and Islamic Finance is both timely and needed. Sani Hamid Director, Wealth Management Financial Alliance (Singapore)

Economic Development and Islamic Finance

Economic Development and Islamic Finance PDF Author: Zamir Iqbal
Publisher: World Bank Publications
ISBN: 0821399543
Category : Business & Economics
Languages : en
Pages : 375

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Book Description
Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

Islamic Finance and Sustainable Development

Islamic Finance and Sustainable Development PDF Author: M. Kabir Hassan
Publisher: Springer Nature
ISBN: 3030760162
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
The book is a collection of chapters discussing the Sustainable Development Goals in the broader context of Islamic finance along with mapping the SDGs with Maqasid Al-Shariah. It provides a framework for both Muslim and non-Muslim countries to develop a sustainable economy which encompasses not only the concept of the welfare state but also supports development-related activities, ensures financial inclusion through equal distribution of wealth and alleviation of poverty, and protects the overall environmental and ecological system. More specifically, this book explores various aspects of Islamic finance in relation to parameters of SDGs; restructuring of Islamic finance and connecting its dots in the light of SDGs; Islamic perspective on ESG and ecological quality; interest-free tools and modernization of Islamic financial institutions for sustainable development and economic stability; and the role of Islamic finance in infrastructure-related development activities. Consistent with the view that SDGs are embedded within the theme of Islamic finance, this book is specifically designed to meet the needs of key regulatory institutions, academic scholars, and industry practitioners both in the field of Islamic finance and sustainable finance.​

Islamic Capitalism and Finance

Islamic Capitalism and Finance PDF Author: Murat Çizakça
Publisher: Edward Elgar Publishing
ISBN: 0857931482
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
'It was a humbling experience to read the product of such a remarkable feat of scholarship. It is all at once an exploration in analytic history and a complete text of Islamic finance theory and application. It is also one of the most succinct renditions of the evolution of Islamic finance embedded in a comprehensive account of the particularities of economies as diverse as Malaysia and Turkey. This is a unique contribution to Islamic finance and Islamic economic history. It has been a rewarding learning experience. It is truly a breathtaking effort.' – Abbas Mirakhor, former IMF Executive Director and the recipient of the Islamic Development Bank Prize in Islamic Economics (2003) This illuminating and thought-provoking book questions whether classical Islamic capitalism, which has served Muslims so well for centuries, can provide a viable alternative world economic system. In the current recession – the worst since 1929 – this is surely a provocative question. But if Islamic capitalism is to emerge as a viable alternative, its nature and systems must be well understood. Murat Çizakça explores key issues within Islamic capitalism and finance, shedding light on whether the Islamic system can indeed be called 'capitalist', the principles on which the system was built, the institutions that were consequently developed, how they function and have evolved, and, perhaps, most importantly, whether they can be modernized to meet today's needs. Against the backdrop of rapid change in the Middle East, this book gives a solid background to the economic systems that will emerge in the world of Islam. An essential guide to the past, present and future of Islamic economy and finance, this compelling book will prove to be of particular interest to academics and researchers of economics, finance, economic and financial history and political science.

Rethinking Islamic Finance

Rethinking Islamic Finance PDF Author: Ayesha Bhatti
Publisher: Routledge
ISBN: 1317064089
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with ‘juristically sound’ Islamic principles. This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments. This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry.

The Global Financial Crisis and the Islamic Finance

The Global Financial Crisis and the Islamic Finance PDF Author: Hussein Elasrag
Publisher: Hussein Elasrag
ISBN: 8827566910
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
The world economy is still suffering the crisis, considered the most severe since the Great Depression, where economic downturn at historic magnitude and many countries across the globe, irrespective of their development level, are still under strain dealing with this crisis.This book tries to note the main causes and the impacts of the current financial and economic crisis. In addition to discuss the belief that the Islamic Finance and its prospective is a viable alternative to the ailing global financial system