Islamic finance and economic development : risk, regulation, and corporate governance

✍ Scribed by Amr Mohamed El Tiby Ahmed, Wafik Grais

Publisher: John Wiley & Sons
Year: 2015
Tongue: English
Leaves: 258
Series: Wiley finance series
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Islamic finance, like conventional finance is a business of financial intermediation. Its distinctive features relate to the requirement that it abides by Shari'a rules that promote fairness of contracts and prevention of exploitation, sharing of risks and rewards, prohibition of interests, and tangible economic purpose. Islamic finance should not fund activities considered "haram" or sinful. The book expounds on �Read more...

Abstract:

A comprehensive guide to mitigating risk and fostering growth in the Islamic financial sector Islamic finance, like conventional finance is a business of financial intermediation. �Read more...

✦ Table of Contents

Content: Preface ix Acknowledgments xv Acronyms xvii About the Authors xxi PART ONE Emergence of Modern Islamic Finance 1 CHAPTER 1 History and Core Principles of Islamic Finance 3 CHAPTER 2 Islamic Finance: Opportunity for Egypt s Development 19 PART TWO Managing Systemic Risks 51 CHAPTER 3 Risks, Spillovers, and Distress 55 CHAPTER 4 Coping with Crises: Policies, Institutions, and Markets 67 PART THREE Regulatory Challenges 93 CHAPTER 5 The Dilemma of Tailor-Made versus Mainstream Regulation 95 CHAPTER 6 Toward an Enabling Framework 107 PART FOUR Corporate Governance 121 CHAPTER 7 Financial Fiduciary Governance 123 CHAPTER 8 Corporate Governance and Shari a Compliance 145 CHAPTER 9 Toward a Systemic Shari a Governance Framework 181 APPENDIX Islamic Finance: The International Landscape 205 References 217 Index 231

✦ Subjects

Banks and banking -- Religious aspects -- Islam.

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