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Understanding Islamic Finance (The Wiley Finance Series) | 
| Author: Muhammad Ayub
Publisher: Wiley
Category: Book
List Price: $60.00
Buy New: $48.00
You Save: $12.00 (20%)
Rating:  2 reviews
Sales Rank: 133710
Media: Hardcover
Pages: 542
Number Of Items: 1
Shipping Weight (lbs): 2.4
Dimensions (in): 9.5 x 7 x 1.5
ISBN: 0470030690
Dewey Decimal Number: 332.091767
EAN: 9780470030691
ASIN: 0470030690
Publication Date: January 2, 2008
Availability: Usually ships in 24 hours
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| Editorial Reviews:
Product Description
In Understanding Islamic Finance Muhammad Ayub introduces all the essential elements of this growing market by providing an in-depth background to the subject and clear descriptions of all the major products and processes associated with Islamic finance. Key features include: - Discussion of the principles of Islamic finance;
- Introduction to the key products and procedures that International Financial Institutions are using or may adopt to fund a variety of clients ensuring Sharīah compliance;
- Discussion of the role Islamic finance can play in the development of the financial system and of economies;
- Practical and operational examples that cover deposit and fund management by banks involving financing of various sectors of the economy, risk management, accounting treatment, and working of Islamic financial markets and instruments.
This book is not only an important text for all banks and financial institutions entering this particular market with a commitment to building Islamic financial solutions, but is also essential reading for undergraduate and postgraduate students of Islamic finance.
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| Customer Reviews:
Comprehensive work on Islamic finance October 28, 2008
Rolf Dobelli (Luzern Switzerland)
Muhammad Ayub provides a thorough report on the major economic and political ramifications of Islamic finance, now practiced in more than 75 countries. This system follows specific, religion-grounded financial policies. For instance, it accommodates Riba, the Islamic prohibition of certain kinds of gains, including interest. Ayub makes it clear that Islamic finance, backed by billions in petrodollars, could come to compete with Western capitalist practices, which he roundly criticizes. His book is simultaneously academic, religious, legal, political and economic (as well as being rhetorical at times, with some challenging long and winding sentences). He also states some apparently opinion-based observations as facts, often with no references, but he knows his subject area and he sounds authoritative throughout, though you may differ with his political viewpoint. getAbstract finds this book critically important for anyone whose work is touched by Islamic banking or finance.
Understanding Islamic Finance August 7, 2008
Y. Ogiso (Tokyo, Japan)
1 out of 1 found this review helpful
This is a comprehensive material for the islamic finance. This book is focused on the theoretical aspect of the islamic finance. A good material for the readers who desire to acquire the overview of the legal theory of the islamic finance laws. I am satisfied with this book.
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