Buch, Englisch, 200 Seiten, Format (B × H): 80 mm x 252 mm, Gewicht: 460 g
Reihe: Wiley Finance Series
Products and Processes in Practice
Buch, Englisch, 200 Seiten, Format (B × H): 80 mm x 252 mm, Gewicht: 460 g
Reihe: Wiley Finance Series
ISBN: 978-1-119-12720-8
Verlag: Wiley
A complete, detailed guide to modern Islamic banking fundamentals
Modern Islamic Banking provides a comprehensive, up-to-the-minute guide to the products, processes and legal doctrines underlying Islamic banking. Written by a pioneering practitioner in the field, this book provides thorough guidance and expert-level perspective on the principles and applications of this alternative-banking model. You'll begin by learning the fundamentals, vocabulary and key concepts of Islamic banking, then explore key products including istisna'a, murabaha, musharaka, ijara, sukuk, and salam. Coverage then moves into practical applications of Islamic products to a variety of contexts including asset management, treasury, risk management, venture capital, SME finance, micro-finance and taxation. Regulatory frameworks are discussed in detail, including extensive coverage of post-financial crisis Islamic bank valuation.
Islamic banking has experienced rapid growth over the past decade, a trend that is set to continue given the sector's successful weathering of the financial crisis. This book brings you up to speed on this alternative way of banking, and shows you how it applies within your own current practices.
* Understand the principles of Islamic banking and finance
* Learn the products, vocabulary and key concepts of the field
* Consider the applications in a variety of financial contexts
* Explore the regulatory frameworks and valuation of Islamic banks
Islamic banking practices differ from Western banking in fundamental ways -- it's these differences that shielded the sector during the global crisis, but they also require practitioners to understand a whole new set of rules, products and practices. Modern Islamic Banking gives you a solid understanding of the fundamentals and expert insight into modern practical applications.
Autoren/Hrsg.
Fachgebiete
Weitere Infos & Material
Acknowledgments
About the Author
Introduction
Chapter 1: Historic Developments
1.1 The History of Finance
1.2 The History of Islamic Finance
Chapter 2: Economic Principles
2.1 Early Economic Thought
2.2 The Prohibition of Interest
2.3 Modern Economics and Banking
2.4 Islamic Ethics
2.5 Contracts and Prohibitions
2.6 Sharia'a and Prohibitions
Chapter 3: Islamic Finance Products Explained
3.1 Definitions
3.2 The Asset
3.3 Transaction Types
3.4 Bond-Like Instruments
Chapter 4: Distribution of Islamic Products
4.1 Distribution Channels and Sharia'a Compliance
4.2 Sharia'a Compliant versus Sharia'a Based
4.3 Competition or Opportunity
Chapter 5: Application of Islamic Products in Retail Finance
5.1 Current Accounts
5.2 Credit card
5.3 Deposit Accounts
5.4 Funds
5.5 Mortgage Products
5.6 Personal Loans
5.7 Transfers
Chapter 6: Application of Islamic Products in Treasury
6.1 Interbank Liquidity
6.2 Hedging
6.3 Combination of Transaction Types
6.4 Asset-Based Securities
6.5 Syndication
Chapter 7: Application of Islamic Products in Corporate Finance
7.1 Trade Finance
7.2 Project Finance
7.3 Property Finance
7.4 Leasing
Chapter 8: The Application of Islamic Products to Private Equity
Chapter 9: The Role of the London Metal Exchange
9.1 The London Metal Exchange
9.2 Warrants
9.3 LME Base Metals
Chapter 10: Asset Management
10.1 Selection of Sharia'a compliant investments
10.2 Types of Funds
Chapter 11: Risks in Islamic Banks
Chapter 12: Governance
12.1 Roles
12.2 Social Responsibilities
12.3 Structures and variations of Sharia'a Supervisory Boards
12.4 Serving on Multiple Boards
Chapter 13: The Islamic Financial Infrastructure
13.1 Regulatory Institutions
13.2 Socially Responsible Investments and Micro Finance
13.3 The Case for LIBOR
Chapter 14: Capital Adequacy Concerns
14.1 Challenges Within the Basel Capital Adequacy Framework
14.2 IFSB Capital Adequacy Standards
14.3 Capital Adequacy for Islamic Banks around the World
14.4 Expected Future Developments in Capital Adequacy
Chapter 15: How to Value a Bank
15.1 The Components
15.2 The Models
15.3 The Special Case of Banks
15.4 The Special Case of Islamic Banks
15.5 Can a Bank be Valued?
Chapter 16: The Future
Glossary
Selected Bibliography
Index
