Islamic finance now, is seen as a viable alternative to the conventional financial system, which has the prospect of high growth and application that could potentially provide the panacea to address issues and problems currently facing the conventional financial system. Since Islamic finance is growing at a rapid pace and has started to melee meaningful economic contributions in many countries, there is a growing interest on the role of Islamic finance in contributing to efficient functioning of the overall financial system and its relation to the real economic activities. The unique feature of Islamic finance which requires the cormpliancy to the Shariah in all its aspects, would result in an economy achieving the maqasid al-Shariah and obtaining the noble objective of socio-economic justice for all which is the major characteristic of an Islamic economy. This book aims to provide a comprehensive understanding about the characteristics, structure and operations of an Islamic financial system, particularly in performing its role as an integral component of the overall economic system. This involves an understanding on the foundation as well as evaluation on the concepts and stricture of the Islamic financial system, as well as the legal and regulatory framework facing the system. Comparisons are made between the Islamic financial system with its conventional counter-part so as to highlight the unique features of the Islamic financial system in mobilising financial capital in a Shariah-compliant manner, while pointing-out the economic implications of the difference between the two systems. Key principles and characteristics of the lslamic financial system, as well as the financial product or instruments traded in various segments of the system are highlighted. This includes the operations of each component of the Islamic financial system, starting from the Islamic money market, Islamic equity market, sukuk market, Islamic unit trusts industry, Islamic banking institutions, and Islamic non-bank financial institutions. Also critical to the functioning of the Islamic financial system is the monetary system, which in essence, relate the Islamic financial system to the overall economic system.
Islamic Financial System: Theory and Practice
RM100.00
Frequently Bought Together
| Weight | 0.85 kg |
|---|---|
| Dimensions | 23 × 15.5 × 2.3 cm |
| Author | |
| Binding | Paperback |
| Pages | 363 |
| ISBN | 9789674910365 |
| Publisher | IIUM Press |
Be the first to review “Islamic Financial System: Theory and Practice” Cancel reply
You must be logged in to post a review.
You may also like…
Islam And The Business Mind-Set
Written by one of the top young entrepreneurs in the North of England, Ilyas Salim is MD of Salim Enterprise, a global investment company.
From this book, you will learn how to:
- Create a business mentality
- Start a moral and ethical business
- Expand your business
- Work smarter, not harder
- Attract Barakah into your business
- Achieve not just a work/life balance, but a total life balance.
All this is within the framework of the Qur’an and Hadith and examples from the life of the Prophet Muhammad SAW.
Islamic Legal Maxims & Their Application in Islamic Finance (2nd Ed.)
Islamic Legal Maxims and Their Application in Islamic Finance is one of the most comprehensive compilations of Islamic legal maxims available in English. The most important feature of this book is that it explains each maxim in a way comprehensible to both Shari’ah experts and Islamic finance practitioners. Another feature is its emphasis on the application of the maxims in the actual practice of Islamic finance.
Economic concepts of Ibn Taimiyah
This valuable work presents Ibn Taimiyah’s thoughts on the concept of Islamic economics, the state in the economy, on public finance, money, interest, prices, partnership, and profit-sharing, and offers a comparison of his ideas with those of some medieval scholars in Europe, along with a study of his influence on Islamic thinkers in later periods.
Economic Security In Islam
This book is an English rendering of a popular Arabic book entitled Mushkala al-Faqr wa Kaifa ‘Aljiha al-Islam by the renowned Muslim Scholar ‘Yusuf al-Qaradawi. The author depicts the basic principles of the Islamic Economic System in the light of the Holy Qur’an and the Sunnah.
An Islamic Paradigm In Economics Vision And Mission
This book emphasises not only thoughts and theoretical concepts, but also discusses their application.
in the real world. Hence, it suggests that a holistic approach to economic development, which harmonises between material and spiritual well-being is not entirely idealistic but is, in fact, pragmatic and applicable.
Islamic Finance in Malaysia: Growth & Development
This modern history of Islamic finance is pretty short spanning a period of roughly five decades, compared to conventional finance which goes back to more than four centuries earlier. Islamic finance has spread rapidly across the globe, reminiscent of Lao-Tzu’s famous saying “A journey of a thousand miles begins with a single step”. Malaysia, a pioneer in the development of the Islamic finance industry, has emerged as one of the major hubs for global Islamic finance.
Related Products
The Higher Objectives of Humanity
A video summary of this book can be found here: https://www.youtube.com/watch?v=YdNQxv_ODdc&t=26s This book discusses the why, what and how of Rahmatan lil-Alamin as the higher objective of humanity. It presents a practical understanding of the purpose of creation and humanity to improve the individual and collective well-being of Muslims and society. The intention is to re-introduce and re-emphasize the correct Islamic perspective of humanity. The first five chapters revisits the common understanding among Muslims as to why mankind is created. We show that the prevalent view that we are created to worship Allah (SWT) is incomplete. There is a higher and more noble purpose; Rahmatan lil-Alamin (mercy to the worlds). We next describe the what of Rahmatan lil-Alamin. The best role model of Rahmatan lil-Alamin is undoubtedly Prophet Muhammad (SAW), the last and final prophet and messenger, whom Allah (SWT) sent with a very clear purpose, “And We have not sent you but as a mercy to the worlds.” [21:107]. We present many examples from the history of Prophet Muhammad (SAW) and a collection of his (SAW) sayings and advice on being the best. The final chapters of the book deal with the how of Rahmatan lil-Alamin. We describe in detail how the Muslim can apply Rahmatan lil-Alamin daily in his or her life. We propose a practical model of Rahmatan lil-Alamin that we induced from the Quran. We also addressed how to apply Rahmatan lil-Alamin to a broader society by proposing a decision-making tool that can guide us as persons and as communities to make decisions that conform to the foundations and priorities of Rahmatan lil-Alamin. We present case studies from the history of the Companions using this decision-making model. This book seeks to establish a connection between Islam and civilization within a civilizational and ethical framework. We believe that a more proper and complete understanding of the Islamic view about humanity may present to us new perspectives of Islam and how Muslims should engage with fellow Muslims and people of other faiths. In fact, the implication of this new reinterpretation framework goes even further in that: any human civilization built on this framework is the most prosperous for the whole and also for the individuals in it.
Management of Halal Food Quality
Management of Islamic-based development is a new mechanism in quality management including halal food quality. Considering the issue of integrity in halal food-quality management, efforts to empower the economy of the country through halal food are faced with obstacles and constraints. This book highlights issues commonly found in the management field. This is seen important as those in the management of halal food quality are sometimes trapped in issues that can tarnish Islam. The production of foods that are not pure in nature (halal status not genuine) can also have a negative effect on the morals and souls of Muslims.
The Hard Truth of Islamic Finance
What is the book all about? It seeks to strike a balance between objectives and expectations. While expectations are easy, meeting objectives is hard.
The book also aims at unlocking the real face of Islamic finance without any make-up or cosmetic touch-up. The moment it is linked to something external and artificial, it becomes cluttered.
For all intents and purposes, every discipline has its core torso and fabric. Islamic finance should have its own ‘DNA’ and identity. The book is simply about bringing Islamic finance back to its basics. You may add on additional verticals and layers but it cant be on the expense of its core foundation.
Banking: The Root Cause Of The Injustices Of Our Time (Revised Ed.)
The original 1987 Norwich seminar Usury: The Root Cause of the Injustices of Our Time, whose proceedings form the core of this work, had an extraordinary effect.
After the endless analyses and altercations of left and right to which we were accustomed, here was an argument that went to the core of the matter in one bound, and yet did so with a degree of scholarship and indeed erudition that was not cavalier. The result was electric. It was also well before its time.
114 Tips to Help You Finally Memorize The Qur’an (P/B)
“114 Tips to Help You Finally Memorize the Qur’an is a concise book that aims to equip readers of all backgrounds with the information and techniques necessary in order to begin, continue with, and complete the memorization of the Qur’an, eliminating thereby the common excuse and reasons for not memorizing.”
Sukuk: Principles & Practices (P/B)
Sukuk are an important asset class which has captured the attention of a wide range of issuers and investors, regulators and sovereigns, and academics and market players. The sukuk industry has made remarkable leaps since its modern inception in the 1990s. It has grown in size and volume, evolved in structural possibilities, and successfully expanded the boundaries of the Islamic capital market to far-flung jurisdictions worldwide. Its promising future has led the International Shari’ah Research Academy for Islamic Finance (ISRA) and Securities Commission Malaysia (SC Malaysia) to collaborate to provide essential and comprehensive knowledge on this key instrument of the Islamic capital market.
Healing With the Medicine of the Prophet SAW (New Edition – Full Colour)
Public Policy: Beyond Traditional Jurisprudence A Maqasid Approach (IIIT)
This work charts new territory in Islamic scholarship by attempting to address the field of public policy from a maqasid (higher objectives of the Shariah) perspective. Public Policy is an independent discipline from both law and politics. Thus, Public Policy in Islam is introduced here as a qualitatively different enterprise from both fiqh (Islamic jurisprudence) and siyasah shar’iyyah (Shariah-oriented politics). The book deals with a number of critical topics that include methodology, governance, human rights, ethics, political power, and reform and renewal. It highlights how the maqasid approach is indispensable to the theory and practice of public policy in Islam, how it could resolve some of the most persistent governance dilemmas throughout Muslim history, but more significantly, how it forces a re-conceptualization of the wealth of knowledge available in Islam s primary sources to introduce Public Policy in Islam to mainstream policy studies.
Recently Viewed
Are We Muslims (Al-Firdous LTD)
An important work by Sheikh Muhammad Qutb about the true meaning of being a Muslim, questioning whether the life we are living today as a nation of Muslims is truly the Islamic life taught by the Qur’an and Sunnah.
Morphology Made Easy P/B (Part 1-4)
Prepared by the teachers of Madrasa Islamiyah Benoni, South Africa.
Four Key Concept of the Qur’an
Four Key concepts oF the Qur’An elucidates these basic Qur’anic concepts Ilah, Rabb, Ibadah and Din in order to bring out fully the Islamic way of life, as distinct from other perspectives. This elaboration goes a long way in developing a sound understanding of the Qur’an. It also explains the man-God relationship in Islam, guiding Muslims on how to lead their lives in total surrender to Allah.
Doa Harian Si Kecil (DCB)
Mudah-mudahan Doa Harian Si Kecil dapat menguatkan iman kita dan membantu kita sentiasa mengingati Allah.
When Hearing Becomes Listening
This book picks up where With the Heart in Mind stopped, diving deeper into the primary tool that enabled the Prophet (s.a.w.) to be so influential and leave such a profound impact on the people around him. The premise is simple. If you wish to be listened to like the Prophet (s.a.w.), you must first learn to listen like the Prophet (s.a.w.).
The Fragile Vessels (P/B)
This is one of a 3-book series covering various aspects of marriage according to the authentic Sunnah. Marriage plays a most central role in the human life, and has been largely discussed by the scholars of Islaam through the ages, resulting in numerous writings and treatises. Some of those writings, mostly by contemporary scholars, have been translated into English. However, we find them restricted in scope, addressing Muslims who live in predominantly Islaamic countries, or overlooking important real issues that have developed under modern civilization. This leaves quite a large gap that needs to be filled for the benefit of the Muslims in English-speaking countries, and this is what we attempt to fulfill over the span of three books.”
Covers the obligations of the two spouses, the wife’s rights, and the husband’s rights. Contains biographies of the Mothers of the Believers, paints a very realistic picture from the life of the Prophet (pbuh) with his wives, and presents a complete discussion of the hadeeth of Ummar Zar’.
Corporate Matrimony
If you have ever made a friend, dated somebody, married or divorced your partner, you have a hidden talent for Sales and Marketing.
Corporate Matrimony aims to bring the core essence of Sales and Marketing through the metaphors of relationship building towards marriage, sharing a journey of how to woo Clients into signing long-term, profitable and mutually benefiting partnerships.
It is suitable for readers of any background and encourages a mind shift that Sales and Marketing skills can be nurtured. A book that combines both ends of the business world; it shares insights by a worldly top management leader and “on the ground – facing Clients – war zone” techniques of the ever evolving middle manager.
Palestin Kami Datang (A5)
Masih ingat lagi tak anda peristiwa hitam yang menyelubungi aktivis negara kita apabila kapal Mavi Marmara yang membawa barangan untuk disumbangkan kepada rakyat Palestin diserang secara ganas oleh rejim Yahudi. Kejadian tersebut telah membuka mata ramai pihak dan mendapat kutukan keras daripada beberapa buah negara tentang kelakuan zalim tentera Israel kepada para aktivis.
Golden Supplications (P/B)
For this book, ‘ Golden Supplications’ I have chosen only the most important supplications, so that our common people are able to memorize them with ease from one single book. It has been the ardent desire of the management at Darussalam for quite some time to publish this book with a beautiful design and loyout, thus making it attractive and assissting common people learning. Furthermore, I have also added some instrustions and manners related to the supplications in order to assist the readers in understanding and implementing the duas. It is important that parents also memorize these supplications themselves as it will greaty help their children in memorizing them too.
Frame Khat BISMILLAH dan ASSALAMUALAIKUM
FRAME KHAT: ASSALAMUALAIKUM DAN BISMILLAH.
✔1 panel frame
✔Material : 440gsm Tarpaulin dengan kemasan frame kayu
✔High Quality Printing : 1200dpi
✔UV Ink untuk image yang lebih kemas
✔Warna yang menyerlah dan tahan lama
✔Kalis air dan mudah dibersihkan
✔2pcs hook dipasang di bahagian belakang
✔Frame Saiz : 24 X 5inci
Sunnahmu Amalanku
KEISTIMEWAAN BUKU INI:
- Memahami dalam mentaati ajaran yang disampaikan oleh Rasulullah SAW secara menyeluruh.
- Mempertahankan agama Islam dari serangan musuh-musuh Islam dengan penghujahan ilmiah.
- Mencintai perkara yang disukai oleh Nabi Muhammad SAW serta membasahi lidah dengan berselawat kepadanya.
Healing Carefulliy
From heartbreaks and uncertainty, to faith and contentment, this book brings readers along in the author’s journey of understanding God’s Wisdoms through life’s trials.








































































There are no reviews yet.