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…
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.
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 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.
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.
Related Products
Healing With the Medicine of the Prophet SAW (New Edition – Full Colour)
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.
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.
Your Money Matters (H/B)
This book highlights issues that are important and relevant to Muslims when they engage in tasks related to personal finances, business administration, investment, and work. Readers will find an overview of relevant excerpts from the Qur’an and the authentic Sunnah. Non-Muslims as well can gain valuable insights from this book that should prove useful in today’s multi-cultural business landscapes.
The Book Of Revenue
Kitab al-Amwal (The Book of Revenue) is the work of a brilliant legal mind. Abu Ubayd al-Qasim ibn Sallam provides us with an accurate record of legal precedents laid down in the first two centuries of Islam, in particular those pertaining to the sources of revenue and the avenues of public expenditure. The power of the book, however, lies in the method of the author and the analysis undertaken by him. He gathers together the traditions of the Prophet (pbuh), the opinions of his companions, and the views of eminent jurists, and then subjects them to legal analysis that is unparalleled in Islamic legal literature. The book is essential for every student of Islamic law, especially those who wish to master the art of interpreting and analyzing legal traditions and early precedents. In the discipline known as fiqh al-sunnah, there is no book or manual that can compete with this outstanding work.
Islamic Capital Markets: Principles and Practices (P/B)
KEY FEATURES OF THE BOOK
* It elucidates the principles and practices of the Islamic capital market with academic rigours.
* It sheds light on the cutting-edge practical issues faced by the industry.
* Every chapter contains relevant case studies and supportive illustrations.
* Multiple Choice Questions (MCQs) and discussion questions are provided at the end each chapter.
KEY SUBJECTS
Shari’ah framework, Regulatory framework, Corporate and Shari’ah governance, Risk management, Accounting and taxation, Sukuk Islamic equity market, Islamic unit trust, REITs and ETFs, Islamic private equity and venture capital, Islamic derivatives and hedging and Islamic structured investment products.
Riba: Usury or Interest
The Noble Qur’an states: {… Fear Allah, and give up what remains of your demand for usury/interest, if you are indeed believers. If you do not do so, then take notice of war from Allah and His Messenger.} (Qur’an 2: 278-279) Despite this obvious prohibition, the practice of ribâ (usury and interest) has polluted the global economy completely. This booklet explains the awful consequences of dealing in usury and interest in a summarized but convincing manner.
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.
A Mini Guide to Takaful (Islamic Insurance)
This Mini Guide will prove useful and constructive to readers who want a better understanding of the takaful industry in contemporary Islamic finance.
Recently Viewed
Under The Sea (P/B)
Dive beneath the ocean waves and discover a world full of Allah’s wonders—colorful fish, mighty whales, gentle turtles, playful dolphins, and more! Through captivating rhymes and vibrant illustrations, children learn how every creature is cared for by Allah, the Most Merciful, who provides for them in the deepest waters. With Qur’anic reminders and heartwarming reflections, this book inspires gratitude, trust, and awe, showing little readers that just as Allah looks after all sea creatures, He is always looking after them too.
Islamic Studies Grade 1 – Darussalam
Grade 1 covers a variety of topics, including Allah as the One, the Creator, and the Giver of Life; pillars of Islam; Iman; performance of wudo; prayer; several sections about the Prophet Mohammad (s); and more. This book also contains fun activities and review sections.
My Prophet Muhammad Busy Book
Therefore, we as parents, have an important duty to raise our muslim children following Islamic teachings and instill Tawheed by understanding that anything can happen with Allah’s permission, even the moon could split!MashaAllah..
I hope this busy book (and story book too) can be a ‘tool’ for parents to teach our children in a fun way!
All activities and stories in this book come with the references from the Quran and authentic hadeeth. It has been reviewed and approved by scholar alhamdulillah
What you’ll receive:
1. A custom made zipper bag
2. 32 pages busy book
3. Puzzle pieces
4. A marker pen
5. Cotton balls
Forty Hadiths On Good Moral Values (H/B)
The statements and actions of our Prophet Muhammad (s) contain much that we need: rules and advice, reminders, examples, warnings and encouragement. The collection of hadiths in Forty Hadiths on Good Moral
Values by Yahya Ondigo contains some of the Prophet?s statements on positive ethics and attributes that all people-Muslims and non-Muslims-should strive to adopt in the way we deal with others; we need to work to incorporate these morals and principles into our daily habits.
10 Week-by-Week Arabic Sight Words
An easy system for teaching the most common 100 Quranic Words.
The ultimate 10 Week by Week Arabic Sight Words Workbook. WIth activity pages that help kids recognize, write, and really LEARN the Top 100 Quranic high-frequency words. Which are key to reading success. Watch confidence soar as children master 100 sight words the most commonly encountered words in the Quran and Arabic language. Children read more fluently, write with greater ease, and spell more accurately when they know these high-frequency words!
Arabic Through The Qur’an
Whether used as a means of self-instruction or as part of higher learning coursework, this language primer is ideally suited for those wishing to learn classical Arabic and for Muslims who wish to learn Arabic exclusively for use in their religious and spiritual practice. Designed to enhance the understanding of the Qur’an and its vocabulary that has infiltrated the whole of Arabic and Islamic literature, this workbook provides 40 easy-to-follow lessons for learning Qur’anic rather than modern Arabic. Beginning with a section on the Arabic alphabet, the text moves on to individual lessons that address one or more grammatical topics, ranging from the basics of nouns, adjectives, and prepositions to the more complex concepts of the imperative, the passive, and conditional sentence, introducing new vocabulary in the process. Accompanying translation exercises, a glossary of technical terms, and an index supplement the main text.
[GM] Activity Flash Cards Arabic Alphabet
28 double-sided cards help to teach both the alphabet and words!
Ages 3+
A Muslim Boy’s Guide to Life’s Big Changes (Ta-Ha)
Motivational & Manners
In Pursuit of Allah’s Pleasure
In this book the authors outlined a complete methodology for Islamic work today. From `Aqeedah to Da’wah, Jihad to Khilafah and Taqwa to Sabr (patience), they explained how all of these parts of Islam come together for the sole objective of each and every Muslim: to seek the Pleasure of Allah ( SWT ), the Irresistible. It was written in a manner portraying the true situation of the Muslims today and, coming from imprisoned scholars: a realistic portrayal.
This book is an excellent read by itself and an even better guide if used as a syllabus in learning Islam in an organised, collective manner. It is ideal as a basis for study circles and acts as a comprehensive manual. Coupled with the supplementary reading of some other books in the English language and memorisation of the Holy Quran, it can consolidate the knowledge of anyone seeking to work for Islam in this day and age.
Contents
Preface
Introduction
Part One: Our Ultimate Goal
Part Two: Our `Aqeedah
Part Three: Our Understanding
Part Four: Our Aim
Part Five: Our Path
Part Six: Our Provisions
Part Seven: Our Walaa’ (Loyalty)
Part Eight: Our ‘Adaa’ (Animosity)
Part Nine: Our Gathering
Glossary of Arabic Trems
The Twentieth Century has witnessed one of the fiercest blows inflicted upon our Ummah by our enemy: the collapse of the Khilafah. If only their conspiracy had stopped at the demise of Khilafah. But they went on to indoctrinate Muslims with strange, foreign ideas and concepts, in order to confuse our understanding of our Deen. Once we wake up and try to return to our original Deen, we will be confronted with an intellectual perplexity, in which evil and good is mixed. Hence, the truth will be ambiguous and we will go astray, and lose the true understanding of Islam.
And hold fast, all of you together, to the Rope of Allah (this Qur’an) and be not divided among yourselves.” [Surah Ale-Imran (3), Ayah 103.]
by Dr. Naahah Ibrahim, Asim Abdul Maajid and Esaam-ud-Deen Darbaalah
My Arabic Number Book (Boardbook)
The Four Imams
This book is a compilation of four books which deal with the lives and works of the four imams who founded the four great canonical schools of thought of Islamic fiqh; Imam Abu Hanifah, Imam al-Shafi’i, Imam Malik Ibn Anas & Imam Ahmad Ibn Hanbal. The book was originally written in Arabic by the great Egyptian scholar and theologian Muhammad Abu Zahra and is presented in English for the first time.
[AR] Kayfa Tutkinun Sorfa (كيف تتقن الصرف التَّطبِيقُ مِنَ الْقُرْآنِ الْكَرِيمِ وَالسُّنَّةِ النَّبَوِيَّةِ)
كيف تتقن الصرف
التَّطبِيقُ مِنَ الْقُرْآنِ الْكَرِيمِ وَالسُّنَّةِ النَّبَوِيَّةِ
—-
اسم المؤلف : احمد اسكندر




































































There are no reviews yet.