Introduction to Islamic Banking and Finance (eBook)

Brian Kettell (Autor)

eBook Download: PDF

2011 | 1. Auflage
192 Seiten
John Wiley & Sons (Verlag)
978-1-119-99127-4 (ISBN)

Infos

Introduction to Islamic Banking and Finance is a succinct
guide to the key characteristics of Islamic banking highlighting
how these differ from conventional banking. This detailed book
illustrates how Islamic banking is consistent with the Sharia'a, a
key element of which is the prohibition on collecting and paying
interest. This central religious precept appears to rule out most
aspects of modern finance but it does allow money to be used for
trading tangible assets and business, which can then generate a
profit. Brian Kettell's book looks at all aspects of Islamic
banking, including chapters on its creation and evolution through
to detailed discussions of the issues involved in the Sharia'a
contracts of Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a, and
Salam. Islamic insurance (Takaful) is also covered. Finally the
book takes a look at Sharia'a law and Sharia'a boards, indicating
the roles and responsibilities that come with membership.

Islamic banks have been operating in places such as Bahrain,
Saudi Arabia, Malaysia and Dubai for some time. Conventional
bankers have traditionally viewed the sector as a small, exotic
niche but recent years have seen a dramatic surge in popularity. A
number of Western investment banks have started working with Muslim
clerics to create new ranges of financial products designed for
devout Muslims, a large and growing market. Although estimates of
the size of the Islamic finance industry vary greatly, everyone
agrees that it is expanding rapidly and this is the perfect book
for anyone looking to understand the industry.

Autor

Brian Kettell has a wealth of practical experience in the area of Islamic banking and finance. He worked for several years as an Advisor for the Central Bank of Bahrain where he had numerous Islamic banking responsibilities. Subsequently, Brian taught courses on Islamic banking and finance at a range of financial institutions including the World Bank, National Commercial Bank (Saudi Arabia), Global Investment House (Kuwait), Noor Islamic Bank (UAE), the UK Treasury, the Central Bank of Iran, the Central Bank of Syria, the Chartered Institute for Securities and Investment, the Institute for Financial Services and Scotland Yard. Brian's vast academic expertise in Islamic finance is highlighted by his role as former Joint Editor of the Islamic Finance Qualification Handbook and his past teaching work at a number of top universities worldwide including the London School of Economics, the City University of Hong Kong, the American University of the Middle East in Kuwait and London Metropolitan University Business School. Brian's impressive list of publications include over 100 articles in journals, business magazines and the financial press including Islamic Business and Finance, Islamic Banking and Finance, the Central Banking Journal, Euromoney, the Securities Journal and the International Currency Review. He has also published 6 books on Islamic banking and financial markets.

Produkt-Details

• Erscheint lt. Verlag: 5.7.2011
• Reihe/Serie: Wiley Finance Series
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
• Schlagworte: Finance & Investments • Finanz- u. Anlagewesen • Finanzwesen
• ISBN-10: 1-119-99127-7 / 1119991277
• ISBN-13: 978-1-119-99127-4 / 9781119991274