Islamic banking refers to a financial system which is consistent with principles of Islamic law (or 'sharia') and guided by Islamic economics. In particular, Islamic law prohibits 'riba' or usury, the collection and payment of interest. Additionally, Islamic law prohibits investing in businesses considered unlawful ('haram') or contrary to Islamic values. In recent years, a number of Islamic banks have been created to cater to the growing demand, driven by globalization and the vast wealth of some Muslim states in the Middle East and Southeast Asia, and Islamic finance has moved from a niche position to become a mainstream component of the global banking system INDICE: Volume I: Pre- and Early Islamic Finance 1. Pre-Islamic Financial Setup 2. Early Islamic Financial System 3. Islamic Economic Philosophy Volume II: Evolution of the Islamic Financial System 4. Islamic Finance: Evolution and Institutions 5. The Discourse on Interest: Religious Context 6. Islamic Viewof Interest 7. Secular (Modern) View of Interest Volume III 8. Current Islamic Finance 9. Capitalization of Islamic Institutions 10. Markets and Design of Financial Instruments 11. Operations and Control of Islamic Banks Volume IV: Future Islamic Finance 12. Prospects for Islamic Finance 13. Challenges Facing Islamic Finance Globalization of Islamic Financial System
- ISBN: 978-0-415-48576-0
- Editorial: Routledge
- Encuadernacion: Cartoné
- Fecha Publicación: 14/05/2010
- Nº Volúmenes: 4
- Idioma: Inglés