000 02041nam a2200241 a 4500
001 ASIN0748627774
003 OSt
005 20200227134543.0
008 150206s2010 xxu eng d
020 _a0748627774 (paperback)
020 _a9780748627776 (paperback)
037 _bMulti-Line
_cPKR 3697.52
040 _cAUMC
082 _a337
100 1 _aWarde, Ibrahim.
245 1 0 _aIslamic finance in the global economy /
_cIbrahim Warde.
250 _a2nd ed.
260 _aEngland :
_bEdinburgh University Press,
_c2010.
300 _axii, 271p. ;
_c(R 4 SH 2 )
520 _aIslamic finance is growing at an astonishing rate and is now a $1200 billion industry, with operations in over 100 countries. This book explains the paradox of a system rooted in the medieval era thriving in the global economy. Coverage is exhaustively comprehensive, defining Islamic finance in its broadest sense to include banks, mutual funds, securities firms and insurance (or takaful) companies. The author places Islamic finance in the context of the global political and economic system and covers a wide variety of issues such as the underlying principles of Islamic finance, the range of Islamic financial products, and country differences. He also discusses a number of economic, political, regulatory and religious concerns and challenges. This second edition has been completely revised and updated to take into account the great changes and developments in the field in recent times. It includes the impact of the 9/11 and 7/7 terrorist attacks on the industry, the new forms of interaction with Western financial institutions, the emergence of innovative products such as sukuk, attempts by a broad range of financial centres - including Kuala Lumpur, London, Singapore, Bahrain and Dubai - to become global hubs of Islamic finance, and the repercussions of the 2008 global financial meltdown on Islamic institutions.
856 4 0 _3Amazon.com
_uhttp://www.amazon.com/exec/obidos/ASIN/0748627774/chopaconline-20
942 _2ddc
_cBK
999 _c19053
_d19053