Rethinking Islamic Finance

Download Rethinking Islamic Finance full books in PDF, epub, and Kindle. Read online free Rethinking Islamic Finance ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Rethinking Islamic Finance

Rethinking Islamic Finance
Author :
Publisher : Routledge
Total Pages : 191
Release :
ISBN-10 : 9781317064084
ISBN-13 : 1317064089
Rating : 4/5 (089 Downloads)

Book Synopsis Rethinking Islamic Finance by : Ayesha Bhatti

Download or read book Rethinking Islamic Finance written by Ayesha Bhatti and published by Routledge. This book was released on 2018-12-12 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with ‘juristically sound’ Islamic principles. This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments. This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry.


Rethinking Islamic Finance Related Books

Rethinking Islamic Finance
Language: en
Pages: 191
Authors: Ayesha Bhatti
Categories: Business & Economics
Type: BOOK - Published: 2018-12-12 - Publisher: Routledge

DOWNLOAD EBOOK

Islamic finance’s phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and ins
Rethinking Sovereign Debt
Language: en
Pages: 342
Authors: Odette Lienau
Categories: Business & Economics
Type: BOOK - Published: 2014-02-18 - Publisher: Harvard University Press

DOWNLOAD EBOOK

Conventional wisdom holds that all nations must repay debt. Regardless of the legitimacy of the regime that signs the contract, a country that fails to honor it
Rethinking Halal
Language: en
Pages: 317
Authors:
Categories: Social Science
Type: BOOK - Published: 2021-03-22 - Publisher: BRILL

DOWNLOAD EBOOK

Rethinking Halal reflects an anthropological revolution, that of the scientising, standardising, and normalising of social life through certification which is p
Rethinking Political Islam
Language: en
Pages: 401
Authors: Shadi Hamid
Categories: Political Science
Type: BOOK - Published: 2017 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Rethinking Political Islam offers a fine-grained and definitive overview of the changing world of political Islam in the post-Arab Uprising era.
Beyond Debt
Language: en
Pages: 272
Authors: Daromir Rudnyckyj
Categories: Social Science
Type: BOOK - Published: 2018-11-22 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

Recent economic crises have made the centrality of debt, and the instability it creates, increasingly apparent. This realization has led to cries for change—y