Kettell Introduction to Islamic Banking and Finance

1. Auflage 2011
ISBN: 978-1-119-99127-4
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 192 Seiten, E-Book

Reihe: Wiley Finance Series

Introduction to Islamic Banking and Finance is a succinctguide to the key characteristics of Islamic banking highlightinghow these differ from conventional banking. This detailed bookillustrates how Islamic banking is consistent with the Sharia'a, akey element of which is the prohibition on collecting and payinginterest. This central religious precept appears to rule out mostaspects of modern finance but it does allow money to be used fortrading tangible assets and business, which can then generate aprofit. Brian Kettell's book looks at all aspects of Islamicbanking, including chapters on its creation and evolution throughto detailed discussions of the issues involved in the Sharia'acontracts of Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a, andSalam. Islamic insurance (Takaful) is also covered. Finally thebook takes a look at Sharia'a law and Sharia'a boards, indicatingthe 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. Conventionalbankers have traditionally viewed the sector as a small, exoticniche but recent years have seen a dramatic surge in popularity. Anumber of Western investment banks have started working with Muslimclerics to create new ranges of financial products designed fordevout Muslims, a large and growing market. Although estimates ofthe size of the Islamic finance industry vary greatly, everyoneagrees that it is expanding rapidly and this is the perfect bookfor anyone looking to understand the industry.

Autoren/Hrsg.

Kettell, Brian

Über Autor(innen)

Brian Kettell has a wealth of practical experience in thearea of Islamic banking and finance. He worked for several years asan Advisor for the Central Bank of Bahrain where he had numerousIslamic banking responsibilities.
Subsequently, Brian taught courses on Islamic banking and financeat 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 CentralBank of Iran, the Central Bank of Syria, the Chartered Institutefor Securities and Investment, the Institute for Financial Servicesand Scotland Yard.
Brian's vast academic expertise in Islamic finance is highlightedby his role as former Joint Editor of the Islamic FinanceQualification Handbook and his past teaching work at a numberof top universities worldwide including the London School ofEconomics, the City University of Hong Kong, the AmericanUniversity of the Middle East in Kuwait and London MetropolitanUniversity Business School.
Brian's impressive list of publications include over 100 articlesin journals, business magazines and the financial press includingIslamic Business and Finance, Islamic Banking and Finance, theCentral Banking Journal, Euromoney, the SecuritiesJournal and the International Currency Review. He hasalso published 6 books on Islamic banking and financial markets.