Buch, Englisch, 296 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 422 g
Buch, Englisch, 296 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 422 g
Reihe: Islamic Business and Finance Series
ISBN: 978-1-03-208005-5
Verlag: Taylor & Francis Ltd (Sales)
There is little debate in the Islamic tradition on the prohibition of riba. The differences, however, lie in the interpretation of riba and the question of how Muslims live in a society that is heavily reliant on interest and conventional banking, yet at the same time adhere to Islamic guidelines. Through the words of religious leaders, Muslim professionals and university students, Imran Lum provides real accounts of how Muslims in Australia and the UK practically deal with conventional banking and finance products such as home loans, savings accounts and credit cards. He also explores Muslim attitudes towards Islamic finance and queries whether religion is the sole determining factor when it comes to its uptake.
Drawing on his own unique experience as a practitioner responsible for growing an Islamic business in a conventional bank, Lum provides a firsthand account of the complexities associated with structuring Islamic finance products that are not only sharia compliant but also competitive in a non-Muslim jurisdiction. Using sukuk bonds as a case study, he highlights the tangible and non-tangible barriers to product development, such as tax and regulatory requirements and the rise of Islamophobia. Combining academic and industry experience, Lum unpacks the relationship of Islamic finance with Muslim identity construction in the West and how certain modalities of religiosity can lead to an uptake of Islamic finance, while others can lead to its rejection.
Zielgruppe
Postgraduate and Undergraduate
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
Weitere Infos & Material
1. Introduction 2. Research methodology 3. Religious leaders’ interpretation of riba and attitudes towards home loans, savings accounts and credit cards 4. Muslim professionals and university students’ interpretation of riba and attitudes towards home loans, savings accounts and credit cards 5. Islamic banking and finance in Australia and the UK 6. Challenges of structuring Islamic finance products in Australia: a case study on sukuk bonds 7. Islamic banking and finance and identity 8. Islamic banking and finance and religiosity 9. Conclusion 10. Bibliography