Get A Guide to Islamic Finance PDF

By Munawar Iqbal

ISBN-10: 1904339859

ISBN-13: 9781904339854

A concise file for senior executives in funding banks and based items to fast snatch the rules in the back of Islamic finance and know the way to increase items that might conform to Islamic rules. the most recent addition to the preferred hazard Books govt studies sequence will show you how to get entangled during this US$300 billion business.

Although the roots of Islamic finance lie in old Islamic rules, the advance of Islamic finance as an is comparatively new. while traditional advertisement banks supply monetary intermediation providers at the foundation of curiosity (charged and paid), the elemental premise of Islamic finance is the prohibition of curiosity. Islamic bankers have built a few tools that could practice monetary intermediation capabilities with out the involvement of curiosity. From a small banking test in rural Egypt through the Sixties, Islamic finance is at present increasing at a price of 10-15% every year. It now represents an unlimited international perform and the popular channel of banking for one 5th of humanity.

Rapid progress is anticipated for this and Islamic finance deals vibrant customers for these concerned. one of many purposes for this optimism is the large volume of petro-dollars (estimated to be US$1.3 trillion) at present afloat because of the put up Iraq struggle raise in oil costs. because of which, the variety of excessive web worthy contributors within the heart East (of whom the bulk are Muslim) has elevated by way of 9.5% during the last few years. for this reason there's large scope for constructing and advertising new Islamic monetary tools and Shari’ah compliant cash managers are super good positioned.

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A Guide to Islamic Finance by Munawar Iqbal


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