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An Introduction to Islamic Finance: Theory and Practice
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business account Hardcover: 350 pages Publisher: Wiley; 2 edition (August 9, 2011) Language: English
ISBN-10: 0470828080 ISBN-13: 978-0470828083 Product Dimensions: 6.3 x 1.1 x 9.3 inches Shipping
Weight: 1.6 pounds
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Book Description
The first book to offer comprehensive coverage of Islamic finance and banking and its
applications to the rest of the world, now fully revised and updated The ongoing international
financial crisis has reignited debate over the development of a risk-sharing financial system, such
as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second
Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial
system is exactly what we need to promote greater financial stability. Providing comprehensive
coverage of the fundamental theory behind Islamic finance and banking, according to the core
concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct
features of an Islamic financial system and how it compares with traditional financial models.
Addressing the myriad important developments that have taken place in recent years, this second
edition looks to the future, addressing emerging issues sure to influence future developments in
Islamic finance. Explores the unique features of an Islamic financial system, how they compare to
more traditional financial systems, and how they could improve them Discusses all the most
recent developments and emerging issues in Islamic finance Updated with the latest
developments, trends, innovations, and statistics, this new edition features additional chapters on
the financial crisis, globalization, non-bank financial institutions, and recent developments in
Takaful (Islamic insurance) The first edition of An Introduction to Islamic Finance established the
book as the market leader, and this newly revised and updated second edition incorporates the
most recent developments in this booming financial sector, including financial stability,
globalization, and non-banking financial institutions.

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