Islamic Finance: Principles and Practice (BOK)

Hans Visser

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This thoroughly updated and revised second edition analyses the ideas behind Islamic finance, the forms Islamic finance has taken in practice and the tension between the two that may occasionally arise. Along with an expanded section on the history of the ban on interest, this second edition contains a much more extensive discussion of investment and savings accounts, sukuk and tawarruq. Hans Visser aims to answer key topics on Islamic finance, ranging from the principles behind the phenomenon to the interaction of the market place with religious restrictions. How can governments finance their deficits and central banks conduct monetary policy without the interest-rate instrument? What price do the clients of the Islamic financial system pay for the increase in complexity and loss in flexibility compared with conventional finance? How do banking supervisors take account of the associated risks? In answering these questions, Visser's systematic treatment of the belief system and a discussion on the acceptability of disputed instruments of Islamic finance distinguish the book from others in its field. Islamic Finance is essential reading for students of economics, finance and Islamic studies. Moreover, a detailed examination of fiscal and monetary policies ensures that it will also appeal to banking staff, financial journalists and politicians alike.

Produktfakta

Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2013 Forfatter Hans Visser
Forlag
Marston Book DMARSTO Orphans
ISBN 9781781001738
Antall sider 256 Dimensjoner 15,6cm x 23,4cm x 2,6cm
Vekt 588 gram Leverandør Bertram Trading Ltd
Emner og form Finance