Understanding Islamic finance / Muhammad Ayub.

By: Ayub, Muhammad, 1951-Material type: TextTextSeries: Wiley finance seriesPublisher: Chichester : John Wiley & Sons, c2007Description: xxvi, 516 p. : ill. ; 25 cmISBN: 9780470030691 (cloth : alk. paper)Subject(s): Finance -- Islamic countries | Finance -- Religious aspects -- Islam | Economics -- Religious aspects -- IslamDDC classification: 332.091767 LOC classification: HG3368.A6 | A98 2007Online resources: Contributor biographical information | Publisher description | Table of contents only
Contents:
Distinguishing features of the Islamic economic system -- The main prohibitions and business ethics in Islamic economics and finance -- The philosophy and features of Islamic finance -- Islamic law of contracts and business transactions -- Trading in Islamic commercial law -- Loan and debt in Islamic commercial law -- Overview of financial institutions and products: conventional and Islamic -- Murabaha and musawamah -- Forward sales : salam and istisna'a -- Ijarah / leasing -- Participatory modes : shirkah and its variants -- Some accessory contracts -- Application of the system : financing principles and practices -- Sukuh and securitization : vital issues in Islamic capital markets -- Takaful : an alternative to conventional insurance -- An appraisal of common criticism of Islamic banking and finance -- The way forward.
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Includes bibliographical references (p. 497-504) and index.

Distinguishing features of the Islamic economic system -- The main prohibitions and business ethics in Islamic economics and finance -- The philosophy and features of Islamic finance -- Islamic law of contracts and business transactions -- Trading in Islamic commercial law -- Loan and debt in Islamic commercial law -- Overview of financial institutions and products: conventional and Islamic -- Murabaha and musawamah -- Forward sales : salam and istisna'a -- Ijarah / leasing -- Participatory modes : shirkah and its variants -- Some accessory contracts -- Application of the system : financing principles and practices -- Sukuh and securitization : vital issues in Islamic capital markets -- Takaful : an alternative to conventional insurance -- An appraisal of common criticism of Islamic banking and finance -- The way forward.

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