Islamic Finance News

Books

	THE STABILITY OF ISLAMIC FINANCE: CREATING A RESILIENT FINANCIAL ENVIRONMENT FOR A SECURE FUTURE The validity of the current financial regime has been in question since the 2007 global financial crisis exposed its vulnerabilities that stem from high leveraging, a complex system of transactions and instruments, and a disconnect between the real and financial sector. The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future (Wiley 2010) develops an analytical case for the inherent stability of an Islamic financial system, a system that is based on equity financing and risk sharing. AUTHOR/EDITORS: Hossein Askari, Zamir Iqbal, Noureddine Krichene & Abbas Mirakhor PUBLISHER: John Wiley & Sons (Asia) Pte Ltd ISBN: 978-0-470-82519-8

	GLOBALIZATION AND ISLAMIC FINANCE: CONVERGENCE, PROSPECTS AND CHALLENGES Globalization and Islamic Finance: Convergence, Prospects and Challenges offers an analysis of globalization and Islamic finance. This book discusses the growth and spread of Islamic finance within the umbrella of globalization. It provides a view of Islamic finance, not only from the perspective of how Islamic finance fits within globalization in general, but globalization of finance in particular. AUTHOR/EDITORS: Hossein Askari, Zamir Iqbal, Abbas Mirakhor PUBLISHER: Wiley Finance (John Wiley and Sons Ltd) ISBN: 978-0-470-82349-1

	TAKAFUL ISLAMIC INSURANCE: CONCEPTS AND REGULATORY ISSUES Authors Rifaat, Archer and Volker bring an international perspective to the growing Islamic Insurance industry. Drawing on contributions from leading experts around the world, they present a comprehensive view of the very issues governing the Takaful industry and its future direction. As top financial institutes around the world seem to enter the lucrative Takaful markets, this timely book offers crucial background information and advice, invaluable for any serious player in the market. AUTHOR/EDITORS: Simon Archer, Rifaat Ahmed Abdel Karim, Volker Nienhaus PUBLISHER: John Wiley & Sons (Asia) ISBN: 978-0-470-82352-1

	THE CHANCELLOR GUIDE TO THE LEGAL AND SHARI'A ASPECTS OF ISLAMIC FINANCE The Chancellor Guide to the Legal & Shari'a Aspects of Islamic Finance is the first professional reference text to focus specifically on the legal dimensions of Islamic Finance. The Guide brings together 19 Islamic finance legal practitioners and advisors, with each contributor drawing on years of hands-on experience in Islamic finance product development and advice to leading financial institutions, to provide a real-world and contemporary assessment of the key legal issues in Islamic Finance. AUTHOR/EDITORS: Humayon A Dar & Umar F Moghul PUBLISHER: Chancellor Publications ISBN: 978-1-899217-09-0

	AN ISLAMIC MICROFINANCE ENTERPISE This research is vital to be documented as one of the grounding research works done without any financial support or grant. This is viewed with the objective of assisting the relevant authorities to view the Brunei communities in terms of developing small and medium enterprises. This study can provide a few good directions for policy makers in their attempts to reduce the poverty problem.and it is hoped that this research will encourage the relevant governmental and private institutions that concern with poverty alleviation to take appropriate steps to introduce programs to resolve this problem. AUTHOR/EDITORS: Dr. Saad Al-Harran, Alfred Yong Foh Sen & Sri Anne Haji Masri PUBLISHER: Xlibris Corporation ISBN: 978-1-4363-4525-5

	ISLAMIC FINANCE This practical title features insightful chapters by leading practitioners in Islamic financing and analyses market trends, key developments and structures for Sukuk, syndications, funds, Takaful, project financing and Islamic liquidity management.This unique title is essential reading whether you are already engaged in Islamic financing transactions or interested in understanding the Islamic finance market and the structures underpinning the world's fastest-growing finance sector. AUTHOR/EDITORS: Rahail Ali - Lovells PUBLISHER: Globe Law and Business ISBN: 978-1-905783-13-7

	GLOBAL ISLAMIC FUND DATABASE AND DIRECTORY Listing in excess of 335 funds in the online database, Eurekahedge covers 85% of the Islamic fund market. The printed 2006/07 edition, which contains 302 listings, is now available. Islamic Finance news subscribers are entitled to 15% off the retail price of our Islamic database subscription. For details, email agnes@eurekahedge.com (*terms and conditions apply) AUTHOR/EDITORS: Teoh Yee Ling PUBLISHER: Eurekahedge, 2006 ISBN:17934303

	AN INTRODUCTION TO ISLAMIC FINANCE: THEORY & PRACTICE An authoritative overview of the key religious principles and their impact on Islamic finance. Iqbal and Mirakhor point out some advantages of this system over conventional debt and interest-based finance. The book gives a unique insider’s view of how the principles of Islam can produce a viable and stable economic system. In doing so, it highlights and questions inequities that have become embedded in conventional financial systems. AUTHOR/EDITORS: Zamir Iqbal and Abbas Mirakhor PUBLISHER: John Wiley & Sons (Asia) ISBN: 13:978-0470-82188-6

	ISLAMIC BANKING & FINANCE IN SE ASIA: With 2 editions published to date, readers will learn about the financial products and services available in Islamic banking, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can offer both Muslims and non-Muslims. AUTHOR/EDITORS: Angelo M Venardos PUBLISHER: World Scientific Publishing ISBN: 981-256-888-3 (pbk) Published on October 2006

	ISLAMIC ECONOMICS: A SHORT HISTORY The study covers Muslim economic thought from the emergence of Islam, long before economics became a separate discipline with distinctive analytical tools. Detailed consideration is given to Islamic economic thought during the dynasties of the Umayyads and the Abbasids, periods of administrative and economic reform, as well as of much later developments under the Ottomans, Safawids and Moghuls. AUTHOR/EDITORS: Ahmed El-Ashker and Rodney Wilson PUBLISHER: Brill Academic Publishers

	CORPORATE GOVERNANCE: AN ISLAMIC PARADIGM This is a compilation of nine articles discussing relevant and current issues pertaining to Islamic governance as practised around the world. The articles aim to provide contrasting views and innovative procedures on Islamic governance. The book also serves as a good comparative source for students and practitioners. AUTHOR/EDITORS: VASEEHAR HASSAN, BALA SHANMUGAM, VIGNESEN PERUMAL PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-3455-30-1

	ISLAMIC BANKING: AN INTERNATIONAL PERSPECTIVE Researchers will find this tome useful, especially the chapters that provide current data on Islamic banking, which is difficult to obtain. The book also provides an opportunity for readers to not only comprehend Islamic banking but also to understand its beginnings and progress in 12 countries. AUTHOR/EDITORS: BALA SHANMUGAM, VIGNESEN PERUMAL, ALFIEYA HANUUM RIDZWA PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-2871-68-9

	ISSUES IN ISLAMIC ACCOUNTING Issues in Islamic Accounting covers the various issues and perceptions of Islamic accounting from various parts of the world. Designed primarily as a source of reference, this book will be useful to researchers of the subject. It contains a total of 12 articles discussing relevant and current issues. AUTHOR/EDITORS: BALA SHANMUGAM, VIGNESEN PERUMAL, ALFIEYA HANUUM RIDZWA PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-3455-07-7

	ISLAMIC RETAIL BANKING AND FINANCE: GLOBAL CHALLENGES AND OPPORTUNITIES By Sohail Jaffer This book brings together into one volume the views and experiences of the individuals and institutions that have broke new ground in promoting, marketing and establishing Islamic retail products. It describes the changing role and market for Islamic retail finance across the globe, the development and marketing of Islamic home finance, insurance and wealth management products, as well as discrete legal and regulatory issues facing Islamic banks. Includes a complete glossary of Islamic financial terms. Published June 2005

	ISLAMIC BONDS: YOUR GUIDE TO STRUCTURING, ISSUING AND INVESTING IN SUKUK By Nathif J Adam and Abdulkader Thomas The full potential of the Sukuk range of securities is far from realized. This detailed guide will enhance your understanding of the nature of Sukuk, and the development of the sovereign and corporate Sukuk market. Find out how to structure Sukuk transactions, including eligible assets, investment vehicles, undertakings and credit enhancement. Published 2004

	ISLAMIC ASSET MANAGEMENT: FORMING THE FUTURE FOR SHARIAH COMPLIANT INVESTMENT STRATEGIES By Sohail Jaffer, with 25 leading practitioners This book discusses the innovative approaches taken by banks, asset managers, Shariah scholars, service partners and distribution partners to provide Shariah compliant investment structures. Whether you are advising retail, high net worth, corporate or sovereign investors on equity investments, Sukuk, real estate investments, Takaful or alternative investment vehicles, it aims to provide a comprehensive, global examination of Islamic asset management issues.

	ISLAMIC FINANCE: INNOVATION AND GROWTH Edited by Profs Simon Archer and Rifaat Ahmed Abdel Karim and 15 industry practitioners An examination of Islamic finance, its role in the global financial system, the legal and accounting framework and the specific practicalities of structuring successful financing in accordance with Shariah law. It focuses on Islamic finance and Shariah-compliant structures in retail and private banking, trade and commodity finance, project finance, leasing and property finance, corporate finance, and risk management. Published in association with AAOIFI

	INTEREST IN ISLAMIC ECONOMICS: UNDERSTANDING RIBA By Abdulkader Thomas Featuring contributions from prominent international scholars, the book presents readers with various interpretations of the Islamic economic concept of riba. Academics and professionals with an interest in Islamic studies, economics and legal history should find it helpful. Publication date: November 2005

	MONEY IN ISLAM: A STUDY IN ISLAMIC POLITICAL ECONOMY By Masudul Alam Choudhury This volume takes a unique and challenging look at how money has operated in Islamic society and the impact of Islamic theoretical frameworks on perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds light on this area, and will be of interest to academics, graduates and researchers internationally. Publication date: November 1997

	ISLAMIC ECONOMICS AND FINANCE: A GLOSSARY By Muhammad Akram Khan Islamic economics and finance have increased in importance over the last few decades, with new Islamic financial institutions opening up and several important books published on the topic. This glossary, fully updated and revised for the new edition, uses easy-to-understand language to introduce terms used by Muslim scholars, historians and legal experts. It covers the Islamic side of such terms as taxation, banking, insurance, accounting and auditing. The book's unassuming yet comprehensive nature will appeal to economists, bankers and accountants as well as students and researchers with an interest in economics and finance. Publication date: July 2003 (2nd Ed)

	MEDIEVAL ISLAMIC ECONOMIC THOUGHT: FILLING THE GAP IN EUROPEAN ECONOMICS By S M Ghazanfar This book is a collection of papers on the origins of economic thought discovered in the writings of some prominent Islamic scholars, during the five centuries prior to the Latin Scholastics, who included St Thomas Aquinas. Joseph Schumpeter labeled this period as representing the “great gap” in economic history. Unfortunately, this “gap” is well embedded in most relevant literature. However, during this period the Islamic civilization was one of the most fertile grounds for intellectual developments in various disciplines, including economics, and this book attempts to fill that blind spot in the history of economic thought. Publication date: May 2003

	THE ISLAMIC WORLD SYSTEM: A STUDY IN POLICY MARKET INTERACTION By Masudul Alam Choudhury This book presents an alternative vision of globalization and explores the epistemology, derived from the Quran and the prophetic guidance of Sunnah, that underpins the systemic unity at the heart of the Islamic concept of world system. Choudhury's investigation reveals the ethical foundations that influence the development of law, markets and social contract in Islamic societies. He then applies his methodology to issues and problems such as property rights, money, political economy, technology diffusion, microenterprise development and asset evaluation. Publication date: May 2003

	ISLAMIC INSURANCE: A MODERN APPROACH TO ISLAMIC BANKING By Aly Khorshid Some Muslims believe insurance is unnecessary, as society should help victims. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme. Publication date: February 2004

	CRITICAL ISSUES ON ISLAMIC BANKING AND FINANCIAL MARKETS This book examines the principles and practices of Islamic banking and financial markets, particularly from the Malaysian experience. The principles of risk-taking (ghorm) and work (kasb) are paramount in determining Shariah legitimacy of profits derived from transactions in Islamic financial institutions. Risk and work both constitute the essence of trading and commerce (al-bay) the Quran has propagated over usury (riba). Based on these principles, the book examines current Islamic financial products with a critical outlook. It consists of 11 sections, each containing short articles on Islamic financial markets.