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Islamic Finance For Dummies
A detailed look at the fast-growing field of Islamic banking and finance The global Islamic finance market is now worth about $700 billion worldwide. Islamic Finance For Dummies helps experienced investors and new entrants into Islamic finance quickly get up to speed on this growing financial sector. Here, you'll find clear and easy-to-understand information on how you can incorporate Islamic finance products into your investment portfolio. You'll quickly and become acquainted with the theory, practice, and limitations of Islamic banking; understand how to develop products for the Islamic financial industry; grasp the objectives and sources of Islamic law and the basic guidelines for business contacts; learn about Islamic fund management and insurance; and much more. With the help of Islamic Finance For Dummies, you'll discover the fast and easy way to tap into the booming Islamic finance arena.
- GenresFinance
384 pages, Paperback
First published August 1, 2012
22 people are currently reading
92 people want to read
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Displaying 1 - 5 of 5 reviews
August 17, 2020
Simple and easy to understand the Islamic finance. The best reference book in Islamic finance
November 26, 2013
The book I read to research this post was Islamic Finance For Dummies by Dr Faleel Jamaldeen which is a very good book which I read at
http://safaribooksonline.com
Islamic finance started to catch on in the 60's & 70's & was a sector of the banking industry that was quite resilient to the banking crisis partly because they couldn't sell the debts from mortgages onto someone else. Basically they aren't allowed to charge interest on borrowings or give interest on deposits. They can charge a fee on borrowings and can pay a proportion of profits on deposits however. Also the money deposited by muslims can't be invested in things connected to anything like pork production, gambling, pornography, weapons, booze, cloning tobacco or illegal drugs. Cloning is a new regulation. Also islamic banks are subject to sharia regulations and other islamic regulations like accounting. London leads the way in Europe with the Islamic Bank Of England although the Luxembourg Stock Exchange was first to use Islamic Finance. Equally with insurance they can't pay an interest dividend or no claims bonus and instead bus proportion of profits for not claiming. The islamic population is growing very rapidly especially in Asia & Africa & this is very much seen as a growth industry. The author of this book works at a university and is a specialist in Islamic Finance. I did enjoy reading this book and found it very interesting. Many banks like Lloyds TSB & HSBC are also getting involved in it.
http://safaribooksonline.com
Islamic finance started to catch on in the 60's & 70's & was a sector of the banking industry that was quite resilient to the banking crisis partly because they couldn't sell the debts from mortgages onto someone else. Basically they aren't allowed to charge interest on borrowings or give interest on deposits. They can charge a fee on borrowings and can pay a proportion of profits on deposits however. Also the money deposited by muslims can't be invested in things connected to anything like pork production, gambling, pornography, weapons, booze, cloning tobacco or illegal drugs. Cloning is a new regulation. Also islamic banks are subject to sharia regulations and other islamic regulations like accounting. London leads the way in Europe with the Islamic Bank Of England although the Luxembourg Stock Exchange was first to use Islamic Finance. Equally with insurance they can't pay an interest dividend or no claims bonus and instead bus proportion of profits for not claiming. The islamic population is growing very rapidly especially in Asia & Africa & this is very much seen as a growth industry. The author of this book works at a university and is a specialist in Islamic Finance. I did enjoy reading this book and found it very interesting. Many banks like Lloyds TSB & HSBC are also getting involved in it.
August 29, 2016
I really enjoyed this book for the most part. It did a really good job at introducing the subject as many "For Dummies" books are. The book is written from a standpoint that you probably don't know much about Islam, but you know a lot about finance.
August 17, 2020
The best reference book in Islamic finance
August 18, 2020
Simple and easy insights for Islamic finance
Displaying 1 - 5 of 5 reviews