{"product_id":"understanding-islamic-finance-hardcover","title":"Understanding Islamic Finance - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eMuhammad Ayub\u003c\/b\u003e (Author)\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003eMuhammad Ayub has provided the most comprehensive treatment to date of the contracts, products and systems used in Islamic finance. He explores how the concepts are rooted in the Islamic economic system in a way that will appeal to academics while at the same time giving a coherent account of the products that finance practioners should find helpful.\u003cbr\u003e --\u003cb\u003eProfessor Rodney Wilson, \u003c\/b\u003e \u003cb\u003eDirector of Postgraduate Studies, Durham University\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"The author has rendered a great service to the field of Islamic finance through this painstaking encyclopedic effort that could have only been undertaken by a dedicated scholar-teacher-trainer like Dr Ayub. This detailed compilation of the views of the four majority jurisprudential schools of thought in Islam on matters relating to financial transactions, presented and explained in clear language and applied to contemporary developments in Islamic banking and finance, is highly useful to students and practitioners of Islamic finance. The book is of particular significance for financial engineers who wish to design financial instruments compatible with the requirements of Islamic jurisprudence\"\u003cbr\u003e --\u003cb\u003eDr Abbas Mirakhor, Executive Director, IMF Washington DC\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Understanding Islamic Finance is the fruit of many years of hard work by the author based on his understanding of Islamic law and the principles of Islamic economics. Islamic economic system being a rule-base system can be understood very well when viewed as a set of contracts. Therefore, this book provides the vital bridge between the legal foundation and the theory of economic and financial systems in Islam. This bridge helps the reader better understand Islamic finance.\"\u003cbr\u003e --\u003cb\u003eDr Zamir Iqbal, World Bank, Washington DC\u003c\/b\u003e\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003eIn \u003ci\u003eUnderstanding Islamic Finance\u003c\/i\u003e Muhammad Ayub introduces all the essential elements of this growing market by providing an in-depth background to the subject and clear descriptions of all the major products and processes associated with Islamic finance. \u003c\/p\u003e\u003cp\u003eKey features include: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscussion of the principles of Islamic finance;\u003c\/li\u003e \u003cli\u003eIntroduction to the key products and procedures that International Financial Institutions are using or may adopt to fund a variety of clients ensuring Sharī´ah compliance;\u003c\/li\u003e \u003cli\u003eDiscussion of the role Islamic finance can play in the development of the financial system and of economies;\u003c\/li\u003e \u003cli\u003ePractical and operational examples that cover deposit and fund management by banks involving financing of various sectors of the economy, risk management, accounting treatment, and working of Islamic financial markets and instruments.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis book is not only an important text for all banks and financial institutions entering this particular market with a commitment to building Islamic financial solutions, but is also essential reading for undergraduate and postgraduate students of Islamic finance.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eMUHAMMAD AYUB\u003c\/b\u003e is Director Training, Development and Shari'ah Aspects at IIBI, London. Formerly, he was with the State Bank of Pakistan (central bank) where he headed the Islamic Economics Division and Shari'ah Compliance Division as Senior Joint Director in the Research and Islamic Banking Departments. He also served as Head of Islamic Banking at NIBAF, the training wing of SBP. Besides contributing a large amount of material, he has been serving as Master Trainer on theory and practice of Islamic finance.\u003cbr\u003e For last two decades, he has been involved in R\u0026amp;D for facilitating I.B. Industry, Products Development, IB Prudential regulations, Risk management and Shari'ah related controls and audit of Islamic banking institutions. This, along with his association with various Commissions set up from time to time on application of Islamic banking system, has lent him a pragmatic and balanced approach, a prerequisite for presenting such a book.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 544\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.48 x 9.75 x 6.99 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e December 01, 2007\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":47208746877177,"sku":"9780470030691","price":108.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/2782\/3097\/files\/I15rDWANDS9780470030691.webp?v=1768058029","url":"https:\/\/bookscloud.io\/products\/understanding-islamic-finance-hardcover","provider":"BooksCloud Book Dropshipping","version":"1.0","type":"link"}