Islamic finance has grown exponentially since 1963 and has reached more than 70 countries around the world with the asset size of about $2.5 trillion. The Islamic financial system today comprises a sizable asset base and there is evidence of sustained demand for Islamic financial products and services in the global market, with demand outstripping supply. This book provides a new source of understanding of the Islamic financial products in view of facilitating academia, industrialists, professionals, product designers, students and policymakers globally. There is a mass of literature on Islamic finance available to the market, but very little research is found in the form of book exclusively on Islamic financial products and their structures. Thus, this book is a timely contribution to the global market with Islamic financial product solutions.
İçerik tablosu
1. Islamic Financial System.- 2. Role of the OIC and other International Organizations towards a Sustainable Development of Islamic Finance.- 3. Evolution of Islamic Financial Products and Services.- 4. Islamic Financial Policies.- 5. Islamic Financial Services Board (IFSB) and Its Regulatory Functions in Islamic Financial Industries.- 6.
Bay’ al-‘Inah (buy back sale) and Its Position in the Modern Islamic Finance.- 7. Instruments Facilitate Islamic Financing.- 8. Pricing Techniques of Islamic Financial Products.- 9. Remedies for Breach of Financial Contract under
Shari’ah.- 10. Islamic Equity Financing:
al-Musharakah,
al-Mudharabah and
al-Qiradh.- 11. Islamic Debt Financing.- 12. Islamic Trade Financing Instruments and Mechanisms.- 13. IIslamic Trade Financing Frameworks.- 14.
Shari’ah Model of International Trade Financing.- 15. Islamic Model of International Trade and Shipping.- 16. Islamic Accepted Bill.- 17. Islamic Lease Financing (
al-Ijarah).- 18. Islamic
Leasing Leading to Ownership (
al-Ijarah Tantahi Bi al-Tamleek).- 19. Islamic Hire-purchase (
al-Ijarah Thumma al-Bay’).- 20. Islamic Manufacture Financing (
al-Istisna’).- 21. Islamic Manufacture Financing Contract (‘
Aqd al-Istisna’).- 22. Islamic Venture Capital.- 23. Sukuk Paradigm and Structure.- 24. Islamic Loan (
al-Qardh).- 25. Islamic Financial Wealth Management.- 26. Islamic Financial Planning.- 27. Islamic Unit Trust (Micro-saving).- 28. Islamic Financing for the Sustainable Development Growth (i-SDG).- 29. Islamic Fin-tech: Digital Financial Products.- 30. Islamic Cryptocurrency.
Yazar hakkında
Mohd Ma’Sum Billah is Professor of Finance and Insurance at the Islamic Economics Institute, King Abdulaziz University, Saudi Arabia. He is a member of various organizations and groups, including the working group of the Shari’ah Compliance functions, the AAIOFI Governance & Ethics Board (AGEB), AAIOFI, Bahrain and the Audit Committee, ACIG, Saudi Arabia alongside being an advisor to ICMIF, London. He is an author of 31 books and chapters in several books in the areas of Islamic and comparative finance, insurance, investment, capital markets, business, asset management and e-Commerce. He has also published more than 150 articles in Islamic and comparative finance, banking, capital markets, insurance, business and social finance and completed nine funded research projects successfully on different issues of Islamic and comparative finance and commerce funded by the Malaysian government and the Central Bank. He has presented more than 200 papers and lectures atconferences, summits, conventions, seminars, executive workshops and forums in the specialized issues of Islamic finance, insurance, capital market, investment, business, social finance and cryptocurrency.