The publication is an effort to explain the financial tools in use by Islamic banks. Islamic legal issues pertinent to utilizing these mechanisms are related from various decisions such as Shar'iah board rulings. For ten modes of investment, the author presents definitions, proof of legality, applicable regulations, and the scope that the mode is found useful for. The work split into four chapters. The first chapter deals with trade operations. The second chapter is concerned with leasing. The third chapter is focused on partnership arrangements. The last chapter discusses profit-sharing ventures. In each chapter, there is a division within the operation type. Diagrams are included by means of illustrating the finance arrangement under discussion.
Year
1995
Country
Saudi Arabia
Language
English
Abstract
English
No. of Pages
Vol. 1 728p.; Vol. 2 784p
Select type of work
Name of the Publisher
CIS Program Old
CIS publications
No
CIS Thesis
No