Books

The author's section on Islamic banks states that Islamic banking is seen by Muslims as a framework of dealings that is acceptable, in contrast to the capitalism of the conventional system. Islamic banks, he relates, ground themselves in the Shari'ah. There is risk sharing and justice in distribution. A brief history of the establishment of Islamic banks is given. The principles of Mudarabah and Musharakah are touched on. The relatively low volume of assets in Islamic banks is shown.

The only narrative about the Islamic finance industry written by a front-line practitioner. The book provides insight into the heart of a secretive and often misunderstood industry, and has received widespread critical acclaim. It draws on the author’s personal experience of working with the world’s leading bankers, lawyers and Shari’a scholars. Heaven’s Bankers debunks the myths of Islamic banking, analyses its most ground-breaking deals from a first person perspective and questions whether the Islamic finance industry remains true to its ideals of social justice and transparenc

Evaluates the strength and diversity of financial institutions in Arab economies, including Arab insurance companies, Islamic finance, development funds, and currency systems. Also provides a comparison of central versus commercial banks in Arab states.

Sustainable microfinance institutions in Iran have been poorly developed, mainly due to overregulation and subsidization on the part of the government. Bank Keshavarzi is a government owed agricultural bank acting as both a development and a commercial entity. Bank Keshravzi undertook a period of structural reform between 1998 and 2004 that involved resource mobilization, e-banking initiatives, credit and investment services, finance strategies, and human resources strategies. BK has been a profitable bank since 2001-2002 and has become gradually more self-reliant.

The work is the third part in a three-part compilation of works born out of the 1993 International Institute of Labour Studies. The works within this volume are seven in number and are contributed by deven distinct authors. One paper, by Hamid Tabatabai, looks at poverty and wealth disparities. Tabatabai's focus is on the countries of the less-developed world. A piece by Ruzwanul