Book providing a compilation of Shari'a rulings handed down between 1979 and 1986 by the Kuwait Finance House's Shari'ah Supervisory Commission pertinent to economic practices (esp. regarding foreign exchange and mortgage procedure).
Introduces concepts essential to Islamic finance (sukuk, Islamic wealth and asset management, Islamic private equity, and
There is a distinction in shari`a between charitable financial activity and commercial financing. Several Islamic financial instruments are discussed in detail, including
The work is a compilation of twenty-one distinct papers. The collection comprises a portion of the proceedings of a joint conference arranged by the Centre of Islamic and Middle Eastern Law (CIMEL), School of Oriental and African Studies (SOAS), and the Institute of Advanced Legal Studies (IALS) Law and Development Programme in June of 1993. The papers are classified in the publication into seven categories: 1. Works addressing old and new models; 2. Works related to company and labor legislation matters; 3. Works on the banking industry; 4. Works dealing with maritime law; 5.
The book is comprised of three sections dealing respectively with Islamic law, the practice of Islamic banking and finance, and a discussion of case studies. Part One is authored by Vogel and addresses the Shari'ah rulings pertinent to financial transactions. The Islamic law of contracts is discussed, as is the legal framework laid out in the Shari'ah for financial institutions and financing methods. Part Two, authored by Hayes, is a descriptive analysis of Islamic banking and finance. Hayes introduces financial instruments and illustrates them with hypothetical examples.
The book contains eleven articles on the globalization of business from a 1992 conference in Columbus, Ohio. The topics of the articles include business ethics in the West and Asia, as well as academic and religious (Buddhist, Jewish, Christian, and Islamic) perspectives.