Books

The recent world financial crisis has led to major trepidation over risk management in conventional financial systems. Adopting an Islamic financial system could end these worries. Islamic finance is based on principals of equitable and just risk sharing. By implementing a wider reliance on risk sharing, governments can create a stable, vibrant economy. For example, governments could issue shares to finance development projects, and place limits on short sales and leveraging. Islamic finance is a promising potential tool for financial reform.

Islamic banking is a rapidly growing field. The guiding principles of Islamic banking have existed throughout Islamic history, but modern Islamic banking is a relatively new concept. Islamic banking provides businesses with an ethical, and often more stable, alternative to traditional finance. In fact, the Islamic financial system was relatively untouched by the global economic crisis. Straightforward strategies allow Islamic finance can be implemented into modern business activities with great success.

The first comprehensive guide to Islamic financial markets Based on the course taught at the International Islamic University Malaysia, this is the first book on Islamic finance to focus exclusively on money and capital markets. Covering basic concepts as well as current practices in Islamic financial markets, the book features case studies from real markets.