Description
| Product ID: | 9781032455013 |
| Product Form: | Hardback |
| Country of Manufacture: | GB |
| Series: | Islamic Business and Finance Series |
| Title: | The Islamic Finance Industry |
| Subtitle: | Issues and Challenges |
| Authors: | Author: Burak Cikiryel, Tawfik Azrak |
| Page Count: | 158 |
| Subjects: | Economic theory and philosophy, Economic theory & philosophy, Monetary economics, International economics, Finance and the finance industry, Banking, Monetary economics, International economics, Finance, Banking |
| Description: | The primary objective of this book is to highlight the main issues and challenges the Islamic finance industry faces and to offer practical solutions. It classifies the main components of Islamic finance and provides readers with a unique and holistic overview of the subject. The chapters are written by well-renowned experts in the field. Islamic finance has emerged to meet the financial needs of people who seek a different approach to conventional banking and finance. Due to its late inception, Islamic finance has often been regarded as an "infant industry" compared to its traditional counterparts. Even though the Islamic finance industry is still classified as nascent, it has shown rapid growth in the last decade or so. The primary objective of this book is to highlight the main issues and challenges the Islamic finance industry faces and to offer practical solutions. Firstly, the book classifies the main components of Islamic finance such as money and banking, capital markets, fintech, microfinance, insurance as well as morality and governance. Secondly, all of the chapters are combined according to their relationship and link with each other so as to provide readers with a unique and holistic overview of the subject. The chapters are written by well-renowned experts in the field. As well as offering readers theoretical information about each subject under discussion, it also advances practical solutions that can contribute to the development of each field. The book answers questions such as how money is created by banks; what the business model of Islamic banking should look like; whether Islamic microfinance institutions are sustainable; what the likely framework of takaful should be; what the potential role of fintech could be in reshaping the Islamic financial system, and where and whether morality fits in the financial system. The book will attract the attention of students, researchers, practitioners, regulators and policymakers. |
| Imprint Name: | Routledge |
| Publisher Name: | Taylor & Francis Ltd |
| Country of Publication: | GB |
| Publishing Date: | 2023-05-26 |
