Risk and Regulation of Islamic Banking (Foundations of Islamic Finance series)

Description: Risk and Regulation of Islamic Banking (Foundations of Islamic Finance series) [Hardcover] Lewis, Mervyn K.; Ariff, Mohamed and Mohamad, Shamsher Product Overview From a single product offering in 1963, the Islamic financial services industry has grown to an estimated $1.6 trillion in assets. Products must comply with profit and risk-sharing criteria and regulations preventing banks from venturing into activities with high risk and excessive uncertainty. This timely volume analyses these matters and considers the range of new products, discussing both conceptual and practical dimensions.The expert contributors examine why an ethical foundation is important and why the system requires well-thought-out regulations to ensure outcomes that protect the community's well-being. The volume explores in detail the nature of Islamic banking products and their risk elements, how the system differs from conventional banking in theory and practice, and how Islamic financial institutions are rated and regulated. It also connects Islamic finance to the mainstream theoretical literature on financial intermediation whilst exploring its differences.Offering a detailed examination of the risk and regulation of Islamic banking products, this unique volume will be of great interest to Islamic and Western universities with courses in Islamic studies and finance. Islamic research centers and training institutes, central banks and Islamic regulatory agencies will also find this a valuable resource.Contributors: M. Ariff, M.A.M. Ayob, O.I. Bacha, Z. Hassan, M. Iqbal, A. Kaleem, M.A Laldin, Y.K.Leng, M.K.Lewis, A. Mirakhor, S. Mohamad, M.Z. Othman, S.P. Parashar, V. Promwichit, M. Safari, M.T. Skully, R. Zaman Read more Details Publisher ‏ : ‎ Edward Elgar Publishing (October 29, 2014) Language ‏ : ‎ English Hardcover ‏ : ‎ 336 pages ISBN-10 ‏ : ‎ 1783476125 ISBN-13 ‏ : ‎ 21 Item Weight ‏ : ‎ 1.3 pounds Dimensions ‏ : ‎ 6.25 x 1 x 9.25 inches Best Sellers Rank: #10,881,143 in Books (See Top 100 in Books) #882 in Banking Law (Books) #1,397 in Banking (Books) #4,585 in Islamic Social Studies #882 in Banking Law (Books) #1,397 in Banking (Books) Stock Photos Please Note: All of our book listings use stock photos unless otherwise stated. Please read our descriptions for accurate conditions and editions, don't use the photos! Free Shipping We ship worldwide. We have multiple warehouses around the world, so please note the extended handling time on certain listings.

Price: 164.73 USD

Location: Williamsburg, Virginia

End Time: 2025-01-08T02:35:26.000Z

Shipping Cost: 0 USD