A guide to Islamic finance:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London
Risk Books
2007
|
| Schriftenreihe: | Risk executive reports
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XXII, 118 S. graph. Darst. |
| ISBN: | 9781904339854 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
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| 100 | 1 | |a Iqbal, Munawar |d 1950- |e Verfasser |0 (DE-588)128358793 |4 aut | |
| 245 | 1 | 0 | |a A guide to Islamic finance |c by Munawar Iqbal |
| 264 | 1 | |a London |b Risk Books |c 2007 | |
| 300 | |a XXII, 118 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a Risk executive reports | |
| 650 | 4 | |a Bank | |
| 650 | 4 | |a Religion | |
| 650 | 4 | |a Banks and banking |x Islamic countries | |
| 650 | 4 | |a Banks and banking |x Religious aspects |x Islam | |
| 650 | 4 | |a Finance |x Religious aspects |x Islam | |
| 650 | 4 | |a Finance |z Islamic countries | |
| 650 | 0 | 7 | |a Kreditwesen |0 (DE-588)4032950-1 |2 gnd |9 rswk-swf |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-016489193 | ||
Datensatz im Suchindex
| _version_ | 1804137635388588032 |
|---|---|
| adam_text | Contents
List of Figures and Tables
ix
Author Biography
xi
Preface
xiii
List of Abbreviations
xv
Glossary of Arabic Terms
xvii
Introduction
1
1
Objectives and Sources of Islamic Law
5
Sources of Islamic Law
5
Revealed Sources
5
Sources Inferred through Human Reasoning
6
Ijmď
6
Qiyãs
7
Maqăşid
al-Sharťah
8
Rule
1 :
Maqăşid
are Hierarchical
9
Rule
2:
Public Interest has Priority over Private Interest
9
Rule
3:
The Doctrine of Necessity
9
2
Principles of Business Contracts in Islamic Law
11
Islamic View of Business and Economic Activities
11
Guidance from the Qur an on Earning Wealth
12
What is Prohibited in Wealth Creation
12
Illegitimate Means of Acquiring Wealth
13
Devour not your Property Among Yourselves Wrongfully
18
Avoiding Subterfuge
18
What is allowed in Wealth Creation
18
Ten Commandments With Respect to Business Contracts
19
3
The Islamic Banking Model
21
What is an Islamic Bank?
23
Distinguishing Features of Islamic Banking
24
Risk Sharing
24
Emphasis on Productivity as Compared with Creditworthmess
24
Moral Dimension
25
A Guide to Islamic Finance
4
Modes of Finance being used by Islamic Banks
27
Variable-return Modes
27
Mudãrabah
(Passive Partnership)
27
Mudãrabah
as a Mode of Finance
28
Mushărakah
(Active Partnership)
29
Stock Company
29
Diminishing
Mushărakah
30
Diminishing
Mushărakah
as a Mode of Finance
31
Trade-based Modes
33
Bay al-mu ajjal and Bay
al-murãbahah
33
Bay
al-murãbahah
(to the Purchase
Orderer)
as a Mode of Finance
33
Bay al-salam
37
Bayc al-salam as a Mode of Finance
37
Bay
al-istişna
39
Bay
al-istişna
as a Mode of Finance
39
Ijãrah
(Leasing)
40
Ijãrah
as a Mode of Finance
40
Operating Lease
42
Financial Lease or Hire Purchase
(ijãrah wa iqtinã )
42
Wakãlah
(Agentship)
43
Tawarruq
44
Bay
al-dayn (Sale of Debt)
45
Ju alah
45
Theory Versus Practice with Respect to the use of Various Modes
46
Secondary Market Instruments
48
Ѕпкпк
48
Mudãrabah
ѕпкпк
48
Mushărakah
ѕпкпк
49
Ijãrah
ѕпкпк
49
Murãbahah
ѕпкпк
49
5
How to Develop New Islamic Banking Products
51
Scope for Financial Engineering in Islamic Finance
51
The Doctrine of General Permissibility
51
The Doctrine of Maximising Human Welfare
52
Istíhsãn
52
The Doctrine of Necessity
53
How New Products can be Developed
53
Permissibility of Hybrid Contracts
54
The Combination Must not Contradict an Explicit Text
54
The Combination Must not Attempt to Circumvent a Prohibition
55
The Combination Must not Involve Contradictory Contracts/Conditions
55
The Combination Must not Involve Contingent Contracts
55
The Five Cs of Islamic Financial Engineering
55
6
The Practice of Islamic Banking
57
State-sponsored Experiences
59
Pakistan
59
Iran
60
Sudan
61
Bahrain
62
Malaysia
63
Indonesia
64
Islamic Banks Working in Competitive Environments
66
Islamic Banking Windows in Conventional Banks
66
7
Evaluation of Islamic Banking
69
Growth Analysis
70
Total Equity
70
Total Deposits
70
Conclusion
72
VI
Contents
Total Investment 72
Total
Assets
72
Total
Revenue
72
Ratio
Analysis
73
Soundness
73
Conclusion
74
Prudence
74
Conclusion
75
Effectiveness
76
Conclusion
77
Economy
77
Conclusion
77
Profitability
78
Rate of Return on Assets
(ROA)
78
Rate of Return on Equity (ROE)
78
Conclusion
79
8
Islamic Fund Management
81
Permissibility of Investment Funds
82
Conditions for Participating in Equity Funds
82
Scope for Islamic Investment in Equity Markets
84
Islamic Investment Funds in Practice
87
9
Islamic Insurance
89
Reasons and Means to Insure
89
Saving for a Rainy Day
89
Charities
89
Government Support
90
Voluntary Organisations or Cooperatives
90
Commercial Insurance
90
Is Commercial Insurance Permissible in Islam?
90
Stock Insurance Companies Business Model
90
Objections Raised Against the Stock Insurance Model
91
Insurance is Against Tawwakul
91
Insurance Involves Gambling
92
Insurance Involves
Riba
92
Insurance Involves Gharar
93
Insurance Involves
akt a! mal bil
bãtil
94
Conclusion on the Permissibility of Insurance
95
Islamic Alternative to Commercial Insurance:
Takãful
95
10
The Future of Islamic Finance
97
Need to Broaden the Base
97
Preparing for Increased Competition
98
Need to Increase the Size of Islamic Banks
99
Need to Diversify in the Use of Various Modes 1
00
Fulfilling the Long-term Finance Needs 101
Areas of Potential Growth 1
02
Establishment of Equity Institutions 1
02
Islamic
Ѕпкпк
ЮЗ
The Way Forward 1
03
Conclusion
109
References and Further Reading
113
Index
117
VII
|
| adam_txt |
Contents
List of Figures and Tables
ix
Author Biography
xi
Preface
xiii
List of Abbreviations
xv
Glossary of Arabic Terms
xvii
Introduction
1
1
Objectives and Sources of Islamic Law
5
Sources of Islamic Law
5
Revealed Sources
5
Sources Inferred through Human Reasoning
6
Ijmď
6
Qiyãs
7
Maqăşid
al-Sharťah
8
Rule
1 :
Maqăşid
are Hierarchical
9
Rule
2:
Public Interest has Priority over Private Interest
9
Rule
3:
The Doctrine of Necessity
9
2
Principles of Business Contracts in Islamic Law
11
Islamic View of Business and Economic Activities
11
Guidance from the Qur'an on Earning Wealth
12
What is Prohibited in Wealth Creation
12
Illegitimate Means of Acquiring Wealth
13
Devour not your Property Among Yourselves Wrongfully
18
Avoiding Subterfuge
18
What is allowed in Wealth Creation
18
"Ten Commandments" With Respect to Business Contracts
19
3
The Islamic Banking Model
21
What is an Islamic Bank?
23
Distinguishing Features of Islamic Banking
24
Risk Sharing
24
Emphasis on Productivity as Compared with Creditworthmess
24
Moral Dimension
25
A Guide to Islamic Finance
4
Modes of Finance being used by Islamic Banks
27
Variable-return Modes
27
Mudãrabah
(Passive Partnership)
27
Mudãrabah
as a Mode of Finance
28
Mushărakah
(Active Partnership)
29
Stock Company
29
Diminishing
Mushărakah
30
Diminishing
Mushărakah
as a Mode of Finance
31
Trade-based Modes
33
Bay' al-mu'ajjal and Bay'
al-murãbahah
33
Bay
'
al-murãbahah
(to the Purchase
Orderer)
as a Mode of Finance
33
Bay' al-salam
37
Bayc al-salam as a Mode of Finance
37
Bay'
al-istişna'
39
Bay'
al-istişna'
as a Mode of Finance
39
Ijãrah
(Leasing)
40
Ijãrah
as a Mode of Finance
40
Operating Lease
42
Financial Lease or Hire Purchase
(ijãrah wa iqtinã')
42
Wakãlah
(Agentship)
43
Tawarruq
44
Bay
'
al-dayn (Sale of Debt)
45
Ju'alah
45
Theory Versus Practice with Respect to the use of Various Modes
46
Secondary Market Instruments
48
Ѕпкпк
48
Mudãrabah
ѕпкпк
48
Mushărakah
ѕпкпк
49
Ijãrah
ѕпкпк
49
Murãbahah
ѕпкпк
49
5
How to Develop New Islamic Banking Products
51
Scope for Financial Engineering in Islamic Finance
51
The Doctrine of General Permissibility
51
The Doctrine of Maximising Human Welfare
52
Istíhsãn
52
The Doctrine of Necessity
53
How New Products can be Developed
53
Permissibility of Hybrid Contracts
54
The Combination Must not Contradict an Explicit Text
54
The Combination Must not Attempt to Circumvent a Prohibition
55
The Combination Must not Involve Contradictory Contracts/Conditions
55
The Combination Must not Involve Contingent Contracts
55
The Five Cs of Islamic Financial Engineering
55
6
The Practice of Islamic Banking
57
State-sponsored Experiences
59
Pakistan
59
Iran
60
Sudan
61
Bahrain
62
Malaysia
63
Indonesia
64
Islamic Banks Working in Competitive Environments
66
Islamic Banking Windows in Conventional Banks
66
7
Evaluation of Islamic Banking
69
Growth Analysis
70
Total Equity
70
Total Deposits
70
Conclusion
72
VI
Contents
Total Investment 72
Total
Assets
72
Total
Revenue
72
Ratio
Analysis
73
Soundness
73
Conclusion
74
Prudence
74
Conclusion
75
Effectiveness
76
Conclusion
77
Economy
77
Conclusion
77
Profitability
78
Rate of Return on Assets
(ROA)
78
Rate of Return on Equity (ROE)
78
Conclusion
79
8
Islamic Fund Management
81
Permissibility of Investment Funds
82
Conditions for Participating in Equity Funds
82
Scope for Islamic Investment in Equity Markets
84
Islamic Investment Funds in Practice
87
9
Islamic Insurance
89
Reasons and Means to Insure
89
Saving for a Rainy Day
89
Charities
89
Government Support
90
Voluntary Organisations or Cooperatives
90
Commercial Insurance
90
Is Commercial Insurance Permissible in Islam?
90
Stock Insurance Companies' Business Model
90
Objections Raised Against the Stock Insurance Model
91
Insurance is Against Tawwakul
91
Insurance Involves Gambling
92
Insurance Involves
Riba
92
Insurance Involves Gharar
93
Insurance Involves
akt a! mal bil
bãtil
94
Conclusion on the Permissibility of Insurance
95
Islamic Alternative to Commercial Insurance:
Takãful
95
10
The Future of Islamic Finance
97
Need to Broaden the Base
97
Preparing for Increased Competition
98
Need to Increase the Size of Islamic Banks
99
Need to Diversify in the Use of Various Modes 1
00
Fulfilling the Long-term Finance Needs 101
Areas of Potential Growth 1
02
Establishment of Equity Institutions 1
02
Islamic
Ѕпкпк
ЮЗ
The Way Forward 1
03
Conclusion
109
References and Further Reading
113
Index
117
VII |
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| genre_facet | Einführung |
| id | DE-604.BV023304798 |
| illustrated | Illustrated |
| index_date | 2024-07-02T20:48:02Z |
| indexdate | 2024-07-09T21:15:26Z |
| institution | BVB |
| isbn | 9781904339854 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016489193 |
| oclc_num | 191241315 |
| open_access_boolean | |
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| owner_facet | DE-355 DE-BY-UBR DE-703 |
| physical | XXII, 118 S. graph. Darst. |
| publishDate | 2007 |
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| publisher | Risk Books |
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| spelling | Iqbal, Munawar 1950- Verfasser (DE-588)128358793 aut A guide to Islamic finance by Munawar Iqbal London Risk Books 2007 XXII, 118 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Risk executive reports Bank Religion Banks and banking Islamic countries Banks and banking Religious aspects Islam Finance Religious aspects Islam Finance Islamic countries Kreditwesen (DE-588)4032950-1 gnd rswk-swf Islam (DE-588)4027743-4 gnd rswk-swf (DE-588)4151278-9 Einführung gnd-content Islam (DE-588)4027743-4 s Kreditwesen (DE-588)4032950-1 s b DE-604 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016489193&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Iqbal, Munawar 1950- A guide to Islamic finance Bank Religion Banks and banking Islamic countries Banks and banking Religious aspects Islam Finance Religious aspects Islam Finance Islamic countries Kreditwesen (DE-588)4032950-1 gnd Islam (DE-588)4027743-4 gnd |
| subject_GND | (DE-588)4032950-1 (DE-588)4027743-4 (DE-588)4151278-9 |
| title | A guide to Islamic finance |
| title_auth | A guide to Islamic finance |
| title_exact_search | A guide to Islamic finance |
| title_exact_search_txtP | A guide to Islamic finance |
| title_full | A guide to Islamic finance by Munawar Iqbal |
| title_fullStr | A guide to Islamic finance by Munawar Iqbal |
| title_full_unstemmed | A guide to Islamic finance by Munawar Iqbal |
| title_short | A guide to Islamic finance |
| title_sort | a guide to islamic finance |
| topic | Bank Religion Banks and banking Islamic countries Banks and banking Religious aspects Islam Finance Religious aspects Islam Finance Islamic countries Kreditwesen (DE-588)4032950-1 gnd Islam (DE-588)4027743-4 gnd |
| topic_facet | Bank Religion Banks and banking Islamic countries Banks and banking Religious aspects Islam Finance Religious aspects Islam Finance Islamic countries Kreditwesen Islam Einführung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016489193&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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