Rethinking Islamic Finance: Markets, Regulations and Islamic Law
Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and ad...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London ; New York
Routledge, Taylor & Francis Group
2020
|
| Edition: | First issued in paperback |
| Series: | Islamic Business and Finance Series
|
| Subjects: | |
| Summary: | Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with 'juristically sound' Islamic principles.This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments.This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry |
| Item Description: | Literaturangaben |
| Physical Description: | vii, 112 Seiten Diagramme Breite 156 mm, Hoehe 234 mm |
| ISBN: | 9780367663957 9781472477675 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV046908747 | ||
| 003 | DE-604 | ||
| 005 | 20201109 | ||
| 007 | t | ||
| 008 | 200922s2020 |||| |||| 00||| eng d | ||
| 020 | |a 9780367663957 |c Paperback : £ 36.99 |9 978-0-367-66395-7 | ||
| 020 | |a 9781472477675 |c Hb. |9 978-1-472-47767-5 | ||
| 035 | |a (OCoLC)1220878393 | ||
| 035 | |a (DE-599)BVBBV046908747 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-706 | ||
| 100 | 1 | |a Bhatti, Ayesha |d 1976- |e Verfasser |0 (DE-588)1200520289 |4 aut | |
| 245 | 1 | 0 | |a Rethinking Islamic Finance |b Markets, Regulations and Islamic Law |c Ayesha Bhatti and Saad Azmat |
| 250 | |a First issued in paperback | ||
| 264 | 1 | |a London ; New York |b Routledge, Taylor & Francis Group |c 2020 | |
| 300 | |a vii, 112 Seiten |b Diagramme |c Breite 156 mm, Hoehe 234 mm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a Islamic Business and Finance Series | |
| 500 | |a Literaturangaben | ||
| 520 | |a Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with 'juristically sound' Islamic principles.This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments.This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry | ||
| 650 | 0 | 7 | |a Kreditmarkt |0 (DE-588)4073788-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Kapitalmarkt |0 (DE-588)4029578-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Islamisches Recht |0 (DE-588)1151921939 |2 gnd |9 rswk-swf |
| 651 | 7 | |a Islamische Staaten |0 (DE-588)4073172-8 |2 gnd |9 rswk-swf | |
| 689 | 0 | 0 | |a Islamische Staaten |0 (DE-588)4073172-8 |D g |
| 689 | 0 | 1 | |a Kreditmarkt |0 (DE-588)4073788-3 |D s |
| 689 | 0 | 2 | |a Islamisches Recht |0 (DE-588)1151921939 |D s |
| 689 | 0 | 3 | |a Kapitalmarkt |0 (DE-588)4029578-3 |D s |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Azmat, Saad |d 1985- |e Verfasser |0 (DE-588)1200520505 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-1-315-60608-8 |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-032318255 | |
Record in the Search Index
| _version_ | 1807500490320117760 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Bhatti, Ayesha 1976- Azmat, Saad 1985- |
| author_GND | (DE-588)1200520289 (DE-588)1200520505 |
| author_facet | Bhatti, Ayesha 1976- Azmat, Saad 1985- |
| author_role | aut aut |
| author_sort | Bhatti, Ayesha 1976- |
| author_variant | a b ab s a sa |
| building | Verbundindex |
| bvnumber | BV046908747 |
| ctrlnum | (OCoLC)1220878393 (DE-599)BVBBV046908747 |
| edition | First issued in paperback |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV046908747</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20201109</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">200922s2020 |||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780367663957</subfield><subfield code="c">Paperback : £ 36.99</subfield><subfield code="9">978-0-367-66395-7</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781472477675</subfield><subfield code="c">Hb.</subfield><subfield code="9">978-1-472-47767-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1220878393</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV046908747</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-706</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Bhatti, Ayesha</subfield><subfield code="d">1976-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1200520289</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Rethinking Islamic Finance</subfield><subfield code="b">Markets, Regulations and Islamic Law</subfield><subfield code="c">Ayesha Bhatti and Saad Azmat</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">First issued in paperback</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">London ; New York</subfield><subfield code="b">Routledge, Taylor & Francis Group</subfield><subfield code="c">2020</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">vii, 112 Seiten</subfield><subfield code="b">Diagramme</subfield><subfield code="c">Breite 156 mm, Hoehe 234 mm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Islamic Business and Finance Series</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Literaturangaben</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with 'juristically sound' Islamic principles.This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments.This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Kreditmarkt</subfield><subfield code="0">(DE-588)4073788-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Kapitalmarkt</subfield><subfield code="0">(DE-588)4029578-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Islamisches Recht</subfield><subfield code="0">(DE-588)1151921939</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Islamische Staaten</subfield><subfield code="0">(DE-588)4073172-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Islamische Staaten</subfield><subfield code="0">(DE-588)4073172-8</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Kreditmarkt</subfield><subfield code="0">(DE-588)4073788-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Islamisches Recht</subfield><subfield code="0">(DE-588)1151921939</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="3"><subfield code="a">Kapitalmarkt</subfield><subfield code="0">(DE-588)4029578-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Azmat, Saad</subfield><subfield code="d">1985-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1200520505</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-1-315-60608-8</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-032318255</subfield></datafield></record></collection> |
| geographic | Islamische Staaten (DE-588)4073172-8 gnd |
| geographic_facet | Islamische Staaten |
| id | DE-604.BV046908747 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:27:20Z |
| indexdate | 2024-08-16T00:06:34Z |
| institution | BVB |
| isbn | 9780367663957 9781472477675 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032318255 |
| oclc_num | 1220878393 |
| open_access_boolean | |
| owner | DE-706 |
| owner_facet | DE-706 |
| physical | vii, 112 Seiten Diagramme Breite 156 mm, Hoehe 234 mm |
| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | Routledge, Taylor & Francis Group |
| record_format | marc |
| series2 | Islamic Business and Finance Series |
| spelling | Bhatti, Ayesha 1976- Verfasser (DE-588)1200520289 aut Rethinking Islamic Finance Markets, Regulations and Islamic Law Ayesha Bhatti and Saad Azmat First issued in paperback London ; New York Routledge, Taylor & Francis Group 2020 vii, 112 Seiten Diagramme Breite 156 mm, Hoehe 234 mm txt rdacontent n rdamedia nc rdacarrier Islamic Business and Finance Series Literaturangaben Islamic finance's phenomenal growth owes to the Shariah compliant nature of its financial instruments. Shariah forbids the charging of interest (Riba) and instead promulgates risk-sharing and trade-based modes of financing. The Islamic financial industry has been subject to both critique and admiration. Critics argue that Islamic instruments (bearing debt-based structures) differ from their conventional counterparts only in legal lexicon and not in economic impact. The admirers argue that such instruments, irrespective of wider economic implications, rigorously comply with 'juristically sound' Islamic principles.This book aims to reconcile the above dispute. It argues that the financial impact of instruments is a consequence of the way they are priced and structured. The similarity in pricing and structures is an outcome not of the underlying Islamic financial modes but of the competitive environment in which Islamic instruments compete. Even risk-sharing and trade-based Islamic structures, if implemented in such an environment, would have a financial impact similar to that of conventional instruments.This book has a wider appeal for both academic and non-academic audiences. It can complement undergraduate and graduate courses as an additional reading on the intricacies of Islamic financial instruments and markets. For PhD students, it would help identify future research areas. To non-academics, it offers a deeper understanding regarding the working of the Islamic finance industry Kreditmarkt (DE-588)4073788-3 gnd rswk-swf Kapitalmarkt (DE-588)4029578-3 gnd rswk-swf Islamisches Recht (DE-588)1151921939 gnd rswk-swf Islamische Staaten (DE-588)4073172-8 gnd rswk-swf Islamische Staaten (DE-588)4073172-8 g Kreditmarkt (DE-588)4073788-3 s Islamisches Recht (DE-588)1151921939 s Kapitalmarkt (DE-588)4029578-3 s DE-604 Azmat, Saad 1985- Verfasser (DE-588)1200520505 aut Erscheint auch als Online-Ausgabe 978-1-315-60608-8 |
| spellingShingle | Bhatti, Ayesha 1976- Azmat, Saad 1985- Rethinking Islamic Finance Markets, Regulations and Islamic Law Kreditmarkt (DE-588)4073788-3 gnd Kapitalmarkt (DE-588)4029578-3 gnd Islamisches Recht (DE-588)1151921939 gnd |
| subject_GND | (DE-588)4073788-3 (DE-588)4029578-3 (DE-588)1151921939 (DE-588)4073172-8 |
| title | Rethinking Islamic Finance Markets, Regulations and Islamic Law |
| title_auth | Rethinking Islamic Finance Markets, Regulations and Islamic Law |
| title_exact_search | Rethinking Islamic Finance Markets, Regulations and Islamic Law |
| title_exact_search_txtP | Rethinking Islamic Finance Markets, Regulations and Islamic Law |
| title_full | Rethinking Islamic Finance Markets, Regulations and Islamic Law Ayesha Bhatti and Saad Azmat |
| title_fullStr | Rethinking Islamic Finance Markets, Regulations and Islamic Law Ayesha Bhatti and Saad Azmat |
| title_full_unstemmed | Rethinking Islamic Finance Markets, Regulations and Islamic Law Ayesha Bhatti and Saad Azmat |
| title_short | Rethinking Islamic Finance |
| title_sort | rethinking islamic finance markets regulations and islamic law |
| title_sub | Markets, Regulations and Islamic Law |
| topic | Kreditmarkt (DE-588)4073788-3 gnd Kapitalmarkt (DE-588)4029578-3 gnd Islamisches Recht (DE-588)1151921939 gnd |
| topic_facet | Kreditmarkt Kapitalmarkt Islamisches Recht Islamische Staaten |
| work_keys_str_mv | AT bhattiayesha rethinkingislamicfinancemarketsregulationsandislamiclaw AT azmatsaad rethinkingislamicfinancemarketsregulationsandislamiclaw |