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...
Gespeichert in:
Hauptverfasser: | , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Abingdon, Oxon
Routledge
2019
|
Schriftenreihe: | Islamic business and finance series
Islamic business and finance series |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "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."-- |
Beschreibung: | Description based on print version record |
Beschreibung: | 1 online resource (vii, 112 pages : illustrations.) |
ISBN: | 9781315606088 1315606089 |
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100 | 1 | |a Bhatti, Ayesha |d 1976- |e Verfasser |4 aut | |
245 | 1 | 0 | |a Rethinking Islamic finance |b markets, regulations and Islamic law |c Ayesha Bhatti and Saad Azmat |
264 | 1 | |a Abingdon, Oxon |b Routledge |c 2019 | |
300 | |a 1 online resource (vii, 112 pages : |b illustrations.) | ||
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338 | |b cr |2 rdacarrier | ||
490 | 0 | |a Islamic business and finance series | |
490 | 0 | |a Islamic business and finance series | |
500 | |a Description based on print version record | ||
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."-- | ||
650 | 4 | |a Finance / Islamic countries | |
650 | 4 | |a Finance (Islamic law) | |
650 | 4 | |a Finance / Religious aspects / Islam | |
700 | 1 | |a Azmat, Saad |d 1985- |4 aut | |
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Datensatz im Suchindex
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adam_txt | |
any_adam_object | |
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author | Bhatti, Ayesha 1976- Azmat, Saad 1985- |
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 | BV047013402 |
collection | ZDB-7-TFC |
ctrlnum | (ZDB-7-TFC)9781315606088 (DE-599)BVBBV047013402 |
dewey-full | 332.0917/67 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.0917/67 |
dewey-search | 332.0917/67 |
dewey-sort | 3332.0917 267 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
format | Electronic eBook |
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id | DE-604.BV047013402 |
illustrated | Illustrated |
index_date | 2024-07-03T15:58:13Z |
indexdate | 2024-07-10T09:00:08Z |
institution | BVB |
isbn | 9781315606088 1315606089 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032420938 |
open_access_boolean | |
physical | 1 online resource (vii, 112 pages : illustrations.) |
psigel | ZDB-7-TFC |
publishDate | 2019 |
publishDateSearch | 2019 |
publishDateSort | 2019 |
publisher | Routledge |
record_format | marc |
series2 | Islamic business and finance series |
spelling | Bhatti, Ayesha 1976- Verfasser aut Rethinking Islamic finance markets, regulations and Islamic law Ayesha Bhatti and Saad Azmat Abingdon, Oxon Routledge 2019 1 online resource (vii, 112 pages : illustrations.) txt rdacontent c rdamedia cr rdacarrier Islamic business and finance series Description based on print version record "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."-- Finance / Islamic countries Finance (Islamic law) Finance / Religious aspects / Islam Azmat, Saad 1985- aut https://www.taylorfrancis.com/books/9781315606088 Verlag URL des Erstveroeffentlichers Volltext |
spellingShingle | Bhatti, Ayesha 1976- Azmat, Saad 1985- Rethinking Islamic finance markets, regulations and Islamic law Finance / Islamic countries Finance (Islamic law) Finance / Religious aspects / Islam |
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 | Finance / Islamic countries Finance (Islamic law) Finance / Religious aspects / Islam |
topic_facet | Finance / Islamic countries Finance (Islamic law) Finance / Religious aspects / Islam |
url | https://www.taylorfrancis.com/books/9781315606088 |
work_keys_str_mv | AT bhattiayesha rethinkingislamicfinancemarketsregulationsandislamiclaw AT azmatsaad rethinkingislamicfinancemarketsregulationsandislamiclaw |