Description
Book SynopsisA detailed look at the fast-growing field of Islamic banking and finance The global Islamic finance market is now worth about $700 billion worldwide. Islamic Finance For Dummies helps experienced investors and new entrants into Islamic finance quickly get up to speed on this growing financial sector.
Table of ContentsIntroduction 1
Part I: The Basics of Islamic Finance 9
Chapter 1: Easing into Islamic Finance 11
Chapter 2: Getting to Know Islam and the Role of Sharia 27
Chapter 3: The History of Islamic Finance 43
Chapter 4: Touring the Islamic Finance Industry 55
Part II: Introducing Islamic Commercial Law 73
Chapter 5: Adhering to Islamic Commercial Ethics 75
Chapter 6: Focusing on Contracts 87
Part III: Eyeing Islamic Banking Operations 99
Chapter 7: Contrasting Conventional and Islamic Commercial Banking 101
Chapter 8: Charting the Relationship between Conventional and Islamic Banks 117
Chapter 9: Tracing the Sources and Uses of Funds in Islamic Banks 129
Chapter 10: Familiarizing Yourself with Islamic Financial Instruments 145
Part IV: Islamic Investment Markets: Equity and Bonds 163
Chapter 11: Introducing the Islamic Capital Market 165
Chapter 12: Managing Assets in Islamic Investments 187
Chapter 13: Investing in Islamic Bonds: Sukuk 207
Part V: Reporting, Corporate Governance, and Supervision 229
Chapter 14: Issuing Financial Statements 231
Chapter 15: Considering Corporate Governance 245
Chapter 16: Supervising Operations: The Sharia Board 261
Chapter 17: Managing Risk in Islamic Financial Institutions 275
Part VI: Islamic Insurance: Takaful 291
Chapter 18: Takaful: Exploring the Fundamentals of Islamic Insurance 293
Chapter 19: Takaful and Retakaful Products, Structures, and Governance 305
Part VII: The Part of Tens 323
Chapter 20: Ten Reasons the West Should Pay Attention to Islamic Finance 325
Chapter 21: Ten Economic Benefits of Following Islamic Principles 331
Appendix: Glossary 339
Index 349
