<p>Though small in comparison with conventional finance, Islamic finance is at the threshold of serious expansion, growing at between 15–20 per cent a year. Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law. This book explains how conventional financial products work―from mortgages and leases to trade finance and insurance―before delving into their Islamic versions.</p>

Islamic Finance: Why It Makes Sense: Understanding its Principles and Practices

Business & Money

Chee, Keon

Abdullah, Vicary Daud

Finance

UNKNO

Islamic finance has been growing faster than conventional finance for most of the past decade. It has done this on a model of finance that rejects interest and promotes profit sharing. How is this possible? Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law. This SECOND EDITION explains and updates how conventional financial products work — from mortgages and leases to trade finance and insurance — before delving into their Islamic versions and contains three new topics on microfinance, the ethical company and wealth succession

Islamic Finance: Why It Makes Sense (For You)―Understanding its Principles and Practices

Marshall Cavendish International (Asia) Pte Ltd

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Books by Abdullah, Vicary Daud