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

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Islamic Finance: Why It Makes Sense (For You)―Understanding its Principles and Practices image
ISBN-10:

9814408220

ISBN-13:

9789814408226

Author(s): Chee, Keon; Abdullah, Vicary Daud
Edition: 2nd
Released: Feb 07, 2014
Publisher: Marshall Cavendish International (Asia) Pte Ltd
Format: Paperback, 344 pages
Related ISBN: 9789812615992
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Description:

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

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