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Author El Tiby, Amr Mohamed, 1956-

Title Islamic finance and economic development : risk management, regulation, and corporate governance / Amr Mohamed El Tiby, Wafik Grais. [O'Reilly electronic resource]

Imprint Hoboken, NJ : J. Wiley & Sons, ©2015.
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Description 1 online resource (1 volume) : illustrations.
Series Wiley finance
Wiley finance series.
Bibliography Includes bibliographical references and index.
Summary Islamic finance, like conventional finance is a business of financial intermediation. Its distinctive features relate to the requirement that it abides by Shari'a rules that promote fairness of contracts and prevention of exploitation, sharing of risks and rewards, prohibition of interests, and tangible economic purpose. Islamic finance should not fund activities considered "haram" or sinful. The book expounds on how these distinctive features bear on the opportunities and challenges facing the Islamic finance industry's development, risk management, regulation and corporate governance. Covers the history and basics of Islamic finance, and provides insight into current conditions and future landscape; Explores regulatory framework, including opportunities and challenges for the industry's development and mainstreaming; Presents an approach to developing a systemic Shari'a governance framework to govern operations in the Islamic finance industry.-- Edited summary from book.
Subject Banks and banking -- Religious aspects -- Islam.
Banks and banking -- Religious aspects -- Islam
Added Author Grais, Wafik, 1949-
Other Form: Print version: El Tiby, Amr Mohamed, 1956- Islamic finance and economic development 9781118847268 (OCoLC)876288035
ISBN 1118847261
9781118847268
9781306639187
1306639182
(ePDF)
(ePDF)
(ePub)
(ePub)
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