Management of Islamic finance : principle, practice, and performance / edited by M. Kabir Hassan and Mamunur Rashid.

Format:

Book

Contributor:

Hassan, Kabir, editor.

Rashid, Mamunur (Assistant Professor in Finance), editor.

Series:

International finance review ; 1569-3767 v. 19.

International finance review, 1569-3767 ; volume 19

Language:

English

Subjects (All):

Finance--Islamic countries--Management.

Finance.

Banks and banking--Islamic countries.

Banks and banking.

Banks and banking--Risk management--Islamic countries.

Physical Description:

1 online resource (264 pages).

Place of Publication:

London, England : Emerald Publishing Limited, [2019]

Summary:

Islamic finance has emerged as an alternative to century-old conventional financial instruments to cater to cater to the needs of Muslims as well as non-Muslims. The industry has seen significant growth over the last two decades and has been facing omnidirectional challenges with respect to regulation, competition, and compatibility. These challenges have presented worthy debate on the principles, practices, and performance in Islamic finance globally. In this issue, we have presented issues relevant to the most recent debate on the performance, practices, and principles of the Islamic finance industry as a whole, covering eleven distinct issues. Authors have contributed to the existing body of knowledge on risk management in Islamic banks, diversification in Islamic equity markets, performance and acceptance of Islamic microcredit and Islamic banking services, long-term corporate finance using sukuk, and the social development agenda via the development of financial intuitions, SME financing, and financial inclusion. Selected topics cover the principles in relevant areas, focus on recent practices, and highlight performance on certain influential areas. The issue is aimed at academicians, researchers, and policymakers who are working in the Islamic finance industry and who would like to explore more.

Contents:

Prelims

Chapter 1 Investigating international portfolio diversification opportunities for the Asian Islamic stock market investors

Chapter 2 Islamic Banks' resilience to systemic risks: myth or reality-evidence from Bangladesh

Chapter 3 Satisfaction with Islamic microcredit institutions: a borrower-centric approach

Chapter 4 Religious preference and financial inclusion: the case for Islamic finance

Chapter 5 Post-default sukuk restructuring: an appraisal of Shari'ah issues

Chapter 6 Relevance of development financial institutions in the presence of Islamic financial institutions

Chapter 7 Corporation's threshold for debt: implications for policy reforms toward equity-biased corporate tax system

Chapter 8 "Reverse Mudarabah" an alternative of classical Mudarabah for financing small businesses

Chapter 9 Participating mortgages: an alternative to housing finance

Chapter 10 Determinants of customers' engagement with Islamic banking

Chapter 11 Political Islam, democracy, and Islamic finance development

Index.

Notes:

Includes index.

Includes bibliographical references and index.

Print version record

ISBN:

9781787564053

1787564053

9781787564039

1787564037

OCLC:

1066196357