Islamic Banking An Introduction to Islamic Accounting PDF Download

Author: Hanudin Amin
Publisher: Universiti Malaysia Sabah Press
ISBN: 9672962665
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
Author: Hanudin Amin, Abdul Rahim Abdul Rahman Year Published: 2016 ISBN: 978-967-0521-67-1 Islamic Banking: An Introduction to Islamic Accounting is written with the purpose of sensitizing readers to the need of accounting according to the al-Quran and Sunnah, Islamic accounting concepts, and accounting for Islamic financial transactions. The knowledge and skills gained from the course is able to add value to the students in order to prepare themselves for their career advancement. It is expected that, this topic of Islamic accounting will pave the way of disseminating the complete Islamic finance discipline to those students. Objectively, the book plans to communicate the pivotal contents of Islamic accounting both theoretically and practically. With these skills, the students are hoped to apply them into the real world once they have graduated. The book provides comprehensive coverage of Islamic accounting ranging from introduction, salam accounting to zakat accounting which are interesting to learn. The intended audience of the book are undergraduate and postgraduate students who love to learn Islamic banking not only from its concepts but also towards the applications of the concepts.

Author: Muḥammad Taqī ʻUs̲mānī
Publisher: Arham Shamsi
ISBN:
Category : Banks and banking
Languages : en
Pages : 169

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Author: Zamir Iqbal
Publisher: John Wiley & Sons
ISBN: 0470828110
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the rest of the world, now fully revised and updated The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that required in Shariah Law. An Introduction to Islamic Finance: Theory and Practice, Second Edition highlights the core principles of risk sharing in Islam, arguing that a risk-sharing financial system is exactly what we need to promote greater financial stability. Providing comprehensive coverage of the fundamental theory behind Islamic finance and banking, according to the core concepts of Shariah law, authors Zamir Iqbal and Abbas Mirakhor clearly explain the distinct features of an Islamic financial system and how it compares with traditional financial models. Addressing the myriad important developments that have taken place in recent years, this second edition looks to the future, addressing emerging issues sure to influence future developments in Islamic finance. Explores the unique features of an Islamic financial system, how they compare to more traditional financial systems, and how they could improve them Discusses all the most recent developments and emerging issues in Islamic finance Updated with the latest developments, trends, innovations, and statistics, this new edition features additional chapters on the financial crisis, globalization, non-bank financial institutions, and recent developments in Takaful (Islamic insurance) The first edition of An Introduction to Islamic Finance established the book as the market leader, and this newly revised and updated second edition incorporates the most recent developments in this booming financial sector, including financial stability, globalization, and non-banking financial institutions.

Author: Brian Kettell
Publisher: John Wiley & Sons
ISBN: 047097804X
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
Introduction to Islamic Banking and Finance is a succinct guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking. This detailed book illustrates how Islamic banking is consistent with the Sharia'a, a key element of which is the prohibition on collecting and paying interest. This central religious precept appears to rule out most aspects of modern finance but it does allow money to be used for trading tangible assets and business, which can then generate a profit. Brian Kettell's book looks at all aspects of Islamic banking, including chapters on its creation and evolution through to detailed discussions of the issues involved in the Sharia'a contracts of Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a, and Salam. Islamic insurance (Takaful) is also covered. Finally the book takes a look at Sharia'a law and Sharia'a boards, indicating the roles and responsibilities that come with membership. Islamic banks have been operating in places such as Bahrain, Saudi Arabia, Malaysia and Dubai for some time. Conventional bankers have traditionally viewed the sector as a small, exotic niche but recent years have seen a dramatic surge in popularity. A number of Western investment banks have started working with Muslim clerics to create new ranges of financial products designed for devout Muslims, a large and growing market. Although estimates of the size of the Islamic finance industry vary greatly, everyone agrees that it is expanding rapidly and this is the perfect book for anyone looking to understand the industry.

Author: Nabil Baydoun
Publisher: John Wiley & Sons
ISBN: 1119023297
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
Your introduction to Islamic accounting Principles of Islamic Accounting is the first and only text that covers the fundamentals of Islamic accounting in English. A comprehensive guide, this groundbreaking reference offers both insight into Islamic accounting best practices and disclosure for Shariah-compliant instruments. Covering everything from basic transaction analysis to the preparation of financial statements, this reference serves as a broad framework around which undergraduate students can build their understanding of the Islamic business environment by offering context and showcasing how Islamic values can influence the disclosure of financial information. Islamic accounting is becoming an increasingly important aspect of the business field as globalization results in a surge in business partnerships and transactions around the world. Today's students need to understand Islamic accounting principles in order to effectively work with professionals who adhere to these standards—and accessing this information via text in English was not possible until this revolutionary reference. Review the basics through an introduction to Islamic accounting Understand the recording process, and how to complete the accounting cycle and adjust accounts as necessary Explore accounting for assets, liabilities, equity, and sukuk, as well as zakat and takaful accounting Discover details regarding Islamic commercial law, accounting for Islamic financial institutions, and Islamic corporate governance and sustainability, and look at auditing from an Islamic perspective Principles of Islamic Accounting is an essential text for first-year university students who are studying Islamic accounting, as well as professional societies and organizations that support the use of Islamic accounting principles, such as The Islamic Finance Professionals Association.

Author: M Kabir Hassan
Publisher: World Scientific
ISBN: 9811222703
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
This book, Introduction to Islamic Banking and Finance: An Economic Analysis, covers the basic principles of Islamic economics and finance. It discusses both the theory of Islamic economics and finance as well as the applications in the design of instruments of finance as well as Islamic financial institutions. The book enables its readers to gain an understanding of the structures and operations of Islamic banking, Islamic capital market investments, risk management, and taxation for Islamic banking contracts.The book sets forth the following objectives:

Author: Brian Kettell
Publisher: John Wiley & Sons
ISBN: 1119990564
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Case Studies in Islamic Banking and Finance is a pioneering resource that provides practical insights into the real world of Islamic financial transactions, and illustrates the complexities of this rapidly growing mode of modern finance. Based around 12 individual cases, the book stimulates discussion and develops the reader's understanding of Islamic finance by contrasting the theoretical concepts discussed in the author's companion text Introduction to Islamic Banking and Finance with practical real world situations. The cases cover core Islamic banking and finance topics including the Ijara, Mudaraba and Musharaka contracts; Islamic mortgages for home finance; leverage; and issues involved in opening an Islamic bank. Financial statement analysis for Islamic banks, the implications for fund management for equity investing and the impact of loan defaults on Islamic and conventional banks are also included. Each chapter concludes with a set of questions designed to test the reader's understanding of each case, with suggested solutions at the end of the book. This book is a must have resource for those wishing to apply their understanding of this complex subject and is an essential read for anyone seeking practical examples of how to apply the concepts in a real world environment.

Author: Mondher Bellalah
Publisher: Cambridge Scholars Publishing
ISBN: 1443849995
Category : Business & Economics
Languages : en
Pages : 295

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Book Description
Islamic finance is founded on principles that constitute the guidelines governing any Islamic economic or financial dealings. Innovative financial engineering today constitutes one of the most critical needs of Islamic financial institutions. It represents the forces that will drive Islamic finance toward continuous growth and efficiency. The structuring of new financing and Shariah-complaint instruments plays an important role in the enhancement of Islamic financial markets, and Islamic risk management practices, combining basic Shariah-complaint financial instruments within Shariah structures to precise identified needs. The financial engineering process in Islamic finance is a process that is very sensitive and complex. It requires multidisciplinary considerations, involving deep knowledge of finance, economy, Shariah law and commercial law. Divergence of opinions among different Shariah scholars and boards, as well as the absence or lack of effectiveness of a central regulatory body, is perceived as an obstacle to the growth of investment confidence in Islamic finance. Hence, innovation, along with greater uniformity, is essential to make Islamic finance an international financial system and to attract a greater number of customers. This book addresses the main issues of concern within Islamic banking, namely the development of conceptual framework, the viability of interest-free banking, and the assessment of its performance and future. In a world where conventional interest-based finance is the dominant framework, Islamic banking faces many challenges that must be addressed. This book discusses these issues and challenges and will be of great interest to both researchers and practitioners. It analyses the past experiences of Islamic banks worldwide, and provides an objective assessment of their successes and failures.

Author: Dr. Muhammad Ilham Sheikh
Publisher: Educreation Publishing
ISBN:
Category : Education
Languages : en
Pages : 1010

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Book Description
This book entitled “Introduction to Islamic Finance & Banking” provides basic introduction about Islamic Finance and Banking in a precise way. It covers the topics related to the Business Ethics in Islam in a detailed way. It highlights the principles of Islamic Shari’ah as pertinent to finance and banking along with the Conventional banking. It provides a brief and to the point discussion of the key Islamic banking concepts like: Musharakah, Muḍarabah, Murābah, Ijārah, and Istisnah.

Author: Daniel Ecke
Publisher: Diplomica Verlag
ISBN: 3842870086
Category : Business & Economics
Languages : de
Pages : 113

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Book Description
Dieses Buch stellt das Islamic Banking als eine Alternative zum konventionellen bzw. westlichen Finanzsystem vor und untersucht ein eventuelles Potenzial fr Islamic Banking in Deutschland. Das islamkonforme Finanzwesen untergliedert sich in die Bereiche "Islamic Insurance", "Islamic Capital Markets" und "Islamic Banking". Die Begriffe Islamic Banking und Islamic Finance werden in der Presse und Literatur oft gleichbedeutend verwendet. Jedoch beschreibt Islamic Finance die Gesamtheit aller Elemente, welche sich im islamkonformen Finanzwesen mit Finanzen besch„ftigen. Unter Islamic Banking werden hingegen islamkonforme Bankgesch„fte zusammengefasst. Im ersten Teil des Buches wird ein kurzer Abriss der historischen Entwicklung des Islam vermittelt und dessen Rechtsquellen erl„utert. Darauf aufbauend werden die historische Entwicklung islamkonform arbeitender Banken und Prinzipien, nach denen sie arbeiten, sowie die daraus resultierenden Vertragskonstruktionen dargestellt. Um dem Leser einen Einblick in die Praxis des Islamic Banking zu geben, werden in einem eigenen Kapitel reale Beispiele fr islamkonforme Bank- und Finanzprodukte erkl„rt. Bezglich des Potenzials fr Islamic Banking in Deutschland wird zun„chst die m”gliche Kundengruppe, die in Deutschland lebenden Muslime, nach verschiedenen Faktoren, wie zum Beispiel Religiosit„t und Einkommen, untersucht. Anschlieáend erfolgt die Darstellung der Meinungen von Finanzinstituten zum Potenzial von Islamic Banking in Deutschland. Zus„tzlich werden beispielhaft einige Probleme vorgestellt, die bei der Einfhrung von Islamic Banking auftreten. Abschlieáend erl„utert der Autor Beispiele fr bereits real existierendes Islamic Banking in Deutschland und gibt seine Einsch„tzung zum Potenzial von Islamic Banking in Deutschland ab.