Fundamentals of Islamic Banking and Finance

A complete reference for those operating within the Islamic finance industry Fundamentals of Islamic Banking and Finance is a comprehensive text, with a thorough, well–rounded approach focused exclusively on Islamic finance. Readers are introduced to the structure and functions of Islamic financial institutions, with in–depth background information and clear descriptions of all major products of the Islamic finance industry. The book takes a critical look at the concepts, problems, challenges, and prospects of the system, exposing students to the trends and practices currently taking place. Readers will gain a deeper understanding of the theoretical foundations and underlying principles of Islamic finance, and develop the skills to competently operate within Islamic financial practices. The digital component includes instructor′s manuals, sample tests, and PowerPoint presentations that facilitate classroom use, making it ideal for students and professionals seeking a career as an Islamic finance specialist. Courses on Islamic finance are becoming increasingly common is universities around the world, yet there is a lack of comprehensive texts that both explain the fundamentals and detail advanced concepts in a way that students can easily digest. This book fills the gap by providing clear explanations of all aspects of Islamic finance. Understand the foundation of Islamic finance, including legal maxims and jurisprudenceDiscover the specific prohibitions that set Islamic finance apartLearn Islamic finance products and services, and the financial and regulatory infrastructureDiscuss the challenges and opportunities this market faces as globalization expands With comprehensive coverage of the Islamic finance industry and ancillary classroom materials, Fundamentals of Islamic Banking and Finance is the ideal resource for an in–depth understanding of the industry.