Islamic Capital Markets: Products and Strategies (The Wiley Finance Series Book 608)

by Kabir Hassan, Michael Mahlknecht

Islamic Finance has skilled fast progress in recent times, exhibiting vital innovation and sophistication, and producing a broad vary of funding merchandise which aren't restricted to the entire replication of standard fixed-income devices, derivatives and fund constructions.

Islamic Finance represents an elemental departure from conventional interest-based and speculative practices, relying as an alternative on actual financial transactions, akin to commerce, funding based mostly on revenue sharing, and different solidary methods of doing enterprise, and goals to include Islamic rules, akin to social justice, ecology and kindness, to create funding merchandise and monetary markets that are each moral and sustainable. 

Products created in response to Islamic rules have proven a low correlation to different market segments and are comparatively unbiased even from market turbulences just like the subprime disaster. Therefore, they've grow to be more and more widespread with secular Muslims and non-Muslim buyers, as extremely helpful different investments for the diversification of portfolios.

In Islamic Capital Markets: Products and Strategies, worldwide consultants on Islamic Finance and Sharia'a Law concentrate on probably the most imminent points surrounding the evolution of Islamic capital markets and the event of Sharia'a-compliant merchandise.

The book is separated into 4 elements, overlaying:

General ideas and authorized points, together with Rahn ideas in Saudi Arabia, the Sharia'a course of in product growth and the combination of social accountability in monetary communities;

Global Islamic capital market developments, such because the evolution of Takaful merchandise and the previous, current and way forward for Islamic derivatives;

National and regional experiences, from the world's largest Islamic monetary market, Malaysia, to Islamic finance in different international locations, together with Germany, France and the US;

Learning from Islamic finance after the worldwide monetary disaster; evaluation of the dangers and strengths of Islamic capital markets in comparison with the traditional system, monetary engineering from an Islamic perspective, Sharia'a-compliant fairness investments and Islamic microfinance.

Islamic Capital Markets: Products and Strategies is the entire buyers' information to Islamic finance.