Islamic Finance: Why it Makes Sense (for You) - Understanding its Principles and Practices

by Daud Vicary Abdullah and Keon Chee

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Book cover for Islamic Finance: Why it Makes Sense (for You)  -  Understanding its Principles and Practices

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Islamic finance has been growing faster than conventional finance for most of the past decade. It has done this on a model of finance that rejects interest and promotes profit sharing. How is this possible? Yet the wealth potential of Islamic finance is far from being its most attractive feature. What is most compelling about Islamic finance are its ethical principles and strong corporate governance based on Shariah law. This SECOND EDITION explains and updates how conventional financial products work - from mortgages and leases to trade finance and insurance - before delving into their Islamic versions and contains three new topics on microfinance, the ethical company and wealth succession
  • ISBN10 9814408220
  • ISBN13 9789814408226
  • Publish Date 19 March 2014
  • Publish Status Active
  • Publish Country SG
  • Imprint Marshall Cavendish International (Asia) Pte Ltd
  • Edition 2nd Revised edition
  • Format Paperback (US Trade)
  • Pages 344
  • Language English