1.

Record Nr.

UNINA9910139626503321

Autore

Kettell Brian

Titolo

Introduction to Islamic banking and finance / / Brian Kettell

Pubbl/distr/stampa

Chichester, U.K. : , : Wiley, , 2011

ISBN

1-119-99060-2

1-283-20461-4

9786613204615

1-118-37242-5

1-118-46729-9

1-119-99127-7

Descrizione fisica

1 online resource (194 pages) : illustrations

Collana

Wiley finance series

Disciplina

300

332.1091767

Soggetti

Banking law (Islamic law)

Banks and banking - Islamic countries

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction to Islamic Banking and Finance; Contents; Preface; About the Author; 1 Muslim Beliefs; 1.1 Five Pillars of Faith; 1.1.1 Profession of Faith; 1.1.2 Five Daily Prayers; 1.1.3 Almsgiving; 1.1.4 Fasting; 1.1.5 Pilgrimage to Mecca; 1.2 Six Islamic Creeds; 1.2.1 Definition of Iman; 1.2.2 Iman as Basis of Righteous Deeds; 1.3 Belief in Allah and His Attributes; 1.4 Belief in Destiny; 1.5 Belief in Angels; 1.6 Belief in Apostles; 1.7 Belief in the Revealed Books; 1.8 Belief in the Hereafter; 2 Sharia'a Law and Sharia'a Boards: Roles, Responsibility and Membership

2.1 Definition of the Sharia'a 2.2 Allah is the Law Giver; 2.3 Objectives of the Sharia'a; 2.3.1 Sharia'a: The Framework of Islamic Banking; 2.4 Sources of the Sharia'a; 2.4.1 Qur'an: The Primary Source of the Sharia'a; 2.4.2 Sunnah: The Second Primary Source of the Sharia'a; 2.4.3 Ijma (Consensus): The First Secondary Source of the Sharia'a; 2.4.4 Qiyas (Analogical Reasoning): The Second Secondary Source of the Sharia'a; 2.4.5 Ijtihad; 2.4.6 Compliance with the Scheme of Sharia'a Laws; 2.5 Sharia'a Islamic Investment Principles; 2.6 Conditions for Investment in Shares



2.7 Sharia'a Supervisory Board (SSB) 2.7.1 Function and Responsibilities; 2.7.2 Sharia'a Boards: Roles and Scope of Responsibilities; 2.7.3 Dubai Islamic Bank (DIB); 2.8 Sharia'a Board Scholar Qualifications; 2.8.1 Dr Hussain Hamid Hassan; 2.8.2 Dr Ali AlQaradaghi; 2.8.3 Dr Mohamed Elgari; 2.8.4 Dr Mohd. Daud Bakar; 2.8.5 Sheikh Nizam M.S. Yaquby; 2.8.6 Sheikh Muhammed Taqi Usmani; 2.8.7 Sheikh Abdullah Bin Suleiman Al-Maniya; 2.8.8 Sheikh Dr Abdullah bin Abdulaziz Al Musleh; 2.8.9 Sheikh Dr Muhammad Al-Ali Al Qari bin Eid

2.9 State Bank of Pakistan (SBP): Proper Criteria for Appointment of Sharia'a Advisors 2.9.1 Solvency and Financial Integrity; 2.9.2 Personal Integrity, Honesty and Reputation; 3 Definition of Islamic Banking; 3.1 Conventional Bankers and Islamic Banking; 3.2 Six Key Islamic Banking Principles; 3.2.1 Predetermined Payments are Prohibited; 3.2.2 Profit and Loss Sharing; 3.2.3 Making Money Out of Money is Not Acceptable; 3.2.4 Uncertainty is Prohibited; 3.2.5 Only Sharia'a-Approved Contracts are Acceptable; 3.2.6 Sanctity of Contract; 3.3 Definition of Asymmetric Information

3.3.1 Adverse Selection 3.3.2 Moral Hazard; 3.4 Origins of Asymmetric Risk within Islamic Banking; 3.5 Riba in the Qur'an and Sunnah or Hadith; 3.5.1 Textual Evidence for the Ban on Interest; 3.5.2 Islamic Rationale for Banning Interest (Riba); 3.6 Five Reasons for the Prohibition of Riba; 3.6.1 Interest is Unjust; 3.6.2 Interest Corrupts Society; 3.6.3 Interest Implies Unlawful Appropriation of Other People's Property; 3.6.4 Interest-Based Systems Result in Negative Growth; 3.6.5 Interest Demeans and Diminishes Human Personality; 4 Murabaha as a Mode of Islamic Finance; 4.1 Murabaha Transactions

Sommario/riassunto

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.



2.

Record Nr.

UNINA9910786165203321

Titolo

Archives : recordkeeping in society / / editors, Sue McKemmish [et al.]

Pubbl/distr/stampa

Wagga Wagga, N.S.W. : , : Centre for Information Studies, , 2005

©2005

ISBN

1-78063-416-1

Descrizione fisica

1 online resource (vi, 348 pages) : illustrations

Collana

Topics in Australasian Library and Information Studies, , 1030-5009 ; ; Number 24

Altri autori (Persone)

McKemmishSue

Disciplina

025.1714

Soggetti

Archives

Archival resources

Records - Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

Cover; Archives: Recordkeeping in Society; Copyright; Dedication; Contents; Figures; About this book; CHAPTER 1 Traces: Document, record, archive, archives; Readings; CHAPTER 2 Archival institutions; Archives and human impulses: The institutionalization and pluralization of the record; Institutional form and function since the dawn of time; The French Revolution and the nineteenth century; Archival institutions in twentieth-century post-colonial societies; Archival institutions in North America; Public records institutions in Australia; The collecting tradition in Australia

Business archives in Australia Educational and religious archives in Australia; Archives as a place and virtual archives; Conclusion; Readings; CHAPTER 3 Professing archives: A very human enterprise1; Understanding professions and professionalization; Building a profession: The journey so far; Traditional roles and relationships; Electronic revolution: Catalyst for integration; Towards a reinvented professional; Professional associations; Professional knowledge and education; Looking to the future; Readings; CHAPTER 4 Documents; We live in a web of documents; Concept of genre

Document analysis: The near and far, the side by side Documents and records as evidence; Documents, information objects and metadata;



Conclusion; CHAPTER 5 Records; Introduction; Records and documents; Reliable records and records as contingent objects; Situating the document in records systems; Case study: Registry systems; Metadata; Access; Appraisal; Conclusion: Records as static objects or dynamic objects; Readings; CHAPTER 6 The archive; Introduction; Notion of an archive; Archive in context: Organizations and business activities; Needs of organizations

Archive in changing organizational structures Administrative traditions and practices; Record-creating entity and records management policies; Relationship between organization and recordkeeping system; Individuals and families; Perspectives on the archive and the process of archiving; Identity of an archive: Boundaries and meaning; Concluding remarks; Readings; CHAPTER 7 The archives; Archival systems, frameworks and scalability; Trusted systems and pluralization; Description; Appraisal; Preservation; Frameworks for public access; Archival systems of the future; Conclusion; Readings

CHAPTER 8 The records continuum Introduction: The storage of activity-based information; Spacetime distancing and information management processes; Spacetime distancing and the expanding universe; Conclusion; Readings; CHAPTER 9 Recordkeeping and accountability; Accountability of whom, for what, to whom?; Recordkeepers as agents of accountability: What is their role?; Recordkeepers as agents of accountability: Can they be trusted?; Readings; CHAPTER 10 Recordkeeping and juridical governance; Introduction; Archival science, recordkeeping, law and the state; Recordkeeping and juridical systems; Records, social relationships and legal systems

Sommario/riassunto

"This book introduces the significance of archives and the results of local and international research in archival science. It explores the role of recordkeeping in various cultural, organisational and historical contexts. Its themes include archives as a web of recorded information: new information technologies have presented dilemmas, but also potentialities for managing of the interconnectedness of archives. Another theme is the relationship between evidence and memory in archives and in archival discourse. It also explores recordkeeping and accountability, memory, societal power and juridical power, along with an examination of issues raised by globalisation and interntionalisation."--Publisher's description