Fundamentals of Islamic money and capital markets [[electronic resource] /] / Mohd Azmi Omar, Muhamad Abduh, Raditya Sukmana

• Record Nr.: UNINA9910141600203321
• Autore: Omar Mohd Azmi
• Pubbl/distr/stampa: Singapore, : Wiley, 2013
• ISBN: 1-119-19896-8; 1-299-24189-1; 1-118-50400-3; 1-118-50402-X
• Edizione: [1st edition]
• Descrizione fisica: 1 online resource (258 p.)
• Collana: Wiley finance series
• Altri autori (Persone): AbduhMuhamad; SukmanaRaditya
• Disciplina: 332.491767
• Soggetti: Money - Religious aspects - Islam; Money - Islamic countries; Capital market - Religious aspects - Islam; Capital market (Islamic law); Banks and banking - Religious aspects - Islam; Banks and banking - Islamic countries
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: On cover: Islamic finance.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Fundamentals of Islamic Money and Capital Markets; Copyright; Contents; Preface; Audience; Overview of the Contents; Acknowledgments; 1: An Introduction to Conventional and Islamic Financial Systems; Learning Outcomes; Introduction; The Roles and Functions of Financial Markets; Structures of Financial Markets; Based on the Instrument; Based on the Issuance of Securities; Methods Used in Secondary Markets; Based on the Maturity; Classification of Financial Markets; The Money Market; The Capital Market; Types of Financial Intermediaries; Depository Institutions; Contractual Institutions; Investments and Finance Institutions A Brief Overview of the Islamic Financial System; Evolution of Islamic Finance; Chapter Summary; Chapter Questions; Notes; References; 2: Development of Islamic Capital and Money Markets in Malaysia; Learning Outcomes; Introduction; Development of Islamic Financial Institutions in Malaysia; ; 1960 to 1990: Establishment of Islamic Financial Institutions; 1990 to 2000: Conventional Banks Allowed to Offer Islamic Financial Products and Services; 2000 to 2010: Islamic Subsidiaries and the International Integration of the Islamic Banking System; Islamic Capital Markets in Malaysia Sukuk; Islamic Collective Investments; Islamic Stock Broking; Malaysia International Islamic Financial Centre (MIFC); Chapter Summary; Chapter Questions; Notes; References; 3: Regulators and Transactions Platform for Capital and Money Markets; Learning Outcomes; Introduction; Bank Negara Malaysia (BNM); Role and Functions; BNM Administered Legislation; Role of BNM on ICM Development; The Securities Commission (SC); Role of SC on ICM Development; Bursa Malaysia (BM); Role of BM on ICM Development; Shariah-Compliant Stocks and ETF; Islamic Equity Indices; Islamic REITs and Sukuk Market Chapter Summary; Chapter Questions; Notes; References; Websites; 4: Islamic Money Market; Learning Outcomes; Introduction; Money Market Participants; Functions of the Islamic Money Market; Differences between Islamic and Conventional Money Markets; Components of the Malaysian Islamic Money Market; Islamic Interbank Market; Mudarabah Interbank Investment; Profit Calculation for Mudarabah Interbank Investment; Example: Mudarabah Interbank Investment (MII); Commodity Murabahah; Example: Commodity Murabahah Interbank Investment; Wakalah Investment; Trading of Islamic Money Market Instruments Government Investment Issue (GII); Example: Calculation of GII price; Malaysian Islamic Treasury Bills (MITB); Example: Calculation of Proceeds on MITB; Bank Negara Monetary Notes (BNMN); Sukuk Bank Negara Malaysia Ijarah (SBNMI); Islamic Negotiable Instruments (INI); Negotiable Islamic Debt Certificate (NIDC); Example: Calculation of Price of NIDC of Less Than One Year; Example: Calculation of Price NIDC with Maturity of More Than One Year; Islamic Negotiable Instruments of Deposit (INID); Example: Calculation of Proceeds for an INID; Islamic Accepted Bill (IAB)
• Sommario/riassunto: The first comprehensive guide to Islamic financial markets Based on the course taught at the International Islamic University Malaysia, this is the first book on Islamic finance to focus exclusively on money and capital markets. Covering basic concepts as well as current practices in Islamic financial markets, the book features case studies from real markets. It outlines the theory of money in terms of value, supply, and demand, while explaining the Islamic capital markets in terms of classifications, types of operations, valuations of securities, Islamic unit trust, ETFs, Islamic