1.

Record Nr.

UNINA9910778825103321

Autore

Venardos Angelo M.

Titolo

Islamic banking & finance in South-East Asia : its development & future / / by Angelo M Venardos

Pubbl/distr/stampa

Hackensack, New Jersey : , : World Scientific, , [2012]

©2012

ISBN

9789814350433

9789814458962

1-280-37549-3

9786613555397

981-4350-43-5

Edizione

[Third edition.]

Descrizione fisica

1 online resource (xxvii, 264 pages)

Collana

Asia-pacific business series, , 1793-3137 ; ; vol. 6

Disciplina

332.10959

Soggetti

Banks and banking - Southeast Asia

Banks and banking - Islamic countries

Banks and banking - Religious aspects - Islam

Islamic law - Southeast Asia

Southeast Asia Economic conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes glossary (pages 216-220).

Nota di bibliografia

Includes bibliographical references (pages 221-232) and index.

Nota di contenuto

Contents; Foreword by Arfat Selvam; Preface to 3rd Edition; Acknowledgements; Introduction; Chapter 1 Islamic History; 1.1 The Quran; 1.2 The Five Principles of Islam; 1.3 The Mosque; 1.4 Muhammad and the Origins of Islam; 1.5 The Spread of Islam; 1.6 The Golden Age of Islam; 1.7 Decline and Fall; 1.8 A Revival of Fortunes; 1.9 Middle-Eastern Oil; 1.10 Islamic Nationhood in the Late Twentieth Century; 1.11 The Iranian Revolution and After; 1.12 Islamic Banking and Islamic Revival; Chapter 2 Shari'ah Law and Islamic Jurisprudence; 2.1 From the Obligatory to the Forbidden

2.2 The Quran, the Sunnah and the Hadith 2.3 The Five Major Schools of Islamic Law; 2.4 Classical Islamic Jurisprudence and the Processes for Ascertaining the Law; 2.5 The Concept of Fatwah; 2.6 From Revelation to Codification: Scholasticism and the Formulation of Doctrine; 2.7 Closing of the Door of Ijtihad; 2.8 Shari'ah and State Law in the Modern



Era; Chapter 3 Islamic Commercial Law; 3.1 Islamic vs. Non-Islamic Commercial Transactions; 3.2 Principal Requirements of the Shari'ah in Relation to Commercial Activities; 3.3 Islam: the Difference between Equity and Debt

3.4 Rationale of the Prohibition of Interest 3.5 Conventional Banking and the Prohibition of Riba in Islam; 3.6 Treatment of Deposits with Interest; 3.7 Profit and Loss Sharing; 3.8 Profit-Sharing Enterprises; 3.9 Islamic Contract Law; 3.10 Types of Contract in Shari'ah; 3.11 Islamic Financing in a Contemporary Setting; 3.12 The Problem of Uncertainty ( gharar); 3.13 Summary; Chapter 4 Islamic Financial Products; 4.1 The Emergence of Islamic Banking; 4.2 Different Paths, Same Goal; 4.3 What Investment Products are Permissible under Islamic Shari'ah Law; 4.4 Shari'ah Investment Principles

4.5 Equity-Financing and Debt-Financing in Pre-Islamic Arab Society 4.6 Islamic Equity-Financing and Debt-Financing; 4.7 Equity Securities: Profit-Sharing Contracts; 4.8 Debt-Financing Contracts; 4.9 Debt Securities; 4.10 Shari'ah Qualifications in Leasing; 4.11 Other Risk-Taking Products; 4.12 Islamic Insurance; 4.13 Takaful Insurance in a Contemporary Context; 4.14 Takaful Compared with Conventional Insurance; 4.15 Summary; Chapter 5 Issues and Challenges of Islamic Banking Today; 5.1 Obstacles to the Application of Islamic Law to Present Day Banking; 5.2 Derivation from Revealed Sources

5.3 Methodological Differences 5.4 Pluralism of Fatwahs; 5.5 The Problem of Applying Islamic Law in a Western Legal Environment; 5.6 Accounting and Corporate Regulatory Practices; 5.7 Depositors and Regulators; 5.8 Regulators' Concerns; 5.9 Legal Challenges; 5.10 Developing an Efficient Regulatory Framework; 5.11 Special Requirements of Islamic Banking; 5.12 Assessment and Management of Investment Risks; 5.13 Proposals for a Regulatory Framework for Islamic Banking; 5.14 Conclusion; Chapter 6 Islam in South-east Asia; 6.1 The Coming of Islam to South-east Asia

6.2 European Rivalries and Colonisation

Sommario/riassunto

"Islamic Banking and Finance in South-East Asia by Angelo M Venardos has been a 'must read' since its first edition in 2005 and has already been translated to Arabic. Now in its 3rd edition, the book offers important updates you can look forward to, starting with the foundations of Islamic banking, developments and issues. The reader is then treated to a timely survey of Islamic banking in five South-east Asian countries. Most of these chapters have been completely revamped from the last edition. One additional chapter has been added on Islamic Succession Planning, which introduces an increasingly essential aspect of Muslim life — that of managing one's wealth now and in the afterlife. Whether you are new to the topic or a practitioner in the industry, you will appreciate the accessible way in which the book is written. According to the Asian Journal of Comparative Law, the book gives a broad overview yet 'manages to achieve this in a rather slim volume while providing depth of analysis at the same time'" --