LEADER 05332nam 2200649 a 450 001 9910139014303321 005 20230803021522.0 010 $a1-118-46513-X 010 $a1-118-46515-6 010 $a1-118-46516-4 035 $a(CKB)2550000001111826 035 $a(EBL)1426520 035 $a(SSID)ssj0001161193 035 $a(PQKBManifestationID)11748354 035 $a(PQKBTitleCode)TC0001161193 035 $a(PQKBWorkID)11131686 035 $a(PQKB)10199603 035 $a(MiAaPQ)EBC1426520 035 $a(Au-PeEL)EBL1426520 035 $a(CaPaEBR)ebr10748739 035 $a(CaONFJC)MIL511718 035 $a(OCoLC)856626093 035 $a(EXLCZ)992550000001111826 100 $a20130831d2013 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aIslamic capital markets$b[electronic resource] $ea comparative approach /$fObiyathulla Ismath Bacha, Abbas Mirakhor 210 $aSingapore $cJohn Wiley & Sons Singapore Pte. Ltd.$d2013 215 $a1 online resource (434 p.) 225 0$aWiley finance series 300 $aDescription based upon print version of record. 311 $a1-118-46514-8 311 $a1-299-80467-5 320 $aIncludes bibliographical references and index. 327 $aIslamic Capital Markets: A Comparative Approach; Copyright; Contents; Preface; Overview of Contents; Additional Materials; Acknowledgments; Chapter 1: Founding Thoughts-Adam Smith, Capitalism, and Islamic Finance; Introduction and Overview; Chapter Topics; Chapter Objective; Key Terms; 1.1: The Roots: The Economy, Real and Financial Sectors, Risk and Islamic Finance; 1.2: Uncertainty and Risk; 1.3: Why Is There Uncertainty and Risk?; 1.4: Types of Risk; 1.5: Risk in the Real Sector and in the Financial Sector; 1.6: Financial System of Capitalism: The Foundations; 1.7: Smith and Arrow 327 $a1.8: Smith and Ethical Rules 1.9: An Arrow-Debreu Economy; 1.10: What Happened to the Smith-Arrow Risk-Sharing Ideal?; 1.11: Can Economics Explain a Positive Predetermined Rate of Interest?; 1.12: Islamic Finance: The Foundations; 1.13: Islamic Rules Governing Exchange; 1.13.1: Property Rights; 1.13.2: Contracts and Trust; 1.13.3: Markets; 1.13.4: Markets of the Prophet; 1.14: Islamic Financial Markets and Instruments; 1.15: Islamic Finance Industry at Present; 1.16: What Does the ""Paper Economy"" Look Like Today, Some Five Years After the Crisis?; Summary; Questions and Problems 327 $aReferences and Further Reading Chapter 2: The Capital Markets; Introduction and Overview; Chapter Topics; Chapter Objective; Key Terms; 2.1: Introduction; 2.2: Key Trends in Capital Market Development; 2.2.1: Globalization; 2.2.2: Liberalization; 2.2.3: The Rise of Islamic Finance; 2.3: Stock Exchanges of the Islamic World; 2.3.1: Tadawul (Saudi Arabia); 2.3.2: Bursa Malaysia; 2.3.3: The Istanbul Stock Exchange; 2.3.4: The Indonesian Stock Exchange; 2.3.5: The Qatar Exchange; 2.3.6: Kuwait Stock Exchange; 2.3.7: The Egyptian Stock Exchange; 2.3.8: Tehran Stock Exchange (Iran) 327 $a2.3.9: Karachi Stock Exchange (Pakistan)2.3.10: Muscat Stock Market (Oman); 2.3.11: Abu Dhabi Securities Exchange (ADX); 2.4: The Debt Markets; 2.5: The Money Markets; 2.6: The Derivatives Market; 2.7: Risks in Capital Markets; 2.7.1: Market/Price Risk; 2.7.2: Interest Rate Risk; 2.7.3: Default/Credit Risk; 2.7.4: Liquidity Risk; 2.7.5: Political Risk; 2.7.6: Regulatory/Moral Hazard/Inflation Risks; 2.7.7: Transparency and Misreporting Risks; 2.7.8: Shariah Risk; Summary; Questions and Problems; References and Further Reading; Websites 327 $aChapter 3: Islamic Finance: Underlying Philosophy, Contracts, Instrument Design, and Requisites Introduction and Overview; Chapter Topics; Chapter Objective; Key Terms; 3.1: Introduction; 3.2: Underlying Themes and Fundamentals of Fiqh Mu'amalah; 3.3: Requirements for Islamic Capital Market Instruments/Transactions; 3.3.1: Riba; 3.3.2: Gharar; 3.3.3: Maisyir; 3.3.4: Jahl; 3.4: Shariah-Based Contracts for Financial Transactions; 3.4.1: Other Commonly Used Capital Market Contracts; 3.5: International Regulatory Institutions for Islamic Finance 327 $a3.5.1: The International Islamic Fiqh Academy Jeddah (IIFA) 330 $aA comprehensive examination of Islamic capital markets Taking a comparative approach to the subject, this text looks at the similarities and differences between Islamic capital markets and conventional capital markets. The book explains each particular topic from both the conventional and the Islamic perspective, offering a full understanding of Islamic capital markets, processes, and instruments. In addition to a full explanation of Islamic products, this approach also ensures a holistic understanding of the dual markets within which Islamic capital markets operate. Ideal for 606 $aCapital market$zIslamic countries 607 $aIslamic countries$2fast 615 0$aCapital market 676 $a332.0415088297 700 $aBacha$b Obiyathulla Ismath$0949130 701 $aMirakhor$b Abbas$0862217 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910139014303321 996 $aIslamic capital markets$92145318 997 $aUNINA