LEADER 04306nam 22006135 450 001 9910255029503321 005 20200702234320.0 010 $a3-319-52947-1 024 7 $a10.1007/978-3-319-52947-9 035 $a(CKB)3710000001176691 035 $a(DE-He213)978-3-319-52947-9 035 $a(MiAaPQ)EBC4841614 035 $a(EXLCZ)993710000001176691 100 $a20170413d2017 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFinancial Innovation and Engineering in Islamic Finance /$fby Samir Alamad 205 $a1st ed. 2017. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2017. 215 $a1 online resource (XXIII, 225 p. 9 illus. in color.) 225 1 $aContributions to Management Science,$x1431-1941 311 $a3-319-52946-3 320 $aIncludes bibliographical references and index. 327 $aIntroduction -- The Context of Islamic Bankin and Finance -- Analysis of Financial Innovation and Engineering in the Literature -- A Historical Analysis of Financial Innovation in Islamic Economics and Finance from Inception to the 16th Century -- A Historical Analysis of Financial Innovation in Islamic Economics and Finance from the 16th Century to Present -- Traditional Theory of Financial Innovation -- Financial Innovation Theory from an Islamic Perspective -- Futures Contracts as an Underlying Product of Financial Engineering in Islamic Finance -- Options Contracts as an Underlying Product of Financial Engineering in Islamic Finance -- Outlining a Framework for Financial Innovation and Engineering in Islamic Finance -- Case Stduy: Analysis of Selected Shariah Compliant Financial Products -- Discussion and Conclusion. . 330 $aThis book provides two important contributions to existing theories in the financial innovation literature. First, it extends the existing literature of innovation orientation to a completely new field and construct that is based on a religious imperative as a framework within which financial innovation is constrained. It explains how an innovation orientation in IFIs can be directed within religious rules, which indicates that innovation orientation in IFIs is a learning philosophy. Second, the book introduces and examines the plasticity of Shariah as a shared boundary object and its dynamic role in managing tension and conflicting values in the financial innovation process. Furthermore, building on the empirical results, the study illustrates the insights that each theoretical lens affords into practices of collaboration and develops a novel analytical framework for understanding religious orientation towards financial innovation. This practical contribution, of the developed framework, could form the basis for a standardised framework for the Islamic finance industry. The book concludes by noting the policy and managerial implications of its findings and provides directions for further research. 410 0$aContributions to Management Science,$x1431-1941 606 $aFinancial engineering 606 $aBusiness enterprises?Finance 606 $aBanks and banking 606 $aFinance?History 606 $aFinancial Engineering$3https://scigraph.springernature.com/ontologies/product-market-codes/612020 606 $aBusiness Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/512000 606 $aBanking$3https://scigraph.springernature.com/ontologies/product-market-codes/626010 606 $aFinancial History$3https://scigraph.springernature.com/ontologies/product-market-codes/617000 615 0$aFinancial engineering. 615 0$aBusiness enterprises?Finance. 615 0$aBanks and banking. 615 0$aFinance?History. 615 14$aFinancial Engineering. 615 24$aBusiness Finance. 615 24$aBanking. 615 24$aFinancial History. 676 $a332.091767 700 $aAlamad$b Samir$4aut$4http://id.loc.gov/vocabulary/relators/aut$0870331 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910255029503321 996 $aFinancial Innovation and Engineering in Islamic Finance$91942938 997 $aUNINA