Summary |
Divided into four comprehensive parts, this reliable resource opens with an informative introduction to the history and development of Islamic banking-providing an engaging overview of this discipline, starting from the early days of Islam up until today. Part two quickly moves on to shed light on the nature of risk in Islamic banks and how it differs from conventional banks. This part not only examines the risk facing Islamic banks, but also explores the inherent risk associated with each of today’s Islamic finance instruments.
In part Three, you’ll become familiar with the regulatory framework of both the conventional banking system and Islamic financial institutions as well as the regulatory issues, concerns, and challenges facing the Islamic financial industry. Finally, in part four, El tiby rounds out the discussion of Islamic banking by touching on the topic of corporate governance.
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