{"title":"Islamic Banking \u0026 Finance","description":"\u003cp\u003eIslamic Banking \u0026amp; Finance examines financial systems and practices that comply with Sharia law, setting them apart from conventional banking methods. This category explores asset management, risk sharing, and prohibition of interest, offering readers a clear understanding of how Islamic principles influence personal finance, corporate investment, and the structure of financial institutions.\u003c\/p\u003e\u003cp\u003eTo navigate Islamic Banking \u0026amp; Finance, consider focusing on comparative studies between Islamic and traditional finance, ethics-driven investment strategies, or the development of Islamic financial instruments and institutions. This subject is distinct from general Business \u0026amp; Economics by its emphasis on religious and ethical imperatives shaping modern financial systems worldwide.\u003c\/p\u003e","products":[{"product_id":"islamic-economic-institutions-indonesia-9789811272684-new","title":"Islamic Economic Institutions in Indonesia","description":"\u003cp\u003eIslamic institutions have had a very long history, whose performance was muted during the Colonial Period. However, after the Second World War, the revival of the Islamic institutions began. Throughout its history, it had been assumed that these institutions are working for the betterment of humanity. Their target is to achieve a high level of the welfare for the concerned community. Historically these institutions were waqf, zakat and sadaqat. However from the last three decades, Islamic financial institutions have been established with the objective of providing interest- free products, transaction and services for Muslims. However there has been lot of criticism on the performance and role of these institutions. This becomes especially pertinent in a Muslim country like Indonesia, where there is a dire need to know that how these institutions are working and if it is possible for them to achieve the objectives of the Shari'ah. Some scholars have claimed that these institutions are performative and only serving 'lip service', and there are no significant differences between the Islamic and secular institutions where both kinds of institutions operate on the same foundations and differ only in use of technical terminologies. This volume aims to analyze some of the Islamic institutions which are operating in the world's biggest Muslim country, Indonesia, as a case study and analyze the contemporary Islamic Banking products and practices in the light of 'Maqasad al-Shari'ah'. The book's objective is to propose an improved system of Islamic institutions for Muslims to refer to. This volume will also analyze why these institutions are currently not able to comply with the Maqasad al Shari'ah and how it is possible to enhance the level of economic development, social wellbeing, individual freedom and equality, elimination of injustice and poverty, and achieve the other targets of the Maqasad through these institutions.\u003c\/p\u003e","brand":"WORLD SCIENTIFIC PUB CO INC","offers":[{"title":"New","offer_id":51544192287010,"sku":"9789811272684-new","price":103.05,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0893\/4755\/5618\/files\/9789811272684.jpg?v=1776399791"},{"product_id":"introduction-islamic-banking-finance-9789811224218-new","title":"Introduction to Islamic Banking and Finance","description":"\u003cp\u003eThis book, \u003cem\u003eIntroduction to Islamic Banking and Finance: An Economic Analysis\u003c\/em\u003e, covers the basic principles of Islamic economics and finance. It discusses both the theory of Islamic economics and finance as well as the applications in the design of instruments of finance as well as Islamic financial institutions. The book enables its readers to gain an understanding of the structures and operations of Islamic banking, Islamic capital market investments, risk management, and taxation for Islamic banking contracts.\u003c\/p\u003e\u003cp\u003eThe book sets forth the following objectives: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eAn overview of the principles of Islamic economics and understand their contrast with mainstream economics.\u003c\/li\u003e\n\u003cli\u003eAn overview of basic rules of commercial law in Islamic jurisprudence.\u003c\/li\u003e\n\u003cli\u003eAn overview of basic principles, structures and operations of Islamic banking both in the liability side and asset side operations.\u003c\/li\u003e\n\u003cli\u003eAn understanding of Islamic capital market instruments and investment management including some unique activities peculiar to Islamic investments, such as stock screening and income purification.\u003c\/li\u003e\n\u003cli\u003eAn illustration of different Takaful structures, which are applied for risk management by individuals and corporates.\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"WORLD SCIENTIFIC PUB CO INC","offers":[{"title":"New","offer_id":51544439750946,"sku":"9789811224218-new","price":40.69,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0893\/4755\/5618\/files\/9789811224218.jpg?v=1776403782"},{"product_id":"beyond-fintech-9789811222306-new","title":"Beyond Fintech","description":"\u003cp\u003eBeyond Fintech: Technology Applications for the Islamic Economy is a follow-up to the first-ever Islamic Fintech book by the author (published in 2018) that provided linkages between Islamic Finance and disruptive technologies like the blockchain. In the wake of fintech as a new trend in financial markets, the ground-breaking book stressed the relevance of Islamic finance and its implications, when enabled by fintech, towards the development of the Islamic digital economy. While the earlier work discussed the crucial innovation, structural, and institutional development for financial technologies in Islamic Finance, this new research explores the multiple applications possible in the various sectors of the economy, within and beyond finance, that can be significantly transformed. These revolutionary applications involve the integration of AI, blockchain, data analytics, and Internet-of-Things (IoT) devices for a holistic solution to tackle the bottlenecks and other issues in existing processes of traditional systems. The principles of accountability, duty, justice, and transparency are the foundation of shaping the framework in achieving good governance in all institutions - public or private, Islamic or otherwise. Technologies like AI, blockchain, and IoT devices can operationalize the transparency and accountability that is required to eradicate poverty, distribute wealth, enhance micro-, small- and large-scale initiatives for social and economic development, and thus share prosperity for a moral system that enables a more secure and sustainable economy.\u003c\/p\u003e","brand":"WORLD SCIENTIFIC PUB CO INC","offers":[{"title":"New","offer_id":51544441749794,"sku":"9789811222306-new","price":71.87,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0893\/4755\/5618\/files\/9789811222306.jpg?v=1776403892"}],"url":"https:\/\/www.albakireads.com\/collections\/business-economics-islamic-banking-finance.oembed","provider":"AlbakiReads","version":"1.0","type":"link"}