Theory and Practice of Modern Islamic Finance: The Case Analysis from Australia (Paperback) (ISBN-13: 9781599425177)

Theory and Practice of Modern Islamic Finance seeks to contribute to the existing body of work in the area of Islamic finance through examining the extent of divergence in practice of Islamic financing from the traditional Shari ah in the Australian context. The author makes a discursive analysis of the regulation of Islamic finance in Australia in terms of (a) the financing instruments used, (b) certainty of transactions between participants in the system, and (c) institutional risk management of Islamic financial institutions. The work's objectives are two-fold: (a) to analytically study the extent to which Islamic Financial Services Providers (IFSPs) of Australia differ from the traditional Shari ah in their current practices of Islamic legal financial system by their use of different financial products and techniques, and (b) to create awareness and transparency about the various products and instruments used by IFSPs of Australia.

Author: Abu Umar Faruq Ahmad
ISBN-10: 1599425173
ISBN-13: 9781599425177
Publisher: Brown Walker Press
Language: English
Published: 01/01/2010
Pages: 324
Format: Paperback
Weight: 0.83lbs
Size: 8.50h x 5.50w x 0.68d