Islamic finance and economic development risk, regulation, and corporate governance
A comprehensive guide to mitigating risk and fostering growth in the Islamic financial sector Islamic finance, like conventional finance is a business of financial intermediation. Its distinctive features relate to the requirement that it abides by Shari'a rules that promote fairness of cont...
| Otros Autores: | , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
John Wiley & Sons
2015.
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| Edición: | 1st edition |
| Colección: | Wiley finance series.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628443406719 |
Tabla de Contenidos:
- Islamic Finance and Economic Development; Contents; Preface; Acknowledgments; Acronyms; About the Authors; PART One Emergence of Modern Islamic Finance; CHAPTER 1 History and Core Principles of Islamic Finance; HISTORY REVIEW; CORE PRINCIPLES; APPENDIX 1A: STYLIZED BALANCE SHEET OF AN ISLAMIC BANK; APPENDIX 1B: GLOSSARY OF SELECTED ISLAMIC FINANCE TERMS; APPENDIX 1B (Continued ); APPENDIX 1B (Continued ); APPENDIX 1C: GLOSSARY OF ARABIC FINANCE TERMS; CHAPTER 2 Islamic Finance: Opportunity for Egypt's Development; MARKET LANDSCAPE: SIGNIFICANT BROAD-BASED PRESENCE
- BEYOND BANKING: S UKUKS , FUNDS INSTITUTIONAL INFRASTRUCTURE; ISLAMIC FINANCE: OPPORTUNITY TO FINANCE EGYPT'S DEVELOPMENT; Household Finances; Financing Corporations and Projects; SME Financing; REGULATORY CHALLENGES; Inconsistencies between Conventional Regulation and Islamic Finance Principles; CONCLUSION; APPENDIX 2A: SIZE OF ISLAMIC FINANCE IN USD BILLIONS; APPENDIX 2B: LARGEST GCC ISLAMIC BANKS (USD MILLIONS); APPENDIX 2C: ISLAMIC FINANCE IN THE UNITED STATES; PART Two Managing Systemic Risks; CHAPTER 3 Risks, Spillovers, and Distress
- FINANCIAL RISKS AND THEIR IMPACT ACROSS CONVENTIONAL AND ISLAMIC FINANCIAL INSTITUTIONS SPILLOVERS AND CONTAGION; CASES OF ISLAMIC BANK DISTRESS; THE CASE OF TURKEY'S SPECIAL FINANCE HOUSES; CHAPTER 4 Coping with Crises: Policies, Institutions, and Markets; PROVISION OF LIQUIDITY AND CRISIS CONTAINMENT; RECENT EXPERIENCE IN THE GCC COUNTRIES BUILDING PUBLIC CONFIDENCE; IMPACT OF MONETARY POLICY IN DUAL SYSTEMS; TOOLS FOR SYSTEMIC LIQUIDITY MANAGEMENT; SYSTEMIC LIQUIDITY MANAGEMENT: MALAYSIA'S EXPERIENCE; THE ROAD AHEAD: DEALING WITH SYSTEMIC LIQUIDITY IN ISLAMIC FINANCIAL SERVICES
- DISTRESSED INSTITUTIONS RESOLUTION Experiences with Asset Management Corporations; Relevance of an Asset Management Corporation for Islamic Financial Services; CONCLUSION; APPENDIX 4A: TYPES OF INSTRUMENTS IN ISLAMIC INTERBANK MONEY MARKET OF MALAYSIA; PART Three Regulatory Challenges; CHAPTER 5 The Dilemma of Tailor-Made versus Mainstream Regulation; POLICY MAKER AND REGULATOR CHALLENGES; Managing Systemic Liquidity; Enabling Regulatory Framework; Strengthening the Broad Institutional Infrastructure; MARKET PARTICIPANT CHALLENGES; Two Strategic Challenges; Corporate Governance
- Risk Management Diversification of Financial Services; CONCLUSION; CHAPTER 6 Toward an Enabling Framework; RATIONALE FOR REGULATING ISLAMIC FINANCE; ISLAMIC FINANCE PRINCIPLES AND CONVENTIONAL BANKING REGULATION; Risk Sharing; Materiality; No Riba; OVERCOMING THE CONSTRAINTS: AN ORGANIZATIONAL FRAMEWORK BEYOND BANKS; CONCLUSION; PART Four Corporate Governance; CHAPTER 7 Financial Fiduciary Governance; PROTECTING STAKEHOLDERS' FINANCIAL INTERESTS: PRACTICE AND SHORTCOMINGS; Internal Arrangements; External Arrangements; Legal and Regulatory Arrangements; Financial Information Infrastructure
- EMPOWERMENT AND ENABLING REGULATIONS
