Abstrak
Islamic banking has grown rapidly over the past decadeand currently continues to grow, while many conventional banks and financial institutions write off $billions ofbad debt. In 30 years Islamic banking has developed fromlocal provision to providers of established international financial products. This book explains the principles of Islamic banking and finance. It then provides a guide to Islamic finance products such as istisna'a, murabaha,musharaka, mudaraba, ijara, sukuk and salam, so that the reader can understand the key concepts and main vocabulary of Islamic finance. It goes on to discuss theapplication of Islamic products to a variety of financialcontexts (e.g. asset management, treasury, riskmanagement, raising finance, tax). It also providesguidance on the regulatory frameworks for Islamicfinance.