Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book discusses carefully selected topics in Islamic banking and finance (IBF) in South Eastern Europe (SEE) as one of the fastest growing areas in global finance. IBF originated within various Islamic banks, Islamic windows, investment funds, Takaful companies, and other financial institutions and has resulted in various global products. Although it is still in an early phase in SEE, IBF has developed rapidly in the last decade and has created a need for research on related topics, from the fundamental principles of IBF to the SCR, endowments and investment instruments to Islamic banking practices. This is our second book published as a result of the Sarajevo Islamic and Finance conferences (SIFEC). This conference traditionally gathers Islamic banking, economics, and finance academicians, experts, and students all over the world who discuss a wide range of topics in this field, focusing on the SEE. Consisting of seven chapters presenting original research, this book is a valuable resource for researchers as well as for practitioners and potential investors in IBF, especially in SEE. Velid Efendic is an Associate Professor in the field of finance at the University of Sarajevo (UoS), Bosnia and Herzegovina. He was involved in the establishment and management of the Banking Academy and Center for Islamic Economics Banking and Finance at UoS, where he serves as the Head. Since 2013 he serves as the head of the international Joint degree MA programme “Islamic Banking” in collaboration between UoS and University of Bolton, UK. In 2017, Efendic was appointed as a Management Board member in the Banking Agency for supervision and regulation of banks in the Federation of Bosnia and Herzegovina (FBiH) for the mandate of five years. He has been engaged as a consultant and researcher in many research and investment projects in a variety of public, private, and non-governmental, national, and international institutions and companies. For the last ten years, Efendic was the head, author, organizer, and lecturer at many practical/professional seminars and training courses in various fields of banking and Islamic banking and finance. He is one of the founders of the European Association for Islamic Economics, Banking and Finance.

Finance --- Religious aspects --- Islam. --- Finance, Public—Islamic countries. --- Economic development projects—Finance. --- Islamic Finance. --- Development Finance.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The book discusses leading issues in Islamic economics and finance that continue to remain in a fluid, non-consensual state in the profession. It examines the nature and significance of Islamic economics. The book deals with the mainstream topics including growth, environment, distributive justice, monetary policy, risk treatment, methodology and Basel Accords to rehabilitate them for the Islamic discipline within the framework of scarcity, self-interest and gain maximization. Further, it explores the role of the state in directing the economy toward achieving Islamic goals of development and welfare. Zubair Hasan is an Indian economist. His teaching research and consultancy work spans over 58 years. During this period, he worked at the University of Delhi, Basra University of Iraq, international Islamic University of Malaysia and INCEIF, the Global University of Islamic finance, Kuala Lumpur. During this period he won several academic awards; the main ones being the Islamic Development bank’s coveted Prize in Islamic economics (2009) and the OIC Comsec Academic Award 2014. During his long academic career Prof. Hasan published eight books and wrote over 125 working papers and articles in the area of Islamic economics and finance.

Finance, Public—Islamic countries. --- Banks and banking. --- Islamic Finance. --- Banking. --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book aims to explore how Islamist parties mobilize debates, discourses, and environments in electoral authoritarian systems. Interrelating three theoretical schools, Electoral Authoritarianism Theory, Protest Voting Theory, and Political Process Theory, it adopts and expands on a demand-and-supply framework to approach the subject in a novel way, and adapts them to address North Africa, a region in which such theoretical scholarship has until now not been conducted. In-depth case studies focus on two Islamist parties in North Africa, Tunisia’s Ennahda and Algeria’s HMS, both of which adopted the Muslim Brotherhood model, had charismatic leaders, and were active in the political scene from 1989-2014, the period between their first electoral trial and their electoral participation after taking part in governance. The chapters proceed chronologically, providing a historical treatment of the evolution of Ennahda and the HMS since their inception and addressing their development in two and a half decades. Chuchu Zhang is an Associate Professor at the School of International Relations and Public Affairs, Fudan University, China. She received her PhD in Politics and International Studies from the University of Cambridge, United Kingdom. Her research interests are in Middle Eastern politics, terrorism, and China-Middle East relations. .

Middle East-Politics and governm. --- Middle East—Economic conditions. --- Finance, Public—Islamic countries. --- Middle Eastern Politics. --- Middle Eastern and North African Economics. --- Islamic Finance. --- Middle East—Politics and government.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The main purpose of this report is to explore the role Islamic finance has played in furthering financial inclusion in Malaysia, with a view to drawing key lessons of experience. Given Malaysia's success in the development of Islamic finance, these lessons will be useful to policy makers and regulators in other Islamic finance jurisdictions as they make efforts to enhance Islamic financial inclusion. The study will also be relevant to development practitioners involved in providing technical assistance and advisory services to their client countries on different ways to foster financial inclusion and improve the contribution of the financial sector to growth and poverty reduction. The report is composed of five chapters: chapter one presents a macro-level assessment of key inclusion and Islamic finance indicators in Malaysia; chapter two analyses the country's regulatory structures on which inclusion has been based; chapter three identifies its institutional enablers; chapter four specifies prime consumer protection measures; and chapter five enunciates the impact that digitalization and Islamic financial technology (FinTech) have had in increasing inclusion.

Access To Finance --- Consumer Protection --- Dispute Settlement --- Finance and Financial Sector Development --- Financial Institutions --- Financial Literacy --- Financial Regulation --- Financial Regulation and Supervision --- Islamic Finance --- Social Development --- Social Inclusion and Institutions

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book, the first of two volumes, highlights the concept of financial inclusion from the Islamic perspective. An important element of the Sustainable Development Goals (SDGs), financial inclusion has been given significant prominence in reform and development agendas proposed by the United Nations and G-20. The significance of Islamic financial inclusion goes beyond improved access to finance to encompass enhanced access to savings and risk mitigation products, as well as social inclusion that allows individuals and companies to engage more actively in the real economy. It represents one of the important drivers of economic growth. Gender disparity exists within financial access and its extent varies widely across world economies. South Asia, the Middle East and North Africa have the largest gender gaps, with women in these regions being forty per cent less likely than men to have a formal account at a financial institution. Analysing how Islamic financial inclusion can empower individuals, this volume explores the contribution of Islamic microfinance in achieving SDGs and solving income and wealth inequality. Comprising a combination of empirical evidence, theory and modelling, this edited collection illustrates how to improve access to finance, making it essential reading for those researching both Islamic finance and development finance.

Welfare economics. --- Economic development projects --- Finance. --- Islamic countries. --- Public investments --- Economic policy --- Economics --- Social policy --- Muslim countries --- Finance, Public—Islamic countries. --- Economic development projects—Finance. --- International finance. --- Islamic Finance. --- Development Finance. --- Social Choice/Welfare Economics/Public Choice/Political Economy. --- International Finance. --- International monetary system --- International money --- Finance --- International economic relations --- Finance, Public