Islamic Law and Finance: Religion, Risk, and Return - Couverture souple

Vogel, Frank; Hayes, Samuel

Couverture souple

ISBN 10 : 9041106243 ISBN 13 : 9789041106247

Editeur : Kluwer Law International, 1998

Synopsis

Mirroring the expansion of wealth in the Middle East and Asia and a surge in Islamic self-identity, Islamic banking practices have either become the law of the land or coexist and compete with Western practices in at least six countries. A growing number of institutions and mutual funds (akin to Western ''socially responsible'' funds) have established Islamic investment and other practices to cater to this burgeoning market. Because of its prevalence, practitioners in every banking-related area must familiarize themselves with current Islamic finance practices in order to do business with Muslim clients and to engage in cross-border financing. Injunctions from the Qur'an and the sayings of Prophet Muhammed have generated a web of interrelated norms which prohibit Islamic financiers from engaging in transactions that involve interest (riba) and speculation (gharar). Islamic Law and Finance describes the dynamic set of Islamically-sanctioned ways financiers can transacat business.

A propos du livre

À propos de l?auteur

Frank E. Vogel, Director, Islamic Legal Studies Program, Harvard Law School, Cambridge, MA, USA .
Samuel L. Hayes III, Jacob H. Schiff Professor of Investment Banking, Harvard Business School, Cambridge, MA, USA.

Détails de l'édition

• Éditeur: Kluwer Law International
• Date d'édition: 1998
• Langue: anglais
• ISBN 10: 9041106243
• ISBN 13: 9789041106247
• Reliure: Broché
• Nombre de pages: 348
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible