Fundamentals of Islamic Finance and Banking

A comprehensive and fully up-to-date introductory textbook to Islamic finance and banking Islamic finance and banking is being used increasingly globally - especially in the regions of Middle East and North Africa, South East and South Asia. To cater to the need of trained Islamic finance staff, a large number of Educational institutions are beginning to offer courses, majors and minors in Islamic finance and banking. The major challenge faced by these institutions are suitable textbooks for both undergrad and post-grad levels and especially with the relevant instructor resources (PPTs, test bank, practice activities and answer keys). Luckily, Fundamentals of Islamic Finance and Banking is here to cover the most important topics related to Islamic finance and banking (IF&B) that are relevant for students of business, finance and banking. Offers an historical background of Islamic finance Covers the principles of Sharia Law as pertinent to finance and banking Provides in-depth discussion of the six key Islamic banking products: Murabaha, Mudaraba, Musharaka, Ijara, Salam and Istisna Discusses the Islamic insurance (Takaful) Gives an overview of Islamic investment, especially Sukuks Concludes with the global standing of the Islamic Finance and Banking industry Would-be colleges and universities offering this subject as a course within their finance and/or banking program can't be without this invaluable guide.

About the Author

SYEDA FAHMIDA HABIB , is currently an instructor at the School of Continuing Studies, York University, Toronto, Canada, specializing in finance, financial accounting and Strategic Management. Prior to this, she served as a senior lecturer at the Higher Colleges of Technology (HCT), UAE, for 19 years, specializing in various finance courses and especially involved in developing and team leading Islamic Finance and Banking. She holds an MBA, a Masters in Applied Finance and a DBA, is a member of CISI, and of the Institute of Islamic Banking and Insurance, London. She has written six books in the areas of finance, which were adopted as primary texts for HCT courses in the areas of Introduction to Finance, Financial Services Marketing in the Arab World and Personal Finance in the Arab World.