The unprecedented rise in popularity of Islamic finance has, in recent years, led to a massive increase in interest in Islamic finance, capital markets and financial products. This has, in turn, led to a demand for more literature in the area, a demand that is in some way being filled. However, there exists no guide which provides real insight into the real world of Islamic financial transactions, and illustrates the complexities of this important mode of modern finance.
Case Studies in Islamic Banking and Finance is a one of a kind resource that fills this gap. Based around 13 individual cases, the book will stimulate discussion and develop the reader's understanding of Islamic finance by contrasting their existing theoretical knowledge against practical examples. The cases cover important topics such as Islamic finance, including Ijara and Musharaka contracts; Islamic mortgages for home finance; financing; and leverage. Each chapter concludes with a set of questions designed to test the readers understanding of each case, with suggested solutions at the end of the book.
Table of Contents
What are the principles of Islamic banking and finance?
Case Study 1.The Ijara Contract as a mode of Islamic Finance.
Case Study 2. The Musharaka Contract as a mode of Islamic Finance.
Case Study 3. The Diminishing Musharaka Contract as a mode of Islamic Finance.
Case Study 4.1.The Mudaraba Contract as a mode of Islamic Finance.
Case Study 4.2.The Mudaraba contracts with multiple financing options.
Case Study 5. Murabaha, Musharaka, Ijara and Ijara Wa-Iktina.
Case Study 6. Islamic Mortgages for Home Finance.
Case Study 7. Sources of Finance for Islamic Banks: An Application of Profit and Loss Sharing.
Case Study 8. Financial Statement Analysis for Islamic Banks.
Case Study 9. Islamic Investment Prohibitions.
Case Study 10. Issues involved in creating an Islamic bank within a western regulatory framework : the case of the Islamic Bank of Britain.
Case Study 11. Leverage and Islamic Banking.
Case Study 12. Impact of Loan Defaults on Islamic and Conventional Banks.
A glossary of Islamic banking and finance terms.
Case Answers.
