Download e-book for kindle: Islamic Finance in the Light of Modern Economic Theory by Suren Basov,M. Ishaq Bhatti

By Suren Basov,M. Ishaq Bhatti

This e-book offers researchers and scholars with an realizing of the elemental criminal tenets of the Islamic finance undefined, learning the true financial results of these tenets utilizing the instruments of the trendy financial thought. cut up into 4 elements, the publication starts with an creation to the heritage and a felony framework for Islamic banking, masking regular Islamic monetary items reminiscent of Sukuk and Takaful and studying the constitution of Islamic monetary associations. It then analyzes and discusses the Miller-Modigliani Theorem, that's of direct relevance to Islamic banks that are prohibited to cost curiosity and infrequently need to count of profit-loss sharing agreements. half III of the e-book introduces the reader to trendy mechanism layout conception, paying specific consciousness to optimum contracting lower than hidden motion and hidden details, and ultimate half  of the booklet applies the instruments of monetary conception to appreciate functionality of Islamic monetary associations equivalent to Islamic banks and Takaful operators.

Islamic Finance in gentle of contemporary financial Theory brings jointly all of the helpful technical instruments for reading the industrial results of Islamic frameworks and will be used as a sophisticated textbook for graduate scholars who desire to concentrate on the world, as a reference for researchers and as a device to assist economists increase the layout of Islamic monetary institutions. 

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Islamic Finance in the Light of Modern Economic Theory by Suren Basov,M. Ishaq Bhatti


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