The Islamic Finance Industry: Issues and Challenges

Author:   Burak Çıkıryel ,  Tawfik Azrak
Publisher:   Taylor & Francis Ltd
ISBN:  

9781032455013


Pages:   158
Publication Date:   26 May 2023
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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The Islamic Finance Industry: Issues and Challenges


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Overview

"Islamic finance has emerged to meet the financial needs of people who seek a different approach to conventional banking and finance. Due to its late inception, Islamic finance has often been regarded as an ""infant industry"" compared to its traditional counterparts. Even though the Islamic finance industry is still classified as nascent, it has shown rapid growth in the last decade or so. The primary objective of this book is to highlight the main issues and challenges the Islamic finance industry faces and to offer practical solutions. Firstly, the book classifies the main components of Islamic finance such as money and banking, capital markets, fintech, microfinance, insurance as well as morality and governance. Secondly, all of the chapters are combined according to their relationship and link with each other so as to provide readers with a unique and holistic overview of the subject. The chapters are written by well-renowned experts in the field. As well as offering readers theoretical information about each subject under discussion, it also advances practical solutions that can contribute to the development of each field. The book answers questions such as how money is created by banks; what the business model of Islamic banking should look like; whether Islamic microfinance institutions are sustainable; what the likely framework of takaful should be; what the potential role of fintech could be in reshaping the Islamic financial system, and where and whether morality fits in the financial system. The book will attract the attention of students, researchers, practitioners, regulators and policymakers."

Full Product Details

Author:   Burak Çıkıryel ,  Tawfik Azrak
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.489kg
ISBN:  

9781032455013


ISBN 10:   1032455012
Pages:   158
Publication Date:   26 May 2023
Audience:   College/higher education ,  Tertiary & Higher Education
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Burak Çıkıryel, PhD, is a research assistant in the Department of Islamic Economics and Finance, Social Sciences University of Ankara, Turkey. Tawfik Azrak is an Assistant Professor in the Department of Islamic Economics and Finance, Social Science University of Ankara, Turkey.

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