Islamic banking
Author(s)
Bibliographic Information
Islamic banking
Butterworths, 1990
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
The law relating to banking practice in Islamic countries is a subject that is of continuing importance. For example, the Koran prohibits the charging of interest and banks frequently have to resort to complex legal arrangements to conduct their business. The central role Islam plays in the politics and economy of a number of financial centres means that the problems are very far from being academic. It was originally written for the Central Bank of Iran and is now to be made available in English.
Table of Contents
- Part 1 Generalities: basis of the credit system
- regulations and basic criteria. Part 2 Recognitions: Qard-al-hasanah grant
- Modharbah
- civil partnership
- equity partnership
- direct investment
- instalment sales
- hire purchase
- forward deals
- Jo'aalah
- Mozara'ah
- Mosa'qaat
- debt purchase
- guarantees.
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