This eBook (length 46 pages) takes the reader on a journey to explain how Islamic banks offer products to their customers - in this case, personal loan products. Reference is made to the underlying Islamic/Shariah contracts, but this is not enough.
After an introduction to the main principles that govern Islamic finance, and the main contracts that are utilised in the sector, the book then moves onto the application of these aspects into a finished market product.
Explanation is given, in detail, how these classic Islamic contracts are tweaked and manipulated in order to deliver financial products that are aligned with the requirements of the Islamic banks.
As with the "Islamic Banking in Practice" series, the emphasis is on market practice, rather than just academic theory.
A Primer on Islamic Banking
Author : Safdar Alam
Formats: E-Book pdf format
Paperback : 52 pages
Language : English
Dimensions: 6 x 9 inches