Full Description
Demand for finance compliant with Sharia and an increasing alignment between the Islamic finance and the ethical finance movement has led to unprecedented and accelerating growth in Islamic finance. This is evidenced not only by the size of the Islamic finance market, but also by the growing range of Islamic finance providers in addition to Islamic banks and the increasing range of sophisticated products and services. The markets for Shariah-compliant funds and takaful (Islamic insurance) are sectors in their own right. Tech has played its part in that growth and with the exponential growth in AI has come increasing awareness of ethics.
Today, Islamic finance attracts sovereigns, financial institutions, multinationals, corporates and customers across the retail spectrum who are looking to tap Islamic liquidity from sukuk (Islamic bonds), corporate, retail, acquisition, funds, development and project financings.
This third edition features fully updated, insightful chapters by leading practitioners in Islamic financing and analyses market trends, key developments and structures for sukuk, syndications, funds, takaful, project financing and Islamic liquidity management. New to the third edition are chapters on fintechs, AI ethics and derivatives.
This unique title is essential reading whether you are already engaged in Islamic financing transactions or interested in understanding the Islamic finance market and the structures underpinning the world's fastest-growing finance sector.
Contents
Preface
Rahail Ali
Hogan Lovells
Part 1: Islamic finance overview
Islamic finance: introduction to the market and key principles
Rahail Ali
Hogan Lovells
Legal issues and standards in Islamic finance
Rahail Ali
Hogan Lovells
AI ethics
Muhammad Ali Hashmi
Soft Praxis
Part 2: Equity and funds
Overview of Islamic asset management
Imtiaz Shah
Hogan Lovells
Sharia screening and Islamic equity indexes
Kamal MA Mian
Fast Cables Limited
Part 3: Finance
Islamic finance facility markets
Rahail Ali
Hogan Lovells
Islamic project finance
Shibeer Ahmed
Luke Robinson
Greenberg Traurig
Islamic fintechs
Mustafa Kamal
ZH Partners
Abdullah Qureshi
Hourani & Partners
Islamic derivatives
Dan Smith
A&O Shearman
Part 4: Capital markets
Islamic finance and documentation
Rahail Ali
Hogan Lovells
The global sukuk market and legal structuring considerations
Rahail Ali
Hogan Lovells
Part 5: Insurance
Takaful and conventional insurance: a comparative overview
Michael Kortbawi
Rima Mrad
Bin Shabib & Associates (BSA) LLP
Islamic insurance products: a case study
Omar Clark Fisher
ConsciousWealth.me
Part 6: Regulation
Malaysia and GCC regulation: comparisons and contrasts
Mustafa Kamal
ZH Partners
