Islamic Banks and Financial Institutions A Study of their Objectives
This book is a study of the objectives of Islamic Finance in the modern banking space and offers insight into the effects of changes and developments occurring in Islamic banking products and services.
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Palgrave Macmillan Studies in Banking and Financial Institutions Series Editor: Professor Philip Molyneux The Palgrave Macmillan Studies in Banking and Financial Institutions are international in orientation and include studies of banking within particular countries or regions, and studies of particular themes such as Corporate Banking, Risk Management, Mergers and Acquisition. The books’ focus is on research and practice, and they include up-to-date and innovative studies on contemporary topics in banking that will have global impact and influence. Titles include: Jakub Górka (editor) TRANSFORMING PAYMENT SYSTEMS IN EUROPE Małgorzata Iwanicz-Drozdowska, Jakub Kerlin, ˙ Elzbieta Malinowska-Misiag, Paweł Smaga and Bartosz Witkowski TRANSFORMING PAYMENT SYSTEMS IN EUROPE Giuseppe Boccuzzi THE EUROPEAN BANKING UNION Supervision and Resolution Vincenzo Formisano NON-KNOWLEDGE RISK AND BANK-COMPANY MANAGEMENT The Role of Intangibles in Rating Models Bernardino Quattrociocchi INTERNAL RATING SYSTEMS AND THE BANK-FIRM RELATIONSHIP Valuing Company Networks Miao Han CENTRAL BANK REGULATION AND THE FINANCIAL CRISIS A Comparative Analysis Pierluigi Ciocca STABILISING CAPITALISM A Greater Role for Central Banks Anabela Sérgio (editor) BANKING IN PORTUGAL Michele Modina CREDIT RATING AND BANK-FIRM RELATIONSHIPS New Models to Better Evaluate SMEs Jes Villa ETHICS IN BANKING The Role of Moral Values and Judgements in Finance
Dimitrios D. Thomakos, Platon Monokroussos & Konstantinos I. Nikolopoulos (editors) A FINANCIAL CRISIS MANUAL Reflections and the Road Ahead Elena Beccalli and Federica Poli (editors) BANK RISK, GOVERNANCE AND REGULATION LENDING, INVESTMENTS AND THE FINANCIAL CRISIS Domenico Siclari (editor) ITALIAN BANKING AND FINANCIAL LAW Supervisory Authorities and Supervision Intermediaries and Markets Crisis Management Procedures, Sanctions, Alternative Dispute Resolution Systems and Tax Rules Valerio Lemma THE SHADOW BANKING SYSTEM Creating Transparency in the Financial Markets Imad A. Moosa GOOD REGULATION, BAD REGULATION Fayaz Ahmad Lone ISLAMIC BANKS AND FINANCIAL INSTITUTIONS A Study of Their Objectives and Achievements
Palgrave Macmillan Studies in Banking and Financial Institutions Series Standing Order ISBN: 978–1–403–94872–4 (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England
Islamic Banks and Financial Institutions A Study of Their Objectives and Achievements Fayaz Ahmad Lone Assistant Professor, Prince Sattam Bin Abdulaziz University, Saudi Arabia
© Fayaz Ahmad Lone 2016 Foreword © Abdul Azim Islah 2016 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No portion of this publication may be
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