Islamic Banking & Finance in South-east Asia: Its Development & FutureTo truly understand the current interest in the development of Islamic banking and finance in South-East Asia, and how it is different from the conventional banking system, the author believes one must firstly understand the religious relationship originating from the Qur'an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate the subject matter of Shari'ah Law and Islamic Jurisprudence that confronts the title of this book. With this platform established in the first part of the book, readers will begin to learn of the financial products and services offered, appreciate the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims. |
Contents
Introduction | 1 |
Chapter 1 Islamic History | 10 |
Chapter 2 Shariah Law and Islamic Jurisprudence | 27 |
Chapter 3 Islamic Commercial Law | 42 |
Chapter 4 Islamic Financial Products | 62 |
Chapter 5 Issues and Challenges of Islamic Banking Today | 92 |
Chapter 6 Islam in Southeast Asia | 122 |
Islam and State Law in Southeast Asia | 138 |
Chapter 9 Islamic Banking in Indonesia | 172 |
A Niche in the Islamic Money Market | 186 |
Chapter 11 Islamic Banking in Brunei | 193 |
Chapter 12 Banking in Singapore | 204 |
Chapter 13 Conclusion | 218 |
Glossary | 231 |
Bibliography | 237 |
| 245 | |
Other editions - View all
Islamic Banking & Finance in South-East Asia: Its Development & Future Angelo M. Venardos Limited preview - 2006 |
Common terms and phrases
AAOIFI according accounting activities Arab assets BAFIA Bahrain Bank Indonesia Bank Islam Bank Negara banking and finance banking system British Brunei capital cent central bank century colonial commercial companies contract conventional banking debt debt-financing depositors deposits Dubai economic English common law equity established exchange fatwah financial centre financial instruments Financial Services financial system fiqh framework funds gharar global ijma ijtihad Institute of Research interest International Institute International Islamic Financial investment investors Islamic banking Islamic economic Islamic financial Islamic Financial Forum Islamic financial institutions Islamic jurisprudence Islamic law issue Labuan lease legal system loan Malay ment mudarabah Muhammad murabaha musharakah Muslim non-Muslim offshore Offshore Financial Centre parties partnership political principles profits prohibition Prophet Quran religion religious risk rules salam Saudi Arabia scholars sector share Shari’ah law Singapore Singapore’s South-east Asia Sultan Sunnah takaful tion trade transactions whilst zakat