Law and practice of Islamic banking and finance

• Main Authors: Nik Norzrul Thani (Author), Mohamed Ridza Mohamed Abdullah (Author)
• Other Authors: Megat Hizaini Hassan
• Format: Unknown
• Published: Petaling Jaya Sweet & Maxwell Asia 2010; ©2010
• Edition: Second Edition
• Subjects: Banks and banking > Islam > Religious aspects > Malaysia; Banking law (Islamic law) > Malaysia; Finance (Islamic law) > Islam > Religious aspects > Malaysia
• Online Access: Click Here to View Status and Holdings.

 This is the new edition of a highly popular book on the law and practice of Islamic banking and finance. While considering the Islamic financial system and Islamic capital market and regulatory framework in Malaysia, the book goes on to provide a detailed analysis of Islamic financial products, Islamic trade finance and the practical applications of Islamic banking and finance. The legal framework of Takaful and the legal aspects of Islamic electronic banking are given due coverage. A chapter is also devoted to the functioning of Labuan as an Islamic international offshore financial centre. Malaysia is one of the key Islamic financial centres in the world and is one of a few countries to have implemented a legislative scheme covering Islamic banking and finance. The discussion of the Malaysian system in this book will thus provide useful guidance for the development of Islamic banking and finance globally. The authors are experienced lawyers conversant with Syariah and common law and have advised clients locally and internationally on various aspects of Islamic banking and finance.