Applied Islamic Law of Trade and Finance A Selection of Contemporary Practical Issues

• Main Author: Mohd Ma'sum Billah 1968- (Author)
• Format: Book
• Language: English
• Published: Selangor, Malaysia Sweet & Maxwell Asia 2007
• Edition: THIRD EDITION
• Subjects: Commercial law (Islamic law)
• Online Access: Click Here to View Status and Holdings.

 Trade and finance arranged according to Islamic principles have gained increasing importance. Commercial transactions conducted under Shari'ah principles form a significant portion of international commercial activities today. The Shari'ah trade and finance system has now developed into an important system operating parallel to the conventional system. Despite this development, quality reference materials on Islamic law of trade and finance are not in abundance. The target audience around the world should therefore warmly welcome this new edition of Dr Ma'sum Billah's Applied Islamic Law of Trade and Finance. It provides a clear and practical exposition of some contemporary practical issues in Islamic law of trade and finance. Comparison with civil law highlights the differences between the systems and greatly assists in the understanding of both systems. Regular quotation of Qur'anic verses and prophetic traditions, with English translation, sets out the religious foundation underlying the applicable Islamic law of trade and finance in practical reality. Written by a globally recognised expert in this area of finance and Shari'ah law, Applied Islamic Law of Trade and Finance covers topics such as commercial contracts, sale of goods, partnership. stock market, Islamic currency, Takaful and the institution of zakat. Islamic finance practitioners, banking lawyers, business owners and their financial and legal advisers will gain valuable information on the Islamic law of trade and finance with practical solutions through the use of this book.