An Introduction to Islamic Finance: Theory and Practice

376 AN INTRODUCTION TO ISLAMIC FINANCE performance of different asset classes and, ultimately, the performance of the fi nancial ...

Issues and Challenges 377 they create to remedy this behavior and to reduce the cost of market par- ticipation have to be strong ...

378 AN INTRODUCTION TO ISLAMIC FINANCE businesses in which the listing companies are engaged, and that there is suf- fi cient le ...

Issues and Challenges 379 EXPANDING SCOPE OF FINANCIAL INTERMEDIATION A fi nancial intermediary transforms savings into investme ...

380 AN INTRODUCTION TO ISLAMIC FINANCE ways. For example, a bank’s risk experts are likely to provide more effective advice to c ...

Issues and Challenges 381 in the world as compiled by Banker (2010). Ranking of Al-Rajhi Bank, Kuwait Finance House, and Dubai I ...

382 AN INTRODUCTION TO ISLAMIC FINANCE The nature of fi nancial intermediation and the style of fi nancial prod- ucts and servic ...

Issues and Challenges 383 statistical and quantitative models. The analysis is well supported by con- siderable historical data ...

384 AN INTRODUCTION TO ISLAMIC FINANCE conduct thorough monitoring. An institution with adequate resources may develop processes ...

Issues and Challenges 385 them as a basis for national standards, or integrating them into existing accounting and auditing stan ...

386 AN INTRODUCTION TO ISLAMIC FINANCE the system by delivering the best services at the lowest cost to the consumer. However, t ...

Issues and Challenges 387 Islamic fi nance that claims to promote social justice and advocates equal opportunity for less - fort ...

388 AN INTRODUCTION TO ISLAMIC FINANCE clear that this state of affairs, in turn, stems from a general lack of familiar- ity wit ...

Issues and Challenges 389 instruments should be developed through the banking or non - banking sec- tors to promote SME fi nanci ...

390 AN INTRODUCTION TO ISLAMIC FINANCE Public Finance One of the key elements for sustained growth and development in any mod- e ...

Issues and Challenges 391 combination of policies to enhance stabilization and adjustment. Little attention was given to the pot ...

392 AN INTRODUCTION TO ISLAMIC FINANCE See Ali (2004) and Chapra (2006). Chapra (2006) puts forward the idea of creating a comm ...

393 SELECTED BIBLIOGRAPHY Abu-Lughod, J. 1989. Before European Hegemony. The World System AD 1250– 1350. New York: Oxford Univer ...

394 AN INTRODUCTION TO ISLAMIC FINANCE Beck, Thorsten, Asli Demirgüç - Kunt, and Ouarda Merrouche. 2010. “Islamic vs. Convention ...

Selected Bibliography 395 Goitein, S. D. 1964. “Commercial and Family Partnerships in the Countries of Medieval Islam,” Islamic ...