Read A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series)

A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series)

Imran Lum

4.9/5 (24797 ratings)

Description:This book provides valuable insights into the practical challenges faced by the nascent Islamic finance industry and compares the Australian experience to developments in the UK. It contributes to a greater understanding of how Muslims living as a minority in Australia and the UK negotiate Islamic doctrine in secular societies by focusing on one aspect of this negotiation, namely the prohibition of ribā. There is little debate in the Islamic tradition on the prohibition of ribā. The differences, however, lie in the interpretation of ribā and the question of how Muslims live in a society that is heavily reliant on interest and conventional banking, yet at the same time adhere to Islamic guidelines. Through the words of religious leaders, Muslim professionals and university students, Imran Lum provides real accounts of how Muslims in Australia and the UK practically deal with conventional banking and finance products such as home loans, savings accounts and credit cards. He also explores Muslim attitudes towards Islamic finance and queries whether religion is the sole determining factor when it comes to its uptake.Drawing on his own unique experience as a practitioner responsible for growing an Islamic business in a conventional bank, Lum provides a first-hand account of the complexities associated with structuring Islamic finance products that are compliant but also competitive in a non-Muslim jurisdiction. Using Sukuk bonds as a case study, he highlights the tangible and non-tangible barriers to product development, such as tax and regulatory requirements and the rise of Islamophobia. Combining academic and industry experience, Lum unpacks the relationship of Islamic finance with Muslim identity construction in the West and how certain modalities of religiosity can lead to an uptake of Islamic finance, while others can lead to its rejection.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series). To get started finding A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 1000450066

Description: This book provides valuable insights into the practical challenges faced by the nascent Islamic finance industry and compares the Australian experience to developments in the UK. It contributes to a greater understanding of how Muslims living as a minority in Australia and the UK negotiate Islamic doctrine in secular societies by focusing on one aspect of this negotiation, namely the prohibition of ribā. There is little debate in the Islamic tradition on the prohibition of ribā. The differences, however, lie in the interpretation of ribā and the question of how Muslims live in a society that is heavily reliant on interest and conventional banking, yet at the same time adhere to Islamic guidelines. Through the words of religious leaders, Muslim professionals and university students, Imran Lum provides real accounts of how Muslims in Australia and the UK practically deal with conventional banking and finance products such as home loans, savings accounts and credit cards. He also explores Muslim attitudes towards Islamic finance and queries whether religion is the sole determining factor when it comes to its uptake.Drawing on his own unique experience as a practitioner responsible for growing an Islamic business in a conventional bank, Lum provides a first-hand account of the complexities associated with structuring Islamic finance products that are compliant but also competitive in a non-Muslim jurisdiction. Using Sukuk bonds as a case study, he highlights the tangible and non-tangible barriers to product development, such as tax and regulatory requirements and the rise of Islamophobia. Combining academic and industry experience, Lum unpacks the relationship of Islamic finance with Muslim identity construction in the West and how certain modalities of religiosity can lead to an uptake of Islamic finance, while others can lead to its rejection.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series). To get started finding A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series)

A Comparative Study of Islamic Finance in Australia and the UK (Islamic Business and Finance Series)

More Books

Histoires sur la vie du Prophète Mohamed: Les enseignements lumineux de la vie du Prophète Mohamed (French Edition)

Histoires sur la vie du Prophète Mohamed: Les enseignements lumineux de la vie du Prophète Mohamed (French Edition)

Arin and the Secret Village of Luminara

Arin and the Secret Village of Luminara