This book presents empirical research that addresses the latest issues and innovative products in Islamic banking and finance around the world. Chapters from expert contributors cover a wide range of topics, including the various issues in stock markets, an overview of takaful, a roadmap for introducing Islamic finance to uncharted territories and an in-depth analysis of the current challenges.
Case studies and statistics provide up to date information that can be used for future research. This book will be of interest to academics and researchers who wish to learn more about the challenges of Islamic finance and economics.
Syed Aun R. Rizvi, PhD, is currently an Assistant Professor at Lahore University Management Sciences (LUMS), Pakistan. He is also a Research Affilate Centre for Islamic Business and Finance Research at University of Nottingham Malaysian campus. He was previously a Buy Side Equity Trader before moving to academia.
Irum Saba is an Assistant Professor at the Centre for Excellence in Islamic Finance (CEIF)-IBA, Pakistan. Ms. Saba has more than 12 years of progressive regulatory, research, training and teaching experience with organizations of international repute. She is the Shariah Board member of Addengreens, UAE. She is also the Honorary Secretary of the Chartered Institute of Islamic Finance Professionals (CIIF), Malaysia.
Chapter 1: Islamic Finance - Local and Global Status.- Chapter 2: Sukuk for the financing of Non-Revenue Water Management: Malaysia as a Case Study.- Chapter 3: Role of Takaful in Raising Higher Education Enrolment in Pakistan.- Chapter 4: ?ukuk Default and Issues in Their Resolution: The Case of Villamar ?ukuk.- Chapter 5: Towards a Robust Shariah Screening Criterion for Stocks.- Chapter 6: Introducing Islamic Finance in Unchartered Economies: The case of Canada.- Chapter 7: Islamic Finance, in a the age of Black Swans and Complexities, for a Multipolar World.