{"product_id":"islamic-finance-and-the-new-financial-system-an-ethical-approach-to-preventing-future-financial-crises-paperback-softback-9781118990636","title":"Islamic Finance and the New Financial System; An Ethical Approach to Preventing Future Financial Crises (Paperback \/ softback) 9781118990636","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eIslamic Finance and the New Financial System\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eAn Ethical Approach to Preventing Future Financial Crises\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eTariq Alrifai (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118990636, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 5 June 2015\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e280 pages\u003cbr\u003e23.6 x 16 x 1.8 cm, 0.481 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"... this volume is a welcome and well-timed addition to the literature on Islamic and financial market.\" (\u003cem\u003eMuslim World Book Review,\u003c\/em\u003e November 2016)\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eCan Islamic finance save the global system?\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eIslamic Finance and the New Financial System\u003c\/i\u003e describes how the adoption of Islamic finance principles in future regulatory decisions could help prevent future shocks in the global financial system. Using illustrations and examples to highlight key points in recent history, this book discusses the causes of financial crises, why they are becoming more frequent and increasingly severe, and how the new financial system will incorporate elements of Islamic finance – whether deliberately or not. With an introspective look at the system and an examination of the misconceptions and deficiencies in theory vs. practice, readers will learn why Islamic finance has not been as influential as it should be on the larger global system. Solutions to these crises are thoroughly detailed, and the author puts forth a compelling argument about what can be expected in the future.\u003c\/p\u003e \u003cp\u003eDespite international intervention and global policy changes, the financial system remains in a fragile state. There is an argument to be made about integrating Islamic finance into the new system to facilitate stronger resilience, and this book explains the nuts and bolts of the idea while providing the reader with a general understanding of Islamic finance.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand the key principles of Islamic finance\u003c\/li\u003e \u003cli\u003eExamine the history of the current financial system\u003c\/li\u003e \u003cli\u003eDiscover how Islamic finance can help build a new debt-free economy\u003c\/li\u003e \u003cli\u003eLearn how Islamic finance theory doesn't always dictate practice\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlthough Islamic finance is a growing market, it is still a foreign concept to many. Those within the Islamic finance circles wonder why the system has yet to gain broader appeal despite its ability to create a strong and well-balanced economy. \u003ci\u003eIslamic Finance and the New Financial System\u003c\/i\u003e provides clever analysis and historical background to put the issues into perspective.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eAbout the Author ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Financial Crises and the Current Financial System\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 A Brief History of Financial Systems and the Birth of Money 7\u003c\/p\u003e \u003cp\u003eChapter 2 Past Financial Crises and Their Causes 23\u003c\/p\u003e \u003cp\u003eChapter 3 The Global Financial Crisis of 2008 51\u003c\/p\u003e \u003cp\u003eChapter 4 Solutions Create More Problems 73\u003c\/p\u003e \u003cp\u003eChapter 5 The Next Financial Crisis and the New Financial System 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two The Islamic Financial System\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 6 Overview and History of Islamic Finance 97\u003c\/p\u003e \u003cp\u003eChapter 7 The Key Principles of Islamic Finance 117\u003c\/p\u003e \u003cp\u003eChapter 8 Islamic Financial Instruments as Alternatives 139\u003c\/p\u003e \u003cp\u003eChapter 9 Criticisms, Shortcomings, and Misconceptions of Islamic Finance 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three The New Financial System\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 10 Preventing Future Crises—Real-World Solutions from Islamic Finance 181\u003c\/p\u003e \u003cp\u003eChapter 11 Evaluating Alternative Solutions 197\u003c\/p\u003e \u003cp\u003eConclusion 207\u003c\/p\u003e \u003cp\u003eNotes 209\u003c\/p\u003e \u003cp\u003eIndex 223\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52421389320472,"sku":"9781118990636","price":37.19,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118990636_284661.jpg?v=1784594378","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/islamic-finance-and-the-new-financial-system-an-ethical-approach-to-preventing-future-financial-crises-paperback-softback-9781118990636","provider":"Freshly Printed Books","version":"1.0","type":"link"}