The Islamic Finance Trading Framework: Legitimizing Profit Making

by Mohsin Ali, Najeeb Zada

Overview

This book discusses the Islamic finance trading framework. It compares and contrasts conventional trading frameworks with Sharia compliant trading frameworks, explores trading under Islamic commercial law, trading practices and financial transactions prohibited under Islamic law, and profit making in Islam. In addition, it addresses related issues in government interventions, market structure, and business ethics and will be of interest to academics, researchers, and students of Islamic finance and banking.

Product Details

ISBN-13:	9783319966120
Publisher:	Springer International Publishing
Publication date:	08/30/2019
Series:	Palgrave CIBFR Studies in Islamic Finance
Edition description:	1st ed. 2019
Pages:	85
Product dimensions:	5.83(w) x 8.27(h) x (d)

About the Author

Mohsin Ali has a diverse background in academia and professional Islamic banking. He currently works as a Senior Lecturer at Taylor’s Business School, Taylor’s University, Malaysia. His research interests include conventional and Islamic economics and finance. He has a PhD in Islamic finance from INCEIF, Malaysia and received his bachelor's and master's in business administration from the International Islamic University, Islamabad.

Najeeb Zada completed his PhD in Islamic finance at INCEIF, Malaysia and is currently serving as a Lecturer in the historical Islamia College University, Peshawar, Pakistan. He has earned three master's degrees in Shariah, English, and Arabic respectively and has also completed a bachelor's degree in law (LLB). He serves as a Shariah board member of multiple institutions globally and undertakes research in the area of Shariah and legal aspects of Islamic finance in general and sukuk in particular.

Table of Contents

Chapter 1: Introduction.- Chapter 2: Trading under Islamic Commercial Law.- Chapter 3: Application of Islamic Financial Contracts.- Chapter 4: Profit Making in Islam – Justification and Importance.- Chapter 5: Conventional and Islamic Trading Frameworks – Differences and Similarities.- Chapter 6: Issues Auxiliary to Islamic Trading Framework.- Chapter 7: Conclusion.