Islamic Finance - 9781781001738

Islamic FinancePrinciples and Practice: Second Edition\nAuthor(s): Hans Visser\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781781001738, 978-1781001738\nSynopsis\nThis thoroughly updated and revised second edition analyses the ideas behind Islamic finance, the forms Islamic finance has taken in practice and the tension between the two that may occasionally arise. Along with an expanded section on the history of the ban on interest, this second edition contains a much more extensive discussion of investment and savings accounts, sukuk and [url] Visser aims to answer key topics on Islamic finance, ranging from the principles behind the phenomenon to the interaction of the market place with religious restrictions. How can governments finance their deficits and central banks conduct monetary policy without the interest-rate instrument? What price do the clients of the Islamic financial system pay for the incre.