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Impacts of the global financial crisis on Islamic banking

Impacts of the global financial crisis on Islamic banking

Salad Araye Addawe

66,44 €
IVA incluido
Disponible
Editorial:
KS OmniScriptum Publishing
Año de edición:
2012
Materia
Banca
ISBN:
9783659165504
66,44 €
IVA incluido
Disponible

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Global financial system runs into trouble in 2007. While many western banks defaulted during that period, no major Islamic bank defaulted. For this purpose, this book tries to understand what methods used by the Islamic banks to spare from the crisis. Because Islamic banks do not charge interest as their conventional counterparts and instead use profit and loss sharing methods, this book gives some important information on how Islamic bank work in practice. The book introduces also financing modes used by the Islamic banks

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