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Financial Engineering in Islamic Finance |
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Published by Abdul Ghani
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Thursday, 04 October 2012 10:49 |
Zamir Iqbal
EXECUTIVE SUMMARY
The objective of this article is to examine the scope of financial innovation and engineering within an Islamic financial system.
The article concludes that, contrary to common belief, Islamic finance provides the basic building blocks that can be used to construct more complex instruments that will enhance liquidity and offer risk management tools. With the introduction of asset securitization and swap transactions conforming to Islamic principles, the issues of secondary markets and risk management can be addressed. The first section discusses the significance of innovation in Islamic financial markets. The second section discusses the process of introducing new products in the market and their scope. The third section illustrates an Islamic form of asset securitization as an example of financial engineering. The fourth section evaluates the structure of a commodity swap transaction to determine its validity. And finally, the fifih section concludes the discussion.
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2ND INTERNATIONAL CONFERENCE ON ISLAMIC ECONOMICS AND ECONOMIES OF THE OIC COUNTRIES (ICIE2) |
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Published by Abdul Ghani
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Wednesday, 12 September 2012 10:54 |
Call For papers
2ND INTERNATIONAL CONFERENCE ON ISLAMIC ECONOMICS AND ECONOMIES OF THE OIC COUNTRIES (ICIE2)
Theme: Islamic Economic Solutions for OIC Countries: Theory and Policy
Papers presented in this conference should serve not only to evaluate past performances in the area of Islamic Economics, but to also chart out possible directions to follow in the future, at both the theoretical and policy levels. The organizers hope that the conference will provide an effective platform for academicians, practitioners, professionals, policy makers and implementer, students and other interested parties to critically examine and discuss related issues. The theme for the 2013 conference is “Islamic Economic Solutions for OIC Countries: Theory and Policy”. As such, the conference’s focus will be on, but not necessarily limited to, the following three major areas:
Islamic Economics
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Islam In Your Language (new edition) |
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Published by Administrator
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Tuesday, 04 September 2012 15:38 |
Islam In Your Language
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for email
for printing |
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Published by Administrator
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Tuesday, 04 September 2012 13:38 |
The Qur'an ( new edition)
THE FINAL REVELATION FROM GOD & The Only Existing Authentic Revealed Book
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Front page for email
Back page for email |
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Published by Administrator
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Tuesday, 04 September 2012 11:23 |
Muhammad (Peace be upon him)
THE FINAL PROPHET OF GOD
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for email
for printing
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Page 2 of 22 |