Islamic Capital Markets: Theory and Practice (Wiley Finance)
| Author | : | |
| Rating | : | 4.50 (658 Votes) |
| Asin | : | B00AJ3J284 |
| Format Type | : | |
| Number of Pages | : | 250 Pages |
| Publish Date | : | 2015-11-14 |
| Language | : | English |
DESCRIPTION:
Islamic Capital Markets satisfies that need.Written by economist Dr. Because they are entirely equity-based, rather than credit-based, the Islamic capital markets are immune to the speculative bubbles and runaway volatility typical of the Wall Street casinos, making them increasingly attractive to institutional investors, asset managers, and hedge funds in search of more stable alternatives to conventional financial products.With interest in Islamic finance swiftly spreading beyond the Muslim world, the need among finance and investment professionals for timely and authoritative information on the Islamic capital markets has never been greater. Noureddine Krichene, an internationally recognized expert in Islamic finance, this book provides
Jibran wasiq said Has everything except Islamic capital markets. Thought it would help in understanding the functional aspects of Islamic financial products but it is simply the replication of Cfa related material and hardly anything to do with Islamic finance. It also tells how to hedge sukkuk investments with conventional derivatives.It also says conventional equity ind
A comprehensive look at the essentials of Islamic capital marketsBringing together theoretical and practical aspects of capital markets, Islamic Capital Markets offers readers a comprehensive insight into the institutions, instruments, and regulatory framework that comprise Islamic capital markets. Analyzing stock markets, stock valuation, price-earnings ratio, market efficiency hypothesis, and equity premiums, the book addresses uncertainty in capital markets, portfolio diversification theory, risk-return trade-off, pricing of assets, cost of capital, derivatives and their role in hedging and speculation, the principle of arbitrage and replication, Islamic structured products, the financing of large projects, and more.Emphasizes both theoretical and practical aspects of capital markets, covering analytical concepts such as the theory of arbitrage, pricing of assets, capital market pricing model, Arrow-Debreu state prices, risk-neutral pricing, derivatives markets, hedging and risk management, and structured productsProvides students and practitioners of finance with must-have information about the analytical tools employed in Islamic capital marketsExamines all the most recent developments in major Islamic capital markets, including MalaysiaDiscussing the advantages of Islamic capital markets and the prospects for their development, Islamic Capital Markets gives readers a fundamental grounding in th
DR. NOUREDDINE KRICHENE, PHD, earned a doctorate in economics from the University of California, Los Angeles. His areas of expertise are the international payments system, macroeconomic policies, finance, and energy and water economics.. He has taught Islamic finance at the Global University, INCEIF, in Malaysia, and was an economist with the International Monetary Fund Economist Program from 1986 to 2009. From 2005 to 2007, he was advisor at the Islamic Devel