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		GLOBAL ISLAMIC FUND DATABASE AND DIRECTORY Eurekahedge directories are designed to meet the needs of investors and industry professionals looking for in-depth data on Islamic funds. Our dedicated team of professionals maintains coverage of the Islamic fund industry round the clock. Subscribers will receive the following: • Access to the respective online database • Hardcopy compendium • Free access to the monthly online newsletter and indices Listing in excess of 335 funds in the online database, Eurekahedge covers 85% of the Islamic fund market. The printed 2006/7 edition, which contains 302 listings, is now available. Islamic Finance News subscribers are entitled to 15% off the retail price of our Islamic database subscription. To find out more, please contact Agnes at agnes@eurekahedge.com (*terms and conditions apply) AUTHOR/EDITORS: Teoh Yee Ling PUBLISHER: Eurekahedge, 2006 ISBN:17934303


		AN INTRODUCTION TO ISLAMIC FINANCE THEORY & PRACTICE In An Introduction to Islamic Finance, finance experts Zamir Iqbal and Abbas Mirakhor give an authoritative overview of the key religious principles and how they impact on Islamic finance. They explain that Islam postulates a unique set of contracts that directly affect the various social, political, economic and financial systems. An Introduction to Islamic Finance explains that Islam has taken a tough stance, maintaining a strict prohibition on interest. Not surprisingly, conventional finance analysts were initially shocked by this idea and predicted that such a financial system had to fail. Instead of interest, Islamic finance determines the return on capital after the event, based on the return generated by the funds. Iqbal and Mirakhor point out some advantages of this system over conventional debt and interest-based finance. An Introduction to Islamic Finance gives a unique insider’s view of how the principles of Islam can produce a viable and stable economic system. In doing so, it highlights and questions inequities in that have become embedded in conventional financial systems. This is challenging and thought-provoking reading for everyone concerned about the future of global economic systems. AUTHOR/EDITORS: Zamir Iqbal & Abbas Mirakhor PUBLISHER: John Wiley & Sons (Asia) ISBN: 13:978-0470-82188-6


		ISLAMIC BANKING AND FINANCE IN SOUTH-EAST ASIA (2nd Edition) To truly understand the current interest in the development of Islamic banking and finance in South-East Asia and how it is different from the conventional banking system, one must first understand the religious relationship originating from the Qur’an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate Shari’ah law and Islamic jurisprudence. With this platform established in the first part of the book, readers are invited to learn about the financial products and services offered, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims. AUTHOR/EDITORS: Angelo M Venardos PUBLISHER: World Scientific Publishing ISBN: 981-256-888-3(pbk) Published October 2006


		Islamic Economics – A Short History The study covers Muslim economic thought from the emergence of Islam, long before economics became a separate discipline with distinctive analytical tools. The economic environment in ancient Arabia from which Islam emerged is examined, and the economic concepts in the Qur’a-n and Sunnah are discussed, as well as the thinking of early Muslim Caliphs and jurists. Detailed consideration is given to Islamic economic thought during the dynasties of the Umayyads and the Abbasids, periods of administrative and economic reform, as well as of much latter developments under the Ottomans, Safawids and Moghuls. Islamic revivalist reform movements are appraised, as these predated the reawakening of interest in Islamic economics in the last century, and subsequent profusion of writing, with the works of the leading contributors reviewed in this volume. AUTHOR/EDITORS: Ahmed El-Ashker and Rodney Wilson PUBLISHER: Brill Academic Publishers


		Corporate Governance: An Islamic Paradigm Corporate governance is basically a monitoring process applied to corporates on how it should be directed, administered and controlled. Currently good corporate governance especially within an Islamic paradigm is considered important as it tends to encourage honesty, integrity, transparency, accountability and responsibility among all members in an organization. At the same time the practice of Islamic corporate governance is becoming more widespread since much of the concepts used are based on Syariah law. Its importance has been further enhanced in view of the astronomical rise in Islamic Banking and Finance. “Corporate Governance: An Islamic Paradigm” covers the various issues and perceptions of Islamic governance as practiced in various parts of the world. The articles compiled and edited in this book were chosen from a collection of quality papers that would provide readers with contrasting views and innovative procedures on Islamic governance. This book also serves as a good comparative source for students and practitioners of Islamic governance. This book will also no doubt be informative for researchers in seeking latest information on Islamic governance. A total of 9 articles discussing relevant and current issues are presented in the book. AUTHOR/EDITORS: VASEEHAR HASSAN, BALA SHANMUGAM, VIGNESEN PERUMAL PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-3455-30-1


		Islamic Banking: An International Perspective This book is a collection of articles outlining Islamic Banking in various parts of the world. Most of these Articles were initially presented at the International Islamic Banking and Finance Conference (2003) in Prato, Italy. Although a good 40 papers were presented at the popular Prato Conference, only a handful which displayed originality was selected. A mixed blend of papers was chosen to provide readers with contrasting views and innovative procedures as practised in different countries. As the development of Islamic banking varies from country to country, this book can serve as a good comparative text for students and practitioners of Islamic banking. It is designed primarily as a reference book. Researchers will no doubt find it very useful especially those chapters that provide current data on Islamic banking, which is so scanty and difficult to obtain. This book also provides a unique opportunity for readers to not only comprehend Islamic banking but also to understand how it started and how it is progressing in different nations. The experience of 12 countries is discussed in the book. AUTHOR/EDITORS: BALA SHANMUGAM, VIGNESEN PERUMAL, ALFIEYA HANUUM RIDZWA PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-2871-68-9


		Issues in Islamic Accounting Conventional Accounting controls the globe’s financial affairs. The West has managed to give a massive inferiority complex to those who are not “modern” in their image. In recent years however, it has been recognised by many prominent accounting authors that Conventional Accounting may suffer from a lack of desirable information, thus leading the way for Islamic accounting concepts to rise to recognition. Issues in Islamic Accounting covers the various issues and perceptions of Islamic Accounting from various parts of the world. The articles compiled and edited in this book were chosen from a mixed blend of quality papers that would provide readers with contrasting views and innovative procedures on Islamic Accounting as practised in different countries. As the development of Islamic Accounting varies from country to country, this book can serve as a good comparative text for students and practitioners of Islamic Accounting. Designed primarily as a source of reference, this book will no doubt be useful for researchers in seeking current information on Islamic Accounting. A total of 12 articles discussing relevant and current issues are presented in the book. AUTHOR / EDITORS: BALA SHANMUGAM, VIGNESEN PERUMAL, ALFIEYA HANUUM RIDZWA PUBLISHER: UNIVERSITI PUTRA MALAYSIA PRESS ISBN: 983-3455-07-7


		Islamic Retail Banking and Finance: Global Challenges and Opportunities by Sohail Jaffer This book is the first to bring together into one volume the view from and the experiences of the individuals and institutions who have broken the ground in promoting, marketing and establishing Islamic retail products. This book describes the changing role and market for Islamic retail finance across the globe, the development and marketing of Islamic home finance, insurance and wealth management products, as well as discrete legal and regulatory issues facing Islamic banks. Includes a complete glossary of Islamic financial terms. Published June 2005

		Islamic Bonds: Your Guide to Structuring, Issuing and Investing in Sukuk by Nathif J Adam and Abdulkader Thomas The full potential of the sukuk range of securities is far from realised. This detailed guide will ensure that you understand the nature of sukuk, and the development of the sovereign and corporate sukuk market. Find out how to structure sukuk transactions, including eligible assets, investment vehicles, undertakings and credit enhancement. Published 2004

		Islamic Asset Management: Forming the Future for Shari’a-Compliant Investment Strategies by Sohail Jaffer with 25 leading practitioners This book discusses the innovative approaches taken by banks, asset managers, Shari’a scholars, service partners and distribution partners to provide Shari’a-compliant investment structures. Whether you are advising retail, high net worth, corporate or sovereign investors on equity investments, sukuk, real estate investments, takaful or alternative investment vehicles, this book provides a comprehensive, global examination of Islamic asset management issues.

		Islamic Finance: Innovation and Growth Edited by Professor Simon Archer and Professor Rifaat Ahmed Abdel Karim and 15 industry practitioners This book examines Islamic finance, its role in the global financial system, the legal and accounting framework and the specific practicalities of structuring successful financing in accordance with Shari’a law. It examines Islamic finance and Shari’a-compliant structures in retail and private banking, trade and commodity finance, project finance, leasing and property finance, corporate finance, and risk management. Published in association with AAOIFI.

		Interest in Islamic Economics – Understanding Riba By Abdulkader Thomas With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba, a definition of which is not given in the Quran, is long overdue. This text presents readers with various interpretations of this Islamic economic concept, generally perceived as interest. Thomas provides a framework for understanding riba by examining: * linguistics * classical judicial analysis * the historical context * modern economics. Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history. Publication date: Nov 2005



		Money in Islamic – A study in Islamic Political Economy by Masudul A. Choudhury This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks has influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally. Publication date: Nov 1997

		Islamic Economics and Finance – A Glossary By Muhammad Akram Khan Islamic economics and finance have increased in importance over the last few decades, with new Islamic financial institutions opening up and a number of important books published on the topic. This glossary, fully updated and revised for the new edition, uses easy to understand language to introduce terms used by Muslim scholars, historians and legal experts. The book covers terms from Arabic, Urdu, Turkish, Malaysian and English sources whilst covering the Islamic side of such terms as taxation, banking, insurance, accounting, and auditing. The book’s unassuming yet comprehensive nature will appeal to economists, bankers and accountants as well as students and researchers with an interest in economics and finance. Publication date: July 2003- 2nd edition

		Medieval Islamic Econonmic Thought – Filling the Gap in European Economics By S.M Ghazanfar This book is a collection of papers on the origins of economic thought discovered in the writings of some prominent Islamic scholars, during the five centuries prior to the Latin Scholastics, who include St. Thomas Aquinas. This period of time was labelled by Joseph Schumpeter as representing the ‘great gap’ in economic history. Unfortunately, this ‘gap’ is well embedded in most relevant literature. However, during this period the Islamic civilisation was one of the most fertile grounds for intellectual developments in various disciplines, including economics, and this book attempts to fill that blind-spot in the history of economic thought. Publication date: May 2003

		The Islamic World-System – A Study in Policy-Market Interaction By Masudul Alam Choudhury This highly original book presents an alternative vision of globalization and explores the epistemology, derived from the Qur’an and the Prophetic guidance Sunnah, that underpins the systemic unity at the heart of the Islamic concept of world-system. Choudhury’s investigation reveals the ethical foundations that influence the development of law, markets and social contract in Islamic societies. He then applies his methodology to issues and problems such as property rights, money, political economy, technology diffusion, microenterprise development and asset evaluation. Publication date: May 2003

		Islamic Insurance – A Modern Approach to Islamic Banking By Aly Khorshid Some Muslims believe insurance is unnecessary, as society should help its victims. Muslims can no longer ignore the fact that they live, trade and communicate with open global systems, and they can no longer ignore the need for banking and insurance. Aly Khorshid demonstrates how initial clerical apprehensions were overcome to create pioneering Muslim-friendly banking systems, and applies the lessons learnt to a workable insurance framework by which Muslims can compete with non-Muslims in business and have cover in daily life. The book uses relevant Quranic and Sunnah extracts, and the arguments of pro- and anti-insurance jurists to arrive at its conclusion that Muslims can enjoy the peace of mind and equity of an Islamic insurance scheme. Publication date: Feb 2004

		Islamic Banking and Finance in South East Asia To truly understand the current interest in the development of Islamic banking and finance in South-East Asia, and how it is different from the conventional banking system, the author believes one must firstly understand the religious relationship originating from the Qur’an, and then trace the historical graphic and political developments of Islam over the recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate the subject of Shari’ah law and Islamic Jurisprudence that confronts the title of this book. With this platform established in the first part of this book, readers will begin to learn of the financial products and services offered, appreciate the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims.

		Critical Issues on Islamic Banking and Financial Markets This book examines the principles and practices of Islamic banking and financial markets, particularly from the Malaysian experience. The main objective of Islamic financial system is the promotion of justice. In this manner, both legal and ethical dimension of product choice and development are equally important. It means that market players and Shariah advisors should not produce Shariah complaint products along the juristic plane alone but also how the products impacted economic justice and efficiency. For this reason, the principle of risk-taking (ghorm) and the principle of work (kasb) are paramount in determining Shariah legitimacy of profits derived from transactions in Islamic financial institutions. Risk (ghorm) and work (kasb) both constitute the essence of trading and commerce (al-bay) the Quran has propagated over usury (riba). Based on these principles of risk and work, the book examine at current Islamic financial product with a critical outlook. It consists of eleven sections with every section containing many short-articles on Islamic financial markets.