Islamic Capital Markets

<p>This book offers a unique in-depth and up-to-date overview of Islamic banking and finance capital markets and sukuks at the grassroots level. It deals with one of the most potent and increasingly popular financial instruments. It defines and explores the differences between conventional and Sukuk bonds and also examines the integration of Sukuk in various country contexts and both Muslim and non-Muslim economies.</p><p>The book consists of five core topics. First it describes the evolution of the Islamic finance industry and capital markets; second it discusses the basic features and instruments of Islamic banking; and third it illustrates the current state of capital markets and Islamic finance. The book then examines the development of Sukuk in Islamic capital markets and Shariah perspectives and finally briefly discusses the structure of Sukuks and its development in the context of Pakistan.</p><p>In a nutshell this book provides a basic understanding of Islamic financial instruments their implementation in different regions and their points of differentiation from conventional modes of finance; therefore it will be a useful addition to the literature for scholars researchers and students of Islamic banking and finance.</p>