Islamic Finance Revised Edition For Meezan Bank Guide To Islamic Banking

"Islamic Finance: Revised Edition for Meezan Bank – Guide to Islamic Banking" by Dr. Muhammad Imran Ashraf Usmani provides a detailed exploration of Islamic finance principles, practices, and regulations, tailored specifically for Meezan Bank. This revised edition offers an updated perspective on Islamic banking, reflecting recent developments and changes in the industry. Dr. Usmani covers the theoretical foundations of Islamic finance, including Shariah-compliant financial instruments, risk management, and the operational aspects of Islamic banking. The book serves as a comprehensive guide for both practitioners and students, offering practical insights and case studies relevant to the contemporary Islamic banking sector.

Keypoints:

1. Foundations of Islamic Finance: Discusses the principles of Islamic finance, including the prohibition of interest (riba), risk sharing, and ethical investment.
2. Shariah Compliance: Explores the requirements for Shariah compliance in financial transactions, including the role of Shariah boards and certification processes.
3. Islamic Financial Instruments: Examines various Shariah-compliant financial instruments such as Murabaha, Ijara, Mudarabah, and Musharakah, including their structures and applications.
4. Islamic Banking Operations: Provides insights into the operational aspects of Islamic banking, including product development, customer service, and compliance management.
5. Risk Management: Analyzes the risk management strategies employed in Islamic finance, including liquidity management and credit risk assessment.
6. Regulatory Framework: Details the regulatory framework governing Islamic finance, including international standards and local regulations specific to Islamic banking.
7. Case Studies: Includes practical case studies and examples from Meezan Bank to illustrate the application of Islamic finance principles in real-world scenarios.
8. Recent Developments: Covers recent advancements and innovations in the field of Islamic finance, reflecting changes in market trends and regulatory updates.
9. Ethical and Social Responsibility: Discusses the ethical and social responsibility aspects of Islamic finance, including its role in promoting economic justice and community welfare.
10. Future Prospects: Examines the future prospects of Islamic finance, including potential growth areas and emerging trends in the global financial market.

Conclusion:

"Islamic Finance: Revised Edition for Meezan Bank – Guide to Islamic Banking" by Dr. Muhammad Imran Ashraf Usmani offers an authoritative and up-to-date resource on Islamic finance. With its comprehensive coverage of principles, practices, and recent developments, the book provides valuable insights for practitioners, students, and anyone interested in the field of Islamic banking. This guide not only serves as an essential reference for understanding Shariah-compliant finance but also highlights the practical application of these principles in the contemporary banking sector.

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Writer                 ✤           Dr. Muhammad Imran Ashraf Usmani
Publishers           ✤           Maktaba Ma'ariful Quran