Islamic finance in the light of modern economic theory. ([2016])

• Record Type: Book
• Further Information: Note: Suren Basov, M. Ishaq Bhatti.
• Authors: Basov, Suren; Bhatti, M. Ishaq
• Contents: Part I. Islamic finance: rationale, history, instruments and the legal framework -- 1. Introduction -- 2. Islamic financial instruments -- 3. Historical roots and evolution of Islamic financial thought -- Part II. Law of unexpected consequences -- 4. The incidence of taxation -- 5. Basics of Corporate Finance: Miller-Modigliani (MM) Theorem -- Part III. Game theory and mechanism design -- 6. Game theory -- 7. Revelation Principle -- 8. Monopolistic Screening -- 9. The multi-dimensional screening model -- Part IV. Mechanism design applications to Islamic finance -- 10. Business loans, trust and contract restriction faced by Islamic banks -- 11. Loans provision and adverse selection within orthodox religious communities -- 12. Shariah compliance and risk-inventive trade-offs -- 13. Shariah compliance, positive assortative matching and performance of Islamic financial institutions -- 14. Optimal Incentives for Takaful operators. 15. When short-selling prohibition can be optimal? -- Part V. Conclusions.
• Publisher Details: London : Palgrave Macmillan
• Publication Date: 2016
• Copyright Date: 2016
• Extent: 1 online resource
• Subjects: 332.0917/67; Economics; Finance -- Islamic countries; Financial institutions -- Islamic countries; Finance -- Religious aspects; Islam -- Economic aspects; International economic relations; BUSINESS & ECONOMICS -- Finance; International economic relations; Economics; Finance; Finance -- Religious aspects; Financial institutions; Islam -- Economic aspects; Business & Economics -- International -- Economics; Business & Economics -- Economics -- General; Business & Economics -- Economics -- Theory; International economics; Economics; Economic theory & philosophy; Management science; Economic theory; International economics; Culture - Economic aspects; Schools of economics; Islamic countries; Electronic books
• Languages: English
• ISBNs: 9781137286628; 1137286628
• Related ISBNs: 9781349670840; 9781137286611; 1349670847; 113728661X
• Notes: Note: Includes bibliographical references and index.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.