Islamic Banking in Practice -Volume 1

Description

Treasury, Risk Management and Structured Investments

In a sector where publications focus on theory, the Islamic Banking in Practice series concentrates solely on market practice.

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The evolution of principles into practice is explained clearly and concisely. How is a simple sale of metal used to deliver a total return swap? The reader is guided, step-by-step, as to how financial institutions create products, whilst ensuring compliance with Islamic commercial law.

​Written by a globally recognised practitioner and expert, structuring and transactions are presented and explained in detail, covering:

• Structuring
• Risk
• Pricing
• Execution

REVIEW – “From its very outset, this first volume, which tackles money market, FX and other market contracts, gives the view of a pioneer in the industry who was challenged with a blank sheet of paper and asked to create something from the ground up, without any guidance, without a frame of reference and the minimum of support infrastructure. The story that unfolds is very readable.”

Chapters include:

• Money markets
• FX transactions
• Using options, forwards, and swaps
• Structured deposits
• Total return swaps