Islamic Wealth Management Theory and Practice
Produktdetaljer
Biographical note
Edited by Mohamed Ariff, Chair of Economics and Finance, Sunway University and Shamsher Mohamad, Professor of Finance, International Centre for Education in Islamic Finance, Malaysia<i>'It is a timely book on a much neglected area of the Islamic finance discipline. It contains 21 chapters ranging from wealth management, to governance, to Islamic social finance, strewn together under 5 sub-themes. The book chapters combine both concepts and operational aspects of Islamic wealth management. The authors have done an excellent job in exploring each idea and concept thoroughly, and I highly recommend this book for academicians, scholars, practitioners and policymakers.'</i><br /> --M. Kabir Hassan, University of New Orleans, US<p><i>'This book is a welcome contribution to Islamic finance literature. As the global Islamic market continues to grow, strengthening capacity-building has become crucial to consolidate a comprehensive ecosystem for shari`ah-compliant operations. The volume successfully addresses this need by shedding light on the rationales and tools of Islamic wealth management, where not only are the creation, enhancement, protection and distribution of wealth functional to market efficiency, but primarily conceived in the light of ultimate objectives of fairness, equality and economic justice.'</i><br /> --Valentino Cattelan, IE Business School, Madrid, Spain</p>
The book begins by defining wealth from both a secular perspective, and an Islamic perspective, before describing how wealth needs to be earned in lawful ways, preserved and used to benefit the needs of community, with a small part of the wealth given away to charity, and the remainder managed in accordance with laws and common practices, as established by a majority consensus of scholars of the religion in historical times. Each section of the book has relevant chapters that discuss the theory, as well as the application and the challenges in Islamic wealth management in real and financial markets.
This book will appeal to students and researchers of Islamic wealth management, certainly Islamic economics and finance in general; policy makers; and a range of industry practitioners, such as investment managers, financial planners, accountants and lawyers.
Contributors include: S.O. Alhabshi, M. Ariff, G.Ç. Dolgun, M.H. Dolgun, M. El Khatib, J. Farrar, F. Habib, A. Lahsasna, Z. Mahomed, A. Mirakhor, S. Mohamad, M.I.A. Mohsin, E.S. Rasid, S.H.A. Razak, S.A. Rosly, Z.M. Sori, J.A. Thahir, A. Zuleika