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Description of The Art of Islamic Banking and Finance

Praise for The Art of Islamic Banking and Finance

"It is not surprising that The Art of Islamic Banking and Finance provides a definitive exposition of Islamic economics theory and its application in developing Shari′aa–compatible products. The writer, Dr. Yahia Abdul–Rahman, is among the pioneering scholars who showed how Islamic economic concepts, long forgotten, can be revived and applied effectively in today′s financial services industry. His American Finance House: Lariba has become one of the main driving forces for Islamic finance in North America, providing a showcase for how such concepts can be successfully applied."
—Dr. Saleh Malaikah, Chairman, RUSD Investment Bank Inc.

"The Art of Islamic Banking and Finance is an insightful and sometimes surprising comparative study of the impact of Judeo–Christian–Islamic religious principles on the evolution of banking and finance in its various forms. One of Dr. Rahman′s key observations is this: it is not so much the fundamental principles that are different between Islamic and conventional finance, but rather their interpretation and application in modern practice. This fine work will appeal not only to those who wish to understand Islamic banking, but to anyone with an interest in our financial institutions and how and why they have evolved to what they are today."
—Guy David, Partner, Gowling Lafleur Henderson LLP

"The Art of Islamic Banking and Finance gives a powerful, practical, and proven answer to the question of the hour: how to make banks responsible to the public they are meant to serve. The book offers not a theory but a report on how Islamic banking has successfully functioned in modern America."
—Richard Bushman, Professor of History Emeritus, Columbia University

"Yahia′s discussion of Islamic banking is frank, engaging, and informed by substantial practical experience. For all those who believe that the finance industry should once again serve the wider interests of humanity, this is a welcome guide on changing things for the better."
—Tarek El Diwany, Senior Partner, Zest Advisory LLP

Title Information

ISBN:

9780470449936

Pages:

432 pages

Format:

Hardback

Product Code:

421788

Publisher:

John Wiley & Sons Ltd

Published:

26/01/2010

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About Yahia Abdul– and Rahman

Dr. Yahia Abdul–Rahman is the CEO and Chairman of the Bank of Whittier, as well as the founder and Chairman of American Finance House: LARIBA, which has offered Islamic finance and banking research and instruments since July 1987. Dr. Yahia has more than forty years of highly diversified experience in the banking and oil and gas industries. His area of expertise lies in international, investment, and Islamic banking, project financing, small– and medium–sized business financing, community banking, bank management, and financial services. Dr. Yahia is the author of many papers on faith–based financing and financial instruments, and he speaks regularly at forums focused on Islamic finance at many universities, including Harvard University and institutions in Egypt, Malaysia, Singapore, Bahrain, Saudi Arabia, Dubai, and Turkey.