Islamic Finance And Economic Development: Risk Management, Regulation, And Corporate Governance

Islamic finance differs from conventional finance in that the IIFS adheres to Shari'a rules that promote fairness and prevention of exploitation, sharing of risks and rewards, prohibition of interests, and tangible economic purpose. In Islamic Finance and Economic Development: Risk, Regulation, and Corporate Governance, authors Amr Mohamed El Tiby and Wafik Grais expound the role of Shari'a principles and international regulatory standards in the Islamic finance industry.

As Vice President at Union National Bank based in the U.A.E., El Tiby offers an informed perspective on the differences in corporate finance from within the Islamic industry. As Founder and Chairman of Cairo-based Viveris Mashrek Financial Advisors, Grais brings global financial experience on the topics of corporate governance, Islamic finance, and macroeconomic policy.

• Covers the history and basics of Islamic finance, and provides insight into current conditions and future landscapes
• Explores regulatory framework, including opportunities and challenges for all stakeholders
• Presents an approach to developing a systemic Shari'a governance framework for operations in the Islamic financial industry
• Includes a companion website that offers regulatory, corporate, and fiduciary government frameworks and checklists to help you take action

Engaging and informative, Islamic Finance and Economic Development: Risk, Regulation, and Corporate Governance is your complete guide to risk mitigation and sustainable growth policies.