Islamic Finance is a compilation of selected writings of Dr. Venkataraman Sundararajan (1945–2010), an international policy maker who played a significant role in the development of the regulatory and supervisory frameworks and policy for Islamic finance.
Spanning more than a decade of his thoughts on Islamic finance, this book provides both basic and advanced knowledge on the field. The papers in this collection define Islamic finance, outline its many complexities, and provide practical recommendations that can help it in becoming an important global financial intermediary.
The chapters demonstrate not only Dr. Sundararajan's long-standing commitment to helping develop Islamic banking, but also how Islamic finance itself has evolved rapidly between 1998 and 2010. The chapters in this book are a blend that would benefit lay readers as well as experts and policy makers at regional and international levels.
|Current Developments and Key Issues in Islamic Finance|
|Monetary Operations and Government Debt Management under Islamic Banking|
|Islamic Financial Institutions and Products in the Global Financial System: Key Issues in Risk Management and Challenges Ahead|
|Risk Measurement and Disclosure in Islamic Finance and the Implications of Profit Sharing Investment Accounts|
|A Note on Strengthening Liquidity Management of Institutions Offering Islamic Financial Services: The Development of Islamic Money Markets|
|Issues in Managing Profit Equalization Reserves and Investment Risk Reserves in Islamic Banks|
|Towards Developing a Template to Assess Islamic Financial Services Industry (IFSI) in the World Bank-IMF Financial Sector Assessment Program (FSAP)|
|Supervisory, Regulatory, and Capital Adequacy Implications of Profit-Sharing Investment Accounts in Islamic Finance|
|Investment Accounts in Islamic Finance|