Islamic capital markets : a comparative approach

Content: Islamic Capital Markets: A Comparative Approach
 Copyright
 Contents
 Preface
 Overview of Contents
 Additional Materials
 Acknowledgments
 Chapter 1: Founding Thoughts-Adam Smith, Capitalism, and Islamic Finance
 Introduction and Overview
 Chapter Topics
 Chapter Objective
 Key Terms
 1.1: The Roots: The Economy, Real and Financial Sectors, Risk and Islamic Finance
 1.2: Uncertainty and Risk
 1.3: Why Is There Uncertainty and Risk?
 1.4: Types of Risk
 1.5: Risk in the Real Sector and in the Financial Sector
 1.6: Financial System of Capitalism: The Foundations
 1.7: Smith and Arrow. 1.8: Smith and Ethical Rules1.9: An Arrow-Debreu Economy
 1.10: What Happened to the Smith-Arrow Risk-Sharing Ideal?
 1.11: Can Economics Explain a Positive Predetermined Rate of Interest?
 1.12: Islamic Finance: The Foundations
 1.13: Islamic Rules Governing Exchange
 1.13.1: Property Rights
 1.13.2: Contracts and Trust
 1.13.3: Markets
 1.13.4: Markets of the Prophet
 1.14: Islamic Financial Markets and Instruments
 1.15: Islamic Finance Industry at Present
 1.16: What Does the ""Paper Economy"" Look Like Today, Some Five Years After the Crisis?
 Summary
 Questions and Problems. 2.3.9: Karachi Stock Exchange (Pakistan)2.3.10: Muscat Stock Market (Oman)
 2.3.11: Abu Dhabi Securities Exchange (ADX)
 2.4: The Debt Markets
 2.5: The Money Markets
 2.6: The Derivatives Market
 2.7: Risks in Capital Markets
 2.7.1: Market/Price Risk
 2.7.2: Interest Rate Risk
 2.7.3: Default/Credit Risk
 2.7.4: Liquidity Risk
 2.7.5: Political Risk
 2.7.6: Regulatory/Moral Hazard/Inflation Risks
 2.7.7: Transparency and Misreporting Risks
 2.7.8: Shariah Risk
 Summary
 Questions and Problems
 References and Further Reading
 Websites. Chapter 3: Islamic Finance: Underlying Philosophy, Contracts, Instrument Design, and RequisitesIntroduction and Overview
 Chapter Topics
 Chapter Objective
 Key Terms
 3.1: Introduction
 3.2: Underlying Themes and Fundamentals of Fiqh Mu'amalah
 3.3: Requirements for Islamic Capital Market Instruments/Transactions
 3.3.1: Riba
 3.3.2: Gharar
 3.3.3: Maisyir
 3.3.4: Jahl
 3.4: Shariah-Based Contracts for Financial Transactions
 3.4.1: Other Commonly Used Capital Market Contracts
 3.5: International Regulatory Institutions for Islamic Finance.