Islamic Finance Practices: Experiences from South Eastern Europe

Preface
Contents
List of Contributors
List of Figures
List of Tables
1 History of Economic Thought Hidden Within the Archives of Abrahamic Religions
	1 Introduction
	2 Market Regulations and Ethics: Religiously Informed Regulative Environment
	3 Judaism, It’s Effects and Influence on Market Regulations
	4 The Ethical Code of Christianity and Its Paternal Approach on Market Regulations
	5 Conclusion
	Bibliography
2 Exploring the Epistemology of  Utility Function in Islamic Economics: Foundation of Islamic Finance
	1 Introduction
	2 Concept of Utility in Islamic Economics
	3 Conclusion
	Bibliography
3 Islamic Approach to Corporate Social Responsibility in Scientific Research with CSR Overview in Banking Sector of Bosnia and Herzegovina
	1 Introduction
	2 Islamic Approach to Corporate Social Responsibility
	3 CSR Based Projects—Some Cases from Banking Sector of Bosnia and Herzegovina
	4 Islamic Banking and CSR in Bosnia and Herzegovina
	5 The Use of Databases as a Scientific Tool
	6 Process and the Results of the Research
	7 Conclusions
	References
4 Potentials of Waqfs from a Socio-Economic Perspective: The Case of Bosnia and Herzegovina
	1 Introduction
	2 Literature on Waqfs
	3 Background on Waqfs in Bosnia and Herzegovina
	4 Methodology and Data
	5 Empirical Findings
		5.1 Institutional Belonging
		5.2 Perception of Waqf
		5.3 Role of the Muslim Community in Creating Awareness About Waqf
		5.4 A Motivation for Waqf Endowments
		5.5 Second Stage Analysis
	6 Conclusions
	Appendix: Results of the Second Stage Analysis
	References
5 Efficient Diversification with Shariah-Compliant Stocks: Evidence from the South-East European Capital Markets
	1 Introduction
	2 Literature Review
	3 Methodology
	4 Results and Discussion
	5 Conclusion
	References
6 Credit Risk Assessment for an Islamic Bank in Bosnia and Herzegovina
	1 Introduction
	2 Basel Rules Review and Summary
	3 Banking Legislation in Bosnia and Herzegovina
	4 Islamic Banking Data
		4.1 Research Methodology and Model Building
	5 Credit Risk Assessment Model
	6 Future Work
	7 Conclusion
	References
7 Market Rent Value as a Basis for Profit Margin Calculation in Home Financings Based on Diminishing Musharakah with Ijarah: Possibilities for Implementation in Bosnia and Herzegovina
	1 Introduction
	2 Profit Margin Calculation in Diminishing Musharakah and Ijarah Financings in Bosna Bank International
	3 Market Rent as a Basis for Profit Margin Calculation
	4 Comparison of the Existing Method of Calculating the Profit Margin at BBI and the Model Based on Market Rent Value
	5 Analysis of Current Market Rents, Profit Margins in BBI and Interest Rates in the Federation of Bosnia and Herzegovina
	6 Combination of the Two Models—The Best Solution in Current Market Conditions
	7 Conclusion
	References
Index