《THIRTY YEARS OF ISLAMIC BANKING》求取 ⇩

I Introduction1

2 Theoretical Foundations of Islamic Banking4

Why Islamic banking: the rationale4

Principles of Islamic finance: the basis6

Conclusion16

3Development of the Islamic Banking Model18

What is Islamic banking: the model18

How Islamic banking works in practice26

How is Islamic banking different from conventional banking: the salient features28

What does the Islamic banking model promise?31

Conclusion34

4 History and Growth of islamic Banking and Finance36

How Islamic banking started36

Various manifestations of the Islamic financial industry38

Country experiences with Islamic banking39

Islamic banks and financial institutions working in mixed environments46

Islamic banking practices by conventional banks58

International Islamic financial institutions59

Other institutions63

Conclusion65

5 The Performance of Islamic Banks72

Soundness72

Prudence74

Effectiveness76

Economy76

Profitability78

Islamic and conventional banks: a comparative analysis81

Conclusion85

6 Efficiency in Islamic Banking88

Why study Islamic bank-efficiency?88

Measuring bank efficiency89

Empirical evidence on efficiency in Islamic banking97

Conclusion104

7 Challenges Facing Islamic Banking105

Theoretical challenges: unresolved issues105

Practical challenges: operational problems111

Conclusion121

8Islamic Banking in the Twenty-First Century123

Where Islamic banking needs to go: the way ahead123

Areas of potential growth133

Conclusion140

9 Some Areas for Further Research in Islamic Bankingand Finance141

Asymmetric information142

Moral hazard problems143

Adverse selection problems145

Principal agent problems and the need for monitoring145

Implications of the sharing features of PLS contracts147

The need for further empirical investigations149

Conclusion150

10 Summary and Conclusions152

Notes157

Bibliography160

Index166

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