Last edited by Akinobei
Wednesday, July 8, 2020 | History

3 edition of Towards an understanding of Islamic banking in Sudan found in the catalog.

Towards an understanding of Islamic banking in Sudan

Elfatih Shaaeldin

Towards an understanding of Islamic banking in Sudan

the case of Faisal Islamic Bank

by Elfatih Shaaeldin

  • 220 Want to read
  • 30 Currently reading

Published by Development Studies and Research Centre, Faculty of Economic & Social Studies, University of Khartoum in [Khartoum] .
Written in English


Edition Notes

Microfiche. New Delhi : Library of Congress Office ; Washington, D.C. : Library of Congress Photoduplication Service, 2011. 1 microfiches. Master microform held by: DLC.

Statementby Elfatih Shaaeldin & Richard Brown
SeriesMonograph series -- no. 21
Classifications
LC ClassificationsMicrofiche 2011/52405 (H)
The Physical Object
FormatMicroform
Pagination40 p.
Number of Pages40
ID Numbers
Open LibraryOL24897480M
LC Control Number2011346150

Awareness of Islamic banking products and services among non-Muslims in Malaysia .. 8 Understanding of Islamic banking products and services among non-Muslims in Malaysia .. 9 Perceptions of Islamic banking products and services among non-Muslims in Malaysia . The Politics of Islamic Finance examining the experiences of Islamic banking in countries such as Sudan, Turkey, Kuwait and Middle East Institute - They are the leading experts on the political economy of Islamic banking, and the book will attract the interest of all who wish to understand this phenomenon.

Toward a Just Monetary System, The Islamic Foundation, Leicester. Choudhury, Masul Alam, Theoretical Studies in Islamic Banking and Finance (Book Distribution Centre, Houston. a case study of Faisal Islamic Bank (Sudan)', paper submitted to the Seminar on Developing a System of Islamic Financial Instruments, organized by the. understanding of the subject area. I am also thankful to my external advisor, Dr Gaffar Khalid, for his excellent comments on various aspects of this research and on Islamic banking and finance issues. I extend my sincere thanks to the staff of Central Bank of Sudan as well as those of Bank of Khartoum and other Sudanese Banks.

their relationship with Islamic banking is one of the topics that is unique to Islamic bank-ing. (Altiby A,). Importance of Islamic banking and finance There are three main reasons, why it is important the Islamic banking and finance, Islamic finance has a niche hold on the market, and it is growing at a tremendous rate. An Introduction to Islamic Finance by Mufti Muhammad Taqi Usmani: An excellent introduction for someone new to Islamic finance; covering principles, products, and practices. Meezan Bank's Guide to Islamic Banking by Dr. Imran Usmani: Use this section for a more detailed understanding of the industry's core products from one of its leading scholars.


Share this book
You might also like
Needlepoint

Needlepoint

Energy security

Energy security

proposed National Home Ownership Foundation.

proposed National Home Ownership Foundation.

Center ice.

Center ice.

Constitution and by-laws.

Constitution and by-laws.

Hot

Hot

Study guide for Memmlers the human body in health and disease

Study guide for Memmlers the human body in health and disease

Our New England ancestors and their descendants, 1620-1900 [microform]

Our New England ancestors and their descendants, 1620-1900 [microform]

Raising the standard

Raising the standard

The generals women

The generals women

A Symposium on formalist criticism

A Symposium on formalist criticism

Akta Perancangan Bandar dan Desa 1976

Akta Perancangan Bandar dan Desa 1976

Hospitality Mgt Actg Student Wkbk 4D

Hospitality Mgt Actg Student Wkbk 4D

Report of an Asian working party on The rise of China

Report of an Asian working party on The rise of China

Information strategy in the era of globalization

Information strategy in the era of globalization

San Franciscos golden era

San Franciscos golden era

Furniture

Furniture

Towards an understanding of Islamic banking in Sudan by Elfatih Shaaeldin Download PDF EPUB FB2

Towards an Understanding of Islamic Banking in Sudan: The Case of the Faisal Islamic Bank Elfatih Shaaeldin and Richard Brown 9. Some Aspects of Commoditisation and Transformation in Rural Sudan Abbas Abdelkarim   Sudan.

DOI link for Sudan. Sudan book. State, Capital and Transformation. Sudan. DOI link for Sudan. Sudan book. State, Capital and Transformation. Edited By Tony Barnett, Abbas Abdelkarim.

Edition 1st Edition. First Published Towards an Understanding of Islamic Banking in Sudan: The Case of the Faisal Islamic Bank. View abstract Cited by:   Islamic banking is a system of banking with Shariah laws, which is against the collection or payment of interest, commonly called ' riba'.

Islamic law also prohibits investing in business. The creation of Islamic banking institutions was largely associated with the oil price hike of –4 and the attitude towards the revival of Islam, especially in the banking practices.

Sudan is no exception to these LDACs in establishing some Islamic banks side by side with the conventional : Badr Al-Din Ibrahim. Banking and Finance to Small and Micro-Enterprises in Sudan - View Book.

Concise Directory of Islamic - View Book. Diploma in Islamic Banking & Insurance View Book. Directory of Islamic Insurance (Takaful) - View Book. Encyclopaedia of Islamic Banking and Insurance - View Book. European Perceptions of Islamic Banking - A catalogue record for this book is available from the British Library Library of Congress Control Number: ISBN 1 3 (cased) Printed and bound in Great Britain by MPG Books Ltd, Bodmin, Cornwall.

(Edward, Handbook of Islamic banking. Mervyn K. Lewis Islamic Banking. and. File Size: 1MB. countries. The first Islamic Bank was the Dubai Islamic Bank () (Ariff, p. 47) followed by the Islamic Commercial Bank of Abu Dhabi () and Faisal Islamic Bank of Sudan ().

This was soon followed by the establishment of a whole group of Faisal Islamic Banks in Cited by: Outline of Lectures on Islamic Banking and Finance. The Foundations. From its beginning, Islam gave a positive approach to wealth creation, recognized private property, and emphasized fulfillment of contracts and fair dealings.

Nature of the Banking System; Vision, Mission, and Core Value; The 5 year Strategic Plan; Board of Directors; Senior Management; Laws and Regulations. Laws. Anti Money Laundering & the Financing of Terrorism Act; Foreign Exchange Dealing Act; Deposit Guarantee Fund Act; The Property Mortgaged to Banks Act; The Electronic Transactions Act; Central Bank of Sudan.

Sudan introduced Islamic banking inby opening the Faisal Islamic Bank, the first Islamic bank in the country, and ensured the bank was exempted from paying taxes for five years. The main shareholder was the Saudi financier Mohamed El Faisal. The central bank of Sudan established in Februarywhich it drive the appearance of banking in Sudan, and during the period from to a numbers of domestic banks are established, and after that followed by a numbers of foreign banks and branches were allowed to operate such as Abu-Dhabi bank in and City bank in moment for Islamic banking, coming just after the establishment of the first major Islamic commercial bank—the Dubai Islamic Bank—in the United Arab Emirates.

The success of the latter led to the establishment of a series of similar banks, including Faisal Islamic Bank (Sudan) and Kuwait Finance House (Kuwait)—both in File Size: KB. need to establish Islamic financial institutions under cover.

A number of Islamic banks, both in letter and spirit, came into existence in the Middle East, e.g., the Dubai Islamic Bank (), the Faisal Islamic Bank of Sudan (), the Faisal Islamic Bank of Egypt (), and the Bahrain Islamic Bank (), to mention a few.

The first private Islamic Bank, the ‘Dubai Islamic Bank’ was also set up in by a group of Muslim businessmen from several countries. Two more private banks were founded in under the name of ‘Faisal Islamic Bank’ in Egypt and Sudan.

Islamic bank (), Bahrain Islamic Bank () and Faisal Islamic Bank of Sudan () etc. Islamic banks share profit and loss with its customers and depositors. This sharing gives more strong ground to Islamic Banking.

Islamic Banking working base on interest free banking. But conventional banks base on Interest-based techniques and principles. Introduction to Islamic Banking and Finance is supported by a detailed, easy to use Instructor Manual, powerful Test Bank Generator and dynamic PowerPoint Slides.

It's all part of the Pearson service. Handbook of Islamic Banking: A practical book that covers a wide range of areas in Islamic finance. The Politics of Islamic Finance: A guide to politics of Islamic finance that includes country case studies of Sudan, Kuwait, Jordan, Turkey, Tunisia, and Egypt.

'Ten years of Islamic banking', Journal of Islamic Banking and Finance, July-September, 3(3) Halim, Abdul, l 'Sources and uses of funds: a study of Bank Islam Malaysia Berhad,' paper presented to the Seminar on Developing a System of Islamic Financial Instruments, organized by the Ministry of Finance Malaysia and the Islamic.

History of Islamic Banking Islamic banking practices began in the 70's in Egypt, KSA and UAE. ByIslamic banks became popular in the Arab world and countries like Malaysia. The numbers of Islamic banks grow to banks by additionally more than conventional banks offer Islamic banking services to their customers.

A year later, inthe Central Bank of Sudan established a dedicated microfinance unit tasked with implementing the strategy’s cross-cutting recommendations, namely to foster a conducive policy environment, a regulatory framework geared toward market-driven financial services, and the intellectual, human, and financial capital to provide.

Because compliance with shariah law is the raison d'être of Islamic finance, Islamic banks and banking institutions that offer Islamic banking products and services should establish a Shariah Supervisory Board (SSB) — to advise them on whether or not some proposed transactions or products follows the Sharia, and to ensure that the operations and activities of the banking institutions comply with Present monograph on "Towards an Islamic Financial Market: A study of Islamic Banking and Finance in Malaysia" is a modest effort in that direction.

It studies the efforts to introduce the concepts Islamic banking and finance in Malaysia with in overall framework of an Islamic financial Size: KB.IIBI was the vision of the founder and chairman, late Mr Muazzam Ali and founded in London, a world-leading financial centre, with the sole aim of creating a wider base of knowledge and understanding of the Islamic financial system and helping in the exchange of information between the Islamic and other financial systems through continuing.