The internationalization of Islamic finance in Europe and other parts of the world spurns us to believe that our Shariah Registered Financial Planner (Shariah RFP) programme is relevant to meet market demands. In Malaysia, Islamic finance is growing exponentially. This new Shariah RFP text module features fully updated information to reflect the current changes in the market sphere. First written by industry leading practitioners in 2008, the work has been further enhanced to correctly reflect the exponential changes Islamic finance has undergone over the recent years as the industry has seen the introduction of many new Islamic financial products in the market place.

Fatwa plays a very significant role in Shariah by providing different resolutions and solutions to the Muslim community when it is needed to ensure the compliance with principles of Shariah and commends of God. It should be understood that fatwa is not confined to particular section in Islamic law but it covers the entire sections and subsection of Islamic law including business, finance and trade. Today, fatwa takes a different shape in Islamic finance; it is introduced and presented in the industry in the form of resolutions issued by Shariah board members who represent Shariah corporate governance body in the structure of the Islamic financial institutions. The resolution is further structured in the form of Shariah endorsement which is part and parcel of product approval as required by the regulators. The present paper discusses fatwa and its methodology in Islamic finance to ensure a sound process of issuing an accurate resolutions that comply with the rules and guidelines that have been set in Islamic jurisprudence.

The internationalization of Islamic finance in Europe and other parts of the world spurns us to believe that our Shariah Registered Financial Planner (Shariah RFP) programme is relevant to meet market demands. In Malaysia, Islamic finance is growing exponentially. This new Shariah RFP text module features fully updated information to reflect the current changes in the market sphere. First written by industry leading practitioners in 2008, the work has been further enhanced to correctly reflect the exponential changes Islamic finance has undergone over the recent years as the industry has seen the introduction of many new Islamic financial products in the market place. Available in physical copy only (Call Number: HG 179 F981)

It investigates the nature of the hotel business from the Islamic law perspective and its importance in the Malaysian economy. It argues that exclusion of hotel business from Islamic investment and financing activities through Shari'ah screening methodology may be inappropriate. Hence, it recommends that the Shari'ah Advisory Council (SAC) of Securities Commission Malaysia reconsider the assessment and screening process for hotel business in the light of arguments put forward in the research in favour of its Shari'ah compliance.

This book aims to provide a sound foundation of knowledge in fatwa and Shari'ah governance in Islamic finance. This foundation is coupled with very important aspects of Islamic jurisprudence, legal maxims, and Islamic law of contracts. The book is trying to achieve the following objectives: 1. to provide a clear understanding of the concept of fatwa and Shari'ah governance pertaining to business and finance. 2. to give an overview on the major issues pertaining to fatwa and Shari'ah governance. 3. to understand the process of fatwa and its Shari'ah framework in Islamic finance.

The regulatory framework in Malaysia has been enhanced and developed with the objective to promote financial stability and ensure Shariah compliance in the business activities of Islamic financial institutions. The recurring enhancement in Islamic finance industry in the last five years is regarded as a major revision of the legal infrastructure and banking operation in Malaysia since 1983.

In managing liquidity, conventional banks resort to investing in treasury bills, overdrafts, placements with the central bank or with other conventional banks in order to gain interest, even if the placement is only overnight. However, it is not possible for Islamic banks to use the same instruments because of the numerous Shari'ah violations in them. Furthermore, Islamic banks have alternative financial products that are derived from Islamic jurisprudence. They can use various contracts such as qard hasan (benevolent loan), mudarabah (profit sharing between a capital provider and an entrepreneur who contributes only his labor and expertise), murabahah (mark-up sale), or other Shari'ah-compliant contracts. In their capacity as financial intermediaries, Islamic banks need instruments that will allow them to utilize their surplus liquidity in a temporary form and for short periods or to receive help from other financial institutions using their available liquidity to cover their own short-term liquidity needs. Thus, they are in need of contracts that will help them to manage liquidity in surplus as well as deficit situations.

This study guide should become handy to anyone who is interested to learn the various spectrum of Islamic wealth management as it provides a step-by-step process in constructing a holistic financial plan through the use of case studies. It is a quick and easy guide on the area of wealth management, covering both theoretical and practical aspects. The guide features a question and answer format with example and illustrations, where appropriate to show how it works in practice.

This book provides an economic analysis of the earliest Islamic society, focusing on the policies of the Messenger of Islam (Sawa) and his successors during the first four formative decades of Islam. The author uses historical economic data, facts, and evidences that are reported from the period, both prior to and after establishment of the Islamic State, to explore the economic relations, policies, and models that were in practice and applied at that time.

Private equity investing (PE) has experienced a rapid growth on a global scale over the past several decades and has become a significant industry. But while scholars have devoted considerable effort to studying the area of risk capital investing into businesses, research about private equity as an asset class is surprisingly scarce. The aim of this research is to provide a deeper understanding about how differences in organizational characteristics may affect institutional investors’ motives for investing in private equity including Islamic private equity, ways of working, satisfaction with investment performances, and their respective choices of investment strategies for both conventional as well as Islamic private equity. In order to provide a rich and comprehensive understanding of Institutional Investors’ opinions and perceptions, a qualitative study was undertaken based on in-depth interviews with institutional PE fund investors in Malaysia. Based on a comprehensive set of interviews with PE fund investors, in-depth insights about variances in motives for investing in the asset class, ways of working, and investment strategies were acquired. One of the more interesting findings from this study is that there seem to be two significantly divergent investment strategies that lead to satisfactory performances when investing in PE funds: (i) to be a devoted, highly skilled and independent investor, or (ii) to copy the behaviors and decisions of other investors who are perceived as having high skills and thus have attained prominence in the market. This, in turn, suggests that organization-specific characteristics determine which strategy will be the optimal choice for a certain investor.

Private equity including Islamic private equity gained considerable attention over the last few decades. The focus on private equity's portfolio capabilities within existing literature is very limited. This has been one of the main motivational factors to the research on private equity's portfolio capabilities. The paper contributes towards deep understanding of differences between Islamic and conventional private equity with a focus on behavior of Malaysia investors while investing in private equity.

This aim of this book is to provide the students a sound foundation in Islamic jurisprudence, Shariah audit and compliance coupled with a comprehensive knowledge on the theory of contracts in Islamic commercial. The module consists of three major parts which are Islamic jurisprudence, Shariah audit, and theory of Islamic contract.

This aim of this book is to make understanding: the framework of products based on various Syari'ah principles and their classifications; the way Islamic banking utilities various Islamic principles in structuring Islamic banking products; various principles of sale contracts in Islamic law and how they are applied to modern Islamic banks.

This book offers a thorough look at non-compliance risk and explains the legal documentation necessary to ensure compliance for professionals in the Islamic finance industry. In addition, the book offers helpful guidance and understanding for the legal departments of Islamic financial institutions, as well as lawyers, legal firms, Shariah advisors, Shariah officers, and students studying Islamic finance. The book covers fundamental concepts, major risk elements, tools and techniques for identifying non-compliance, legal documentation, and the impact of non-compliance, among other vital topics.

The internationalization of Islamic finance in Europe and other parts of the world spurns us to believe that our Shariah Registered Financial Planner (Shariah RFP) programme is relevant to meet market demands. In Malaysia, Islamic finance is growing exponentially. This new Shariah RFP text module features fully updated information to reflect the current changes in the market sphere. First written by industry leading practitioners in 2008, the work has been further enhanced to correctly reflect the exponential changes Islamic finance has undergone over the recent years as the industry has seen the introduction of many new Islamic financial products in the market place. Available in physical copy only (Call Number: BP 190.5 W4 S531)

The introduction of Shariah governance to the Islamic financial institutions (IFIs) is to enhance a sound internal control system of Shariah governance in the IFIs as well as a proper scope of responsibility and obligation for the corporate governance organs. This book centres on various aspects and issues of Shariah governance in the IFIs where it takes into account the international standards, parameters and practices through a cross border assessment of the Shariah governance framework (SGF) and structure that has been implemented in different jurisdiction including Malaysia.