Islamic banking and finance in south-east asia: its development and future (2nd edition) (Asia-Pacific Business) - Softcover

Venardos, Angelo M.

Softcover

ISBN 10: 9812568883 ISBN 13: 9789812568885

Publisher: Wspc, 2006

Synopsis

To truly understand the current interest in the development of Islamic banking and finance in South-East Asia and how it is different from the conventional banking system, one must first understand the religious relationship originating from the Qur'an, and then trace the historical geographic and political developments of Islam over recent centuries. Only on this basis can the reader, without prejudice or cynicism, begin to appreciate Shari'ah law and Islamic jurisprudence. With this platform established in the first part of the book, readers are invited to learn about the financial products and services offered, understand the challenges in their development, and ultimately recognize the significant opportunities that Islamic banking and finance can provide both Muslims and non-Muslims. This second edition contains updates of statistics and dates with regards to the development of Islamic banking in Malaysia, Singapore, Indonesia and Brunei. In particular, the chapter on Singapore details significant developments such as the direction which major banks are taking towards Islamic banking and the increase in Islamic banking products being offered.Although written by a non-Muslim author, this highly-regarded book is being translated into Arabic by a leading Islamic university in the Middle East.

About this title

From the Inside Flap:

Islamic Banking and Finance in South-East Asia by Angelo M Venardos has been a "must read" since its first edition in 2006 and has already been translated to Arabic.

Now in its 3rd edition, the book offers important updates you can look forward to, starting with the foundations of Islamic banking, developments and issues. The reader is then treated to a timely survey of Islamic banking in five South-East Asian countries. Each of these chapters has been completely revamped from the last edition. One additional chapter has been added on Islamic Succession Planning, which introduces an increasingly essential aspect of Muslim life that of managing one's wealth now and in the afterlife.

Whether you are new to the topic or a practitioner in the industry, you will appreciate the accessible way in which the book is written. According to the Asian Journal of Comparative Law, the book gives a broad overview yet "manages to achieve this in a rather slim volume while providing depth of analysis at the same time."

About the Author:

Angelo M Venardos has degrees in Economics and Marketing, an MBA, a Masters of Jurisprudence (Corp & Comm. Law), and a Doctorate of Legal Science in the area of the global regulation of offshore financial centers. A banker by training, he commenced his international career in Hong Kong in 1978. Born in Australia of Greek parents, Angelo is a permanent resident of Singapore, where he is the Executive Director and Founder of the Heritage Trust Group. Since writing this book, he has been an active speaker at international Islamic Banking seminars, forums and conferences conducted in Singapore, Malaysia and Australia.

About this edition

• Publisher: Wspc
• Publication date: 2006
• ISBN 10: 9812568883
• ISBN 13: 9789812568885
• Binding: Paperback
• Edition number: 2
• Number of pages: 256