Based around 12 individual cases, the book stimulates discussion and
develops the reader's understanding of Islamic finance by contrasting
the theoretical concepts discussed in the author's companion text
Introduction to Islamic Banking and Finance with practical real world
situations. The cases cover core Islamic banking and finance topics
including the Ijara, Mudaraba and Musharaka contracts; Islamic
mortgages for home finance; leverage; and issues involved in opening
an Islamic bank. Financial statement analysis for Islamic banks, the
implications for fund management for equity investing and the impact
of loan defaults on Islamic and conventional banks are also included.
Each chapter concludes with a set of questions designed to test the
reader's understanding of each case, with suggested solutions at the
end of the book.
This book is a must have resource for those wishing to apply their
understanding of this complex subject and is an essential read for
anyone seeking practical examples of how to apply the concepts in a
real world environment.
Brian Kettell
has a wealth of practical experience in the area of Islamic banking and
finance. He worked for several years as an Advisor for the Central Bank
of Bahrain where he had numerous Islamic banking
responsibilities.Subsequently, Brian taught courses on Islamic
banking and finance at a range of financial institutions including the
World Bank, National Commercial Bank (Saudi Arabia), Global Investment
House (Kuwait), Noor Islamic Bank (UAE), the UK Treasury, the Central
Bank of Iran, the Central Bank of Syria, the Chartered Institute for
Securities and Investment, the Institute for Financial Services and
Scotland Yard.
Brian's vast academic expertise in Islamic finance is highlighted by
his role as former Joint Editor of the Islamic Finance
Qualification Handbook and his past teaching work at a number of
top universities worldwide including the London School of Economics,
the City University of Hong Kong, the American University of the
Middle East in Kuwait and London Metropolitan University Business School.
Brian's impressive list of publications include over 100 articles in
journals, business magazines and the financial press including
Islamic Business and Finance, Islamic Banking and Finance,
the Central Banking Journal, Euromoney, the Securities
Journal and the International Currency Review. He has also
published 6 books on Islamic banking and financial markets.
