Islamic Capital Markets: Principles & Practices is a specialised textbook that aims to provide an in-depth discussion on the theoretical aspects and practical knowledge of Islamic capital market (ICM) operations.
After the successful publication of its first edition in 2015, this second edition of the textbook offers comprehensive coverage of the ICM sector to serve as a vital and current reference for academics, students, scholars, practitioners and regulators in the field via:
• Updated contents with the latest data, literature, trends, case studies, international practices, future directions and other relevant information to keep pace with the industry’s latest advances.
• Additional contents to reflect the industry’s move towards:
• Promotion of the sustainability agenda in various ICM offerings.
• Integration of the Islamic social finance sector within the ICM industry.
• Increased adoption of digitalisation and financial technology (fintech) within ICM operations.
• Enhanced chapters with additional multiple choice questions (MCQs) and review questions are provided at the end of each chapter. Answers to the MCQs are given at the end of the book.
• Clear and concise language with improved visual materials (infographics, illustrations and tables).
Main topics covered in the book include:
• Sharīʿah and the regulatory framework
• Corporate and Sharīʿah governance Risk management
• Accounting and taxation
• The ṣukūk market
• The Islamic equity market
• Islamic unit trusts, REITs and ETFs Islamic private equity and venture capital Islamic derivatives and hedging
• Islamic structured investment products
