Fundamentals of Islamic Money and Capital Markets

The first comprehensive guide to Islamic financial marketsBased on the course taught at the International Islamic University Malaysia, this is the first book on Islamic finance to focus exclusively on money and capital markets. Covering basic concepts as well as current practices in Islamic financial markets, the book features case studies from real markets. It outlines the theory of money in terms of value, supply, and demand, while explaining the Islamic capital markets in terms of classifications, types of operations, valuations of securities, Islamic unit trust, ETFs, Islamic stock broking, and much more.Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic financeThe first guide to Islamic finance focused solely on money and capital marketsAn excellent introduction to money market principles for students in Islamic banking and finance, as well as researchers and current practitioners, Fundamentals of Islamic Money and Capital Marketsis a vital resource on the subject.