ISLAMIC FINANCIAL SYSTEM: PRINCIPLES AND OPERATIONS (3RD EDITION) by ISRA

This specialised textbook aims to provide a comprehensive coverage of the islamic financial system (ifs), ranging from its theoretical and conceptual framework to the practical aspect.

The third edition of the textbook serves as a vital reference for academics, students and practitioners in the field through:

• Revised and updated contents with the latest data, literature, trends, case studies, international practices, regulations, governance and future directions of the industry.

• Additional contents to reflect the industry’s latest development:

o progression of the industry into value-based intermediation and sustainability

o integration of the Islamic social finance sector within the mainstream Islamic finance industry

o increased leverage on financial technology (fintech) within Islamic financial institutions (IFIs) operations.

• Enhanced chapters with newly added Multiple-choice Questions (MCQs) and revised ‘Review Questions and Problems’ provided at the end of each chapter. Answers for the MCQs are also provided at the end of the book.

• Easily understood and clear language with improved visual materials (infographics, illustrations and tables).