Wealth Management and Investment in Islamic Settings

ISBN-13: 9789811939051 / Angielski / Miękka / 2023

Opis

This book addresses the theory, practices, challenges, key issues and potential future policies concerning investment and wealth management in connection with Islamic finance. There is a noted scarcity of literature on Islamic approaches towards wealth management from a jurisprudential perspective, and so this book aims to address this lacuna in available literature. It demonstrates strategies for wealth management in keeping with the Qur’an and Sunn’ah, posing questions relating to interest and investment, and proposing financial models for benefiting the poorer segments of society while simultaneously satisfying economic necessities in keeping with Islamic law. Given its breadth of scope, combining perspectives from scholars and practitioners with extensive experience in the banking and finance sector from different Islamic settings including Malaysia, Saudi Arabia, Sri Lanka, Brunei and Indonesia, this edited volume will benefit practitioners, researchers, and graduate students studying finance, economics and business management in an Islamic context.

Spis treści

Chapter 1. Wealth and Investment: Islamic Concepts.- Part I: Wealth Management and Investment:  Islamic Concepts.- Chapter 2. Islam, Spirituality and Wealth: Islamic Framework of Wealth Management.- Chapter 3. Islamic Investment-cum-Wealth Management: Politics, Warfare and Welfare.- Chapter 4. Wealth Creation and Management in Islam.- Chapter 5. Principles of Consumption in Islamic Wealth Management for Personal Finance.- Chapter 6. Investment and Wealth Management in Contemporary Times: Zakat as a Viable Approach.- Part II: Applications of Islamic Wealth Management.- Chapter 7. An Analysis of Compatibility of Alleviation of Poverty with distribution of Wealth: A Study of Islamic Perspectives in Comparison with the Alternative Economic Systems.- Chapter 8. Why Do We Need to Develop Islamic Venture Capital Firm.- Chapter 9. Project Financing Models For Small Medium Property Enterprises in The Framework of Maqasid Al-Shariah.- Chapter 10. The effects of Fixed Return Instruments on Investment Decisions in Islamic Economics: Using Stochastic Mathematical Model.- Chapter 11. Profitability vs. Poverty Alleviation: Has Banking Logic Changes Islamic Microfinance Institutions?.- Part III: Country Experiences.- Chapter 12. The Effect of Maqâshid Al-Syarî'ah Achievements to  Investment Level in OIC Countries.- Chapter 13. Analysis of Opportunities of Halal Tourism Industrial Sector in Sri Lanka: A Study of Religious Perspectives.- Chapter 14. Measuring the Impact of Open Innovation on Firm Performance in Indonesia Halal Industry.- Chapter 15. Potential of Social Impact Sukuk in Brunei Darussalam  from the Maslaha Perspective.- Chapter 16. Religiosity as a Predictive Factor of Debt Management Behaviour among Muslims: The Malaysian Experience.- Chapter 17. Prospects and Challenges for Islamic Investment and Wealth Management in Mauritius.- Chapter 18. Sustainability, Financial Performance and Shariah Governance: Evidence from companies listed in the Jakarta Islamic Index.- Chapter 19. Is it Utopia?.

O autorze

Professor Toseef Azid is a Professor of Economics at the College of Business and Economics at Qassim University in Saudi Arabia. He has a PhD in Economics from University College of Wales, Aberystwyth, in the UK. He received a COT Scholarship from the Government of Pakistan to study at UCW, as well as an Overseas Research Scholarship from the British government, and a Fulbright Award Scholar in Residence (2006) where he worked on a research project on "Economics of Middle Eastern Countries”. He has taught in Pakistan, Brunei, the UK, the US, and Saudi Arabia. He has published more than 60 papers in local and international journals, and has published six books to date.

Dr Murniati Mukhlisin is currently a Rector at Tazkia Islamic University College, Bogor, Indonesia. She studied Islamic accounting at International Islamic University Malaysia (bachelor degree), University of Indonesia (masters degree) and University of Glasgow, United Kingdom (PhD). Murniati has working experience in banking, audit and IT services. Murniati started her career as a lecturer in Islamic Accounting and Finance in 2002 and she is currently Islamic Accounting certified. She became research assistant at University of Glasgow in 2014 and lecturer and researcher in Accounting at Essex Business School, University of Essex, Colchester, UK from 2015 to 2017. Her research interest is in the areas of Islamic accounting, Islamic banking and finance, and Islamic financial literacy. She authored a number of books and international journal papers and hundreds of articles published in national and international media. She received research and travel grants and several awards for her research papers. She also assumes position as a Editorial Board Member in several journals, Founder in Sakinah Finance and Sobat Syariah, Commissioner at OneShafPlus Security Crowd Funding, a Board Member at Indonesian Economist Association, Indonesian Association of Islamic Economist, Indonesian Institute of Accountants, Indonesian Islamic FinTech Association and Financial Planning Standards Board Indonesia.

Dr. Uthman Ibrahim is the Vice Dean in the College of Business and Economics at Qassim University in Saudi Arabia. His background is in jurisprudence.