Islamic finance has grown exponentially since 1963 and has reached more than 70 countries around the world with the asset size of about $2.5 trillion. The Islamic investment system today comprises of both asset-backed and asset-based offerings. There is an evidence of sustained demand for Islamic investment in the global market among both Muslim and non-Muslim investors with demand outstripping supply and management. This book is a timely guide to understanding the paradigm of Islamic investment and its application in the contemporary investment reality, and will be of particular interest to academia, industrialists, professionals, investors, investment managers, product designers, students, decision makers and policymakers globally in the field of investment.
The conventional model of investment in most cases involves fixed interest over a debt-based deal, gaining by transferring the risk to others. Investment sectors are not necessarily ethically compliant as commercial gain is the priority over ethical compliance and/or humanitarian concern. Alternatively, the Islamic investment model in the contemporary reality is based on the Shari’ah principles with an integrated concern free from any interest (usury) while gain is realized upon sharing the risk and formalized on an underlying asset with transparency. Investment sectors are strictly screened by ensuring one to be free from unethical elements while caring about socio-humanitarian concern. An Islamic investment model thus advocates beneficial opportunities for all regardless of one’s religious background or gender to participate in and benefit over a debt-free asset-based economy with a risk-sharing platform. Hence, this book is a timely guide to understanding the paradigm of Islamic investment and its application in the contemporary investment reality of particular interest to students, academics, and investment professionals.
Mohd Ma'Sum Billah
Islamic Investment Islamic Investment Model Shari’ah Principles Islamic Personal Investment Islamic Venture Capital Halal Investment Digital currency islamic finance investments and securities household finance