Islamic Financial Services in the United Kingdom / / Elaine Housby.

• Superior document: Title is part of eBook package: De Gruyter Edinburgh University Press Backlist eBook-Package 2013-2000
• VerfasserIn: Housby, Elaine,
• Place / Publishing House: Edinburgh : : Edinburgh University Press, , [2022]; ©2011
• Year of Publication: 2022
• Language: English
• Series: Edinburgh Guides to Islamic Finance : EGIF
• Physical Description: 1 online resource (216 p.)
• Other title: Frontmatter --; CONTENTS --; FOREWORD --; CHAPTER 1 INTRODUCTION --; CHAPTER 2 HISTORY OF ISLAMIC FINANCIAL SERVICES IN THE UNITED KINGDOM --; CHAPTER 3 PERSONAL ACCOUNTS --; CHAPTER 4 PERSONAL FINANCE --; CHAPTER 5 HOME FINANCE --; CHAPTER 6 TAKAFUL --; CHAPTER 7 INVESTMENTS AND WEALTH MANAGEMENT --; CHAPTER 8 SUKUK --; CHAPTER 9 BUSINESS FINANCE --; CONCLUSION --; GLOSSARY AND ABBREVIATIONS --; INDEX
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9780748644872; 9783110780468
• DOI: 10.1515/9780748644872
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Elaine Housby.

This is the first book-length study of Islamic financial services in the United Kingdom. It describes the ways in which British examples of Islamic financial provision illustrate both the main characteristics of Islamic financial teaching and some key issues in the situation of British Muslims. Coverage of the subject is comprehensive: there are chapters on the history of Islamic finance in the UK and on personal accounts, home purchase finance, the equivalents of personal loans and insurance, investment, commercial funding and the relatively new bond-like instruments of sukuk.The author's approach is broadly sympathetic to the general spirit and aims of the Islamic financial tradition but critical of some of its manifestations in practice.The book is especially topical at present, following the crisis in the UK banking industry and the unprecedented level of public debate about the appropriate aims and techniques of the financial markets. Some commentators have recently expressed disappointment that Islamic finance in the UK has failed to live up to the high expectations surrounding it. This book attempts to give a balanced account of the sector's strengths and weaknesses.