Islamic Banking and Finance

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1 Islamic Banking and Finance Volume 1: Pre and Early Islamic Finance Part 1: Pre-Islamic Financial Setup 1. Kenneth G. Hirth, Interregional Trade and the Formation of Prehistoric Gateway Communities, American Antiquity, 43, 1, 1978, pp Moshe Elat, The Economic Relations of the Neo-Assyrian Empire with Egypt, Journal of the American Oriental Studies, 98, 1, 1978, pp Robert McC. Adams, Anthropological Perspectives on Ancient Trade, Current Anthropology, 33, 1992, pp M. M. Postan, Credit in Medieval Trade, Economic History Review, 1, , pp Philip L. Kohl, The Balance of Trade in Southwestern Asia in the Mid-Third Millennium BC, Current Anthropology, 19, 3, 1978, pp Md. Atiqur Rahman Khan Khadem, Mudaraba: An Ancient Mode of Finance, Journal of Islamic Banking and Finance, 22, 4, 2005, pp Peter Temin, Financial Intermediation in the Early Roman Empire, Journal of Economic History, 64, 3, 2004, pp Part 2: Early Islamic Financial System 8. M. A. Sabzwari, Economic and Fiscal System during the Life of Holy Prophet (P.B.U.H.), Journal of Islamic Banking and Finance, 1, 4, 1984, pp Michael Lecker, On the Markets of Medina (Yathrib) in Pre-Islamic and Early Islamic Times, Jerusalem Studies in Arabic and Islam, 8, 1986, pp Elias H. Tuma, Early Arab Economic Policies (1 st /7 th 4 th /10 th Centuries), Islamic Studies, 4, 1, 1965, pp Mohammad Nejatullah Siddiqi, Public Borrowing in Early Islamic History, in The Role of the State in the Economy: As Islamic Perspective (Leicester: The Islamic Foundation, 1996), pp Abraham L. Udowitch, Reflections on the Institution of Credit and Banking in the Medieval Islamic Near East, Studia Islamica, 41, 1975, pp Sabahuddin Azmi, Taxation Policy in Early Islam: The Pioneering Contribution of Abu Yusuf, Muslim and Arab Perspectives, 4, 7-12, 1997, pp Abdul-Rahim Al-Saati, The Permissible Gharar (Risk) in Classical Islamic Jurisprudence, Islamic Economics, 16, 2, 2003, pp Part 3: Islamic Economic Philosophy 15. S. M. Hasanuzzaman, Defining Islamic Economics, Journal of Islamic Banking and Finance, 14, 1, 1997, pp Frederic L. Pryor, The Islamic Economic System, Journal of Comparative Economics, 9, 2, 1985, pp Muhammad Abdul-Rauf, The Islamic Doctrine of Economics and Contemporary Economic Thought, American Enterprise Institute for Public Policy Research, (Washington, DC, 1979), pp John R. Presley and John G. Sessions, Islamic Economics: The Emergence of a New Paradigm, The Economic Journal, 104, 424, 1994, pp

2 19. Ozay Mehmet, Al-Ghazzali on Social Justice: Guidelines for a New World Order from an Early Medieval Scholar, International Journal of Social Economics, 24, 11, 1997, pp Murat Cizakca, Charity in the World of Islam: Waqf s Origin and Evolution, paper delivered at the Conference on Indigenous Charities: Historical Studies of Charity Institutions Across Cultures, University of Hong Kong, November 6-7, Volume 2: Evolution of Islamic Financial System Part 4: Islamic Finance: Evolution and Institutions 21. Zamir Iqbal, Financial Engineering in Islamic Finance, Thunderbird International Business Review, 41, 4-5, 1999, pp Shujaat A. Khan, Two Paths to Development: Capitalist vs. Islamic Approach, Hamdard Islamicus, 21, 2, 1998, pp Cyril Monnet and Erwan Quintin, Why Do Financial Systems Differ? History Matters, Journal of Monetary Economics, 54, 4, 2007, pp Mirza Sardar Husain, Islamic Banking in the Making, Journal of Islamic Banking and Finance, 14, 1997, pp Abdelkader Chachi, Origin and Development of Commercial and Islamic Banking Operations, Islamic Economics, 18, 2, 2005, pp Mohsin S. Khan and Abbas Mirakhor, Monetary Management in an Islamic Economy, Islamic Economics, 6, 1994, pp Juan Sole, Introducing Islamic Banks into Conventional Banking System, IMF Working Paper, WP/07/175, July 1, Part 5: The Discourse on Interest Religious Context 28. Abdulkader Thomas, What is Riba? in Abdulkader Thomas (ed.), Interest in Islamic Economics (London and New York: Routledge, 2006), pp Joseph Persky, From Usury to Interest, Journal of Economic Perspectives, 21, 1, 2007, pp James B. Sauer, Metaphysics and Economy the Problem of Interest: A Comparison of the Practice and Ethics of Interest in Islamic and Christian Cultures, International Journal of Social Economics, 29, 1-2, 2002, pp Francesco L. Galassi, Buying a Passport to Heaven: Usury, Restitution and the Merchants of Medieval Genoa, Religion, 22, 1992, pp Barry Gordon, Lending at Interest: Some Jewish, Greek and Christian Approaches 800 BC-100 AD, History of Political Economy, 14, 3, 1982, pp Syed Hussain Ali Jafri and Lawrence S. Margolis, The Treatment of Usury in the Holy Scriptures, Thunderbird International Business Review, 41, 4-5, 1999, pp Part 6: The Islamic View of Interest 34. S. M. Hasanuz Zaman, Conceptual Foundation of Riba in Qur an, Hadith and Fiqh, Journal of Islamic Banking and Finance, 18, 3/4, 2001, pp

3 35. Abdullah Saeed, The Moral Context of the Prohibition of Ribā in Islam Revisited, American Journal of Islamic Social Sciences, 12, 4, 1995, pp M. Umer Chapra, Why has Islam Prohibited Interest? Rationale behind the Prohibition of Interest, Review of Islamic Economics, 9, 2000, pp Muhammad Samiullah, Prohibition of Riba (Interest) and Insurance in the Light of Islam, Islamic Studies, 21, 2, 1982, pp Mahmoud A. El-Gamal, Interest and the Paradox of Contemporary Islamic Law and Finance, Fordham International Law Journal, 27, 1, 2003, pp Part 7: The Secular (Modern) View of Interest 39. Rudolph C. Blitz and Millard F. Long, The Economics of Usury Regulation, Journal of Political Economy, 73, 6, 1965, pp Wayne A.M. Visser and Alastair McIntosh, A Short Review of the Historical Critique of Usury, Accounting, Business and Financial History, 8, 2, 1988, pp Muhammad Akram Khan, Riba in Contemporary Literature, in Issues in Islamic Economics, (Lahore: Islamic Publications Ltd., 1983), pp D. Levy, Adam Smith s Case for Usury Laws, History of Political Economy, 19, 3, 1987, pp Volume 3: Current Islamic Finance Part 8: Islamic Financial System: Theory and Practice 43. Jean-François Seznec, Ethics, Islamic Banking and the Global Financial Market, World Policy Journal, 23, 1, Winter-Spring 1999, pp Zamir Iqbal, Islamic Financial Systems, Journal of Islamic Banking and Finance, 24, 2, 2007, pp Martin Cihak and Heiko Hesse, Islamic Banks and Financial Stability: An Empirical Analysis, IMF Working Paper No.08/16, January 1, Mohammad Uzair, Central Banking in an Interest-Free Banking System, Islamic Banking and Finance (Karachi: Royal Book Company, 2001), pp Mahmoud A. El-Gamal, Involving Islamic Banks in Central Bank Open Market Operations, Thunderbird International Business Review, 41, 4-5, 1999, pp Hamid Zengeneh and Ahmad Salam, Central Banking in an Interest-Free Banking System, Islamic Economics, 5, 1993, pp Mohammad Ayub, The Concept of Riba and Salient Features of Islamic Financial System, in Islamic Banking and Finance (Karachi: State Bank of Pakistan, 2002), pp Part 9: Capitalization of Islamic Institutions 50. Gaffar Abdalla Ahmed The Implication of Using Profit and Loss Sharing Modes of Finance in the Banking System with a Particular Reference to Equity Participation (Partnership) Method in Sudan, Humanomics: International Journal of Systems and Ethics, 24, 3, 2008, pp

4 51. Dadang Muljawan, Humayon A. Dar and Maximilian J. B. Hall, A Capital Adequacy Framework for Islamic Banks: The Need to Reconcile Depositors Risk Aversion With Managers Risk Taking, Applied Financial Economics, 14, 2004, pp Mansur A. Noibi, Prudential Regulation of Islamic Banks: An Analysis of Capital Adequacy Standards, Review of Islamic Economics, 8, 1, 2004, pp B. A. Bashir, 'Portfolio Management of Islamic Banks: "Certainty Model", Journal of Banking and Finance, 7, 1983, pp Samy Ben Naceur and Magda Kandil, "The Impact of Capital Requirements on Banks Cost of Intermediation and Performance: The Case of Egypt, Journal of Economics and Business, 61, 1, 2009, pp Part 10: Islamic Financial Instruments 55. Mufti Taqi Usmani, Principles of Shariah Governing Islamic Investment Funds, Journal of Islamic Banking and Finance, 20, 2, 2003, pp Abdul Awwal Sarker, Islamic Financial Instruments: Definition and Types, Review of Islamic Economics, 4, 1, 1995, pp Stella Cox, Islamic Asset Management: An Expanding Sector, Review of Islamic Economics, 11, 2002, pp Mohammad Hashim Kamali, A Shari ah Analysis of Issues in Islamic Leasing, Islamic Economics, 20, 1, 2007, pp Taufiq Hasan, Shamsher Mohamad and Mohammed Khaled I. Bader, Efficiency of Conventional Versus Islamic Banks: Evidence from the Middle East, International Journal of Islamic and Middle Eastern Finance, 2, 1, 2009, pp Vasudevan Sundararajan and Luca Errico, Islamic Financial Institutions and Products in the Global Financial System: Key Issues in Risk Management and Challenges Ahead, IMF, Working Paper, WP/02/192, November, Maria Bhatti and M. Ishaq Bhatti, Legality of Corporate Governance in Islamic Finance, forthcoming in Journal of Asian Politics and Policy, 2, Part 11: Management and Governance of Islamic Institutions 62. Robin Mathews, Issam Tlemsani and Aftab Siddiqui, Recent Development in the Market for Islamic Mortgages: Theory and Practice, Review of Islamic Economics, 14, 2003, pp Rodney Wilson, Regulatory Challenges Posed by Islamic Capital Market Products and Services, Journal of Islamic Banking and Finance, 24, 2, 2007, pp Patrick Honohan, Islamic Financial Intermediation: Economic and Prudential Considerations, World Bank Research Paper, July Zubair Hasan, Credit Creation and Control: An Unresolved Issue in Islamic Banking, Journal of Islamic and Middle Eastern Finance and Management, 1, 1, 2008, pp El Tegani A. Ahmed, Distribution of Profits in Islamic Banking: A Case Study of Faysal Islamic Bank of Sudan (FIBS), Islamic Economics, 7, 1995, pp T. E. Gambling and R.A.A. Karim, Islamic and "Social Accounting", Journal of Business Finance and Accounting, 13, 1, 1986, pp

5 Volume 4: Future Islamic Finance Part 12: Prospects for Islamic Finance 68. Amer Al-Roubaie, Islamic Finance: A Bulwark Against Contagion in the Global Banking System, Journal of Civilization Studies, 2, 2, Bassel Hamwi and Anthony Aylward, Islamic Finance: A Growing International Market, Thunderbird International Business Review, 41, 4-5, 1999, pp Muhammad Nejatullah Siddiqi, Islamic Banks: Concept, Precept and Prospects, Review of Islamic Economics, 9, 2000, pp M. Mansoor Khan and M. Ishaq Bhatti, Islamic Banking and Finance: On its Way to Globalization, Managerial Finance, 34, 10, 2008, pp Shahid Hasan Siddiqui, Islamic Banking: Rationale, Prospects and Challenges, Journal of Islamic Banking and Finance, 13, 2, 1996, pp Monzer Kahf, Islamic Banks at the Threshold of the Third Millennium, Thunderbird International Business Review, 41, 4-5, 1999, pp Sajjad M. Jasimuddin, The Stock Exchange and Islamic Finance: Some Thoughts for a Reconsideration, The Islamic Quarterly, 14, 2, 2001, pp Abbas Mirakhor, Progress and Challenges of Islamic Banking, Review of Islamic Economics, 4, 2, 1997, pp Part 13: Challenges Facing Islamic Finance 76. Noor Ahmed Memon, Islamic Banking: Present and Future Challenges, Journal of Management and Social Sciences, 3, 1, 2007, pp Mohammad Uzair, Foreign Transactions in an Interestless Economy, in Interest Free Banking (Karachi: Royal Book Company, 2001), pp Sayyid Tahir, Future of Islamic Banking, Journal of Islamic Banking and Finance, 22, 4, 2005, pp Khurshid Ahmed, Islamic Finance and Banking: The Challenge of the 21 st Century, in Imtiazuddin Ahmad (ed.), Islamic Banking and Finance: The Concept, the Practice and the Challenge (Plainfield, USA: Islamic Society of North America, 1999), pp Fuad Abdullah Al-Omar and Munawar Iqbal, Some Strategic Suggestions for Islamic Banking in 21 st Century', Review of Islamic Economics, 9, 2000, pp Mohammed El Qorchi, Islamic Finance Gears Up, Finance and Development, December 2005, pp Abdus Samad, Norman D. Gardner and Bradley J. Cook, Islamic Banking and Finance in Theory and Practice: The Experience of Malaysia and Bahrain, American Journal of Islamic Social Sciences, 22, 2, 2005, pp Part 14: Globalization of Islamic Financial System 83. Said Zafar, Future of Islamic Banking in Canada, in Imtiazuddin Ahmad (ed.), Islamic Banking and Finance: The Concept, the Practice and the Challenge (Plainfield, USA: Islamic Society of North America, 1999), pp

6 84. W. Alsultan, M. M. Metwally and Jamal Roudaki, Financial Analysis of Performance of Islamic Banks in GCC Countries, Journal of Islamic Banking and Finance, 22, 2, 2005, pp Mohsin S. Khan and Abbas Mirakhor, Islamic Banking Experiences in the Islamic Republic of Iran and in Pakistan, Economic Development and Cultural Change, 38, 1990, pp Ramadan Shallah, Jordan: The Experience of the Jordan Islamic Bank, in Rodney Wilson (ed.), Islamic Financial Markets (London: Routledge, 1990), pp Mohammad Hashim Kamali, The Permissibility and Potential of Developing Islamic Derivatives as Financial Instruments, Journal of Economics and Management, 7, 2, 1999, pp Philip Gerrard and J. Barton Cunningham, Islamic Banking: A Study in Singapore, International Journal of Bank Marketing, 15, 6, 1997, pp Sudin Haron, Wan Nursofiza Wan Azmi and Ku Majdi Yamirudeng, Islamic Banking in Thailand: Prospects and Challenges, Journal of Islamic Banking and Finance, 21, 1, 2004, pp David Baldwin, Turkey: Islamic Banking in a Secularist Country, in Rodney Wilson (ed.), Islamic Financial Markets (London: Routledge, 1990), pp Rodney Wilson, Challenges and Opportunities for Islamic Banking and Finance in the West: The United Kingdom Experience, Thunderbird International Business Review, 41, 4-5, 1999, pp Index

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