Frequently Asked Questions in Islamic Finance

Brian Kettell has a wealth of practical experience in the area of Islamic banking and finance. He is currently based in London and works as a specialist Trainer and Consultant in Islamic banking and finance.

He worked for several years as an Economic Advisor for the Central Bank of Bahrain where he had numerous Islamic banking responsibilities, and has taught courses on Islamic banking and finance at a range of financial institutions including the World Bank, National Commercial Bank (Saudi Arabia), Global Investment House (Kuwait), Noor Islamic Bank (UAE), the UK Treasury, the Central Bank of Iran, the Central Bank of Syria, the Securities Investment Institute, the Institute for Financial Services and Scotland Yard.

Brian's vast academic expertise in Islamic finance is highlighted by his role as Joint Editor of the Islamic Finance Qualification Handbook and his past teaching work at a number of top universities worldwide including the London School of Economics, the City University of Hong Kong and London Metropolitan University Business School.

Brian's impressive list of publications include over 100 articles in journals, business magazines and the financial press including Islamic Business and Finance, Islamic Banking and Finance, the Central Banking Journal, Euromoney, the Securities Journal and the International Currency Review. He has also published 16 books on banking and financial markets and is the author of Islamic Capital Markets and Introduction to Islamic Banking and Finance.

In Frequently Asked Questions in Islamic Finance, industry expert Brian Kettell answers some of the most frequently asked questions from his many years experience in working and teaching in Islamic Finance and Banking. From knowledge of the Qu'ran and Sharia'a Law, to new and old Islamic financial concepts, Islamic terms, and Islamic Financial instruments and services, this book covers all the key areas that practitioners need to understand to understand Islamic Finance. The book addresses individual questions such as "what is Takaful?", and provide answers with a clear overview of the product or service, and an example, or illustration where appropriate, of how they work in practice. The book also features a question and answer section for readers to test and build their knowledge of the area.

Light, entertaining and varied in its approach, Frequently Asked Questions in Islamic Finance will prove popular for experienced and novices alike.

Preface. Introduction.
1 The Islamic Banking Timeline (1890-2010).
2 Frequently Asked Questions.
3 Why is Interest (Riba) Forbidden to Muslims?
4 Derivatives and Islamic Finance.
5 How do you Establish an Islamic Bank?
6 Islamic Banking and Finance Qualifications.
7 How Much Arabic do you Need to Know to Work in the Industry?
8 Test Your Knowledge.
9 Further Reading.
Crossword.
Appendix Answers to Chapter 8.
Test Your Knowledge.
Index.