Fundamentals of Islamic Money and Capital Markets

Table of Contents

1. Cover
2. Contents
3. Title
4. Copyright
5. Dedication
6. Preface
7. Acknowledgments
8. Chapter 1: An Introduction to Conventional and Islamic Financial Systems
   1. Introduction
   2. The Roles and Functions of Financial Markets
   3. Structures of Financial Markets
   4. Classification of Financial Markets
   5. Types of Financial Intermediaries
   6. A Brief Overview of the Islamic Financial System
   7. Chapter Summary
   8. Chapter Questions
   9. Notes
   10. References
9. Chapter 2: Development of Islamic Capital and Money Markets in Malaysia
   1. Introduction
   2. Development of Islamic Financial Institutions in Malaysia
   3. Islamic Capital Markets in Malaysia
   4. Malaysia International Islamic Financial Centre (MIFC)
   5. Chapter Summary
   6. Chapter Questions
   7. Notes
   8. References
10. Chapter 3: Regulators and Transactions Platform for Capital and Money Markets
    1. Introduction
    2. Bank Negara Malaysia (BNM)
    3. The Securities Commission (SC)
    4. Bursa Malaysia (BM)
    5. Chapter Summary
    6. Chapter Questions
    7. Notes
    8. References
    9. Websites
11. Chapter 4: Islamic Money Market
    1. Introduction
    2. Money Market Participants
    3. Functions of the Islamic Money Market
    4. Differences between Islamic and Conventional Money Markets
    5. Components of the Malaysian Islamic Money Market
    6. Islamic Interbank Market
    7. Mudarabah Interbank Investment
    8. Profit Calculation for Mudarabah Interbank Investment
    9. Commodity Murabahah
    10. Wakalah Investment
    11. Trading of Islamic Money Market Instruments
    12. Government Investment Issue (GII)
    13. Malaysian Islamic Treasury Bills (MITB)
    14. Bank Negara Monetary Notes (BNMN)
    15. Sukuk Bank Negara Malaysia Ijarah (SBNMI)
    16. Islamic Negotiable Instruments (INI)
    17. Islamic Accepted Bill (IAB)
    18. Sell and Buy Back Agreement (SBBA)
    19. Cagamas Sukuk
    20. Chapter Summary
    21. Chapter Questions
    22. Notes
    23. References
12. Chapter 5: An Overview of Sukuk
    1. Introduction
    2. Comparing Sukuk, Bonds, and Shares
    3. Sukuk Types
    4. Sukuk Structures
    5. Chapter Summary
    6. Chapter Questions
    7. Notes
    8. References
13. Chapter 6: Shariah-Compliant Equity
    1. Introduction
    2. The Structure of Equity Markets
    3. Shariah-Compliant Equity Securities
    4. Differences between Shariah and Non–Shariah-Compliant Equity Markets
    5. Shariah-Compliant Stocks Screening
    6. Chapter Summary
    7. Chapter Questions
    8. Note
    9. References
14. Chapter 7: Islamic Mutual Funds
    1. Introduction
    2. Closed and Open-Ended Funds
    3. Conventional Mutual Funds
    4. Islamic Mutual Funds
    5. Chapter Questions
    6. Notes
    7. References
15. Chapter 8: Islamic Real Estate Investment Trusts (I-REITs)
    1. Introduction
    2. Islamic Real Estate Investment Trusts (I-REITs)
    3. Difference between Conventional and Islamic REITs
    4. Chapter Summary
    5. Chapter Questions
    6. Notes
    7. References
16. Chapter 9: Islamic Exchange-Traded Funds
    1. Introduction
    2. Open- and Closed-End Funds, and Unit Trust Funds
    3. Exchange-Traded Funds (ETFs)
    4. Islamic Exchange Trade Funds (I-ETFs)
    5. Security Borrowing and Lending in Malaysia
    6. Islamic ETFs in Other Countries
    7. Challenges in Promoting I-ETFs
    8. Chapter Summary
    9. Chapter Questions
    10. Notes
    11. References
17. Chapter 10: Islamic Derivatives Market
    1. Introduction
    2. Derivative Securities in the Conventional Market
    3. Derivative Securities in the Islamic Perspective
    4. Islamic Structured Product
    5. Chapter Summary
    6. Chapter Questions
    7. Notes
    8. References
18. Bibliography
19. About the Authors
20. Index