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PrintIslamic Capital Market
Islamic Capital Market is a series of six titles endorsed by the Securities Commission Malaysia and published by Lexis Nexis. The publication of the books is in response to the expanding role of Islamic capital market, resulting from the phenomenal growth of Islamic capital market globally.
The six titles provide an understanding of the basic concepts of Islamic capital market, its features and philosophy, the applicable regulatory principles, legal and accounting frameworks, important challenges, key trends, fundamentals and the governing principles of Islamic commercial law (Fiqh al-muamalat), as well as the distinctive features and structures of Islamic equities and Islamic securities (sukuk). It is an excellent reference for professionals in both Islamic and conventional capital markets. Anyone aspiring to become a practitioner or be engaged in the Islamic capital market will find these books useful as reference materials.
The six titles in the Islamic Capital Market series are:
- Introduction to Islamic Capital Market (ISBN 978-983-5371-14-1)
- introduces and deliberates upon the principles and the practices of the Islamic capital market
- examines current trends in the financial system and provides a basic understanding of how Shariah principles are applied in the broad operations and functions of the Islamic capital market
- discusses the distinctive roles of various stakeholders and market participants in the Islamic capital market
- Islamic Commercial Law (Fiqh al-Muamalat) (ISBN 978-983-5371-15-8)
- addresses the fundamentals of Islamic commercial law and its governing principles
- focuses on the theory of contracts in Islamic commercial law, including the fundamental elements of valid contracts, their requirements and legal maxims as well as their applications in the modern Islamic financial services
- Regulatory Requirements, Legal Documentation, Accounting, Auditing and Taxation in the Islamic Capital Market (ISBN 978-983-5371-16-5)
- Part I describes the legal and regulatory framework of the Islamic capital market and expands into the governing structures of the regulatory authorities including the regulators’ functions in the Islamic capital market
- Part II moves into the fundamentals of accounting, auditing and taxation, accounting standards and framework for auditing and compliance, including the tax implications for Islamic capital market instruments
- Islamic Equity Market (ISBN 978-983-5371-13-4)
- offers a theoretical framework in the analysis of current trends in Islamic equity market and the various products and instruments traded
- tackles the relevant Shariah issues and regulatory requirements and also the distinctive structure and features of Islamic equity products and instruments versus conventional equity products
- Islamic Securities (Sukuk) Market (ISBN 978-983-5371-18-9)
- covers the concept of sukuk including the Shariah, regulatory, structural and practical aspects of the sukuk market
- Various types and structures of sukuk are described, what underlying Islamic contracts are employed, and the governing rules and conditions
- A number of case studies in sukuk issuances, both domestic and global, are illustrated
- Valuation of Securities (ISBN 978-983-5371-17-2)
- Part I examines the structure of fixed income and money market instruments, and their importance in the Malaysian capital market. The risks in fixed income securities and factors affecting the level of interest rates are also explored.
- Part II discusses investment instruments and their valuation in the Malaysian equity market, focuses on various share issues and the need to use valuation methods together<.