1st Edition
Benchmarking Islamic Finance A Framework for Evaluating Financial Products and Services
Introduction Part I Goodbye to LIBOR? Emergence of Benchmarking in Islamic Financial System 1. Does Islamic Finance Need Benchmarking? 2. Why Does Islamic Finance Require Benchmarking? 3. Goodbye to LIBOR: An Alternative Islamic Interbank Benchmarking Mechanism 4. Islamic Finance, Benchmarking and LIBOR Transition: Impacts and Implications 5. SWOT Analysis of Benchmarking in the Islamic Finance Industry Part II Shari’ah Analysis of Benchmarking Islamic Finance 6. How is the Qur ͗ānic Solution to Benchmarking Financial System? 7. How Does Sunnah Recognize Benchmarking Formula for the Islamic Financial System? 8. Shari’ah Analysis of Benchmarking in the Islamic Financial System 9. Fiqh Analysis of Benchmarking in the Islamic Financial Products and Services 10. Analyzing Fatwa on Benchmarking Islamic Financial Products and Services 11. Fatwa Analysis of Benchmarking in Islamic Financial System 12. Analyzing Traditional Benchmarking Experiences from Maqasid al-Shari’ah Perspective Part III Benchmarking Islamic Finance: its Law and Compliance 13. Legal and Compliance Reform for Islamic Financial Benchmarking 14. Implications of the Regulatory Shift from LIBOR to SONIA Benchmark for the Islamic Banking Industry in UK Part IV Testing and Experiences in Benchmarking Islamic Finance 15. How Does Benchmarking Matter in Islamic Microfinance? 16. What Benchmarking Formula in Islamic SME Financing May be? 17. Foreign Currency and Rate Derivatives on Firm Value: A Shari’ah Experience
Biography
Mohd Ma’Sum Billah is a Senior Professor of Finance at the Islamic Economics Institute, King Abdul Aziz University, Jeddah, Kingdom of Saudi Arabia.
