The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets -- Contents -- Foreword -- Preface -- Introduction -- SOUTHEAST ASIA -- THE MIDDLE EAST AND NORTH AFRICA -- SUB-SAHARAN AFRICA -- EUROPE -- TURKEY -- NORTH AMERICA -- AUSTRALASIA -- ABOUT THE AUTHORS -- Chapter 1: Australia -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- RETAIL FINANCE -- MICROFINANCE -- TAKAFUL AND RE-TAKAFUL -- ISSUANCES AND SUKUK -- DEBT CAPITAL MARKETS -- EQUITY CAPITAL MARKETS -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- THE FUTURE -- NOTES -- REFERENCES -- ABOUT THE AUTHOR -- Chapter 2: Bahrain -- ASSET MANAGEMENT -- Mutual Funds -- Endowment Funds -- Banking Assets -- Wealth Assets -- TAX AND ACCOUNTING -- Tax Legislation, Neutrality, and Incentives -- RETAIL AND MICROFINANCE -- CBB Support and Commitment -- Products -- Current Demand and Future Prospects -- MERGERS AND ACQUISITIONS -- TAKAFUL AND RE- TAKAFUL -- SUKUK -- SOVEREIGN WEALTH FUNDS -- Bahrain's Financial Market -- The Money Market -- Capital Markets -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- NOTES -- REFERENCES -- ABOUT THE AUTHOR -- Chapter 3: Bangladesh -- ASSET MANAGEMENT -- Banking Assets -- Exchange Traded Funds -- Mutual Funds -- Endowment Funds -- Conclusion -- TAX AND ACCOUNTING -- Financial Reporting Standards -- Tax Legislation -- Tax Neutrality -- Tax Incentives and Exemptions -- Conclusion -- RETAIL AND MICROFINANCE -- Marketing Strategies -- Products -- Demands for Retail and Microfinance -- Opportunities -- Initiatives for Financial Inclusion -- Conclusion -- TAKAFUL AND RE- TAKAFUL -- Risk Management -- Regulatory Issues -- Conclusion -- SOVEREIGN BONDS -- Creditworthiness -- Sukuk and Issuances -- Sovereign Wealth Funds -- Conclusion -- SUKUK -- The Bond Market in Bangladesh -- Sukuk Structure -- The Globalization of Sukuk -- Conclusion -- DEBT CAPITAL MARKETS.

The Money Market -- The Stock Market -- Securities and Securitization -- Conclusion -- REGULATORY ISSUES -- The Shari'ah Supervisory Board -- Standardization -- Conclusion -- CROSS-BORDER FINANCING -- Cross-Border Inflow -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 4: Brunei -- THE PRINCIPAL LEGISLATION REGULATING ISLAMIC BANKS AND FINANCE COMPANIES -- ISLAMIC ASSET MANAGEMENT -- Offshore International Banks -- Investment Advisors -- Mutual Funds -- TAX AND ACCOUNTING -- RETAIL AND MICROFINANCE -- The Retail Sector -- An Islamic Finance Company -- Microfinance -- TAKAFUL AND RE- TAKAFUL -- SOVEREIGN SUKUK -- DEBT CAPITAL MARKETS -- CROSS-BORDER FINANCING -- REGULATORY ISSUES -- HUMAN RESOURCES DEVELOPMENT -- CONCLUSION -- ABOUT THE AUTHORS -- Chapter 5: Canada -- PAST PERFORMANCE -- PROSPECTS -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- Mudaraba -- Murabahah -- Diminishing Musharaka with Ijara -- Ijara Sukuk -- RETAIL AND MICROFINANCE -- TAKAFUL -- SUKUK AND THE DEBT CAPITAL MARKET -- REGULATORY ISSUES -- Key Regulatory Challenges -- Other Regulatory Issues -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 6: China -- ASSET MANAGEMENT -- Mutual Funds -- Exchange Traded Funds -- Endowment Funds -- Banking Assets -- Wealth Assets -- TAX AND ACCOUNTING -- Financial Reporting Standards -- Tax Neutrality -- Other Tax Issues -- RETAIL AND MICROFINANCE -- TAKAFUL AND RE- TAKAFUL -- Risk Management in Takaful -- Regulatory Issues in Takaful -- The Potential for Takaful -- SUKUK -- Asset-Backed Sukuk -- The Globalization of Sukuk -- DEBT CAPITAL MARKETS -- The Money Market -- The Stock Market -- Securities and Securitization -- REGULATORY ISSUES -- Shari'ah Supervisory Boards -- Standardization -- CONCLUSION -- NOTES -- ABOUT THE AUTHOR -- Chapter 7: Egypt -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- RETAIL AND MICROFINANCE -- TAKAFUL AND RE- TAKAFUL.

SOVEREIGN SUKUK -- SUKUK -- DEBT CAPITAL MARKETS -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- CONCLUSION -- ABOUT THE AUTHORS -- Chapter 8: Hong Kong -- ASSET MANAGEMENT -- TAX -- RETAIL AND MICROFINANCE -- ISLAMIC BANKING -- Risk Management -- Adherence to Islamic Law -- Binding Documentation -- Disclosure of Risk and Return to Depositors -- SUKUK AND RENMINBI BUSINESS -- DEBT CAPITAL MARKETS AND EQUITY CAPITAL MARKETS -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- CONCLUSION -- ABOUT THE AUTHORS -- Chapter 9: India -- ASSET MANAGEMENT -- Alternative Investment Funds -- Real Estate Investment Trusts -- Structured Products -- TAX AND ACCOUNTING -- RETAIL AND MICROFINANCE -- TAKAFUL AND RE- TAKAFUL -- SOVEREIGN SUKUK -- DEBT CAPITAL MARKETS -- Tax and Stamp Duties -- Investor Perception and Documentation Challenge -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 10: Indonesia -- MACROECONOMIC PERFORMANCE AND ASSET MANAGEMENT -- Public Response As Indicated by Liquidity Behavior -- Monetary Policy and Interest Rate Responses -- The Indonesian Islamic Banking Industry: Funding Activities -- The Indonesian Islamic Banking Industry: Financing Activities -- MICROFINANCE -- TAKAFUL AND RE- TAKAFUL -- SUKUK -- REGULATORY ISSUES -- CONCLUSION -- NOTES -- REFERENCES -- ABOUT THE AUTHOR -- Chapter 11: Iran -- THE HISTORY OF IRANIAN BANKING -- Modern Banking: 1887-1925 -- Establishment of Iranian Banks and the Central Bank: 1925-1979 -- Nationalization and Merger of Iranian Banks: 1979-1981 -- Demand for Riba-Free Banking: 1981-1983 -- Development of the Banking System Since 1983 -- THE RIBA-FREE BANKING ACT -- Objectives and Duties -- Mobilization of Financial Resources -- DEPOSITS -- Qard Hasan Deposits -- Current Accounts -- Savings Accounts -- Term Investment Deposits ( Wakalah Accounts).

ALLOCATION OF FUNDS -- Qard Hasan Loans -- Mudaraba -- Civil Partnership -- Legal Partnership -- Installment Sale -- Salam (Forward Dealing) -- Hire-Purchase (Leasing) -- Muzaraah -- Musaqat -- Joaalah -- Debt-Purchase -- Direct Investment -- OTHER REGULATIONS -- MONETARY POLICY -- Direct Instruments -- Indirect Instruments -- Adjustments to Monetary Policy Making -- HOW IRANIAN PRACTICES DIFFER FROM THOSE OF OTHER COUNTRIES -- CHALLENGES AND STRENGTHS -- COOPERATION WITH OTHER ISLAMIC COUNTRIES -- IRANIAN BANKING SYSTEM STATISTICS -- THE IRANIAN ISLAMIC CAPITAL MARKET -- History -- Structure -- Financial Institutions -- Financial Instruments -- Laws and Regulations -- Growth -- Cross-Border Cooperation -- REFERENCES -- ABOUT THE AUTHOR -- Chapter 12: Japan -- CORPORATE BANKING -- Regulatory Changes -- Market Positioning -- Major Performances -- RETAIL BANKING AND MICROFINANCE -- DEBT CAPITAL MARKETS ( SUKUK) -- SUKUK REGULATION AND TAXATION: THE CASE OF J- SUKUK -- EQUITY CAPITAL MARKETS -- Indexes -- Private Equity Funds -- ASSET MANAGEMENT -- Equity Funds -- Exchange Traded Funds -- Real Estate Funds -- Endowment Funds -- TAKAFUL AND RE- TAKAFUL -- Market Positioning -- Prospects -- SOVEREIGN WEALTH FUNDS -- REGULATORY ISSUES -- TAX AND ACCOUNTING -- Tax Legislation -- Tax Neutrality -- Tax Incentives and Exemptions -- Other Tax and Accounting Issues -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 13: Jordan -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- MICROFINANCE -- Microfinance in Jordan -- Islamic Microfinance in Jordan -- TAKAFUL AND RE- TAKAFUL -- DEBT CAPITAL MARKETS -- CROSS-BORDER FINANCING -- SOVEREIGN SUKUK -- REGULATORY ISSUES -- CONCLUSION -- NOTE -- REFERENCES -- ABOUT THE AUTHOR -- Chapter 14: Kazakhstan -- PAST PERFORMANCE -- PROSPECTS -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- RETAIL AND MICROFINANCE -- TAKAFUL AND RE- TAKAFUL.

SOVEREIGN SUKUK -- SUKUK -- DEBT CAPITAL MARKETS -- REGULATORY ISSUES -- CROSS-BORDER FINANCING -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 15: Kenya -- ISLAMIC FINANCE BANKS -- ISLAMIC WINDOWS -- MICROFINANCE -- TAKAFUL AND RE- TAKAFUL -- ISLAMIC CAPITAL MARKETS -- SUKUK AND DEBT CAPITAL MARKETS -- REGULATORY CHALLENGES AND SHARI'AH CONCERNS -- THE TECHNOLOGY INDUSTRY AND ISLAMIC FINANCE -- CONCLUSION -- NOTES -- ABOUT THE AUTHOR -- Chapter 16: Kuwait -- ASSET MANAGEMENT -- TAX AND ACCOUNTING -- RETAIL AND MICROFINANCE -- ISLAMIC BANKING -- TAKAFUL AND RE- TAKAFUL -- SOVEREIGN WEALTH FUNDS -- Engaging in Prudent Investment Practices -- Spearheading the Economic Development Agenda -- Enhancing the Domestic Financial Services Sector -- Supporting Kuwait's Real Estate Market -- Playing a Major Role in Domestic Health Care -- Building Kuwait's SMEs -- SUKUK -- DEBT CAPITAL MARKETS -- Equities -- The Securitisation Market -- REGULATION -- CROSS-BORDER FINANCINGS -- CONCLUSION -- ABOUT THE AUTHOR -- Chapter 17: Luxembourg -- ASSET MANAGEMENT -- Adaptability of the Undertakings for Collective Investment in Transferable Securities -- Alternative Investment Funds -- MICROFINANCE -- TAKAFUL AND RE- TAKAFUL -- SOVEREIGN WEALTH FUNDS -- SUKUK AND DEBT CAPITAL MARKETS -- The Securitisation Law of 2004 -- Listing of Sukuk -- REGULATORY ISSUES -- Setting Up a Shari'ah Board -- Rules Applicable to Sukuk -- Discrepancies between the Luxembourg Law and Shari'ah Principles -- TAX AND ACCOUNTING -- Tax Treatment of the Murabahah Contract -- Tax Treatment of Sukuk -- Financial Reporting Standards -- CROSS-BORDER FINANCING -- CONCLUSION -- NOTES -- ABOUT THE AUTHORS -- Chapter 18: Malaysia -- ISLAMIC BANKING -- ASSET MANAGEMENT -- Mutual Funds -- Exchange Traded Funds -- Endowment Funds -- Wealth Assets -- TAX AND ACCOUNTING -- Financial Reporting Standards.

Tax Legislation.