Ahmed, Habib
Product Development in Islamic Banks
- ISBN 13:
- 9780748639526
- author:
- Ahmed, Habib
- format:
- Paperback
- publisher:
- Edinburgh University Press
- language:
- English
- Publication Year:
- 2011
- Pages:
- 272
- Dimensions:
- 21.34 x 13.72 x 1.52 centimetres
- Genre:
- Business, Religion, Islam,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Product Development in Islamic Banks explores the processes and issues involved in creating Islamic financial products for banks. This field has grown rapidly since its inception in the 1970s, driven by market forces, and is projected to continue growing at an annual rate of 15-20%. The book fills a gap in existing literature by examining how basic principles can be used to develop financial products.
Starting with the key features of financial products, the book then discusses the three phases of the product development cycle, its strengths and weaknesses, and makes suggestions for the future direction of the Islamic financial industry. It also includes glossaries of abbreviations and key Arabic terms to aid understanding.
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