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Emerald Publishing Limited Emerging Issues in Islamic Finance Law and Practice in Malaysia

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Law and regulation are becoming increasingly important in any discourse involving the Islamic financial services industry. This important aspect comprises both the legal and Shari'ah aspects from the pre-contract stage up to the post-execution phase, and even post-contract termination phase.  Emerging Issues in Islamic Finance Law and Practice in Malaysia focuses on emerging legal, Shari'ah and regulatory issues in the Islamic finance industry in Malaysia. Through the lens of the Malaysian legal framework, financial experts Umar A. Oseni, M. Kabir Hassan, and Rusni Hassan and their expert contributors raise and discuss issues that cut across borders and, as such, can be transposed to other Islamic finance jurisdictions. With the different perspectives and approaches adopted by various chapters, Emerging Issues is specifically designed to meet the needs of academics and practitioners of Islamic finance law to provide general legal and Shari'ah guidance on the emerging issues identified. In Emerging Issues, Oseni, Hassan and Hassan provide rigorous research for curious minds who seek to ascertain the position of Islamic law on certain new issues, such as the application of Fintech in Islamic finance and the regulation of digital currencies. Readers will also benefit from the case studies included, which are based on the Malaysian legal and Shari'ah framework since Malaysia is generally considered a model for other Islamic finance jurisdictions. Review Scholars of law explore emerging legal issues in one of the most advanced Islamic financial services industry in the world: Malaysia. In sections on wealth and consumer protection, regulatory compliance and legal documentation, and fintech and blockchain technology, they consider such topics as the objectives of Shari'ah in nomination for the payment of family takaful benefits, the role of financial regulator in protecting bank consumers from unfair contract terms: the case of Malaysian Islamic banks, Islamic banks and money laundering in Malaysia: a legal compliance perspective, financial technology and the transformation of the Islamic finance regulatory framework in Malaysia, and regulating digital currency: taming the unruly. -- Annotation ©2019 ― (protoview.com) About the Author Dr. Umar A. Oseni is an Executive Director of the International Islamic Liquidity Management Corporation (IILM), a supranational financial institution headquartered in Kuala Lumpur. Professor Dr. M. Kabir Hassan is a Professor of Finance in the Department of Economics and Finance in the University of New Orleans. Dr. Rusni Hassan is a Professor at the IIUM Institute of Islamic Banking and Finance, IIUM.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
26 August 2019
Listed Since
01 April 2019

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