Islamic financial markets

The financial markets represent a main foundation for economic growth, as they play an important role in managing liquidity, facilitate the trading of securities representing assets, and are an effective means of moving savings into investment channels to meet the needs of both lenders and borrowers alike. And because financial markets are predominantly traditional despite the existence of some Islamic windows that have not yet gained their due status, especially in the absence of comprehensive applications of Islamic economics, this book aims to address both Islamic and traditional financial markets in a way that highlights the transactions within those markets, the commonalities between them, and the differences within the framework of Shariah rulings and objectives. The book discusses the concept, types, origin, and functions of money markets / Islamic markets, as well as Islamic money markets in terms of their functions, institutions, and financial instruments. It also covers capital markets / Islamic markets in terms of their financial instruments, rules and procedures for dealing in them, their efficiency, in addition to securitization (takaful), venture capital, Islamic investment funds, the formation and management of Islamic securities portfolios, and the valuation of Islamic securities.