1.1.Islamic finance architecture
Figure 1.2.Dow Jones Islamic Market Index closing values (May 2009–2019)
Figure 2.1.Equilibrium in the interest-free asset market
Figure 2.2.Downward shift in SDU curve
Figure 2.3.Upward shift in SDU curve
Figure 2.4.Rightward shift in SSU curve
Figure 2.5.Leftward shift in SSU curve
Figure 2.6.Islamic economics framework
Figure 3.1.Some widely used Islamic modes of financing
Figure 3.2.Murabaha process flow
Figure 3.4.Istisna process flow
Figure 3.5.Ijarah process flow
Figure 3.6.Diminishing Musharakah process flow
Figure 3.7.Musharakah structure
Figure 3.8.Mudarabah structure
Figure 5.1.Risk–return preferences in utility curve for investors
Figure 5.2.Systematic and unsystematic risk in the portfolio
Figure 5.3.Efficient frontier and investor equilibrium
Figure 6.1.Ijarah Sukuk structure
Figure 6.2.Istisna Sukuk structure
Figure 6.3.Salam Sukuk structure
Figure 6.4.Wakalah Sukuk structure
Figure 6.5.Mudarabah Sukuk structure
Figure 6.6.Musharakah Sukuk structure
Figure 7.1.Commodity Murabaha
Figure 8.1.Utility function of a risk-averse person
Figure 8.2.Takaful Wakalah model
Figure 8.3.Takaful Mudarabah model
Figure 9.1.Capital to assets ratio on GINI coefficient
Figure 9.2.Some important risks in Islamic banking
List of Tables
Table 1.1.Growth in Islamic banking and finance (2012–2017)
Table 1.2.Share of countries in global Islamic banking assets
Table 1.3.Islamic banking indicators globally
Table 1.4.Growth in Islamic fund assets
Table 1.5.The distinction of Waqf from other social finance institutions
Table 2.1.Increase in price due to interest cost
Table 3.1.Comparative analysis of Islamic and conventional banks
Table 3.2.Balance sheet of an Islamic bank
Table 3.3.Comparison of Diminishing Musharakah with mortgage
Table 3.4.Rental computations in Islamic mortgage
Table 3.5.Payment schedule in Islamic mortgage
Table 3.6.Profit distribution in Islamic banking
Table 4.1.Maqasid-e-Shari’ah and sustainable development
Table 4.2.Use of Islamic finance in sustainable development goals
Table 4.3.Aggregate demand stimulants in Islamic finance
Table 5.1.Global market share in Islamic asset management
Table 5.2.Investment allocation in Islamic asset management
Table 5.3.Screening criteria of global indices
Table 5.4.Returns and volatility of Islamic and conventional indices
Table 6.1.Sukuk structures in 2017
Table 6.2.Share of top 10 countries in sovereign Sukuk issuance in 2017
Table 6.3.Share of countries in corporate Sukuk issuance in 2017
Table 8.1.Distinction between conventional insurance and Takaful
Table 8.2.Regional statistics on Takaful contributions
Table 8.3.Share of general and family Takaful
Table 9.1.Comparison of BASEL II and BASEL III
Table 9.2.Numerical illustration of CAR
Table 9.3.Computation of RWA
Table 10.1.Comparison of socio-economic indicators across country groups
Table 10.2.Microfinance outreach statistics
