Read e-book online A History of Islamic Societies PDF

By Ira M. Lapidus

ISBN-10: 0521770564

ISBN-13: 9780521770569

Lengthy thought of a vintage, A historical past of Islamic Societies is now that rather more important a reference for normal readers and students alike. broadly praised for its balanced and complete account, Ira Lapidus' paintings has been totally revised in its insurance of every nation and area of the Muslim international via 2001. It comprises the origins and evolution of Islamic societies and brings into concentration the old methods that gave form to the manifold sorts of modern Islam. The concluding chapters survey the starting to be effect of the Islamist activities inside of nationwide states and of their transnational or worldwide dimensions, together with the Islamic revival, Islamist politics and terrorism. An up to date dialogue of the jobs of ladies in Islamic societies is additional, with new sections approximately Afghanistan and Muslims in Europe, the USA, and the Philippines. Ira M. Lapidus is Professor Emeritus of historical past on the college of California at Berkeley. His many books and articles comprise Islam, Politics and Social activities (University of California Press, 1988) and Muslim towns within the Later heart a while (Cambridge, 1984).

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Sophisticated products— namely, private equity and Islamic REITs, hedge funds, derivatives, Islamic asset-backed securities, and global Islamic bonds—are all being added. 7 Islamic funds have evolved into the wealth management space to cater to investors who want market exposure in conjunction with ethical, responsible investing. Investors can obviously benefit from the broad spectrum of Islamic funds. Islamic investment products have progressed over the period from 1990 to 2005. Beginning in 1990, investment products were largely equity and Murabaha funds.

While these two nations have led the charge toward the growth of the sector, other countries are following suit. Today in the Asia Pacific, the Islamic asset management industry has grown immensely in many countries, including Malaysia, Brunei, Singapore, Japan, South Korea, China, and Indonesia. Demand-driven results speak for themselves. Global investment houses today continue to aggressively develop products to provide for investors of all levels with varying needs. Boutique investment companies are also becoming an increasingly popular business model for global houses, to capture their share of the market in different countries.

With the view that Islamic finance must be a dedicated business for the long term, in 2011 the Qatar central bank announced that conventional banks had to close Islamic operations to reduce any chance of mixing of funds and obtain a separate Islamic banking license7. The FIFA 2022 World Cup will take place in Qatar and many analysts are speculating that construction and development for that will be financed through Sukuk. The South African government has been proactive in promoting South Africa as a regional Islamic financial center, with reports that the country’s National Treasury was planning to issue a debut sovereign Sukuk in 2013.

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A History of Islamic Societies by Ira M. Lapidus

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