Islamic Banking in Indonesia: New Perspectives on Monetary and Financial Issues

Abstract

The subject of the book “Islamic Banking in Indonesia: New Perspectives on Monetary and Financial Issues” is of paramount importance for the academicians, market practitioners, and policy makers in the Arab and Muslim world. The importance of the book does not only stem from the fact that it deals with the peculiar specifics of the Islamic banking industry of the largest Muslim country in the world, namely Indonesia, but also because it tackles interesting issues that are common to other financial markets either in the Muslim world or in the well-functioning financial markets. The book is intended to be a reference for graduate students in Islamic banking and finance programs. The author organizes the book in a coherent manner that helps the readers to start with the basics of the Islamic industry in a general set-up to understand sophisticated quantitative and econometric issues. I do believe that the book will positively echo in South-Asia financial markets. It will further play an operative role in the practice of Islamic banking.

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