ISRA and SC launch joint publication on Islamic Capital Markets

26/05/2015 17:12 AST

The International Shari’ah Research Academy for Islamic Finance (ISRA) and the Securities Commission Malaysia (SC) today launched a joint publication on “Islamic Capital Markets: Principles and Practices.”

The Islamic capital market textbook was launched by the SC Deputy Chief Executive Dato Dr. Nik Ramlah Mahmood at the IFN Asia Forum in Kuala Lumpur on 26 May 2015. Khazanah Nasional Berhad is a co-sponsor of this initiative.

The Islamic capital market has evolved substantially over the past three decades and it has expanded in terms of diversity of stakeholders, infrastructure, products and services, capabilities as well as its geographical reach. The launch of the textbook, the publishers say, is timely in view of the expanding role of the Islamic capital market across the globe.

According to the SC, the impressive growth in Islamic finance globally has created a strong demand for Islamic finance professionals, including those trained in the Islamic capital market, to help develop and drive the industry forward.

The textbook “Islamic Capital Markets: Principles and Practices” offers in-depth body of knowledge on Islamic capital markets. The textbook articulately and critically presents the theories and concepts of Islamic capital markets without losing sight of their practical aspects. Written by prominent scholars, academics and industry experts, the textbook features contemporary issues facing the Islamic finance industry, using various case studies to show how theory interacts with practice.

CPI Financial