Islamic Finance

by M. Kabir Hassan (Editor), Mervyn K. Lewis

'The editors, who have been involved for many years in Islamic finance, have done an excellent job in bringing this collection together. It provides valuable source material for researchers and students of Islamic finance, and will be an essential purchase for libraries that have specialist works in this field, as well as for those that lack such collections, but which need to provide support material for lone researchers or small student groups.'
- Rodney Wilson, Durham University, UK

Islamic finance refers to methods of undertaking banking and financial transactions that are in conformity with the precepts of Islam. As such, the system offers a challenge to conventional Western ways of thinking about financing. This indispensable set of papers brings together the most important previously published papers on the subject of Islamic Finance from the last four decades. Issues explored include: the prohibition on interest; financing instruments; accounting and regulatory issues; institutional structures and recent developments.

704 pages, Hardcover

First published September 1, 2007