The foundations of Islamic banking: Theory, practice and education
Date of this Version
This comprehensive book brings together eminent Islamic finance scholars to explore the theory, principles and practices underpinning the rapidly expanding field of Islamic banking. They examine the roots of ethical Islamic financial transactions that have evolved over several millennia, including usury, interest rates and financial contracting and transactions. Regulatory and governance issues are discussed, and the practice and operation of Islamic financial institutions are related via case studies of three different types of financial institutions. Importantly, the final chapter looks at what investment is being made to provide professional accreditation to Islamic banking personnel, and prescribes requirements for training in this key and growing industry.
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This document has been peer reviewed.