The Islamic finance industry has grown significantly over recent decades and become a contender in the financial market. The defining feature of this industry is its Sharia underpinning, which provides its institutions with a different business model based on profit-loss sharing. This chapter...

Introduction : providing a different narrative: the 2008 financial crisis and the UK financial market / Abdul Karim Aldohni -- Law, creditors and crises : the untold story of debt / TT Arvind -- Peer-to-peer lending and financial innovation in the UK / David Bholat and Ulrich Atz -- High cost...

The Islamic banking sector has grown significantly over the last three decades and reached many international financial markets. As their name suggests Islamic banks are governed by the rules of Islamic law (Sharia). The Sharia compliance requirement has its implication on the nature of Islamic...

1. Introduction -- 2. The historical and ideological background of Islamic banks -- 3. Legal analysis of the English legal system in comparison to the Islamic legal system -- 4. The legal description and classification of Islamic banks under the English law -- 5. Islamic banks in practice : the...