The author recommends a model of self-reliant system of trade relations based on a set of rules and incentives to produce a balanced structure of the intra-group trade and to prevent the polarization and concentration of costs and benefits of integration.

The Study starts by asking some fundamental qustions as to what role Islamic finance can play in socio-economic development, how similar or different it is from the conventional finance, and how its effectiveness can further be enhanced. The study analyzes the channels of impact of Islamic...

The book pinpoints the failure of conventional finance in providing inclusive growth to the world economies and explores the potential of Islamic Finance to generate equitable and sustainable economic development in the low income countries. This potential role of Islamic finance is discussed in...

The book outlines an Islamic approach to hedging, with detailed discussions of derivatives, gharar and financial engineering. It accordingly suggests several instruments for hedging that are consistent with Shariah princples.

The Study starts by asking some fundamental qustions as to what role Islamic finance can play in socio-economic development, how similar or different it is from the conventional finance, and how its effectiveness can further be enhanced. The study analyzes the channels of impact of Islamic...

This book is a research study that outlines briefly the different opportunities for Islamic finance in Africa for Islamic finance investors and the financial system in Africa and its economic development. This study treats also the challenges facing the development of Islamic finance in Africa.