Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic...

There is no doubt that the rate at which sukuk financing has been accepted in different jurisdictions outside the usual Muslim-majority countries is encouraging. This seemingly considerable feat comes with much responsibility and a proactive role for Shar_‘ah scholars and regulators. The...

The chapter presents a discussion of the financial literature on Islamic private equity (PE) financing modes under moral hazard. We focus on Mudarabah and Musharakah financing methods based on a contractual approach and analyze how and when profit and loss sharing (PLS) financing methods can...

The halal food industry is a potential sleeping giant. The 1.3 billion or more Muslims in the world represent 20 to 25 percent of the world’s market, and with 57 countries in the Organization of the Islamic Conference (OIC) the need for halal foods, cosmetics, and pharmaceuticals is large...

Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic...

Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic...

This chapter elaborates the roles and responsibilities of Shari’ah scholars in developing Islamic finance. It examines the expected qualities of Shari’ah scholars in supervising and guiding Islamic financial institutions. It shows difference practices of Islamic finance...

Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic...

Morality involves differentiating right from wrong and making judgements. Islamic teaching can guide these judgements, enabling the faithful to appreciate what is halal and avoid the temptations of the haram. This moral code can be applied to economic choices, with Islamic teaching providing...

Handbook on Islam and Economic Life is a unique study, one of the first of its kind to consider Islam within a broader economic sphere. Covering a wide breadth of topics and research, it explores how Islam impinges upon and seeks to shape major aspects of economic life including economic...