Preface; Contents; List of Figures; Part I Islamic Finance: Rationale, History, Instruments and the Legal Framework; Reference; 1 Introduction; 1.1 Overview; 1.2 The Two Worlds of Finance; 1.3 The Rationale of Islamic Finance; 1.3.1 The Development of Islamic Banking Worldwide; 1.3.2 IBF in the Middle East;...

This book provides researchers and students with an understanding of the basic legal tenets of the Islamic finance industry, studying the real economic effects of those tenets using the tools of the modern economic theory. Split into four parts, the book begins with an introduction to the...

Evolution of Islamic finance industry & capital markets -- Development of sukuk in Islamic capital markets -- Differentiating between conventional bonds & sukuks -- Shariah perspective on sukuk -- Common structures of sukuk -- Sukuk development in Pakistan -- Growing opportunities in the sukuk...

Evolution of Islamic finance industry & capital markets -- Development of sukuk in Islamic capital markets -- Differentiating between conventional bonds & sukuks -- Shariah perspective on sukuk -- Common structures of sukuk -- Sukuk development in Pakistan -- Growing opportunities in the sukuk...

"The development of Islamic banking and finance was previously centred around three regions of the world, the Middle East, South East and South Asia. However, in recent years, this has expanded, as interest in IBF has gained momentum in Australia, the USA and Europe, especially the UK. Several...