This book examines whether Islamic finance and Islamic economics is challenging the orthodoxy of the money markets. Can ethical finance combined with the prohibition on interest and speculation really work in the global economy? With a political economy approach, the book explores how the...

Introduction - Is there an alternative? -- 1 In the beginning -- 2 From the swinging '60s to AI - the emergence of Islamic finance -- 3 2008 financial crisis - Did Islamic finance outperform traditional finance? -- 4 Murabaha, Salam and Takaful - Do these models reflect Islamic finance values?...