Preface -- Nature and dangers of statism -- The government from a sharia perspective -- Sharia free market model -- Zakat : a mandatory redistributive principle of a Sharia model -- Fiscal policy from a sharia perspective -- Nature of money in sharia -- On the nature of inflationary financing --...

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...