The article by Hamid Zangeneh and Ahmad Salam is a welcome departure in the Islamic finance literature, as relatively little has been written about the role of central banks in an Islamic financial system. The authors review the major functions of central banks, and then discuss how monetary...

There are many excellent textbooks on economics, but few that attempt to approach the discipline from an Islamic perspective. The first in English was the classic text by M.A. Mannan, Islamic Economics: Theory and Practice, (Hodder and Stoughton, 1986). This has a conventional layout, but within...