The notion of "trust" as social capital and an intangible asset has been discussed in the literature for some time but the financial crisis of 2007-8 has highlighted the significance of "trust" with respect to corporate governance, business ethics, confidence in leadership and policy-makers, and...

More than 200 Islamic financial institutions (IFIs) operate in 48 countries. Their combined assets exceed $200 billion, with an annual growth rate between 12 percent and 15 percent. The regulatory regime governing IFIs varies significantly across countries. A number of international...

This book provides an introductory theoretical foundation of the ethics embedded in Islamic economics and finance, and it shows how this ethical framework could pave the way to economic and social justice. It demonstrates how Islamic finance-a risk-sharing and asset-backed finance-has embedded...

Introduction -- The economic system -- Financial contracting and riba (interest) -- Financial instruments -- Financial intermediation -- The Islamic financial system -- Islamic financial services industry -- Capital markets -- Financial engineering -- Risk management of Islamic financial...

The first book to offer comprehensive coverage of Islamic finance and banking and its applications to the rest of the world, now fully revised and updated The ongoing international financial crisis has reignited debate over the development of a risk-sharing financial system, such as that...