Islamic banking, a financial innovation, has come to be seen as the most 'visible' aspect of Islamization. Notwithstanding its novelty, it has made considerable progress, measured by the rapidity with which it has been adopted in the Muslim (even non-Muslim) countries in a relatively short...

This book, the first of its kind in terms of the reinterpretation of the existing literature on development policy and of the actual development experience using a paradigmatic framework (which is original to this book), expands on five overarching themes. Firstly, it seeks to dissipate the...