Institutional constraints to counter potential abuses in the use of political power have been viewed as essential to well functioning political institutions and good public policy outcomes in the Western World since the time of ancient Greece. A sophisticated intellectual tradition emerged to...

"Providing a comprehensive account of the progress, potential and challenges facing Islamic finance in Eurasia, this prescient book explores Islamic finance's history and development across the Asian and European continents and argues that in order for this market to continue to prosper,...

"[This book] is a groundbreaking book examining innovative approaches to fund public health in non-Islamic countries, focusing on Kenya. The author explores the concept of zakat, an Islamic wealth tax, as a potential revenue source. The book emphasizes the importance of understanding local...

Frontmatter -- Acknowledgment -- Prologue -- Contents -- 1 Introduction -- 2 Al-Bay’: The System and its Contractual Mechanisms -- 3 Risk Sharing as a Mechanism of the Al-Bay’ System -- 4 Applying Risk Sharing to Intangible Asset Financing -- 5 Conclusion -- References