Introduction : the significance of policy -- Institutional perspective of Islamic economics -- Economic and social justice : a policy objective in Islam -- Risk sharing finance and the role of public policy -- Lessons from financial crisis : a policy failure? -- Financial and capital market...

There are more than one billion Muslims in the world and they account for roughly 5 per cent of the world's GNP. Some people estimate that Islamic banking will be responsible for managing up to 50 per cent of savings in the Islamic world within the next five to ten years. Recent developments in...