Full Description
This book examines the convergence of Islamic legal principles and modern financial systems, covering the fundamental principles of Islamic finance and banking, and how they are practically applied within the banking sector.
Using real-world examples to discuss the operation of contracts, partnerships, and risk-sharing arrangements while adhering to Islamic law, the book details Sharia-compliant banking and finance both in theory and practice. With an international perspective, the book analyses Islamic Banking law in countries such as the UK, Malaysia and India, covering their respective legal framework and regulations in detail. It also delves into the history of banking law in each country, alongside topics such as taxation, corporate governance and regulatory practice.
The book will be of interest to students and scholars in the field of Islamic law, banking and finance law.
Contents
Introduction
1. Conceptualising Islamic Law on Banking: Integrating Faith and Finance
2. Islamic Banking in Practice: Contracts, Compliance & Control
3. Islamic Banking Worldwide - A Cross-Continental View
4. Malaysia's Islamic Banking System: Legal Framework and Institutional Success
5. The United Kingdom's Model of Islamic Banking: A Secular Approach to Islamic Finance
6. Islamic Banking in India: Legal Barriers, Missed Opportunities, and the Case for Reform
Conclusion
