A comprehensive guide to mitigating risk and fostering growth in the Islamic financial sector Islamic finance, like conventional finance is a business of financial intermediation. Its distinctive features relate to the requirement that it abides by Shari'a rules that promote fairness of...

Over the last three decades, the concepts of Islamic finance and Islamic economics have captured the attention of researchers. The growing market for transactions compatible with Islamic law (Shari-áh) is further evidence of growing interest in this mode of finance. By some estimates, the total...

Frontmatter -- Preface -- Contents -- Chapter 1: On the Logical Character and Coherence of Islamic Economics -- Chapter 2: Consilience as Islamic Methodology of Tawhid: The General Socio-Scientific Framework -- Chapter 3: Economics for a Better Future -- Chapter 4: Game-Theoretic Investigation...

In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Qur'ān and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure,...