Cover; Copyright; Contents; Figures, tables and boxes; Preface; Abbreviations; Introduction; 1. Why Islamic finance?; 2. Sources of Islamic law; 3. The Islamic economy; 4. Forms of Islamic finance; 5. Islamicbanks; 6. Special sectors; 7. Public finance and the monetary authorities; 8. Islamic finance: a tentative verdict; Appendices; References; Glossary; Index
Summary
This thoroughly updated and revised second edition analyses the ideas behind Islamic finance, the forms Islamic finance has taken in practice and the tension between the two that may occasionally arise. Along with an expanded section on the history of the ban on interest, this second edition contains a much more extensive discussion of investment and savings accounts, sukuk and tawarruq. Hans Visser aims to answer key topics on Islamic finance, ranging from the principles behind the phenomenon to the interaction of the market place with religious restrictions. How can governments finance their