Given the propensity of the world financial system to crisis, this book explores the radical
alternative put forward by Islamic (and Western) theories of non-interest banking. The …

The practice of Islamic finance significantly departs from its theory. The survey addresses the
causes of the dichotomy and offers alternative research approaches and themes that may in …

DEBT VERSUS EQUITY FINANCING Page 1 MIDDLE EAST Poucv, VOL. IX, No. 1, MARCH
2002 PRINCIPLES OF ISLAMIC BANKING: DEBT VERSUS EQUITY FINANCING Mohammea’ …

The prohibition of interest is the feature of Islamic banking which most distinctly sets it apart
from conventional banking. To Western eyes, this seems a strange restriction, but Christian …

Three decades have passed since the first Islamic bank began its operations in Mit Ghamr,
Egypt, and more than a decade has passed since the Islamic Republics of Iran and Pakistan …

This book explores the theoretical and practical features of Islamic banking. Using Pakistan
as a detailed illustration, the text discusses recent developments and future prospects …

Islamic banking as an industry has seen phenomenal growth since its rebirth in recent times,
posting constant double-digit growth. It has not only transcended in Muslim world but has …

The Handbook of Islamic Banking comprises 25 studies by leading international experts on
Islamic banking and finance specially commissioned to analyse the various debates and the …

Defines an Islamic bank, notes their rapid growth in the last twenty years and explains the
financial instruments they use to conform with the prohibition on interest. Considers how …

In the last quarter of a century, there has been a great interest in the Islamic banking system
both at private and public levels. There is an earnest and widespread desire to understand …