Islamic Finance in the Global Economy

Islamic finance is growing at an astonishing rate and is now a global industry worth $1200 billion. This book explains the paradox of a system rooted in the medieval era thriving in the global economy. Coverage is exhaustively comprehensive, defining Islamic finance in its broadest, sense to include, banks, mutual funds, securities firms, and insurance [or takaful] companies.

This second edition has been completely revised and updated to take into account the great changes and developments i...