The book’s detailed theoretical and practical approach through discussions of historical development, current state and future prospects of the Islamic financial system offers students and general readers a well-balanced overview of Shari’ah foundations, Islamic economics and financial system, instruments and operational mechanisms used by various fi nancial institutions. The book consists of six parts, each dealing with certain areas that are of most importance for proper understanding of the Islamic financial system and its operations.
Part 1: Overview of the Islamic Financial System (Chapters 1-4).
Part 2: Shari’ah Framework and Principles for the Islamic Financial System (Chapters 5-7).
Part 3: Islamic Financial Markets (Chapters 8-12).
Part 4: Risk Management Principles and Mechanisms for the Islamic Financial System (Chapters 13-14).
Part 5: Regulation, Supervision and Governance of the Islamic Financial System (Chapters 15-18).
Part 6: Moving Forward – Opportunities, Issues and Challenges (Chapter 19).