Islamic Finance: A Practical Introduction

Pitch for review to pre-pubs and magazines such as Islamic Horizons, Journal of Islamic Studies, and Journal of Islamic Philosophy as well as other scholarly journals and magazines Display at the Middle Eastern Studies conference, American Library Association Conference, and American Academy of Religion Include in the Cultural and Ethnic Studies CBSD subject catalog Special marketing approach to economic think-tanks, organizations, and noted scholars in economics and Middle Eastern Studies

This book aims to introduce and explain the major theories, systems and applications of Islamic finance in an easy and practical way.Islamic finance and banking is governed by the tenets of Islam and is based upon the principles of the Shariah that constructs a code of conduct for Muslims to adhere to when managing their lives, including their finances. Therefore, when understanding the basis of the principles of Islamic finance one has to consider the fact that Muslims believe that economic transactions should take place responsibly, ethically and with the remembrance that Allah (God) is the owner of all wealth.