Islamic Business and Finance Series
About the Book Series
As the business and financial world undergoes rapid transformations due to innovations in artificial intelligence, machine learning, and ecosystem data analytics, the realm of Islamic banking, business, economics, and finance must also evolve to meet industry's demands. Recognizing the need for up-to-date insights and cutting-edge practices, we proudly present the "Islamic Business and Finance Series." With a rich legacy of over 50 published books to date, this ground-breaking series draws on the expertise of renowned professionals from across the globe. Each publication within the series is carefully curated and authored or edited by experts in their respective fields, spanning Islamic banking, business, economics, finance. This wealth of knowledge caters to academia, industry, intellectuals, and students, delivering invaluable insights to all. Catering to middle and senior management in both western and Islamic business communities, the series offers a treasure trove of theoretical and empirical know-how. For managers with a western background, our publications provide detailed and up-to-date briefings on crucial topics in Islamic finance and business. Simultaneously, for academics, postgraduates, and professionals in western and Islamic contexts alike, the series serves as a comprehensive guide to best practices within Islamic communities worldwide. This extends to the management of Muslim minorities in the west and majorities in other parts of the world. By bridging the gap between cultures and leveraging our collective expertise, we equip individuals with the essential tools for success in today's interconnected global business landscape. Embrace the era of technological advancements with confidence, as our series remains at the forefront of innovation and knowledge dissemination in the field of Islamic economics and finance. If you would like to discuss a potential new book for the series, please contact: Prof. Ishaq Bhatti – [email protected] – Series Editor, or Kristina Abbotts – [email protected] – Routledge Commissioning Editor The Islamic Business and Finance book series welcomes Open Access projects. Please contact Kristina Abbotts or visit https://www.routledge.com/info/open_access for more details.
The Future of Islamic Banking and Finance in Indonesia: Performance, Risk and Regulation
1st Edition
By Romi Adetio Setiawan
December 18, 2024
Sharia-compliance is the raison d’etre of Islamic banks. All of their instruments and activities should be based on sharia principles, which unfortunately exposes them to greater risks than their conventional counterparts, regulated under the dual banking system in Indonesia. These include ...
Islamic Financial Institutions: An Introduction
1st Edition
By Imam Uddin, Muhammad Ali Shaikh, M. Ishaq Bhatti, Rafia Ayub
December 13, 2024
This book provides a comprehensive overview of Islamic Financial Institutions, exploring current issues, including governance, Shariah compliance frameworks and regulatory aspects, as well as the principles involved in product structuring. It offers a basic understanding of Islamic financial ...
The Islamic Finance Industry: Issues and Challenges
1st Edition
Edited
By Burak Çıkıryel, Tawfik Azrak
November 28, 2024
Islamic finance has emerged to meet the financial needs of people who seek a different approach to conventional banking and finance. Due to its late inception, Islamic finance has often been regarded as an "infant industry" compared to its traditional counterparts. Even though the Islamic finance ...
Waqf in Islamic Economics and Finance: An Instrument for Socioeconomic Welfare
1st Edition
By Muhammad Ayub, Khurram Khan, Muhammad Ismail
November 19, 2024
Waqf is emerging globally as a distinctive institution, serving as a vital bridge between societal and economic needs, and resource allocation. Waqfs functioning in some parts of the world, of a variety of assets such as cash, stocks, securities, intellectual property rights, and other financial ...
Islamic Finance, Governance and Regulation: Global Perspectives
1st Edition
By Hakimah Yaacob, Razali Mat Zin, Qaisar Ali
November 12, 2024
Islamic financial institutions (IFIs) are often criticized due to insufficient regulatory provision, thus lowering clients’ confidence in them. Additionally, few countries have well-established legislation relating to the Islamic finance industry, while others are only now developing preliminary ...
The Informal Economy and Islamic Finance: The Case of Organisation of Islamic Cooperation Countries
1st Edition
By Shabeer Khan
August 26, 2024
The characteristics, nature, determinants, and size of the informal economy differ from country to country. While much research has been carried out in the context of advanced economies, less attention has been given to developing countries, especially those in the Organisation of Islamic ...
The Islamic Economic System: Cultural Context in a Global Economy
1st Edition
By Muhammad Awais, Ali Osman Öztürk, Omar Khalid Bhatti, Nazima Ellahi
August 26, 2024
Islamic Economics refers to financial aspects or monetary activities and processes, which adhere to Islamic standards and teachings. The Islamic Economic System relates to the hypothetical development of an economy whose individuals follow the Islamic faith. This book presents an interesting and ...
Islamic Finance in the Modern Era: Digitalization, FinTech and Social Finance
1st Edition
Edited
By Hussain Mohi-ud-Din Qadri, M. Ishaq Bhatti
August 16, 2024
This book focuses on recent developments in financial technology: specifically, how FinTech affects the Islamic finance industry. It examines the challenges of Shariah compliance and explores opportunities for riba-free finance. The book describes contemporary FinTech solutions, investigating their...
Islamic Finance in the Financial Markets of Europe, Asia and America
1st Edition
By Faiza Ismail
May 27, 2024
Among international financial centres (IFCs), London is known as the ‘Western hub of Islamic Finance’, on account of its well-developed legal infrastructure. However, Brexit has threatened London’s status and consequently, the financial services industry is moving to Dublin to continue operating in...
Islamic Finance and Sustainable Development: A Global Framework for Achieving Sustainable Impact Finance
1st Edition
Edited
By Mohd Ma'Sum Billah, Rusni Hassan, Razali Haron, Nor Razinah Mohd Zain
May 07, 2024
The interest in improving Environmental, Social and Governance (ESG) outcomes among stakeholders of Islamic banking and finance has become front and centre in the discussions relating to Islamic sustainable finance. This book offers an expansive overview of the relevant issues, global initiatives ...
Islamic Sustainable Finance: Policy, Risk and Regulation
1st Edition
Edited
By Mohd Ma'Sum Billah, Rusni Hassan, Razali Haron, Nor Razinah Mohd Zain
May 07, 2024
The central idea of sustainability in the modern world is intricate and ever-changing. Closely related to the realm of finance and socioeconomic discussion, the phrase “sustainable impact finance” has become increasingly popular among bankers, practitioners, financial analysts, investors and the ...
The Law of Riba in Islamic Banking: Conventional and Unconventional Approaches to Interest-Free Financing
1st Edition
Edited
By Hasan Gürak, Neelambar Hatti
March 12, 2024
The issue of riba, that is, interest/the "excess" or "surplus" on loans is crucial for both Islamic and non-Islamic countries. Western economic systems use interest to distribute financial resources efficiently for investment and/or consumption, while Islamic economies pursue a completely different...