M. Iqbal,David T. Llewellyn's Islamic Banking and Finance: New Perspectives on Profit PDF

By M. Iqbal,David T. Llewellyn

Over 2 hundred Islamic banks - together with the various greatest multinational banks - now function in non-Muslim in addition to Muslim international locations. This paintings discusses Islamic monetary idea and perform, and specializes in the possibilities provided via Islamic finance in its place approach to monetary intermediation. Key gains of profit-sharing (as against debt-based) contracts are highlighted, and the ways that they could facilitate more advantageous potency and balance of a economic climate are explored.

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Islamic Banking and Finance: New Perspectives on Profit Sharing and Risk by M. Iqbal,David T. Llewellyn


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