Description

The book provides a global overview of the current position and the activities of Islamic banks, Islamic financial institutions and Islamic insurance (takaful), focusing mainly on the Middle East, Africa and South and South East Asia. Not only will readers become familiar with such concepts as usury (riba) and what constitutes permissible (halal) and impermissible (haram) transactions, but they will also learn about the activities of the organisations around the world involved in representing global Islamic finance. The book is useful to those engaged in or associated with Islamic BANKING, finance and insurance, to students of these and to anyone who simply wants to gain a deeper understanding of these.

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