Islamic Banking and Finance: Current Developments in Theory and
Author: Munawar Iqbal
Publishing House: The Islamic Foundation (UK)
This book is an attempt to provide an overview of such developments, which were discussed in the 4th International Conference on Islamic Economics and Banking held at Loughborough University, UK during August 13-15, 2000. The book particularly discusses the performance, prospects and challenges facing the Islamic financial industry and highlights the opportunities offered by Islamic financial instruments as an alternative way to financial intermediation.
Decision making under uncertainty
Social norms and trading rules: the means to reduce moral hazard in Islamic financial products
Incentive-compatible profit-sharing contracts
Regulation of the stock market in an Islamic economy and more…