Islamic Banking Finance and Insurance

This insightful book offers a clear and accessible introduction to the world of Islamic finance, covering its principles, practices, and global applications across 12 focused chapters. From Islamic banking and investment to takaful (Islamic insurance) and sukuk (Islamic bonds), the book explains how financial systems operate within Shariah law while highlighting key differences from conventional finance.

A practical and informative guide for understanding the growing field of Islamic finance worldwide. Author Salahuddin Ahmed blends theoretical foundations with real-world examples from the Middle East, Africa, South Asia, and beyond, making this an essential resource for students, professionals, and anyone interested in ethical financial systems.

Key chapters include Chapter 7, which explores Islamic bonds (Sukuks), a modern innovation in Shariah-compliant finance. Chapter 8 focuses on Islamic funds, financial services, and indexing. Chapter 9 discusses Islamic mortgages, now available in countries such as the UK and USA. Chapter 10 highlights the role of institutions like the Islamic Financial Services Board (IFSB), while Chapter 12 examines the Islamic Development Bank (IDB) and its operations across various nations.

Author Salahuddin Ahmed

604 pages