Risk and regulation of Islamic banking

Risk and regulation of Islamic banking edited by Mervyn K. Lewis, Mohamed Ariff, Shamsher Mohamad - xiii, 320 p. : ill. ; 25 cm. - Foundations of Islamic finance .

Includes bibliographical references and index.

From a single product offering in 1963, the Islamic financial services industry has grown to an estimated $1.6 trillion in assets. Products must comply with profit and risk-sharing criteria and regulations preventing banks from venturing into activities with high risk and excessive uncertainty. This timely volume analyses these matters and considers the range of new products, discussing both conceptual and practical dimensions.

9781783476121 1783476125 (hbk.)

2014938812


Banks and banking--Religious aspects--Islam
Finance and Accounting

332.1091767