Islamic banking and finance in the European union : a challenge /
Edited by M.Fahim Khan, Mario Porzio.
- Cheltenham, UK : Edward Elgar Publishing, c2011.
- x, 241 p ; 23 cm.
- Studies in Islamic finance, accounting and governance .
This useful and highly relevant volume contains 16 chapters, divided into sections, with an introduction by Khan (Riphah International U., Islamabad, Pakistan) and Porzio (banking law, U. of Naples "Federico II" Italy). Following the historical overview of the first chapter, the volume turns to chapters providing an overview on the models and practice of Islamic banking, their approach to socially responsible investment, and the challenge of regulating Islamic banks in Europe. The challenge of Islamic banking within European systems is the subject of a separate section, with topics that include a close reading of the 'duty of accommodation' in the U.S. Constitution that questions its usefulness in formulating European law and a comparison of Islamic banking and conventional banking. Specific cases from Germany, the UK, France, and Italy conclude the volume, with attention to laws and supervision.