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This text investigates the structural mechanics and operational frameworks of financial markets operating under Islamic principles. Rodney Wilson, a recognized scholar in Middle Eastern economics and finance, provides a comprehensive analysis of how these markets function within the broader global financial system. The book examines the prohibition of interest, the role of risk-sharing, and the development of specialized financial instruments that align with Sharia law. By synthesizing historical context with modern economic theory, the author presents a detailed overview of the challenges and opportunities inherent in Islamic banking.
What You Will Find
Experts identify this work as a foundational text for understanding the intersection of traditional Islamic jurisprudence and contemporary financial systems. Readers frequently note the academic density of the prose, which serves as a rigorous resource for students and professionals in the field of international finance.
Page Count:
242
Publication Date:
2012-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203115996
ISBN-13:
9780203115992
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