Fundamentals of Islamic Finance and Banking

This book will cover the most important topics related to Islamic finance and banking (IF) that are relevant for students of business, Finance and Banking, as well as Islamic Finance and Banking. The book will begin with the historical background of Islamic finance, its relation to Islamic economics, and the principals of Sharia Law as pertinent to finance and banking. Next, it would discuss Islamic banking vis a vis conventional banking and elaborate the six key Islamic banking products ldash; Murabaha, Mudaraba, Musharaka, Ijara, Salam and Istisna. The book will also include chapters on Takaful and Sukuk.