Global Insights into Islamic Law on Banking

This book examines the convergence of Islamic legal principles and modern financial systems, covering the fundamental principles of Islamic finance and banking, and how they are practically applied within the banking sector. Using real-world examples to discuss the operation of contracts, partnerships, and risk-sharing arrangements while adhering to Islamic law, the book details Shariah-compliant banking and finance in both theory and practice. With an international perspective, the book analyses Islamic banking law in countries such as the U.K., Malaysia, and India, covering their respective legal frameworks and regulations in detail. It also delves into the history of banking law in each country, alongside topics such as taxation, corporate governance, and regulatory practice.The book will be of interest to students and scholars in the field of Islamic law, banking, and finance law.