Handbook of Islamic Banking

Edited by M. Kabir Hassan, Professor of Finance, Department of Economics and Finance, University of New Orleans, US and Mervyn K. Lewis, Emeritus Professor, University of South Australia and Emeritus Fellow, Academy of the Social Sciences in Australia

• Contents:1. Islamic Banking: An Introduction and OverviewM. Kabir Hassan and Mervyn K. LewisPART I: FOUNDATIONS OF ISLAMIC FINANCING2. Development of Islamic Economic and Social Thought Masudul Alam Choudhury 3. Islamic Critique of Conventional FinancingLatifa M. Algaoud and Mervyn K. Lewis 4. Profit-and-loss Sharing Contracts in Islamic Finance Abbas Mirakhor and Iqbal Zaidi5. Comparing Islamic and Christian Attitudes to Usury Mervyn K. Lewis PART II: OPERATIONS OF ISLAMIC BANKS6. Incentive Compatibility of Islamic Financing Humayon A. Dar7. Operational Efficiency and Performance of Islamic BanksKym Brown, M. Kabir Hassan and Michael Skully8. Marketing Islamic Financial Products Said M. Elfakhani, Imad J. Zbib and Zafar U. Ahmed9. Governance of Islamic Banks Volker Nienhaus 10. Risk Management in Islamic Banking Habib Ahmed and Tariqullah KhanPART III: INSTRUMENTS AND MARKETS11. Islamic Money Market Instruments Sam R. Hakim 12. Trade Financing in Islam Ridha Saadallah 13. Securitization in Islam Mohammed Obaidullah 14. Islamic Project Finance Michael J.T. McMillen 15. Islam and Speculation in the Stock ExchangeSeif El-Din Tag El-Din and M. Kabir Hassan16. Islamic Mutual Funds Said M. Elfakhani, M. Kabir Hassan and Yusuf M. SidaniPART IV: ISLAMIC SYSTEMS17. Islamic Banks and Economic Development Monzer Kahf 18. Islamic Methods for Government Borrowing and Monetary ManagementM. Fahim Khan 19. Accounting Standards for Islamic Financial Services Simon Archer and Rifaat Ahmed Abdel Karim 20. Mutualization of Islamic BanksMahmoud A. El-Gamal 21. Challenges Facing the Islamic Financial Industry M. Umer Chapra PART V: GLOBALIZATION OF ISLAMIC BANKING22. International Islamic Financial Institutions Munawar Iqbal 23. Islamic Financial Centres Ricardo Baba 24. Islamic Banking and the Growth of Takaful Mohd Ma’sum Billah 25. Islamic Banking in the West Rodney Wilson Index