Introduction to Islamic Banking and Finance is a succinct guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking. This book describes how Islamic banking is consistent with the Sharia'a, a key element of which is the prohibition on collecting and paying in- terest. Although estimates of the size of the Is- lamic finance industry vary greatly, everyone agrees that it is expanding rapidly and this is the perfect book for anyone looking to under- stand the industry
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