Books

Analyzes the risk in Islamic finance, including the nature of risks, capital adequacy, securitization, and capital markets. Also evaluates the role of corporate governance in regulating the industry and managing risk.

Contextualizes the emergence of Islamic finance within both Islamic law and modern financial norms and practices, focusing on both principles and current practice. Concludes with advise for the industry regarding restructuring risk-management and diversifying portfolios.

Attempts to examine the potential of money to acquire intrinsic growth in the Islamic economic system given the Sharia prohibition of riba, and to integrate the monetary sector into the real sector in Islamic finance.

Argues that the basis of Islamic finance upon equity financing and risk sharing creates an industry inherently more stable than conventional financial systems. For example, conventional financial systems open themselves up to instability by transmitting interest rates, speculation, capital flows, and international credit default swaps and acquisition of toxic assets.

Recounts the relatively simultaneous emergence of globalization and the Islamic finance industry. Analyzes empirical evidence of the impact of globalization on

Defines concepts and principles essential to the Islamic Finance industry as well as answering frequently asked questions regarding the practice and real-world application of Islamic finance.

Argues that a new brand of American banking for people of all faiths (especially Abrahamic) is a viable expansion of the theories behind Islamic banking. This brand, Riba-Free (RF) banking, is based in principle on the prohibitions of interest found in the Jewish and Christian Bibles and the Quran.

Explores the establishment of Islamic finance as an industry, with emphasis on its current limitation to banking only. Critically reviews the industry, with special emphasis on improvements in governance, institutions, public finance, and development.