Books

Part one discusses riba in terms of its definition, how it is applied and the scope it reaches. Further sections outline how the Islamic banking system functions, the instruments used for financing, and how the Islamic system differs from conventional banks.

This work first presents the concept of risk management as it more generally applies to the financial industry, and then applies these principles to Islamic finance. A survey on the use of risk management was conducted amongst Islamic financial institutions. The regulatory and fiqh-related issues are also covered, including market and credit risks.

This book discusses a study done on the role of microfinance in poverty alleviation. This study proposes a two-pronged strategy to poverty alleviation through micro-enterprise development in membership countries of the Islamic Development Bank, basing their strategy on the dichotomy between livelihood and growth enterprises. The focus of the study is on provision of shari‘a-compliant financial services and enterprises.