| Islam has a very specific approach to commercial transactions, the law of contract, interest charges, indeed to the very nature of property. For financial institutions operating in an Islamic environment or seeking to meet the requirements of communities committed to Islamic law, this poses a variety of problems. This book investigates how such a challenge can be met in practice. Drawing on detailed studies of Islamic banking in London, Jordan, Turkey, Malaysia and Pakistan, the authors provide an understanding of how complex Islamic concepts impact upon the use of financial instruments, commercial priorities and services. |