The first edition of Islamic Financial System: Principles & Operations has been well received by various stakeholders of Islamic finance including academics, practitioners and regulators. The book has also become a main textbook for students of Islamic finance in various institutions of higher learning. To improve its quality and to maintain its relevance to the market, the contents of this second edition have been updated in line with the latest developments in global Islamic financial practices. The format of each chapter has been standardised for easy reading and reference. This revised edition also offers clearer explanations, illustrations and examples giving greater clarity to readers.
The Islamic Financial System: Principles & Operations (2nd Edition) textbook marks another milestone of a collaborative effort between prominent scholars and practitioners of the Islamic finance industry. It sheds light on the front-line issues faced by the Islamic finance industry with academic rigor. Each chapter in the book is complete with figures, diagrams, tables, case studies, exhibits, a set of review questions and problems and a list of references for further reading. It offers invigorating discussion on a comprehensive range of topics related to Islamic finance, combining both theoretical foundations and operational aspects. Among the key topics covered in this book include:
This textbook is a representation of the continuous and relentless commitment by the International Sharīʿah Research Academy for Islamic Finance (ISRA) to enhance the talent pool of the Islamic financial services industry and to enrich its academic resources.
