Islamic Finance : A Practical Guide, Third Edition

Demand for finance compliant with Sharia and an increasing alignment between the Islamic finance and the ethical finance movement has led to unprecedented and accelerating growth in Islamic finance.This is evidenced not only by the size of the Islamic finance market, but also by the growing range of Islamic finance providers in addition to Islamic banks and the increasing range of sophisticated products and services.The markets for Shariah-compliant funds and takaful (Islamic insurance) are sectors in their own right.Tech has played its part in that growth and with the exponential growth in AI has come increasing awareness of ethics. Today, Islamic finance attracts sovereigns, financial institutions, multinationals, corporates and customers across the retail spectrum who are looking to tap Islamic liquidity from sukuk (Islamic bonds), corporate, retail, acquisition, funds, development and project financings. This third edition features fully updated, insightful chapters by leading prac