Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system.

One of the few books to view social capital from a religious perspective, Social Capital and Risk Sharing fills an important gap in finance literature. It presents a vision of a socio-economic framework discernible from the Qur'an and explores the consequences of compliance with the rules of this framework. By integrating distributive justice, rules of behavior, stock market development, economic growth, and social finance under a common theme, the authors argue that social capital is necessary to unite the ideals of Islamic socio-economic welfare with the present realities of Islamic finance...

The institution of waqf played a major role in early Islamic civilization. It involves every aspect of socio-economic life in the Muslim world. Because there is no clear legal reference to the waqf in the Qur'an, early Muslim jurists relied on the Sunnah of the Prophet (pbuh) and the actions of his companions to derive its laws. Being a deduced law, this allows a certain measure of flexibility in deriving its law from the different schools of law, to suit the different needs arising within the different Muslim societies. However, the last century witnessed its destruction for many social and...

This book analyzes Africa's unprecedented economic growth, the state of its financial sector, and the varied opportunities for Islamic finance investors.

The Book addresses theory and application of financing of government budget with non-debt creating flows through risk-sharing capital market instruments. Comparative analysis with the conventional finance will demonstrate the ability of Islamic capital market instruments to create impetus to economic stability and growth.

Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system.

This book provides an introductory theoretical foundation of the ethics embedded in Islamic economics and finance, and it shows how this ethical framework could pave the way to economic and social justice.

This book explores the relationships between financial inclusion, poverty and inclusive development from Islamic perspectives. Financial inclusion, within the broader context of inclusive development, is viewed as an important means to tackle poverty and inequality and to address the sustainable development goals (SDGs).

This book examines, in greater depth than the existing literature, the history of Islamic economic thought. It seeks to introduce Islamic views to debates surrounding critical economic concepts, such as scarcity, wealth, poverty, charity, usury, self-interest, rationality, and markets.