In "Understanding Islamic Finance" Muhammad Ayub introduces all the essential elements of this growing market by providing an in-depth background to the subject and clear descriptions of all the major products and processes associated with Islamic finance.

Key features include: Discussion of the principles of Islamic finance;Introduction to the key products and procedures that International Financial Institutions are using or may adopt to fund a variety of clients ensuring Sharīah compliance;Discussion of the role Islamic finance can play in the development of the financial system and...