This book critically examines the less-studied issue of developing an Islamic banking regulatory and supervisory framework that considers the risk pressures faced by Islamic banks’ operations in an Indonesian financial sector dominated by conventional banks.

This book examines the recent developments in Islamic banking and finance, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, Halal education, Takaful, mutual funds and Waqf.

This book provides valuable insights into the practical challenges faced by the nascent Islamic finance industry and compares the Australian experience to developments in the UK.