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Islamic Banking & Finance

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Islamic Banking in Europe

Now more than ever before, the market potential for Islamic banking services in Europe is growing at a fast pace. The reason for this...

Toronto as a Hub for Islamic Finance in North America

Towards Toronto The city of Toronto is ideally placed to become an Islamic financial hub in North America: The 2008 Forbes Magazine Edition listed...

Islamic Retail Banking Operations

Introduction This chapter focuses on operational aspects of Islamic retail banking. Although retail banking practices cover a host of areas such as payment services/remittances, e-banking...

Islamic Retail Banking Products

Introduction Innovation, which is considered to be an essential requirement for the sustainable development of the Islamic banking and finance industry, has not been amongst...

Islamic Financial Products Under US Law

Introduction The United States is not sufficiently recognized for its openness to Islamic financial products and investments. Part of that openness is derived from a...

Islamic Derivatives

Introduction Derivatives are contractual arrangements between two parties, whose value is derived from a reference parameter, be it stock, commodities, indices, currencies etc. It can...

Efficiency and Profitability in Islamic Banking

Introduction Since the opening of the first Islamic bank in Egypt in 1963, Islamic banking has grown rapidly all over the world, fulfilling the...

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