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Book cover for Understanding Shari'a Finance

Understanding Shari'a Finance

The Muslim Challenge to Western Economics

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This book explains how the last twenty years has witnessed the rise of a distinctively Islamic financial system which has developed into a major player on the world economic stage. Muslim scholars, clerics and financial organisations have generated a wide range of alternative economic products initially in the Muslim world and now more recently in the West. This is developing into an increasingly lucrative market. This book draws out the implications for global finance and politics.