Islamic Finance
Principles, Performance and Prospects

Editors: Tina Harrison, Essam Ibrahim



Explores challenges and opportunities in international Islamic finance and banking

Provides a comprehensive theoretical framework for Shariah governance in Islamic financial institutions

Provides comparative studies on conventional and Islamic finance products and services

Explores Islamic finance and banking within the European context

Explores issues of productivity, technology and efficiency in Malaysia

Includes a case study on the awareness of Islamic banking products among Muslims in Australia

This book demonstrates how the global market for Islamic financial services has shown strong growth in recent years and shown remarkable resilience during the global financial crisis. Drawing on a range of international perspectives from the Gulf Cooperation Council countries, Malaysia, Pakistan, Australia and Europe, this book explores the characteristics and performance of Islamic finance and banking and discusses future prospects.  It offers a comprehensive theoretical framework for Shariah governance in Islamic financial institutions, explores Shariah-compliant equities, as well as issues in productivity, technology and efficiency. It includes a number of comparative studies on Islamic and conventional banks, Islamic and conventional unit trusts, and Islamic and conventional banks’ product mixes. The challenges and opportunities for the expansion of Islamic finance and banking into Europe are explored through the contexts of the UK, Germany and Italy.

Table of contents

Front Matter

Introduction

Toward a Comprehensive Theoretical Framework for Shariah Governance in Islamic Financial Institutions

Do Customers Patronize Islamic Banks for Shari’a Compliance?

Bank Image in the UAE: Comparing Islamic and Conventional Banks

Bankers’ Perception towards Bai Salam Method for Agriculture Financing in Pakistan

Bank-Level Stability Factors and Consumer Confidence — A Comparative Study of Islamic and Conventional Banks’ Product Mix

A Comparative Performance of Conventional and Islamic Unit Trusts: Market Timing and Persistence Evidence

Shariah-Compliant Equities: Empirical Evaluation of Performance in the European Market during Credit Crunch

Awareness of Islamic Banking Products among Muslims: The Case of Australia

Challenges and Opportunities for Islamic Retail Banking in the European Context: Lessons to Be Learnt from a British-German Comparison

Developing the Islamic Financial Services Sector in Italy: An Institutional Theory Perspective

Back Matter