Contemporary Issues in Islamic Social Finance

The growth of Islamic banking and finance (IBF) has expanded to Australia, the USA, and Europe, with Western market players establishing Islamic window or subsidiaries to cater to the growing Muslim populations. This book examines the recent developments in IBF, particularly in the context of Islamic social finance instruments, such as Islamic microfinance, halal education, takaful, mutual funds, and waqf. It covers the religiosity, spirituality, and tawhid index, which promotes social well-being and empowerment. It is interdisciplinary and examines topics such as innovation in Islamic social finance instruments, advanced techniques of risk mitigation in Islamic capital markets, marketing and the halal industry, and shariah-compliant instruments. It is an essential reference text for academics and research students in IBF.

Format: Paperback / softback
Length: 358 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

The evolution of Islamic banking and finance (IBF) has witnessed a remarkable expansion in recent years, extending its reach beyond the traditional strongholds of the Middle East, Southeast Asia, and South Asia. This surge in interest has been particularly notable in Australia, the United States, and Europe, particularly the United Kingdom. As a result, several Western market players have established their own Islamic window or subsidiaries to cater to the growing Muslim populations in these regions.

In this comprehensive book, we delve into the latest developments in IBF, focusing on Islamic social finance instruments such as Islamic microfinance, halal education, takaful, mutual funds, and waqf. We explore the religiosity, spirituality, and tawhid index, which serve as pillars of social well-being and empowerment within the Islamic framework. The book adopts an interdisciplinary approach, presenting theories, practices, and key issues simultaneously, introducing fresh ideas and techniques to the IBF community.

Furthermore, we examine critical topics such as innovation in Islamic social finance instruments, advanced techniques of risk mitigation in Islamic capital markets, marketing and the halal industry, and shariah-compliant instruments, which are essential to the development and growth of Islamic finance. This book serves as an invaluable reference text for academics and research students pursuing advanced studies in IBF at the masters and doctorate levels.

As the global landscape continues to evolve, Islamic banking and finance are poised to play an increasingly significant role in shaping the financial landscape of the future. By examining the latest developments and emerging trends in IBF, this book provides valuable insights and perspectives for scholars, practitioners, and policymakers alike.

Weight: 703g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367505233