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Principles of Islamic Finance

New Issues and Steps Forward

Hussein Elasrag

Business & Economics / Islamic Banking & Finance

Islamic finance is the only example of a financial system directly based on the ethical precepts of a major religion, providing not only investment guidelines but also a set of unique investment and financing products. Islamic finance is based on Shari'a, the Islamic law that provides guidelines for multiple aspects of Muslim life. This book aims to outline some potential areas to consider for all sectors of Islamic finance. In addition, the book discusses the development of Islamic finance; Explore the challenges of Small and Medium Enterprises funding , Corporate governance and Corporate social responsibility in Islamic finance. The book also discusses the existing use of blockchains in Islamic finance.

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