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Islamic Business and Finance Series


About the Series

As the business and financial world undergoes rapid transformations due to innovations in artificial intelligence, machine learning, and ecosystem data analytics, the realm of Islamic banking, business, economics, and finance must also evolve to meet industry's demands. Recognizing the need for up-to-date insights and cutting-edge practices, we proudly present the "Islamic Business and Finance Series." With a rich legacy of over 35 published books to date, this ground-breaking series draws on the expertise of renowned professionals from across the globe. Each publication within the series is carefully curated and authored or edited by experts in their respective fields, spanning Islamic banking, business, economics, finance. This wealth of knowledge caters to academia, industry, intellectuals, and students, delivering invaluable insights to all. Catering to middle and senior management in both western and Islamic business communities, the series offers a treasure trove of theoretical and empirical know-how. For managers with a western background, our publications provide detailed and up-to-date briefings on crucial topics in Islamic finance and business. Simultaneously, for academics, postgraduates, and professionals in western and Islamic contexts alike, the series serves as a comprehensive guide to best practices within Islamic communities worldwide. This extends to the management of Muslim minorities in the west and majorities in other parts of the world. By bridging the gap between cultures and leveraging our collective expertise, we equip individuals with the essential tools for success in today's interconnected global business landscape. Embrace the era of technological advancements with confidence, as our series remains at the forefront of innovation and knowledge dissemination in the field of Islamic economics and finance. If you would like to discuss a potential new book for the series, please contact: Prof. Ishaq Bhatti – [email protected] – Series Editor, or Kristina Abbotts – [email protected] – Routledge Commissioning Editor The Islamic Business and Finance book series welcomes Open Access projects. Please contact Kristina Abbotts or visit https://www.routledge.com/info/open_access for more details.

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The Global Halal Industry A Research Companion

The Global Halal Industry: A Research Companion

1st Edition

Forthcoming

By Hussain Mohi-ud-Din Qadri
March 14, 2024

The word ‘Halal’ translates to ‘permissible’ in English, though it encapsulates a broader meaning that goes beyond permissibility and impermissibility. Halal incorporates hygiene, cleanliness, legality, compliance, ethics as well as cultural aspects. This book provides a holistic overview of the ...

The Law of Riba in Islamic Banking Conventional and Unconventional Approaches to Interest-Free Financing

The Law of Riba in Islamic Banking: Conventional and Unconventional Approaches to Interest-Free Financing

1st Edition

Forthcoming

Edited By Hasan Gürak, Neelambar Hatti
February 29, 2024

The issue of riba i.e., interest/the ‘excess’ or ‘surplus’ on loans is crucial for both Islamic and non-Islamic countries. Western economic systems use interest to distribute financial resources efficiently for investment and/or consumption, while Islamic economies pursue a completely different ...

Economic Capital and Risk Management in Islamic Finance

Economic Capital and Risk Management in Islamic Finance

1st Edition

Forthcoming

By Abdul Ghafar Ismail, Muhamed Zulkhibri
February 27, 2024

Economic capital is the subject of great debate among academics and professionals, within the field of risk management. Conceptually, Islamic finance's encouragement of risk-sharing eliminates the debt burden encountered by the conventional banking sector. The majority of the Islamic banking system...

Islamic Microeconomics An Introduction

Islamic Microeconomics: An Introduction

1st Edition

Forthcoming

By Lukman Hanif Arbi, M. Ishaq Bhatti
November 01, 2023

This book bridges the gap between Islamic and conventional (micro)economics by demonstrating how modern tools and theories of microeconomics can be applied to Islamic assumptions regarding economics and finance. In contrast to the tendency for Islamic economics and finance proponents to use ...

Money, Debt and Interest in Monotheistic Religions An Etymological Approach

Money, Debt and Interest in Monotheistic Religions: An Etymological Approach

1st Edition

Forthcoming

By Murat Ustaoğlu
October 24, 2023

This book offers a chronological account of the development of interest-bearing debt and how the issue of interest has been addressed throughout medieval and modern civilizations. It provides a review of the impact of these interest-bearing debt practices upon social relations and institutions, ...

Artificial Intelligence and Islamic Finance Practical Applications for Financial Risk Management

Artificial Intelligence and Islamic Finance: Practical Applications for Financial Risk Management

1st Edition

Forthcoming

Edited By Adel M. Sarea, Ahmed H. Elsayed, Saeed A. Bin-Nashwan
September 25, 2023

This book provides a systematic overview of the current trends in research relating to the use of artificial intelligence in Islamic financial institutions (IFIs), across all organization of Islamic cooperation (OIC) countries. Artificial Intelligence and Islamic Finance discusses current and ...

Institutional Islamic Economics and Finance

Institutional Islamic Economics and Finance

1st Edition

Forthcoming

Edited By Ahsan Shafiq
September 25, 2023

Institutional economics claims that institutions and policies rather than the size of labour force, technology or capital investment are pivotal for growth or under-development. In this regard there are two kinds of institutions: external institutions expressed in the form of laws, organisations, ...

Islamic Capital Markets The Structure, Formation and Management of Sukuk

Islamic Capital Markets: The Structure, Formation and Management of Sukuk

1st Edition

Forthcoming

By Imam Uddin, Rabia Sabri, M. Ishaq Bhatti, Muhammad Omer Rafique, Muhammad AsadUllah
September 25, 2023

This book offers a unique, in-depth, and up-to-date overview of Islamic banking and finance, capital markets, and sukuks at the grassroots level. It deals with one of the most potent and increasingly popular financial instruments. It defines and explores the differences between conventional and ...

Islamic Management Practices in Financial Institutions Case Studies from Islamic Economics, Banking and Finance

Islamic Management Practices in Financial Institutions: Case Studies from Islamic Economics, Banking and Finance

1st Edition

Forthcoming

By Khaliq Ahmad
September 25, 2023

This book draws on a range of theoretical foundations, approaches and management practices that are culturally and jurisdictionally appropriate in several Muslim countries. As such, it contributes to an emerging specialism in comparative management and leadership theory that is oriented toward a ...

Labor Economics in an Islamic Framework Theory and Practice

Labor Economics in an Islamic Framework: Theory and Practice

1st Edition

Forthcoming

By Toseef Azid, Umar Burki, Muhammad Junaid Khawaja, Nasim Shah Shirazi, Muhammad Tahir
September 25, 2023

The labor market in Islam is governed by the Islamic laws of fairness, justice, and reward that is equivalent to the job done. Most of the literature in the field discusses the normative aspect of the labor market, whereas few attempts can be seen to address more positive aspects. There is a need ...

The Future of Islamic Banking and Finance in Indonesia Performance, Risk and Regulation

The Future of Islamic Banking and Finance in Indonesia: Performance, Risk and Regulation

1st Edition

By Romi Adetio Setiawan
July 20, 2023

Sharia-compliance is the raison d’etre of Islamic banks. All of their instruments and activities should be based on sharia principles, which unfortunately exposes them to greater risks than their conventional counterparts, regulated under the dual banking system in Indonesia. These include ...

Shariah Governance in Islamic Banking Institutions

Shariah Governance in Islamic Banking Institutions

1st Edition

Edited By Shafiullah Jan, Muhammad Ismail
July 04, 2023

Shariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional ...

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