Includes bibliographical references and index.

1. Islamic banking : an introduction and overview / M. Kabir Hassan and Mervyn K. Lewis -- 2. Development of Islamic economic and social thought / Masudul Alam Choudhury -- 3. Islamic critique of conventional financing / Latifa M. Algaoud and Mervyn K. Lewis -- 4. Profit-and-loss sharing contracts in Islamic finance / Abbas Mirakhor and Iqbal Zaidi -- 5. Comparing Islamic and Christian attitudes to usury / Mervyn K. Lewis -- 6. Incentive compatibility of Islamic financing / Humayon A. Dar -- 7. Operational efficiency and performance of Islamic banks / Kym Brown, M. Kabir Hassan and Michael Skully -- 8. Marketing of Islamic financial products / Said M. Elfakhani, Imad J. Zbib and Zafar U. Ahmed -- 9. Governance of Islamic banks / Volker Nienhaus -- 10. Risk management in Islamic banking / Habib Ahmed and Tariqullah Khan -- 11. Islamic money market instruments / Sam R. Hakim -- 12. Trade financing in Islam / Ridha Saadallah -- 13. Securitization in Islam / Mohammed Obaidullah -- 14. Islamic project finance / Michael J.T. McMillen -- 15. Islam and speculation in the stock exchange / Seif El-Din Tag El-Din and M. Kabir Hassan -- 16. Islamic mutual funds / Said M. Elfakhani, M. Kabir Hassan and Yusuf M. Sidani -- 17. Islamic banks and economic development / Monzer Kahf -- 18. Islamic methods for government borrowing and monetary management / M. Fahim Khan -- 19. Accounting standards for Islamic financial services / Simon Archer and Rifaat Ahmed Abdel Karim -- 20. Mutualization of Islamic banks / Mahmoud A. El-Gamal -- 21. Challenges facing the Islamic financial industry / M.Umer Chapra -- 22. International Islamic financial institutions / Munawar Iqbal -- 23. Islamic financial centres / Ricardo Baba -- 24. Islamic banking and the growth of takaful / Mohd Ma'sum Billah -- 25. Islamic banking in the West / Rodney Wilson.

""The Handbook of Islamic Banking" comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization." -- Book jacket.