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This book discusses the Islamic finance trading framework. It compares and contrasts conventional trading frameworks with Sharia compliant trading frameworks, explores trading under Islamic commercial law, trading practices and financial transactions prohibited under Islamic law, and profit making in Islam. In addition, it addresses related issues in government interventions, market structure, and business ethics and will be of interest to academics, researchers, and students of Islamic finance and banking.

Commercial law (Islamic law) --- Finance, Public—Islamic countries. --- Islamic Finance.

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This book discusses carefully selected topics in Islamic banking and finance (IBF) in South Eastern Europe (SEE) as one of the fastest growing areas in global finance. IBF originated within various Islamic banks, Islamic windows, investment funds, Takaful companies, and other financial institutions and has resulted in various global products. Although it is still in an early phase in SEE, IBF has developed rapidly in the last decade and has created a need for research on related topics, from the fundamental principles of IBF to the SCR, endowments and investment instruments to Islamic banking practices. This is our second book published as a result of the Sarajevo Islamic and Finance conferences (SIFEC). This conference traditionally gathers Islamic banking, economics, and finance academicians, experts, and students all over the world who discuss a wide range of topics in this field, focusing on the SEE. Consisting of seven chapters presenting original research, this book is a valuable resource for researchers as well as for practitioners and potential investors in IBF, especially in SEE. Velid Efendic is an Associate Professor in the field of finance at the University of Sarajevo (UoS), Bosnia and Herzegovina. He was involved in the establishment and management of the Banking Academy and Center for Islamic Economics Banking and Finance at UoS, where he serves as the Head. Since 2013 he serves as the head of the international Joint degree MA programme “Islamic Banking” in collaboration between UoS and University of Bolton, UK. In 2017, Efendic was appointed as a Management Board member in the Banking Agency for supervision and regulation of banks in the Federation of Bosnia and Herzegovina (FBiH) for the mandate of five years. He has been engaged as a consultant and researcher in many research and investment projects in a variety of public, private, and non-governmental, national, and international institutions and companies. For the last ten years, Efendic was the head, author, organizer, and lecturer at many practical/professional seminars and training courses in various fields of banking and Islamic banking and finance. He is one of the founders of the European Association for Islamic Economics, Banking and Finance.

Finance --- Religious aspects --- Islam. --- Finance, Public—Islamic countries. --- Economic development projects—Finance. --- Islamic Finance. --- Development Finance.

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Islamic finance has grown exponentially since 1963 and has reached more than 70 countries around the world with the asset size of about $2.5 trillion. The Islamic financial system today comprises a sizable asset base and there is evidence of sustained demand for Islamic financial products and services in the global market, with demand outstripping supply. This book provides a new source of understanding of the Islamic financial products in view of facilitating academia, industrialists, professionals, product designers, students and policymakers globally. There is a mass of literature on Islamic finance available to the market, but very little research is found in the form of book exclusively on Islamic financial products and their structures. Thus, this book is a timely contribution to the global market with Islamic financial product solutions.

Finance, Public—Islamic countries. --- Investment banking. --- Securities. --- Islamic Finance. --- Investments and Securities.

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The Islamic finance and banking industry have been a successful alternative to conventional banking for the people who seek financial services that comply with Islamic law. The assets of financial institutions that follow the Islamic law nearly doubled from 2008 to 2016 to reach around 1,500 billion USD in 2016. Islamic finance is not only limited to countries with a Muslim majority but has also presence all over the world including the western countries. Luxembourg has introduced bonds that comply with Islamic laws to attract Muslim investors, and several western banks started offering financial products that are compliant with Islamic laws. 
This paper attempts to compare the difference in performance between Islamic banks and conventional banks in seven countries that have a strong presence of Islamic banks: Bahrain, Kuwait, Malaysia, Qatar, Turkey, Saudi Arabia, and the UAE. The paper covers three periods: pre-financial crisis, the financial crisis, and post financial crisis. The method employed in this paper is the financial ratios analysis (FRA) to measure liquidity, capital adequacy, efficiency profitability, and credit risk. The ratios of Islamic banks and conventional banks were calculated and then the averages were subject to the t-test to determine the significance between those averages. 
The empirical results suggest that no model has a clear superiority over the other. The notable differences that were observed are that: Firstly, the average Net interest (financing) margin of Islamic banks was higher than the conventional banks’ average thus suggesting that the financing methods of Islamic banks are superior. Secondly Conventional banks had considerably higher profit margins, which implies that they manage better all the expenses and revenues and not only those associated with financing costs and investments revenues. Thirdly conventional banks have a higher level of Non-performing loans, which can also be attributed to the different modes of lending between conventional and Islamic banks.

Islamic Banks --- Financial ratios --- conventional banks --- Islamic finance --- Sciences économiques & de gestion > Finance

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Islamic banking --- Islamic finance --- Islamic economics --- Islamic microfinance --- Islamic micro-economics --- Islamic macro-economics --- islamic banking --- islamic finance --- islamic economics --- islamic microfinance --- islamic micro-economics --- islamic macro-economics --- Islam --- Economics --- Finance --- Banks and banking --- Economic aspects --- Religious aspects