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Islamic Banking and Finance
New Perspectives on Profit Sharing and Risk
Edited by Munawar Iqbal and David T. Llewellyn
Islamic Banking and Finance discusses Islamic financial theory and practice, and
focuses on the opportunities offered by Islamic finance as an alternative method of
financial intermediation. Key features of profit-sharing (as opposed to debt-based)
contracts are highlighted, and the ways in which they can facilitate improved
efficiency and stability of a financial system are explored.