Islamic finance distinguishes itself from conventional finance with its strong emphasis on the moral consequences of financial transactions; prohibiting interest, excessive uncertainty, and finance of harmful business. When it comes to risk mitigation, it is unique in its risk sharing approach.
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Challenges and Opportunities
Edited by S. Nazim Ali and Shariq Nisar
Niaz A. Shah
This review reveals a multiplicity of perspectives on the Islamic law of war and peace. It highlights work that illustrates how the concept of Jihad is interpreted or misinterpreted, examines the rules applicable during the conduct of armed conflict and reveals the significance of peace and security within Islamic tradition. The selection provides valuable insights into the compatibility of the Islamic law of war and peace and the law of armed conflict, demonstrating how the former could minimise unnecessary human suffering during armed conflict.