An Introduction to Islamic Finance
By: Mufti Taqi Usmani
An attempt to facilitate an understanding of the basic principles of Islamic finance and the main points of difference between conventional and Islamic banking among other issues.
Topics Covered :
- Musharakah.
- Murabahah.
- Ijarah.
- Salam and Istisna
- Islamic Investment Funds
- The principle of Limited Liability
About The Author
Mufti Taqi Usmani is one of the leading Islamic scholars living today. Author of more than 40 books, he is an expert in the fields of Islamic law, Economics and Hadith. For the past 35 years, he has been teaching at the Darul-Uloom in Karachi that was established by his father Mufti Muhammad Shafi, the late Grand Mufti of Pakistan.
He also holds a degree in law and has sat as Judge at the Shari'ah Appellate Bench of the Supreme Court of Pakistan. He is a consultant to several international Islamic financial institutions and has played a key part in the move toward interest free banking and the establishment of Islamic financial institutions.
He is the deputy chairman of the Jeddah based Islamic Fiqh Council of the Organization of Islamic Conference (OIC).