Issues in Islamic Finance From The Practitioners’ Perspective

By any standard, 30 years of Islamic Banking is an extremely short period of time if we were to compare it with traditional banking, which has a history of more than 200 years. It may take some time and changes within its financial framework before we can be fully satisfied with overall current state of affairs of Islamic finance. Existing development, in fact, is playing a critical role in contributing towards greater financial stability and inclusion. Challenges and issues are meant to be resolved anyway. These collected articles dealing with issues of Shari’ah applications in financial operations that in a specific way steered the dynamic development of Islamic finance especially in Malaysia. These collected articles are the cumulative efforts of the team at IBFIM involved in the Shari’ah advisory and consultancy.