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The Context of Islamic Banking and Finance

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Financial Innovation and Engineering in Islamic Finance

Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

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Abstract

The previous chapter (Chap. 1) provided an overview of this book setting out its objective, contribution and outlines of the book chapters. This chapter, however, aims to provide the underlying context, nature and basic understanding of Islamic finance and banking, and its financial principles. It explores the main differences between Islamic banks and their conventional counterparts.

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Author information

Authors and Affiliations

  1. Al Rayan Bank, Birmingham, UK

    Samir Alamad

Authors
  1. Samir Alamad
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Alamad, S. (2017). The Context of Islamic Banking and Finance. In: Financial Innovation and Engineering in Islamic Finance . Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-52947-9_2

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