Summary :
Trade and finance arranged according to Islamic principles have gained increasing importance. Commercial transactions conducted under Shari’ah principles form a significant portion of international commercial activity today and the Shari’ah trade and finance system has now developed into an important system operating parallel to the conventional system. Despite this development, quality reference materials on Islamic law of trade and finance are not in abundance. This new edition of Applied Islamic Law of Trade and Finance provides a clear and practical exposition of the current Islamic law of trade and finance. Comparison with civil law highlights the differences between the systems and greatly assists in the understanding of both. Regular quotation of Qur’anic verses, with English translation, sets out the religious foundation underlying the applicable Islamic law of trade and finance.

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