Islamic Financial Institutions and the Global Financial Crisis 2008/09

This e-book looks in depth at the position of the Islamic financial services sector vis-à-vis the latest financial-cum-economic crisis that engulfed the entire globe. Due to its special nature, the field of Islamic finance, insurance and investment seems less prone to the shocks and crises which impact on the corresponding conventional sectors. Eight academic papers are presented, touching upon various topics that are vital to the health, survival and development of this thriving sector, which has proved its worth and moved from success to success since its birth over forty years ago.