Islamic Finance

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Praise for Islamic Finance: The New Regulatory Challenge, Second Edition "The emergence of Islamic finance as a major force in the world financial system has focused attention on regulatory issues. This book, edited by Professor Archer and Professor Karim, two of the most respected figures in the field, is an important point of reference for those who have to deal with these issues, whether in regulatory authorities or in the financial institutions themselves." -Hon. Mr. Justice Blair, London "The world's financial regulators have taken too long to appreciate the importance of adapting their regulatory frameworks to the needs of the fast-growing Islamic finance sector. Simon Archer and Rifaat Karim, the leaders in the field, have put together a fascinating collection of essays that show just what has to be done. It is a very timely book indeed." -Howard Davies, Professor of Practice at the Institut d'Etudes Politiques de Paris (Sciences Po), Chairman, Phoenix Group of Life Insurance Companies "The first edition of Islamic Finance: The Regulatory Challenge by Professors Simon Archer and Rifaat Ahmed Abdel Karim was an important addition to the literature on the regulation of Islamic finance. This Second Edition addresses the implications of the recent global financial crisis on the regulation of Islamic financial services. The book deals with the relevant regulatory issues in a timely manner and will be much welcomed by both practitioners and academics." -Dr. Zeti Akhtar Aziz, Governor, Bank Negara Malaysia