Islamic finance and the influence of religion on the law

This book contains the papers of the ILA panel on Islamic Finance and the Influence of Religion on the Law. First, the concept of Islamic finance is introduced, with the aim to foster a better understanding of Shar'ia compliant financial products and service providers. The second contribution discusses the wider issue that Islamic finance raises, namely the application of religion-based-law in multi-religious societies and in global transactions. The third contribution deals with the interface between law and religion from the perspective of religion in the wider context of striving for peace and justice, focusing on the economic approach shared by the monotheistic faiths and its application in Jewish law and practice. The last chapter covers Islamic finance and the financial crisis. The book also includes a bibliography.