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Islamic Banking And Finance In Theory And Practice: A Survey Of State Of The Art

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  • SIDDIQI, MOHAMMAD NEJATULLAH

    (Center for Research in Islamic Economics, King Abdulaziz University)

Abstract

The practice of Islamic finance significantly departs from its theory. The survey addresses the causes of the dichotomy and offers alternative research approaches and themes that may in the future facilitate convergence of the practice with the theoretical aspirations - a transformation from merely meeting the criteria of legality to that of achieving the objectives of Islamic law.

Suggested Citation

  • Siddiqi, Mohammad Nejatullah, 2006. "Islamic Banking And Finance In Theory And Practice: A Survey Of State Of The Art," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 13, pages 2-48.
  • Handle: RePEc:ris:isecst:0060
    as

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    References listed on IDEAS

    as
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