The Integration of Islamic Finance into the Western Financial Markets

Islamic Financial Products must comply with Islamic Law and have been distributed worldwide by Islamic banks and financial institutions. Today, Islamic financial and banking activities have reached an impressive size of over US$ 300 bn, followed by an estimated growth rate to US$ 800 bn by 2012. Recently, western banks and financial institutions have been entering the "new" fruitful market aimed at being part of this future growth potential. This book should analyse Islamic financial products and financial institutions based on the latest developments and focus on future market potentials in Europe.