Islamic finance is a growing industry with an ever-increasing significance in the West: banks offer Muslim-friendly investments; interest-free loans are readily available and more information on the subject, for everyday readers, is essential. This volume aims to offer a basic introduction to the complexities of Islamic finance in the modern world that will be suitable for STUDENTS and lay readers. The book has been checked and edited by leading experts in the field, including Professor Khurshid Ahmad, a notable authority. Up-to-date information. In addition to introducing Islamic finance the book also explains the religious principles that govern the field.