Islamic Finance in Eurasia

The Need for Strategic Change

Studies in Islamic Finance, Accounting and Governance series

Edited by M. Kabir Hassan, Professor of Finance, Department of Economics and Finance, University of New Orleans, US, Paolo Biancone, Department of Management, University of Turin, Italy and Aishath Muneeza, Professor, School of Graduate and Professional Studies, INCEIF, Malaysia

Providing a comprehensive account of the progress, potential and challenges facing Islamic finance in Eurasia, this prescient book explores Islamic finance’s history and development across the Asian and European continents and argues that in order for this market to continue to prosper, innovation and adaptation is a necessity.

‘It is hard to find books focusing on Islamic finance in Eurasia. I congratulate and commend the efforts of the publisher, editors and contributors of this book for compiling various important aspects of the development of Islamic finance in Eurasia which is not limited only to the developments; but potential and challenges as well.’
– Mansor Ibrahim, Deputy President, INCEIF, Malaysia

通过这本书我们意识到irrespective of the faith convictions and the number of Muslims residing in a particular country or region, Islamic finance is essential to be developed for sustainable development. There is no doubt that today’s Islamic finance has gained momentum in the world as a proxy to conventional financing.’
– Mehmet Huseyin Bilgin, Professor of Economics, Istanbul Medeniyet University, Turkey

‘This book is a source of inspiration to realise the untapped potential of Islamic finance in Eurasia. Through this book it is easy to realise the exponential development of Islamic finance in Eurasia while understanding the significance of strategic leadership role as an essential ingredient for success. The selected case studies discussed in this book are useful to appreciate the innovative practices in Islamic finance.’
– Zamir Iqbal, Vice President of Finance, Islamic Development Bank, Saudi Arabia