Islamic Banking and Finance

In brief: Specialise in Islamic banking and finance: prohibition of riba, murabaha, ijara, sukuk, takaful and the fiqh of transactions, with attention to Hanafi rulings.

Research the legal foundations and practice of Islamic finance, combining fiqh al-mu’amalat with modern financial analysis.

Sample research areas

• Riba, gharar and maysir in classical and modern fiqh
• Murabaha, ijara, musharaka and mudaraba
• Sukuk and takaful
• Zakat, waqf and social finance
• Governance and Shari’ah supervision of Islamic financial institutions

Key sources and texts

• Classical Hanafi manuals on transactions
• Standards and guidance issued by bodies such as AAOIFI
• Academic and industry studies of Islamic finance

Where graduates serve

• Islamic finance advisory and compliance
• Charitable and community finance
• Teaching and research

Available at: B.Litt (Hons) · M.Litt (Hons) · MPhil · D.Litt · Post-doctorate. Back to all fields.